231 Butterfly Ln, Montecito, CA 93108
Property image
Property image
OFF MARKET

$6,415,200

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,360 sqft (on 0.41 acres)

231 Butterfly Ln, Montecito, CA 93108

Est. Refi. Payment $38,674/mo*
Refinance Your Home
Currently Off Market - Sold Sep 8, 2023 for $5,400,000

Home Value

Trulia Estimate
$6.42M
Since last month
Increased$28K (+0.4%)
Since last year
Decreased$136K (-2.1%)
Since last sale
Increased$1M (+18.8%)
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 +273% in the last 10 years
MonthEstimated value
2026
August 2026$6.42M
August 2026$6.37M
July 2026$6.39M
June 2026$6.44M
May 2026$6.34M
April 2026$6.37M
March 2026$6.4M
February 2026$6.28M
January 2026$6.27M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
1125 High Rd, Santa Barbara, CA
0.20
Single-Family Home
$5,400,000
04/09/26
3
3
2,369
175 Hermosillo Dr, Santa Barbara, CA
0.22
Single-Family Home
$3,500,000
08/28/26
3
2.5
2,075
1350 Santa Clara Way, Santa Barbara, CA
0.53
Single-Family Home
$6,250,000
09/16/25
3
3
2,905
1116 Hill Rd, Santa Barbara, CA
0.47
Single-Family Home
$3,810,000
10/21/25
3
2.5
1,748
1077 Summit Rd, Montecito, CA
0.17
Single-Family Home
$7,780,000
10/06/25
5
5
4,391
2775 Sycamore Canyon Rd, Santa Barbara, CA
0.58
Single-Family Home
$4,960,000
01/16/26
4
3
2,453
1383 School House Rd, Santa Barbara, CA
0.58
Single-Family Home
$5,800,000
03/04/26
4
3
2,926
180 Hermosillo Dr, Santa Barbara, CA
0.18
Single-Family Home
$4,330,000
05/07/26
4
4
2,452
1103 Camino Viejo Rd, Santa Barbara, CA
0.50
Single-Family Home
$6,400,000
03/20/26
4
4.5
2,752

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
204 Hot Springs Rd, Santa Barbara, CA 93108
0.07
$17,950,000
4
6.5
6,430
Recently Sold
256 Butterfly Ln, Santa Barbara, CA 93108
0.08
$4,506,900
3
2
1,635
Off Market
1166 Summit Rd, Santa Barbara, CA 93108
0.12
$11,885,900
4
4.5
3,333
Off Market
1180 Mesa Rd, Santa Barbara, CA 93108
0.10
$4,084,700
2
2.5
1,598
Off Market
170 Butterfly Ln, Santa Barbara, CA 93108
0.15
$6,625,600
4
3.5
2,325
Off Market
227 Hot Springs Rd, Santa Barbara, CA 93108
0.10
$6,220,100
4
3
2,804
Off Market
240 Hot Springs Rd, Santa Barbara, CA 93108
0.10
$4,038,900
2
2
1,407
Off Market
231 Middle Rd, Santa Barbara, CA 93108
0.13
$5,572,700
4
3
3,236
Off Market
275 Butterfly Ln, Santa Barbara, CA 93108
0.11
$8,650,000
4
5.5
3,883
For Sale
1077 Summit Rd, Montecito, CA 93108
0.17
$8,015,800
5
5
4,391
Off Market
180 Hermosillo Dr, Santa Barbara, CA 93108
0.18
$4,330,000
4
4
2,452
Recently Sold

Local Information

  • Map ViewExplore the area around 231 Butterfly Ln.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1970
0.41 acre lot
2,360 sqft
$2,718/sqft
Garage

About this House

This exceptionally private, turnkey 5 bedroom 3 bath home is beautifully situated on a nearly 1/2 acre gated lot in one of the most coveted locations in all of Montecito. Beautifully remodeled with designer finishes , top of the line appliances and fixtures. Only a short stroll from the fine dining, shops and farmers market on Coast Village Road. Butterfly Beach is directly accessible just a few blocks away from your front door and The Montecito Club with its Jack Nicklaus Golf Course, tennis, fitness, pools, and family amenities are literally around the corner. Exceptional landscape design with magical outdoor dining and entertaining areas, expansive lawn, bocce ball court, fire pit, outdoor shower -all nestled within mature olive trees with lush perimeter hedging.
231 Butterfly Ln, Montecito, CA 93108 is a 5 bedroom, 3 bathroom, 2,360 sqft single-family home built in 1970. It last sold for $5,400,000 on Sep 8, 2023 (3% below the $5,550,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $6,415,200, with a rent estimate of $7,983/month.
Last check for updates: about 2 hours ago
Listed by Ann Zafiratos 01355461, (805) 448-4317
Berkshire Hathaway HomeServices California Properties
Bought with: Tamra Van Order 02033291, (805) 705-3236, Redfin Corporation
Source: SBMLS, MLS#23-1364

Home Details for 231 Butterfly Ln

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2360 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Gas Range, Tankless Water Heater, Dishwasher, Disposal, Dryer, Microwave, WasherDishwasherDisposalDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Floors: Hardwood
View
Has a ViewView: Mountain(s), Trees/Woods

Exterior Features

Exterior Home Features
Roof: CompositionFencing: FencedFoundation: Slab, Mixed
Parking & Garage
Has a GarageNo Attached GarageParking: Garage
Water & Sewer
Sewer: Sewer Avail
Surface & Elevation
Topography: Level

Days on Market

Cumulative Days on Market: 81

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Medit
Building
Construction Materials: Stucco
Property Information
Condition: ExcellentParcel Number: 009112020

Price & Status

Price
List Price: $5,550,000
Status Change & Dates
Off Market Date: Fri Aug 04 2023

Media

Location

Direction & Address
City: SANTA BARBARA
School Information
Elementary School: Mont UnionJr High / Middle School: S.B. Jr.High School: S.B. Sr.

Building

Building Area
Building Area: 2360 Square Feet

Lot Information

Lot Area: 0.41 acres

Offer

Listing Terms: Cash, Ctnl

Miscellaneous

Mls Number: 23-1364

Price and Tax history

DateEventPrice
Sep 8, 2023
Source: SBMLS #23-1364
Sold
$5,400,000
Aug 7, 2023
Source: SBMLS #23-1364
Pending
$5,550,000
Jul 10, 2023
Source: SBMLS #23-1364
PriceChange
$5,550,000
Price decreased by 5%
Jun 2, 2023
Source: SBMLS #23-1364
PriceChange
$5,849,000
Price decreased by 2%
May 16, 2023
Source: SBMLS #23-1364
Listed For Sale
$5,950,000

Market trends in Montecito

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
54
4MoM

Around this home

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.
    "It is a great neighborhood. Really nice houses and close to many trails to go hiking. It is really dark at night "
    1
    Flag
  • Jorge
    "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
    Flag
  • Jorge C.
    "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
    "Tight community, creatives, families, pets, beach friendly, quiet and respectful, friendly but not invasive. "
    0
    Flag
  • Kateclindsey
    "I came for a wedding and we loved it so much we bought a house here... Lovely town, wonderful people and spectacular weather."
    2
    Flag
  • Sherylann215
    "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
    "live here - great area - part of upper golden triangle of Montecito - best area to live in"
    1
    Flag

LGBTQ Local Legal Protections

This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints. Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.

Frequently asked questions about 231 Butterfly Ln

  • What is 231 Butterfly Ln estimated to be worth?
    Trulia's estimated value for 231 Butterfly Ln in Montecito, CA is $6,415,200.
  • What is the price history for 231 Butterfly Ln?
    231 Butterfly Ln in Montecito, CA last sold for $5,400,000 in September 2023.
  • Is Montecito a buyer's or seller's market?
    Montecito is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Montecito?
    Residents describe Montecito, CA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Montecito, CA.
  • Does 231 Butterfly Ln have laundry facilities?
    Yes, 231 Butterfly Ln in Montecito, CA has in-unit laundry.
  • Does 231 Butterfly Ln have a yard?
    Yes, 231 Butterfly Ln in Montecito, CA has a yard.

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