691 Picacho Lane

Montecito, CA 93108

$16,500,000
Price
$16,500,000
Price
7
Beds
6
Baths
2
1/2 Baths
6,381 Sq. Ft.
$2,586 / Sq. Ft.
6,381
Sq. Ft.
$2,586
per Sq. Ft.

Property Details

StatusActive
MLS #19-2095
Year Built1986
DOM4
Compass TypeSingle Family
MLS TypeResidential / Home/Estate / Single Family
Lot Size5.01 AC / 218,235 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountySanta Barbara County

Listing Agent

Riskin Partners Real Estate Group

Village Properties

team@riskinpartners.com

P: (805) 969-8900

M: (805) 565-8600

Contact Compass Agent

Property Details

Within City Limits
No
Zoning
Other
Cross Street
East Valley Road
Style
Estate, Medit
Construction
Split Level
Recurring Fees
No

Description

Sweeping ocean views and dramatic mountain panoramas are on full display at this one-of-a-kind estate, known as Gloria. Arguably Montecito's most premier location, in the heart of the Golden Quadrangle and spanning 5 flat usable acres on Picacho Lane, this estate is part of a very elite group of the area's most iconic legacy properties. Classic architecture & elegant spaces define the main residence, including a gracious main floor master suite. Two private wells ensure lush gardens, vast lawns &...

Location

Listing Courtesy of Village Properties, Riskin Partners Real Estate Group

Building Information

Stories-Year Built1986Building Size-Lot Size5.01 AC / 218,235 SF

Payment Calculator

$66,491 per month

30 year fixed, 4.45% Interest

Principal and Interest

$66,491

Property Taxes

HOA Dues

$0

Property Information for 691 Picacho Lane

Details
    Features
  • District: 10 - MONTECITO
  • Property Type: A
  • Property Sub Type: Home/Estate
  • Amenities: Cathedral Ceilings, Guest House, Guest Quarters, Pantry, Skylight
  • Appliances Included: Dishwasher, Disposal, Double Oven, Dryer, Gas Rnge/Cooktop, Gas Stove, Microwave, Oven/Rnge/Blt-In, Refrig, Washer
  • Dining: Formal, In Kitchen
  • Exterior: Stucco
  • Fireplace(s): 2+, DR, FR, LR, MBR
  • Floor Window Coverings: Carpet, Tile
  • Laundry: Room
  • Roof: Tile
  • Rooms: Exercise Room, Family Room, Ground Floor Bedroom, Ground Floor Master, Lbry/Study
  • Security: Gate:Elec, Sys
  • View: Mountain, Ocean, Panoramic
  • Listing Details: None
  • Grounds Landscaping: Deck, Fenced: ALL, Fruit Trees, Lawn, Other Grnds, Patio Covered, Patio Open, Pool
    Parking/Garage
  • Parking/Garage: Gar #3, Interior Access
Location Info
    Location Info
  • Location Topo: Downslope, Level
  • Proximity: Near Park(s), Near School(s), Near Shopping
    Neighborhood/Schools
  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Junior High School: S.B. Jr.
Property / Assessor Information
    Property / Assessor Info
  • Apx Num Of Acres: 5
  • Condition: Excellent
  • Foundation: Raised
  • Other Buildings: Barn, Shed, Work Shop
  • Source: Public Records
  • SqFt: 6381
  • Total # Units: 1
  • Year Built: 1986
    Utility Info
  • Heating/Cooling: A/C Central, GFA
  • Water / Sewer: Mont Wtr, Pvt Well In, Sewer Hookup
Contract Info
    Contract Info
  • Affordable Housing: No
  • Deposit: 3
  • Terms: Cash, Ctnl

Property History for 691 Picacho Lane

DateEvent & SourcePriceAppreciation
Jun 15, 2019Price Change

CARETS #19478186

$16,500,000
Jun 14, 2019Listed (Active)

CARETS #19478186

$18,500,000
Jun 14, 2019Listed (Active)

SBMLS #19-2095

$18,500,000
DateEvent & SourcePrice
06/15/2019
Price Change

CARETS #19478186

$16,500,000
06/14/2019
Listed (Active)

CARETS #19478186

$18,500,000
06/14/2019
Listed (Active)

SBMLS #19-2095

$18,500,000

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

Public Records

Taxable ValueLand$11,685,217Additions$1,947,529Total$13,632,746
Tax Record2018$143,047
Home Facts
Beds5Finished Sq.Ft.6,381 SqFtLot Size218,236 SqFtStyleSingle Family ResidenceYear Built1986Year Renovated1987CountySANTA BARBARAAPN011130020

Schools in Montecito, CA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Our Lady of Mount Carmel Elementary SchoolPrivatePK-80.4 mi
NR
Montecito Union SchoolPublicK-60.7 mi
9
Adelante Charter SchoolCharterK-62.6 mi
3
Santa Barbara Junior High SchoolPublic7-83.1 mi
5

Our Lady of Mount Carmel Elementary School

PK-8, 0.4 mi, Private

NR

Montecito Union School

K-6, 0.7 mi, Public

9

Adelante Charter School

K-6, 2.6 mi, Charter

3

Santa Barbara Junior High School

7-8, 3.1 mi, Public

5

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.

Montecito
A pocket of luxury caught between the magnificent Santa Ynez mountains and some of California’s most beautiful coastline.
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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Village Properties, Riskin Partners Real Estate Group
Based on information from the Santa Barbara MLS as of 06/14/2019 07:00 AM, display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and may or may not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 06/16/2019 03:42 AM