$59,183,400
- 9 Beds
- 12 Baths
- 13,362 sqft (on 3.41 acres)
700 Picacho Ln, Santa Barbara, CA 93108
Est. Refi. Payment $365,306/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 7, 2025 for $60,000,000
Home Value
Trulia Estimate
$59.2MSince last month
Increased$249K (+0.4%)Since last year
Decreased$3M (-4.5%)Since last sale
Decreased$817K (-1.4%)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 +172% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $59.18M |
| August 2026 | $60.1M |
| July 2026 | $58.93M |
| June 2026 | $60.24M |
| May 2026 | $57.35M |
| April 2026 | $56.59M |
| March 2026 | $58.05M |
| February 2026 | $57.94M |
| January 2026 | $57.67M |
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 |
|---|---|---|---|---|---|---|---|
0.34 | Single-Family Home | $28,000,000 | 12/10/25 | 5 | 7 | 10,776 | |
0.71 | Single-Family Home | $32,000,000 | 10/03/25 | 9 | 12 | 15,355 | |
0.30 | Single-Family Home | $12,500,000 | 07/09/26 | 5 | 6.5 | 7,071 | |
0.54 | Single-Family Home | $12,250,000 | 10/01/25 | 6 | 7.5 | 8,664 | |
0.97 | Single-Family Home | $17,250,000 | 10/17/25 | 7 | 8.5 | 10,700 | |
0.44 | Single-Family Home | $17,850,000 | 04/07/26 | 4 | 5 | 6,922 | |
0.25 | Single-Family Home | $12,500,000 | 06/26/26 | 4 | 5.5 | 6,032 |
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 |
|---|---|---|---|---|---|---|
0.09 | $10,908,200 | 4 | 5.5 | 5,697 | Off Market | |
0.11 | $18,739,000 | 4 | 6.5 | 6,937 | Off Market | |
0.14 | $7,066,500 | 5 | 3.5 | 4,325 | Off Market | |
0.25 | $33,664,300 | 7 | 10.5 | 9,653 | Off Market | |
0.24 | $7,277,600 | 3 | 2.5 | - | Off Market | |
0.25 | $12,500,000 | 4 | 5.5 | 6,032 | Recently Sold | |
0.25 | $6,300,000 | 5 | 4.5 | 3,399 | Recently Sold | |
0.27 | $11,556,800 | 4 | 7 | 6,353 | Off Market | |
0.28 | $16,500,000 | 5 | 7 | 6,000 | Recently Sold | |
0.30 | $12,500,000 | 5 | 6.5 | 7,071 | Recently Sold | |
0.32 | $6,892,000 | 4 | 3 | 4,034 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2009
3.41 acre lot
13,362 sqft
$4,429/sqft
Attached Garage
About this House
700 Picacho Lane presents a rare and irreplaceable opportunity, ideally situated on Montecito's most coveted street, yet set discreetly down a long private drive, offering both privacy and prestige. The expansive, flat acreage unfolds into a sprawling entertainment lawn seamlessly connected to the main residence, all framed by breathtaking 360degree ocean/mtn views. Meticulously renovated and designed by the acclaimed Clements Design, the home is the epitome of turn-key luxury. Every amenity today's discerning buyer desires is thoughtfully incorporated: two guest houses, a state-of-the-art gym and wellness area, tennis court, home theater, grand primary suite, five generous guest rooms, catering kitchen, vegetable gardens for the home chef, koi pond, chicken coop the list is endless.
700 Picacho Ln, Santa Barbara, CA 93108 is a 9 bedroom, 14 bathroom, 13,362 sqft single-family home built in 2009. It last sold for $60,000,000 on Oct 7, 2025 (8% below the $65,000,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $59,183,400.
Last check for updates: about 19 hours ago
Listed by Riskin Partners Estate Group 01815307 / 01447045 / 01954177 / 01951069, (805) 565-8600
Village Properties
Bought with: Riskin Partners Estate Group 01815307 / 01447045 / 01954177 / 01951069, (805) 565-8600, Village Properties
Co-Buyer's Agent: Tyrone D McKillen 01815307 / 01447045 / 01954177 / 01951069, (949) 212-8721
Source: SBMLS, MLS#25-2593

Home Details for 700 Picacho Ln
|
|---|
MLS Status: Closed |
|
|---|
Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 14Number of Bathrooms (full): 10Number of Bathrooms (half): 4 |
Dimensions and Layout Living Area: 13362 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Built-In Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Rev Osmosis, WasherDishwasherDisposalDryerLaundry: Gas Dryer Hookup,Laundry RoomRefrigeratorWasher |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: Living Room, Primary Bedroom, Family Room, Dining Room, Other, Gas, PatioSpa: SPA-OutsideHas a FireplaceHas a Spa |
Windows, Doors, Floors & Walls Flooring: Carpet, Hardwood, Marble, Stone |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood, Marble, Stone |
View Has a ViewView: Mountain(s), Islands, Coastline, Ocean, Panoramic |
|
|---|
Exterior Home Features Roof: SlatePatio / Porch: Patio Open, Patio CoveredFencing: FencedOther Structures: Other, Pool HouseExterior: Tennis Court(s), Sauna, Lawn, Fruit Trees, Yard Irrigation T/OFoundation: MixedHas a Private PoolLawn |
Parking & Garage Has a GarageHas an Attached GarageParking: Attached,Detached |
Pool Pool: Outdoor PoolPool |
Water & Sewer Sewer: Sewer Hookup |
Surface & Elevation Topography: Level |
|
|---|
Cumulative Days on Market: 82 |
|
|---|
Year Built Year Built: 2009 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Estate |
Building Construction Materials: Wood Siding |
Property Information Condition: ExcellentParcel Number: 011140024 |
|
|---|
Price List Price: $65,000,000 |
Status Change & Dates Off Market Date: Fri Sep 26 2025 |
|
|---|
|
|---|
Direction & Address City: MONTECITO |
School Information Elementary School: Mont UnionJr High / Middle School: S.B. Jr.High School: S.B. Sr. |
|
|---|
Lot Area: 3.41 Acres |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Cash, Ctnl |
|
|---|
Mls Number: 25-2593Water ViewWater View: Islands, Coastline, Ocean |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 7, 2025 Source: SBMLS #25-2593 | Sold | $60,000,000 |
Sep 26, 2025 Source: SBMLS #25-2593 | Pending | $65,000,000 |
Jul 7, 2025 Source: SBMLS #25-2593 | Listed For Sale | $65,000,000 |
Mar 23, 2022 Source: N/A | Sold | $52,000,000 |
Sep 30, 2020 Source: N/A | Sold | $44,500,000 |
Oct 4, 1994 Source: N/A | Sold | $2,200,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $60,000,000 |
Home facts updated by county records
Market trends in Montecito
Last updated August 2026
Avg. sale price
โ
Sale-to-List Price
โ
Price per sq ft
โ
Available listings
52
2MoM
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.
LGBTQ Local Legal Protections
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 700 Picacho Ln
- What is 700 Picacho Ln estimated to be worth?Trulia's estimated value for 700 Picacho Ln in Santa Barbara, CA is $59,183,400.
- What is the price history for 700 Picacho Ln?700 Picacho Ln in Santa Barbara, CA last sold for $60,000,000 in October 2025.
- 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 700 Picacho Ln have air conditioning?Yes, 700 Picacho Ln in Santa Barbara, CA has air conditioning.
- Does 700 Picacho Ln have a pool?Yes, 700 Picacho Ln in Santa Barbara, CA has a pool.