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  • $4,600,000

    756 Hot Springs Rd, Santa Barbara, CA 93108

    4beds
    4,034sqft
    Single Family Residence
    Built in 1978
    1.08 Acres Lot
    $6,665,300 Zestimate®
    $1,140/sqft
    $28,000 Estimated rent

    Home value

    $6,665,300

    $5.67M - $7.93M

    $28,000/mo

    Zestimate® history
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    $28,222/mo

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    What's special

    Discover this quiet, serene retreat location in the much sought after Golden Quadrangle of Montecito. Tucked away down a private lane on over an acre, surrounded by palatial estates and impressive homes is a rare opportunity to develop a private and secluded family compound or easily remodel the existing Mid-Century home. Existing remodeled cozy guest cottage with designer finishes. The main house is ready to be reimagined! Features a 4,034± floorplan with generously proportioned spaces, unique entry atrium, glass walled living room, oversized kitchen, family room, office, 4 large bedrooms, 3 bathrooms and 4 car garage. Expansive lower level which could continue as a workroom or be utilized as an art studio, entertainment space, gym, wine cellar (860± square feet of additional space, not included in the 4,034±sf main level). All this is ready for your transformation! Relax on the sunny south facing decks and take in the backyard - a blank canvas ready for gardens, pool and outdoor activity spaces. Your friends and family will feel right at home in the detached guest cottage with high end finishes and private patio. Also ideal for a new owner to occupy while completing their dream estate. The property offers potential for ocean views from a second story and is a must see in person. Don't miss this opportunity to create your own magical compound in the heart of Montecito close to everything the Upper and Lower Villages has to offer!

    Zillow last checked: 8 hours ago

    Listing updated: September 13, 2024 at 08:28pm

    Listed by:

    Haden Homes Luxury Property Group 02020380 | 01988499 805-880-6530,

    Compass,

    John T Faulkner,

    Compass

    Bought with:

    Josiah Hamilton, 01415235

    Berkshire Hathaway HomeServices California Properties

    Source: SBMLS,MLS#: 23-1161MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Other
    • Laundry: Common Area
    Features
    • Flooring: Carpet
    • Has fireplace: Yes
    • Fireplace features: Living Room, Primary Bedroom
    Interior area
    • Total structure area: 4,034
    • Total interior livable area: 4,034 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Other
    • Attached garage spaces: 4
    Accessibility
    • Accessibility features: Other
    Features
    • Levels: Entry Lvl(No Stairs)
    • Patio & porch: Deck, Patio Open
    • Exterior features: Other, Wooded
    • Fencing: Partial
    • Has view: Yes
    • View description: Mountain(s), Setting, Trees/Woods
    Lot
    • Size: 1.08 Acres
    • Features: Level, Rolling Slope, Corner Lot, Other
    • Topography: Rolly, Level
    Details
    • Additional structures: Other
    • Parcel number: 011090039
    • Zoning: R-1
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Other, Wood Siding
    • Foundation: Raised, Mixed
    • Roof: Composition,Flat
    Condition
    • Fixer,Fair
    • Year built: 1978

    Utilities & green energy

    • Sewer: Sewer Avail

    Community & neighborhood

    Community
    • Community features: Other
    Location
    • Region: Santa Barbara

    Other

    Other facts
    • Listing terms: Cash,Ctnl

    Price history

    DateEventPrice
    4/25/2024Sold$4,600,000-4.1%$1,140/sqft
    Source: SBMLS #23-1161 Report a problem
    11/30/2023Pending sale$4,799,000$1,190/sqft
    Source: CLAW #23-267057 Report a problem
    9/16/2023Price change$4,799,000-4%$1,190/sqft
    Source: SBMLS #23-1161 Report a problem
    5/1/2023Listed for sale$4,997,000$1,239/sqft
    Source: SBMLS #23-1161 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$50,046 +2%$4,692,000 +80.4%
    2024$49,074 +75.5%$2,600,998 +2%
    2023$27,960 +327.9%$2,549,999 +447.9%

    Find assessor info on the county website

    Neighborhood: 93108

    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.