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

231 Butterfly Ln
Montecito, CA 93108

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

$6,396,400

Trulia Estimate
as of Jul 12, 2026
Est. Refi. Payment $37,886/mo*

$6,396,400

Trulia Estimate
as of Jul 12, 2026
Est. Refi. Payment $37,886/mo*
5 Beds
3 Baths
2,360 sqft
(on 0.41 acres)

Local Information

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

Description

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). It is currently off market. The Trulia Estimate is $6,396,400, with a rent estimate of $7,983/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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

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
Last check for updates: about 18 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

Price History for 231 Butterfly Ln

DatePriceEventSource
09/08/2023$5,400,000Sold
SBMLS #23-1364
08/07/2023$5,550,000PendingSBMLS #23-1364
07/10/2023$5,550,000PriceChange
SBMLS #23-1364
06/02/2023$5,849,000PriceChange
SBMLS #23-1364
05/16/2023$5,950,000Listed For SaleSBMLS #23-1364
01/30/2023$4,800,000Sold
SBMLS #23-213
10/27/2020$3,450,000Sold
SBMLS #20-3776
09/28/2020$3,450,000PendingAgent Provided
09/24/2020$3,450,000Listed For SaleAgent Provided
10/19/2018$2,250,000Sold
N/A
09/15/2018$2,295,000PendingAgent Provided
08/16/2018$2,295,000PriceChange
Agent Provided
06/19/2018$2,495,000Listed For SaleAgent Provided

Market trends in Montecito

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
50
1
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$58,334
Assessment$5,508,000
Home facts updated by county records

Comparable Sales for 231 Butterfly Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.20
Single-Family Home
$5,400,000
04/09/26
3
3
2,369
0.12
Single-Family Home
$11,500,000
08/20/25
4
4.5
3,333
0.53
Single-Family Home
$6,250,000
09/16/25
3
3
2,905
0.47
Single-Family Home
$3,810,000
10/21/25
3
2.5
1,748
0.17
Single-Family Home
$7,780,000
10/06/25
5
5
4,391
0.58
Single-Family Home
$4,960,000
01/16/26
4
3
2,453
0.58
Single-Family Home
$5,800,000
03/04/26
4
3
2,926
0.18
Single-Family Home
$4,330,000
05/07/26
4
4
2,452
0.50
Single-Family Home
$6,400,000
03/20/26
4
4.5
2,752

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

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

  • 38 % 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 "
  • 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!! "
  • 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!! "
  • Twallop
    "Tight community, creatives, families, pets, beach friendly, quiet and respectful, friendly but not invasive. "
  • Kateclindsey
    "I came for a wedding and we loved it so much we bought a house here... Lovely town, wonderful people and spectacular weather."
  • 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."
  • Architect1284
    "live here - great area - part of upper golden triangle of Montecito - best area to live in"

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near 231 Butterfly Ln

Skip to last item
Skip to first item

Off Market Homes Near 231 Butterfly Ln

Skip to last item
Skip to first item
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.