Is a car needed in Montecito, CA?

As of early 2026, 91% of users say car is needed

Is Montecito, CA dog-friendly?

As of early 2026, 88% of users say it's dog friendly

Is parking easy in Montecito, CA?

As of early 2026, 81% of users say parking is easy

Are yards well-kept in Montecito, CA?

As of early 2026, 74% of users say yards are well-kept

Does Montecito, CA show holiday spirit?

As of early 2026, 72% of users say there's holiday spirit

Is Montecito, CA quiet?

As of early 2026, 70% of users say it's quiet

Do residents of Montecito, CA plan to stay at least 5 years?

As of early 2026, 66% of users say they plan to stay for at least 5 years

Is there wildlife in Montecito, CA?

As of early 2026, 64% of users say there's wildlife

Would people walk alone at night in Montecito, CA?

As of early 2026, 62% of users say people would walk alone at night

Are there community events in Montecito, CA?

As of early 2026, 59% of users say there are community events

Are neighbors friendly in Montecito, CA?

As of early 2026, 56% of users say neighbors are friendly

Is Montecito, CA walkable to restaurants?

As of early 2026, 51% of users say it's walkable to restaurants

Do kids play outside in Montecito, CA?

As of early 2026, 45% of users say kids play outside

Is Montecito, CA walkable to grocery stores?

As of early 2026, 39% of users say it's walkable to grocery stores

Does Montecito, CA have sidewalks?

As of early 2026, 18% of users say there are sidewalks

Are the streets well-lit in Montecito, CA?

As of early 2026, 18% of users say streets are well-lit

What is 1240 E Valley Rd estimated to be worth?

Trulia's estimated value for 1240 E Valley Rd in Santa Barbara, CA is $17,514,500 .

What is the price history for 1240 E Valley Rd?

1240 E Valley Rd in Santa Barbara, CA last sold for $7,175,000 in August 2017.

Is Santa Barbara a buyer's or seller's market?

Santa Barbara is currently a balanced market, based on recent for-sale activity.

What do residents say about Santa Barbara?

Residents describe Santa Barbara, CA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Santa Barbara, CA .

Does 1240 E Valley Rd have air conditioning?

Yes, 1240 E Valley Rd in Santa Barbara, CA has air conditioning.

Does 1240 E Valley Rd have laundry facilities?

Yes, 1240 E Valley Rd in Santa Barbara, CA has laundry facilities.

OFF MARKET

$17,514,500

Trulia Estimate

6 Beds
10.5 Baths
9,884 sqft (on 4.79 acres)

1240 E Valley Rd, Santa Barbara, CA 93108

Est. Refi. Payment $105,827/mo*

Refinance Your Home

Currently Off Market - Sold Aug 31, 2017 for $7,175,000

Home Value

Trulia Estimate

$17.5M

Since last month

$126K (+0.7%)

Since last year

$2M (+14.1%)

Since last sale

$10M (+144.1%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +26% in the last 10 years

Month	Estimated value
2026
August 2026	$17.51M
August 2026	$17.43M
July 2026	$17.39M
June 2026	$16.72M
May 2026	$16.77M
April 2026	$16.56M
March 2026	$16.81M
February 2026	$16.62M
January 2026	$14.73M
2025
December 2025	$16.09M
November 2025	$15.46M
October 2025	$15.29M
September 2025	$15.82M
August 2025	$15.35M
July 2025	$12.92M
June 2025	$12.98M
May 2025	$12.93M
April 2025	$11.67M
March 2025	$12.46M
February 2025	$12.28M
January 2025	$11.2M
2024
December 2024	$13.42M
November 2024	$12.17M
October 2024	$12.1M
August 2024	$12.1M
July 2024	$14M
June 2024	$16.02M
May 2024	$16.04M
April 2024	$15.14M
March 2024	$15.36M
February 2024	$15.71M
January 2024	$14.48M
2023
December 2023	$15.24M
November 2023	$15.28M
October 2023	$15.5M
September 2023	$15.01M
August 2023	$14.83M
July 2023	$15.28M
June 2023	$14.4M
January 2023	$13.7M
2022
December 2022	$13.76M
November 2022	$14.16M
October 2022	$14.77M
September 2022	$14.68M
August 2022	$14.86M
July 2022	$12.53M
June 2022	$12.8M
May 2022	$12.74M
April 2022	$12.4M
March 2022	$12.21M
February 2022	$11.65M
January 2022	$11.28M
2021
December 2021	$11.34M
November 2021	$11.23M
October 2021	$11M
September 2021	$10.27M
August 2021	$10.18M
July 2021	$10.51M
June 2021	$12.66M
May 2021	$17.29M
April 2021	$16.33M
March 2021	$15.59M
February 2021	$16.08M
January 2021	$17.25M
2020
December 2020	$9.4M
November 2020	$9.51M
October 2020	$9.39M
September 2020	$9.11M
August 2020	$9.7M
July 2020	$9.73M
June 2020	$9.65M
May 2020	$8.04M
April 2020	$8.11M
March 2020	$7.86M
February 2020	$7.8M
January 2020	$7.8M
2019
December 2019	$7.77M
November 2019	$7.65M
October 2019	$7.65M
September 2019	$6.53M
August 2019	$6.52M
July 2019	$6.37M
June 2019	$6.1M
May 2019	$7.51M
April 2019	$7.53M
March 2019	$7.49M
February 2019	$7.6M
January 2019	$7.68M
2018
December 2018	$7.65M
November 2018	$7.54M
October 2018	$7.39M
September 2018	$7.5M
August 2018	$7.57M
July 2018	$7.52M
June 2018	$7.43M
May 2018	$7.4M
April 2018	$7.39M
March 2018	$7.46M
February 2018	$7.32M
January 2018	$7.25M
2017
December 2017	$7.25M
November 2017	$7.19M
October 2017	$7.23M
September 2017	$7.19M
August 2017	$6.95M
July 2017	$7.13M
June 2017	$8.36M
May 2017	$12.44M
April 2017	$12.04M
March 2017	$12.2M
February 2017	$13.98M
January 2017	$13.98M
2016
December 2016	$14.02M
November 2016	$14.07M
October 2016	$14.02M
September 2016	$13.94M

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
2925 Sycamore Canyon Rd, Santa Barbara, CA	0.42	Single-Family Home	$17,250,000	10/17/25	7	8.5	10,700
465 Hot Springs Rd, Santa Barbara, CA	0.20	Single-Family Home	$32,000,000	10/03/25	9	12	15,355
633 Parra Grande Ln, Santa Barbara, CA	0.25	Single-Family Home	$14,500,000	02/06/26	7	6.5	5,498
1181 Glenview Rd, Santa Barbara, CA	0.40	Single-Family Home	$6,700,000	03/26/26	4	6	4,144
2760 Sycamore Canyon Rd, Santa Barbara, CA	0.18	Single-Family Home	$8,965,000	02/06/26	4	4.5	3,837
1119 Alston Rd, Santa Barbara, CA	0.58	Single-Family Home	$15,900,000	05/29/26	7	8	6,909
1366 Oak Creek Canyon Rd, Santa Barbara, CA	1.06	Single-Family Home	$12,250,000	10/01/25	6	7.5	8,664
2775 Sycamore Canyon Rd, Santa Barbara, CA	0.15	Single-Family Home	$4,960,000	01/16/26	4	3	2,453
1103 Camino Viejo Rd, Santa Barbara, CA	0.36	Single-Family Home	$6,400,000	03/20/26	4	4.5	2,752
700 Picacho Ln, Santa Barbara, CA	0.68	Single-Family Home	$60,000,000	10/07/25	9	12	13,362

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
487 Hot Springs Rd, Santa Barbara, CA 93108	0.12	$8,999,000	4	3	2,235	For Sale
549 Hot Springs Rd, Santa Barbara, CA 93108	0.16	$10,995,000	7	6.5	4,975	For Sale
559 Hot Springs Rd, Santa Barbara, CA 93108	0.16	$5,192,200	4	4	3,825	Off Market
602 Parra Grande Ln, Santa Barbara, CA 93108	0.19	$6,206,300	4	3.5	-	Off Market
2775 Sycamore Canyon Rd, Santa Barbara, CA 93108	0.15	$4,960,000	4	3	2,453	Recently Sold
625 Parra Grande Ln, Santa Barbara, CA 93108	0.21	$4,495,000	4	3	2,978	For Sale
2760 Sycamore Canyon Rd, Santa Barbara, CA 93108	0.18	$8,965,000	4	4.5	3,837	Recently Sold
615 Hot Springs Rd, Santa Barbara, CA 93108	0.23	$11,919,600	6	6.5	6,552	Off Market
633 Parra Grande Ln, Santa Barbara, CA 93108	0.25	$14,500,000	7	6.5	5,498	Recently Sold
1190 Dulzura Dr, Santa Barbara, CA 93108	0.22	$5,984,400	5	4	3,640	Off Market
465 Hot Springs Rd, Santa Barbara, CA 93108	0.20	$32,976,100	9	12	15,355	Off Market
465B Hot Springs Rd, Santa Barbara, CA 93108	0.23	-	-	-	-	Off Market

Local Information

Map ViewExplore the area around 1240 E Valley Rd.
Schools2 Elementary Schools1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 2011

4.79 acre lot

9,884 sqft

$1,772/sqft

About this House

Old-world stonework and stately architecture combine with livable, streamlined design at this world-class estate on five park-like acres in Montecito's prestigious Golden Quadrangle. Just beyond the ornate iron entry gates and encompassed by troves of towering oak and sycamore trees, a commanding circular driveway anchors the property. Immediately apparent is this remarkable estate's grandeur. The striking facade of the 8,000 square-foot main residence embraces starkly traditional architecture, nimbly channeling Byzantine styles of old-trefoil-arched windows, a stone turret entry, and a wraparound koi-pond moat.Meanwhile, the interiors showcase a refreshing m?lange of classic and contemporary elementscrisp walnut and red oak juxtapose with dramatic limestone, marble, and wrought ironthat have been thoughtfully engineered to incorporate the most cutting-edge technological accoutrements. (See details for complete list.) A wealth of windows, French doors, and balconies ushers in scenery of the beautifully landscaped grounds.The entry level includes an elegant foyer and entry hall, formal dining room, living room, study, wine storage, and detached office; a designer culinary center with imposing island, walk-in pantry, and butler's pantry; and an entry level master suite equipped with a well-appointed dressing room and limestone-clad his-and-her baths with steam showers. Three additional bedroom suites including a deluxe 1 bedroom, one-and-a-half-bathroom service quarters, a butler's minibar, and a drawing room comprise the upper level. A detached 1 bedroom, one-and-a-half-bathroom guest house, consisting of approximately 1,000 square feet with a two and a half car garage and storage room ensure private living space for visitors and onsite staff. While the interiors of the property deliver relaxed luxury at every corner, the five-acre grounds are an entertainer's playground, accented by a professional-grade tennis court, a bocce ball court, and a luxurious backyard patio with outdoor kitchen and al fresco dining for 12, a 45 foot pool with spa, an air-conditioned cabana with full bath, and a romantic trellised terrace with fire pit. Illuminated flagstone pathways lead to a formal garden and to a bountiful chef's vegetable and herb garden and citrus orchard. The four-bay garage and motor court are a car collector's dream. No detail was overlooked to achieve the ultimate standard of living.The estate, built in 2011 and reimagined to perfection in 2019 with the creative oversight of a stellar design and architectural team, is offered fully furnished for the lock-and-go buyer yet is an equally versatile canvas for the visionary decorator. This secure and secluded resort-like estate may seem like a world away but is only moments from the energy of Coast Village Road, critically acclaimed Cold Spring School, and world-renowned country clubs and beach resorts.

1240 E Valley Rd, Santa Barbara, CA 93108 is a 6 bedroom, 14 bathroom, 9,884 sqft single-family home built in 2011. It last sold for $7,175,000 on Aug 31, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $17,514,500.

Home Details for 1240 E Valley Rd

Interior Features
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood
Interior Details Types of Rooms: Dining Room
Appliances & Utilities DishwasherDryerMicrowave
Fireplace & Spa Fireplace

Exterior Features
Exterior Home Features Roof: TileExterior: Stucco
Parking & Garage Parking Spaces: 5Parking: Carport

Property Information
Year Built Year Built: 2011Year Updated: 2012
Property Type / Style Property Type: Single Family HomeArchitecture: Contemporary

Community
Units in Building: 3

Lot Information
Lot Area: 4.79 acres

Price and Tax history

Date	Event	Price
Nov 16, 2020 Source: Agent Provided	ListingRemoved	$9,995,000
Jun 2, 2020 Source: Agent Provided	Listed For Sale	$9,995,000
Aug 31, 2017 Source: SBMLS #17-2065	Sold	$7,175,000
Aug 22, 2017 Source: Agent Provided	Pending	$7,850,000
Jul 30, 2017 Source: Agent Provided	PriceChange	$7,850,000 Price decreased by 12%
Jun 20, 2017 Source: Agent Provided	Listed For Sale	$8,950,000
May 15, 2017 Source: N/A	ListingRemoved	$9,850,000
Apr 21, 2017 Source: N/A	Listed For Sale	$9,850,000
Jan 6, 2017 Source: Agent Provided	ListingRemoved	$14,900,000
Oct 26, 2016 Source: Agent Provided	PriceChange	$14,900,000 Price increased by 25%
Oct 16, 2016 Source: Agent Provided	PriceChange	$11,900,000 Price decreased by 20%
Jun 27, 2016 Source: Agent Provided	PriceChange	$14,900,000 Price increased by 25%
May 26, 2016 Source: Agent Provided	PriceChange	$11,900,000 Price decreased by 20%
Apr 23, 2015 Source: Agent Provided	Listed For Sale	$14,900,000

Year	Property tax	Tax assessment
2026	Unavailable	$8,423,001

Additional Cost

Market trends in Montecito

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

4MoM

Around this home

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Montecito

At least 50 Trulia users voted on each feature.

91 % Say car is needed
88 % Say it's dog friendly
81 % Say parking is easy
74 % Say yards are well-kept
72 % Say there's holiday spirit
70 % Say it's quiet
66 % Say they plan to stay for at least 5 years
64 % Say there's wildlife
62 % Say people would walk alone at night
59 % Say there are community events
56 % Say neighbors are friendly
51 % Say it's walkable to restaurants
45 % Say kids play outside
39 % Say it's walkable to grocery stores
18 % Say there are sidewalks
18 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.

Zasi H.
Resident
6y ago
"It is a great neighborhood. Really nice houses and close to many trails to go hiking. It is really dark at night "
1
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Jorge
Resident
7y ago
"They would love the fact that there’s very little traffic and kids can play or ride bikes with no worry of getting hit by a car!! "
0
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Jorge C.
Resident
7y ago
"My.commute takes about 20 minutes to work and for the most part it is not bad, unless there is road work being done, then you have to wait!! "
0
Flag
Twallop
Resident
7y ago
"Tight community, creatives, families, pets, beach friendly, quiet and respectful, friendly but not invasive. "
0
Flag
Kateclindsey
11y ago
"I came for a wedding and we loved it so much we bought a house here... Lovely town, wonderful people and spectacular weather."
2
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Sherylann215
13y ago
"A magical place to live, fabulous restaurants, theater, culture, weather. The people that live here love their children, their animals, and their neighbors. I could live anywhere in the world, and I chose Montecito."
2
Flag
Architect1284
13y ago
"live here - great area - part of upper golden triangle of Montecito - best area to live in"
1
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LGBTQ Local Legal Protections

Frequently asked questions about 1240 E Valley Rd

What is 1240 E Valley Rd estimated to be worth?
Trulia's estimated value for 1240 E Valley Rd in Santa Barbara, CA is $17,514,500.
What is the price history for 1240 E Valley Rd?
1240 E Valley Rd in Santa Barbara, CA last sold for $7,175,000 in August 2017.
Is Santa Barbara a buyer's or seller's market?
Santa Barbara is currently a balanced market, based on recent for-sale activity.
What do residents say about Santa Barbara?
Residents describe Santa Barbara, CA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Santa Barbara, CA.
Does 1240 E Valley Rd have air conditioning?
Yes, 1240 E Valley Rd in Santa Barbara, CA has air conditioning.
Does 1240 E Valley Rd have laundry facilities?
Yes, 1240 E Valley Rd in Santa Barbara, CA has laundry facilities.