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Off market
  • $15,403,300

    1240 E Valley Rd, Santa Barbara, CA 93108

    6beds
    9,884sqft
    SingleFamily
    Built in 2011
    4.79 Acres Lot
    $15,403,300 Zestimate®
    $1,558/sqft
    $64,594 Estimated rent

    Home value

    $15,403,300

    $12.63M - $18.64M

    $64,594/mo

    Zestimate® history
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    $96,932/mo

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    $96,932/mo

    Est. payment

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    What's special

    Old-world stonework and stately architecture combine with livable, streamlined design at this world-class estate on five park-like acres in Montecito's prestigious Golden Quadrangle. Just beyond the ornate iron entry gates and encompassed by troves of towering oak and sycamore trees, a commanding circular driveway anchors the property. Immediately apparent is this remarkable estate's grandeur. The striking facade of the 8,000 square-foot main residence embraces starkly traditional architecture, nimbly channeling Byzantine styles of old-trefoil-arched windows, a stone turret entry, and a wraparound koi-pond moat.Meanwhile, the interiors showcase a refreshing m?lange of classic and contemporary elementscrisp walnut and red oak juxtapose with dramatic limestone, marble, and wrought ironthat have been thoughtfully engineered to incorporate the most cutting-edge technological accoutrements. (See details for complete list.) A wealth of windows, French doors, and balconies ushers in scenery of the beautifully landscaped grounds.The entry level includes an elegant foyer and entry hall, formal dining room, living room, study, wine storage, and detached office; a designer culinary center with imposing island, walk-in pantry, and butler's pantry; and an entry level master suite equipped with a well-appointed dressing room and limestone-clad his-and-her baths with steam showers. Three additional bedroom suites including a deluxe 1 bedroom, one-and-a-half-bathroom service quarters, a butler's minibar, and a drawing room comprise the upper level. A detached 1 bedroom, one-and-a-half-bathroom guest house, consisting of approximately 1,000 square feet with a two and a half car garage and storage room ensure private living space for visitors and onsite staff. While the interiors of the property deliver relaxed luxury at every corner, the five-acre grounds are an entertainer's playground, accented by a professional-grade tennis court, a bocce ball court, and a luxurious backyard patio with outdoor kitchen and al fresco dining for 12, a 45 foot pool with spa, an air-conditioned cabana with full bath, and a romantic trellised terrace with fire pit. Illuminated flagstone pathways lead to a formal garden and to a bountiful chef's vegetable and herb garden and citrus orchard. The four-bay garage and motor court are a car collector's dream. No detail was overlooked to achieve the ultimate standard of living.The estate, built in 2011 and reimagined to perfection in 2019 with the creative oversight of a stellar design and architectural team, is offered fully furnished for the lock-and-go buyer yet is an equally versatile canvas for the visionary decorator. This secure and secluded resort-like estate may seem like a world away but is only moments from the energy of Coast Village Road, critically acclaimed Cold Spring School, and world-renowned country clubs and beach resorts.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 14
    • Full bathrooms: 7
    • 1/2 bathrooms: 7
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave
    • Laundry: Room, Gas Hookup, 220V Elect
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 9,884 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 4.79 Acres
    Details
    • Parcel number: 011120094

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Tile
    Condition
    • Year built: 2011

    Community & neighborhood

    Location
    • Region: Santa Barbara

    Other

    Other facts
    • Condition: Excellent
    • Construction: Two Story
    • Grounds/Landscaping: Lawn, BBQ, Fenced: PRT, Pool, Pool House, SPA-Outside, Tennis Court, Yard Irrigation T/O
    • Location/Topo: Level
    • Rooms: Family Room, Ground Floor Bedroom, Office, Theatre, Lbry/Study
    • Fireplace(s): LR, 2+, MBR, DR
    • Flr/Wdw Coverings: Tile, Carpet, Wood
    • Heating/Cooling: GFA, A/C Central
    • Water/Sewer: Mont Wtr, Pvt Well In, Sewer Hookup
    • District: 10 - MONTECITO
    • Deposit: 3.00
    • Foundation: Slab
    • Exterior: Stucco
    • Laundry: Room, Gas Hookup, 220V Elect
    • Amenities: Guest House, Guest Quarters
    • Roof: Tile
    • Year Built: 2011
    • Property Type: A
    • Listing Type: ER
    • Security: Gate:Elec, Security Camera
    • CoListingMemberName: The Epstein Partners

    Price history

    DateEventPrice
    11/16/2020Listing removed$9,995,000$1,011/sqft
    Source: Keller Williams Santa Barbara #20-2007 Report a problem
    6/2/2020Listed for sale$9,995,000+39.3%$1,011/sqft
    Source: Keller Williams Realty Santa Barbara #20-1091 Report a problem
    8/31/2017Sold$7,175,000-8.6%$726/sqft
    Source: SBMLS #17-2065 Report a problem
    8/22/2017Pending sale$7,850,000$794/sqft
    Source: Compass #17-2065 Report a problem
    7/30/2017Price change$7,850,000-12.3%$794/sqft
    Source: Compass #17-2065 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$88,943 $8,257,845 +18408.3%
    2024-- $44,617 -99.4%
    2023$86,244 +1.3%$7,980,932 +2%

    Find assessor info on the county website

    Neighborhood: 93108

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cold Spring
    • Middle: Santa Barbara Jr. High
    • High: Santa Barbara High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.