298 E  Mountain Dr, Santa Barbara, CA 93108
Property image
Property image
OFF MARKET

298 E Mountain Dr
Santa Barbara, CA 93108

  • 5 Beds
  • 5 Baths
  • 4,151 sqft (on 0.84 acres)

$5,202,500

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $30,639/mo*

$5,202,500

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $30,639/mo*
5 Beds
5 Baths
4,151 sqft
(on 0.84 acres)

Home Value

Trulia Estimate
$5.2M
Since last month
Decreased$46K (-0.9%)
Since last year
Increased$41K (+0.8%)
Since last sale
Increased$3M (+131.8%)
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 +132% in the last 10 years
MonthEstimated value
2026
August 2026$5.22M
July 2026$5.26M
June 2026$5.29M
May 2026$5.46M
April 2026$5.23M
March 2026$5.38M
February 2026$5.23M
January 2026$5.25M
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
0.20
Single-Family Home
$2,530,000
02/13/26
4
4
4,540
0.14
Single-Family Home
$5,500,000
03/12/26
4
4
3,359
0.27
Single-Family Home
$2,490,574
09/25/25
3
3
2,258
0.95
Single-Family Home
$3,375,000
04/14/26
5
4
3,264
0.63
Single-Family Home
$3,080,000
03/17/26
3
3
2,281
0.55
Single-Family Home
$3,750,000
08/25/25
4
3
2,360
0.61
Single-Family Home
$2,150,000
08/11/26
3
2.5
2,326
0.62
Single-Family Home
$2,670,000
12/05/25
3
2
2,540
1.07
Single-Family Home
$3,900,000
01/30/26
4
3.5
4,407
1.00
Single-Family Home
$7,000,000
10/22/25
4
3.5
3,601

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
0.04
$6,160,700
4
4.5
4,074
Off Market
0.05
$2,999,000
4
3
2,886
For Sale
0.12
$1,649,000
-
-
-
For Sale
0.12
$4,995,000
3
4
3,272
For Sale
0.14
$5,500,000
4
4
3,359
Recently Sold
0.17
$6,139,600
3
5.5
4,175
Off Market
0.20
$2,530,000
4
4
4,540
Recently Sold
0.27
$1,870,000
3
3
2,258
For Sale
0.34
$2,934,400
3
2
1,766
Off Market
0.34
$2,695,000
2
2
1,764
For Sale
0.38
-
-
-
-
Off Market
0.39
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 298 E Mountain Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2012
Lot Size
0.84 acres
Living Area
4,151 sqft
Price/Sqft
$1,253
Parking
Garage

About this House

View the sunrise and the sunset, experience all the best that Montecito has to offer from this private, gated Mediterranean-style ocean view paradise. This approx. 4,151-sq.ft. estate was built in 2012 with exquisite attention to detail on just shy of an acre, in the Montecito foothills. The 180-degree ocean and island vistas are seen from every bedroom and living space of this 5-bedroom, 4.5-bath luxury home. Resort-like features include a panoramic view swimming pool with automatic cover and a generous tiled spa from which you may relax and watch the sunset or gaze at the stars and twinkling lights of the ocean and city. The versatile indoor/outdoor living area includes a covered dining room and pizza oven with a pass-through window to the kitchen, natural stone counter tops, built-in speakers, and multiple French doors all perfect for entertaining. Once inside, you'll never want to leave. The ocean vistas naturally lighten up all aspects of the home including the island view kitchen with provincial CornuFe oven, living room with exposed beams and raised fireplace, and one ocean view en-suite bedroom for guests downstairs. Upstairs features an office with island views plus skylight, ocean-view family room with direct access to the pool, ocean view master en-suite with fireplace and deck, spa tub with view in master bathroom, three more ocean view bedrooms, two more baths and spacious view balconies. The house is plumbed for a future grey water system, ideal for conservation of water. There's also an attached 2-car garage, laundry room and powder room on the ground floor. A wonderful home within Cold Spring School District and near Montecito hiking trails and a bikers haven.
298 E Mountain Dr, Santa Barbara, CA 93108 is a 5 bedroom, 5 bathroom, 4,151 sqft single-family home built in 2012. It last sold for $2,250,000 on Aug 17, 2016. More recently, it was listed as a rental in May 2021 with an asking price of $17,000 per month. That rental listing was removed on June 14, 2021. It is currently off market. The Trulia Estimate is $5,202,500, with a rent estimate of $25,000/month.

Home Details for 298 E Mountain Dr

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet
Interior Details
Types of Rooms: Walk In Closet, Family Room, Laundry Room, Master Bath, Office, PantryCeiling Fan
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
FireplaceHot Tub or SpaJetted Bath Tub
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: TileDeckExterior: StuccoGardenLawnPatio
Pool
Pool
Parking & Garage
GarageParking: Garage Attached, Off Street

Property Information

Year Built
Year Built: 2012Year Updated: 2012
Property Type / Style
Property Type: Single Family HomeArchitecture: Spanish

Rental Terms, Policies & Fees

Furnished

Community

Units in Building: 1

Lot Information

Lot Area: 0.84 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Jun 14, 2021
Source: Zillow Rental Manager
ListingRemoved
Jun 1, 2021
Source: Zillow Rental Manager
PriceChange
$15,000
Price decreased by 12%
May 6, 2021
Source: Zillow Rental Manager
Listed For Rent
$17,000
Aug 24, 2016
Source: Agent Provided
ListingRemoved
$2,450,000
Aug 17, 2016
Source: SBMLS #16-277
Sold
$2,250,000

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
4
MoM

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 "
  • 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

Frequently asked questions about 298 E Mountain Dr

  • What is 298 E Mountain Dr estimated to be worth?
    Trulia's estimated value for 298 E Mountain Dr in Santa Barbara, CA is $5,202,500.
  • What is the price history for 298 E Mountain Dr?
    298 E Mountain Dr in Santa Barbara, CA last sold for $2,250,000 in August 2016.
  • 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 298 E Mountain Dr have a pool?
    Yes, 298 E Mountain Dr in Santa Barbara, CA has a pool.
  • Does 298 E Mountain Dr have laundry facilities?
    Yes, 298 E Mountain Dr in Santa Barbara, CA has in-unit laundry.

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