700 Park Ln
Montecito, CA 93108
- 9 Beds
- 9.5 Baths
- 12,653 sqft (on 5.16 acres)
9 Beds
9.5 Baths
12,653 sqft
(on 5.16 acres)
Home Value
Trulia Estimate
$36.9MSince last month
Increased$311K (+0.9%)Since last year
Increased$10M (+36.7%)Since last sale
Increased$14M (+61.4%)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 +594% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $36.64M |
| July 2026 | $36.33M |
| June 2026 | $38.09M |
| May 2026 | $34.88M |
| April 2026 | $32.99M |
| March 2026 | $35.01M |
| February 2026 | $32.13M |
| January 2026 | $34.4M |
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 |
|---|---|---|---|---|---|---|---|
0.35 | Single-Family Home | $14,000,000 | 04/30/26 | 6 | 8 | 7,146 | |
0.10 | Single-Family Home | $27,442,000 | 11/19/25 | 3 | 3 | 8,695 | |
0.73 | Single-Family Home | $25,957,000 | 04/21/26 | 6 | 7 | 13,599 | |
0.96 | Single-Family Home | $47,590,000 | 10/10/25 | 9 | 9 | 9,477 | |
0.58 | Single-Family Home | $12,250,000 | 03/03/26 | 6 | 6.5 | 8,480 | |
0.27 | Single-Family Home | $10,400,000 | 04/13/26 | 4 | 3.5 | 4,892 | |
0.31 | Single-Family Home | $10,540,000 | 09/03/25 | 4 | 4.5 | 7,649 | |
0.94 | Single-Family Home | $25,500,000 | 04/15/26 | 5 | 7 | 8,847 | |
1.13 | Single-Family Home | $60,000,000 | 10/07/25 | 9 | 12 | 13,362 | |
0.35 | Single-Family Home | $8,108,000 | 09/12/25 | 5 | 5.5 | 4,788 |
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 |
|---|---|---|---|---|---|---|
0.13 | $29,996,000 | 8 | 10 | 8,425 | Off Market | |
0.17 | $13,950,000 | 5 | 5 | 7,028 | For Sale | |
0.17 | $18,500,000 | 6 | 6.5 | 8,179 | For Sale | |
0.21 | $6,212,400 | 8 | 6.5 | - | Off Market | |
0.20 | $7,010,000 | 4 | 4.5 | 4,040 | Recently Sold | |
0.23 | $8,763,500 | 4 | 3 | 3,466 | Off Market | |
0.25 | $10,890,000 | 6 | 6 | 5,269 | Off Market | |
0.23 | $12,262,300 | 5 | 9 | 7,897 | Off Market | |
0.27 | $10,009,900 | 4 | 4.5 | 3,912 | Off Market | |
0.27 | $10,400,000 | 4 | 3.5 | 4,892 | Recently Sold | |
0.30 | $10,225,000 | 5 | 5.5 | 3,764 | Off Market | |
0.31 | $12,184,500 | 4 | 4.5 | 7,649 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1923
Lot Size
5.16 acres
Living Area
12,653 sqft
Price/Sqft
$2,913
Parking
Garage
About this House
Designed in 1923 by George Washington Smith with gardens by Lockwood de Forest, El Miraval presents an opportunity to own one of the rare collaborative projects by the coveted team, considered to be some of Montecito's most revered estates. The 5+ acre ocean view estate on 2 parcels encompasses a Spanish Revival main residence, 2-bd guest house, 1-bd garden cottage, and 3 room apartment above the detached 5-car garage. Amenities include a theater, wine cellar, tennis pavilion, pool terrace, putting green, & seemingly endless expanses of manicured lawns. Undeniable European elegance defines grand scale entertaining rooms with arched windows and doors connecting to a picturesque terrace, patio, loggia, or garden. Tenants in residence require 48 hours notice for showings.
700 Park Ln, Montecito, CA 93108 is a 9 bedroom, 11 bathroom, 12,653 sqft single-family home built in 1923. It last sold for $22,700,000 on Mar 9, 2021. More recently, it was listed as a rental in April 2020 with an asking price of $75,000 per month. That rental listing was removed on June 13, 2020. It is currently off market. The Trulia Estimate is $36,853,400, with a rent estimate of $111,932/month.
Home Details for 700 Park Ln
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Heating & Cooling Heating: Forced Air, RadiantAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 3ElevatorFloors: Tile, Carpet, Hardwood |
Interior Details In-law unitTypes of Rooms: Walk In Closet, Dining Room, Family Room, Library, Office, Pantry |
Appliances & Utilities DishwasherDisposalDryerRefrigeratorWasher |
Fireplace & Spa FireplaceHot Tub or Spa |
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Exterior Home Features Roof: TileExterior: Stucco, WoodPatio |
Pool Pool |
Parking & Garage GarageParking Spaces: 5Parking: Garage Detached |
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Year Built Year Built: 1923 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 4 |
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Lot Area: 5.16 acres |
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Community rooms Fitness Center |
Fitness & Sports Tennis Court |
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Greenhouse |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 9, 2021 Source: SBMLS #20-4394 | Sold | $22,700,000 |
Jan 16, 2021 Source: CLAW #20658932 | Pending | $27,500,000 |
Jan 14, 2021 Source: CLAW #20658932 | PendingToActive | $27,500,000 |
Jan 12, 2021 Source: SBMLS #20-4394 | Pending | $27,500,000 |
Jun 13, 2020 Source: N/A | Listed For Sale | $27,500,000 |
Jun 13, 2020 Source: N/A | ListingRemoved | $75,000 |
Apr 17, 2020 Source: N/A | Listed For Rent | $75,000 |
Apr 3, 2020 Source: Agent Provided | ListingRemoved | $27,500,000 |
Oct 19, 2019 Source: Agent Provided | Listed For Sale | $27,500,000 |
May 23, 2019 Source: N/A | ListingRemoved | $75,000 |
Apr 22, 2019 Source: N/A | Listed For Rent | $75,000 |
Jan 2, 2019 Source: Agent Provided | ListingRemoved | $27,500,000 |
Jul 2, 2018 Source: Agent Provided | Listed For Sale | $27,500,000 |
Jun 10, 2018 Source: N/A | ListingRemoved | $65,000 |
May 10, 2018 Source: Agent Provided | ListingRemoved | $27,500,000 |
May 10, 2018 Source: N/A | Listed For Rent | $65,000 |
Aug 20, 2017 Source: Agent Provided | Listed For Sale | $27,500,000 |
Aug 28, 2015 Source: Agent Provided | ListingRemoved | $29,500,000 |
Feb 5, 2015 Source: Agent Provided | Listed For Sale | $29,500,000 |
Market trends in Montecito
Last updated July 2026
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.
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Frequently asked questions about 700 Park Ln
- What is 700 Park Ln estimated to be worth?Trulia's estimated value for 700 Park Ln in Montecito, CA is $36,853,400.
- What is the price history for 700 Park Ln?700 Park Ln in Montecito, CA last sold for $22,700,000 in March 2021.
- 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 700 Park Ln have air conditioning?Yes, 700 Park Ln in Montecito, CA has air conditioning.
- Does 700 Park Ln have a pool?Yes, 700 Park Ln in Montecito, CA has a pool.