1465 E Mountain Drive, Santa Barbara, CA 93108, Santa Barbara, 93108 - 5 bed, 7 bath

1465 E Mountain Drive, Santa Barbara, CA 93108 home-pic-0

1465 E Mountain Drive

Santa Barbara, CA 93108

ACTIVE
CONDITION: EXCELLENT
5Beds
7Baths
7,071Sq Ft
62,291Lot Size

Property Price

LIST PRICE$12,900,000
EST. MARKET VALUE
$13,712,782
5% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$13,712,782 +$812,782 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1465 E Mountain Drive
Subject
$12,900,000*
List Price
577,071$1,939-
A
1285 E Mountain Drive
Active
$10,950,000
List Price
476,533$1,6760.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property has undergone a meticulous and extensive recent renovation, bringing it to like-new condition. The kitchen features high-end cabinetry, premium built-in appliances, and modern herringbone tile work, while the bathrooms are updated with contemporary vanities and freestanding tubs. The interior boasts new wide-plank wood flooring, designer light fixtures, and updated systems throughout. Although originally built in 1994, the comprehensive overhaul within the last few years meets the highest quality standards for a luxury estate.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 62291, living area = 7071.

  • Breathtaking Ocean Views

    The estate offers explosive, south-facing ocean views from the main level and a magnificent upper-level deck, maximizing its coastal appeal.

  • Prime Montecito Location

    Situated just minutes from the iconic San Ysidro Ranch and the Montecito Upper Village, the property provides elite access to world-class amenities and hiking.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

  • Aggressive Price Appreciation

    The current list price of $12.9M represents a significant jump from its $5.5M sale in 2020, which may require extensive justification during the appraisal process.

  • High Operational Costs

    Maintaining a 7,071-square-foot estate and nearly 1.5 acres of landscaped grounds involves substantial ongoing expenses for staffing and utilities.

About 1465 E Mountain Drive

Explosive views, effortless style and casual elegance - this is your Montecito moment! Presiding over 1.43 acres & minutes from the San Ysidro Ranch, this impeccable 5bd/6.5ba estate is a haven of beauty & comfort. Meticulously renovated w versatility in mind, the residence is designed to capture the south facing ocean views on the main level where the Primary Suite, LR, DR, FR & kitchen all open to expansive terraces, inspired landscaping & a dramatic pool/spa. Upstairs the 3 ensuite bedrooms flow out to a magnificent ocean-view deck, & on the lower level, a media room w a kitchenette & bathroom await guests. The estate's expansive grounds are imaginative, drought tolerant & breathtaking. Only a short distance to hiking & the upper village, this is a true destination resort.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1994
Lot Size
62,291 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
7 (7 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
65%
Baths7.05.0
84%
Square foot7,0713,784
89%
Lot Size62,29143,560
80%
Price$12.90M$5.49M
93%
Price per sq ft$1.8K$1.6K
64%
Built year19941973
76%
HOA$0$0
50%
Days on market56237
3%

Pricing History

Listed for Sale

Jan 10, 2026

$12,900,000

Initial Listing

Sold

Sep 11, 2020

$5,500,000

Public Record

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