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  • Price cut: $426K (7/27)
    $8,999,000

    487 Hot Springs Rd, Santa Barbara, CA 93108

    4beds
    2,235sqft
    : 
    $59,143/mo
    Get pre-qualified
    Single Family Residence
    Built in 1953
    1 Acres Lot
    $8,860,800 Zestimate®
    $4,026/sqft
    $-- HOA

    What's special

    Magical gated, Montecito compound property with newly remodeled main house, guest house, casita and small detached office in prime location . This serene, private property is encased by lush green hedges, stately mature oak trees and natural landscaping. The property seamlessly blends Santa Barbara indoor/outdoor living with French doors leading to beautiful outdoor spaces .. this wonderful property, in the Montecito School District, captures the essence of Santa Barbara coastal living. The sophisticated and charming main house, with refined detail, offers 4 bedrooms, 3.5 bathrooms and spacious, inviting living room with fireplace and high beam ceilings. The fabulous chef's kitchen, with beautiful white quartz countertops, custom cabinetry and Viking Appliances opens to an inviting family room and spacious dining area for a great room living concept. The Guest house, located privately away from main house, features 2 bedrooms, 2 full baths and spacious living room and dining area and lovely covered veranda. The newly renovated kitchen includes all new high end appliances. Separately, there is a charming remodelled studio casita with full bath and kitchen. The guest house and casita have a separate gated entrance from East Valley road. Additional features include central HVAC, exterior lighting, LED lighting. Near upper and lower villages, hiking, walking and beaches ....
    118 days
    |
    966
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan S Conger 00545024,

    Sotheby's International Realty,

    Charlie Petersen 01742017,

    Sotheby's International Realty

    Source: SBMLS,MLS#: 26-1021MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Wine Refrigerator, Refrigerator, Gas Range, Dishwasher, Gas Cooktop
      • Laundry: In Garage
      Features
      • Double Vanity, Rain Shower, Recessed Lighting
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 2,235
      • Total interior livable area: 2,235 sqft

      Property

      Parking
      • Parking features: Carport
      Features
      • Levels: Single Story
      • Patio & porch: Deck, Porch
      • Has view: Yes
      • View description: Mountain(s), Setting
      Lot
      • Size: 1 Acres
      • Features: Level, Cul-De-Sac
      • Topography: Level
      Details
      • Additional structures: Other, Studio
      • Parcel number: 009040003
      • Zoning: R-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Mixed
      • Roof: Composition
      Condition
      • Good
      • Year built: 1953

      Utilities & green energy

      • Sewer: Sewer Hookup
      • Water: Mont Wtr

      Community & HOA

      Location
      • Region: Santa Barbara

      Financial & listing details

      • Price per square foot: $4,026/sqft
      • Tax assessed value: $3,199,230
      • Annual tax amount: $35,328
      • Date on market: 3/31/2026
      • Cumulative days on market: 119 days
      • Listing terms: Conventional,Cash

        Estimated market value

        $8,860,800

        $8.42M - $9.30M

        $7,800/mo

        Price history

        DateEventPrice
        7/27/2026Price change$8,999,000-4.5%$4,026/sqft
        Source: SBMLS #26-1021 Report a problem
        3/31/2026Listed for sale$9,425,000-5.7%$4,217/sqft
        Source: SBMLS #26-1021 Report a problem
        1/13/2026Listing removed$17,975$8/sqft
        Source: Zillow Rentals Report a problem
        12/27/2025Listed for rent$17,975+51.1%$8/sqft
        Source: Zillow Rentals Report a problem
        9/10/2025Listing removed$11,900$5/sqft
        Source: Zillow Rentals Report a problem
        9/9/2025Listing removed$9,995,000$4,472/sqft
        Source: SBMLS #25-2222 Report a problem
        8/4/2025Price change$11,900-7.8%$5/sqft
        Source: Zillow Rentals Report a problem
        6/30/2025Price change$12,900-0.8%$6/sqft
        Source: Zillow Rentals Report a problem
        6/14/2025Price change$13,000-13.3%$6/sqft
        Source: Zillow Rentals Report a problem
        6/6/2025Listed for sale$9,995,000+225%$4,472/sqft
        Source: SBMLS #25-2222 Report a problem
        6/3/2025Listed for rent$15,000$7/sqft
        Source: Zillow Rentals Report a problem
        12/13/2022Sold$3,075,000+6%$1,376/sqft
        Source: SBMLS #22-3789 Report a problem
        12/5/2022Pending sale$2,900,000$1,298/sqft
        Source: SBMLS #22-3789 Report a problem
        11/21/2022Listed for sale$2,900,000$1,298/sqft
        Source: SBMLS #22-3789 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$35,328 +1.8%$3,199,230 +2%
        2024$34,714 +1.8%$3,136,500 +2%
        2023$34,105 +687.6%$3,075,000 +1526%
        2022$4,330 +1.1%$189,109 +2%
        2021$4,285 +1.1%$185,402 +1%
        2020$4,240 +5.1%$183,502 +2%
        2019$4,033 +0.9%$179,905 +2%
        2018$3,996 +4.7%$176,379 +2%
        2017$3,816 +4.3%$172,922 +2%
        2016$3,660 +10.4%$169,532 +1.5%
        2015$3,316 $166,986 +2%
        2014$3,316 $163,716 +2.5%
        2012-- $159,782 +2%
        2011-- $156,650 +0.8%
        2010-- $155,480 -0.2%
        2009-- $155,850 +2%
        2008-- $152,796 +2%
        2007-- $149,801 +2%
        2006-- $146,865 +2%
        2005-- $143,986 +3.9%
        2003-- $138,578 +2%
        2002-- $135,862 +2%
        2001-- $133,199 +2%
        2000-- $130,588
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 93108

        Getting around

        37 / 100
        Car-Dependent
        20 / 100
        Minimal Transit
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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