Unparalleled luxury coupled w artful & timeless design are brought to life at Montecito's meticulously reimagined Monte Arroyo Estate. A testament to rebirth & reinvention, this residence seamlessly blends old-world details w modern sophistication. Exclusivity & refinement await, complete w 9bd, 14 ba, expansive landscaping, a GH, wellness pavilion, pickleball court, & luxurious theater. Inside, you'll be captivated by thoughtful living spaces & lavish amenities, punctuated by elegance & flair. Outside, experience a botanical wonderland of serenity in the artfully curated gardens, sparkling pool & spa. Whether entertaining in style or unwinding in tranquility, this extraordinary residence is a private escape in the heart of Montecito. Embark on your legacy at Monte Arroyo Estate.
Closed
$32,000,000
465 Hot Springs Rd, Santa Barbara, CA 93108
9beds
15,355sqft
Single Family Residence
Built in 1910
3.86 Acres Lot
$32,373,100 Zestimate®
$2,084/sqft
$34,384 Estimated rent
Home value
$32,373,100
$29.14M - $35.93M
$34,384/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 03, 2025 at 03:32pm
Listed by:
Nancy L Kogevinas 01209514 805-331-7577,
Berkshire Hathaway HomeServices California Properties
Bought with:
Nancy L Kogevinas, 01209514
Berkshire Hathaway HomeServices California Properties
Source: SBMLS,MLS#: 24-2743
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 14
- Full bathrooms: 10
- 1/2 bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator, Gas Range, Dishwasher, Disposal, Dryer, Microwave, Washer
- Laundry: Laundry Room
Features
- Flooring: Hardwood, Tile
- Has fireplace: Yes
- Fireplace features: Living Room, Primary Bedroom, Family Room, Dining Room, Gas
Interior area
- Total structure area: 15,355
- Total interior livable area: 15,355 sqft
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
Features
- Patio & porch: Patio Open
- Exterior features: Lawn, Fruit Trees
- Has private pool: Yes
- Pool features: Outdoor Pool
- Has spa: Yes
- Spa features: SPA-Outside
- Has view: Yes
- View description: Mountain(s), Setting
Lot
- Size: 3.86 Acres
Details
- Additional structures: Other, ADU (Accessory Dwelling Unit), Pool House
- Parcel number: 009040019
- Zoning: E-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Medit,Estate
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Mixed
- Roof: Tile,Metal
Condition
- Excellent
- Year built: 1910
Utilities & green energy
- Water: Mont Wtr
Community & neighborhood
Location
- Region: Santa Barbara
Other
Other facts
- Listing terms: Cash,Ctnl
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Sold | $32,000,000-14.7%$2,084/sqft |
Source:  SBMLS #24-2743 Report a problem | ||
| 8/18/2025 | Pending sale | $37,500,000$2,442/sqft |
Source:  CLAW #24-429919 Report a problem | ||
| 5/8/2025 | Contingent | $37,500,000$2,442/sqft |
Source: CLAW #24-429919 Report a problem | ||
| 5/8/2025 | Pending sale | $37,500,000$2,442/sqft |
Source: SBMLS #24-2743 Report a problem | ||
| 1/23/2025 | Price change | $37,500,000-10.7%$2,442/sqft |
Source: SBMLS #24-2743 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,896 +47.5% | $1,723,800 +81.1% |
| 2024 | $12,133 -87.1% | $951,966 -89.2% |
| 2023 | $94,017 +481% | $8,825,000 +567.9% |
Find assessor info on the county website
Neighborhood: 93108
Nearby schools
GreatSchools rating
- 9/10Montecito Union SchoolGrades: K-6Distance: 0.6 mi
- NASanta Barbara Unified Early ChildhoodGrades: Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Mont Union
- Middle: S.B. Jr.
- High: S.B. Sr.
Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.