1475 E Mountain Drive, Santa Barbara, CA 93108, Santa Barbara, 93108 - 5 bed, 7 bath
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Santa Barbara, CA 93108
This Refined Montecito Estate is a premier Move-in Ready Sanctuary listed at $28,500,000—positioned well below the $28,984,157 Fair Market Value by 1%. This valuation provides $484,157 in Instant Equity for a property in Mint Condition. The 11,484 sqft residence features Panoramic Ocean Views, a Chef’s Kitchen, and world-class amenities including a Tennis Court and Pool. Located in the prestigious Upper Village, this turnkey compound offers a sophisticated lifestyle for Luxury Homeowners or Multi-Generational Families seeking privacy and elegance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1475 E Mountain Drive Subject | $28,500,000* List Price | 5 | 7 | 11,484 | $2,524 | - |
A 880 Picacho Lane Sold | $28,000,000 | 5 | 8 | 10,776 | $2,598 | 0.3 mi |
B 857 Picacho Lane Active | $21,900,000 List Price | 7 | 6 | 8,352 | $2,622 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1992, the estate has been 'newly refreshed' and 'reimagined' with a modern sensibility. The kitchen and bathrooms showcase high-end contemporary finishes, marble surfaces, and designer fixtures consistent with a renovation within the last 5 years. The property is in mint condition with no visible maintenance requirements.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 81893, living area = 11484.
The estate offers rare, expansive ocean views from nearly every room, providing a quintessential Montecito luxury experience that maximizes its elevated position.
Situated on 1.88 usable acres, the property features a comprehensive suite of luxury amenities including a tennis court, pool, spa, gym, and a separate guest apartment.
The sheer scale of the 11,484 sqft home and nearly two acres of manicured grounds implies significant ongoing maintenance, utility, and staffing expenses for the owner.
With a list price of $28.5 million, the property sits at the highest end of the market, which may result in a longer days-on-market period due to a limited pool of qualified buyers.
Epic views stretch across the horizon at this newly refreshed Montecito estate, where scale and effortless elegance align beautifully. Usable grounds and thoughtful design create a home that lives as easily as it presents, with nearly every room opening to expansive ocean views. The Spanish Colonial-inspired residence has been reimagined with a refined modern sensibility, featuring arched passageways, expansive verandas, and Venetian plaster interiors. The home offers four bedroom suites on one level, including a luxe primary suite, along with formal and casual living spaces anchored by a sunlit kitchen/great room. A guest apartment, gym, game room, and 1.88 acres with pool/spa, tennis court, and gardens complete this private Upper Village offering.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 79% |
| Baths | 7.0 | 5.0 | 85% |
| Square foot | 11,484 | 3,784 | 98% |
| Lot Size | 81,893 | 40,946.398 | 89% |
| Price | $28.50M | $5.30M | 98% |
| Price per sq ft | $2.5K | $1.7K | 83% |
| Built year | 1992 | 1984 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 221 | 2% |
Apr 21, 2026
$28,500,000
Initial Listing
Nov 16, 2021
$19,600,000
Public Record
Jun 10, 2011
$7,000,000
Public Record