857 Picacho Lane, SANTA BARBARA, CA 93108, SANTA BARBARA, 93108 - 7 bed, 6 bath
ACTIVE$21,900,000/sqft
857 Picacho Lane, SANTA BARBARA, CA 93108
7Beds
6Baths
Sqft
88,862.398Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 88862, living area = 8352.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-06-02. The sold price is $16,800,000.00.
Compared to the nearby listings
Price:$21.90M vs avg $6.00M (+$15,900,000)96%
Size: sqft vs avg 2,795 sqft25%
Price/sqft:$0 vs avg $1.4K36%
More Insights
Built in 2010 (16 years old).
Condition: Built in 2010, this estate has been recently and extensively renovated, as highlighted in the description and evident throughout the images. The kitchen features high-end, modern appliances, dark custom cabinetry, and luxurious marble countertops, all in pristine condition. Bathrooms are equally impressive, showcasing contemporary designs with marble vanities, stylish fixtures, and high-quality tiling. Flooring is a mix of immaculate hardwood and plush carpeting. All light fixtures are modern and cohesive with the overall sophisticated aesthetic. The property exhibits no signs of wear and tear, meeting current quality standards with a 'new or virtually new' feel, aligning perfectly with the 'Excellent' criteria for a recently renovated property.
Year Built
2010
Close
-
List price
$21.9M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3098
Home ConditionExcellent
Features
Excellent View:
Deck
Patio
View-
About this home
Nestled along prestigious Picacho Lane, this newly renovated estate offers sweeping ocean views and timeless elegance. Set behind a graceful lone private driveway, the home invites you in with a welcoming entry porch—perfect for morning coffee or evening fireside moments. Inside, a thoughtfully curated design balances modern sophistication with serene comfort, flowing effortlessly through richly appointed living areas. Ideal for every stage of life, the flexible layout includes an elevator for added convenience and features a main residence thoughtfully paired with a charming guest house and creative cabin. Whether hosting or retreating, the estate offers boundless possibilities for luxury, inspiration, and ease.
T
Tyrone McKillen
Listing Agent
Price History
Date
Event
Price
06/02/25
Sold
$16,800,000
08/24/21
Sold
$9,500,000
04/09/20
Sold
$5,433,000
Condition Rating
Excellent
Built in 2010, this estate has been recently and extensively renovated, as highlighted in the description and evident throughout the images. The kitchen features high-end, modern appliances, dark custom cabinetry, and luxurious marble countertops, all in pristine condition. Bathrooms are equally impressive, showcasing contemporary designs with marble vanities, stylish fixtures, and high-quality tiling. Flooring is a mix of immaculate hardwood and plush carpeting. All light fixtures are modern and cohesive with the overall sophisticated aesthetic. The property exhibits no signs of wear and tear, meeting current quality standards with a 'new or virtually new' feel, aligning perfectly with the 'Excellent' criteria for a recently renovated property.
Pros & Cons
Pros
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 = 88862, living area = 8352.
Prestigious Location: Nestled along prestigious Picacho Lane in Santa Barbara, offering an exclusive and highly desirable address.
Sweeping Ocean Views: The estate boasts sweeping ocean views, a premium feature highly sought after in the Santa Barbara market.
Newly Renovated Estate: Recently renovated with a thoughtfully curated design, blending modern sophistication with timeless elegance.
Multiple Structures & Amenities: Includes a main residence, charming guest house, creative cabin, and an elevator, providing versatility and convenience.
Privacy & Exclusivity: Set behind a graceful lone private driveway, ensuring a high degree of privacy and an exclusive feel.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-06-02. The sold price is $16,800,000.00.
Significant Price Appreciation: The current list price of $21.9M represents a substantial increase from the last recorded sale of $16.8M, which may require strong justification through renovations and market conditions.
Limited Market Appeal: The ultra-luxury price point inherently narrows the potential buyer pool, potentially leading to a longer marketing period.
Absence of Mentioned Pool/Spa: For an estate of this magnitude and price point in Santa Barbara, the description does not explicitly mention a pool or spa, which could be a notable omission for many luxury buyers.