525 Hot Springs Road

Montecito, CA 93108

$5,100,000
Last Sold Price
87,120 / 2
Lot Size / Acres

Description

Dream big in Montecito's Golden Quadrangle! This 2-acre mountain view parcel offers an incredible opportunity to build the estate you've always wanted. Valuable approved/permitted true Santa Barbara style plans designed by Becker, Henson, Niksto (4bd, apx 6000 sq ft residence + pool, cabana and workshop) allow you to begin construction right away & avoid the lengthy 2+year design/approval process. Mature trees, mountain views, a level lot, and an A+ location create a beautiful environment to support...Dream big in Montecito's Golden Quadrangle! This 2-acre mountain view parcel offers an incredible opportunity to build the estate you've always wanted. Valuable approved/permitted true Santa Barbara style plans designed by Becker, Henson, Niksto (4bd, apx 6000 sq ft residence + pool, cabana and workshop) allow you to begin construction right away & avoid the lengthy 2+year design/approval process. Mature trees, mountain views, a level lot, and an A+ location create a beautiful environment to support the residence. Site prep done by DD Ford is of the highest quality. Just minutes away from many legacy estates, the Upper & Lower Villages, Butterfly Beach, Montecito Union School and some of Santa Barbara's best hiking trails, this is an ideal location for your version of the California Dream!
  1. Listed by Robert Riskin • DRE #01954177 • Brokerage DRE #00861534 • Village Properties

Property Details for 525 Hot Springs Road

Water Front
None
Zoning
E-1
Cross Streets
East Valley Road
Parcel Number
011171025
Area
Montecito (MCTO)
Lot Size Area
87120
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
011-171-025

Location

Listing Courtesy of Village Properties, Robert Riskin, DRE #01954177

Sold By Village Properties, Robert Riskin, DRE #01954177

Add your commute
LISTING UPDATED: 09/19/2022 02:07 PM

Property Details for 525 Hot Springs Road

StatusSold
MLS #21-725898
Days on Market467
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size2.00 AC
CountySanta Barbara County

Location

Listing Courtesy of Village Properties, Robert Riskin, DRE #01954177

Sold By Village Properties, Robert Riskin, DRE #01954177

Add your commute

Building Information for 525 Hot Springs Road

Lot Size2.00 AC

Payment Calculator

$32,368 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,833

Property Taxes

$4,535

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 525 Hot Springs Road

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Mountains
  • View: Mountain(s)
  • Water: District, Meter on Property
  • Sewer: On Site
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Additional Parcel Number: No
  • Lot Acreage: 2.1
  • Lot Size Square Feet: 87120
  • Lot Location: Park Nearby
  • Telephone: 0.0
  • Cable: 0.0
  • Electric: On Site
  • Public Street: Yes
  • Reports On File: Plans
  • Topography: Flat
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 04-30-2021

Property History for 525 Hot Springs Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 525 Hot Springs Road

Taxable ValueLand$5,100,000Additions-Total$5,100,000
Tax Record2023$54,416 ($4,535 / month)
Home Facts
Beds0Lot Size87,120 SqFtStyleResidentialCountySANTA BARBARAAPN011-171-025

Schools near 525 Hot Springs Road

This home is within Montecito Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Montecito Union School
PublicK to 6

Santa Barbara Junior High School
Public7 to 8

Santa Barbara Senior High School
Public9 to 12

Adelante Charter School
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Village Properties, Robert Riskin, DRE #01954177

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.