Tucked away on a spacious and level ±1-acre parcel, this gated Montecito estate embodies the essence of a true luxury compound. The property showcases two thoughtfully designed residences — including a newly built ±1,200 sq ft ADU — set amid expansive, park-like grounds ideal for multi-generational living, hosting family & friends, or generating income opportunities. Located in the sought-after Cold Spring School District, the retreat is perfectly positioned between Montecito's upper and lower villages, just minutes from pristine beaches and scenic hiking trails. Architectural plans by A34 Studios are available, with a land-use permit already secured for future expansion of the main residence. Inside the gated property, a spacious motor court offers ample parking and comfortable separation between the two residences. Significant infrastructure upgrades include electrical, sewer, water, and gas system improvements. The single-level main residence features vaulted ceilings, a cozy fireplace, a remodeled kitchen, two bedrooms plus a loft, and easy access to a generous entertaining deck, outdoor barbecue, & various seating areas.
Steps away, a newly built 2-bed/2-bath ADU features soaring 10-foot ceilings, open-concept living areas, and folding steel doors that invite the outdoors in. Just off the main living area, a covered patio overlooks the expansive grassy lawn and serene setting. At every turn, the home features sophisticated, top-quality finishes, energy-efficient upgrades, and custom details. A covered breezeway connects the home to an oversized garage with EV charging, private laundry, and abundant storage, completing the ADU's thoughtful layout.
Outside, endless possibilities await, whether you're entertaining, gardening, or simply looking for a serene space to relax outdoors. Amenities include a fire pit area, garden beds, grassy open areas, a putting green, and a detached flex space perfect for an office, art studio, or fitness room all surrounded by lush landscaping, mature trees, and privacy hedges. With its flat, usable land, dual residences, and notable privacy, this property offers a rare combination of space and versatility ready for immediate enjoyment or future expansion.
Active
Price cut: $200K (10/6)
$5,295,000
2775 Sycamore Canyon Rd, Santa Barbara, CA 93108
4beds
2,453sqft
Est.:
Single Family Residence
Built in 1930
1 Acres Lot
$5,106,200 Zestimate®
$2,159/sqft
$-- HOA
What's special
Flat usable landCozy fireplaceSophisticated top-quality finishesSpacious motor courtDetached flex spaceGarden bedsNotable privacy
- 146 days |
- 1,143 |
- 67 |
Zillow last checked: 8 hours ago
Listing updated: October 29, 2025 at 11:32pm
Listed by:
Dusty Baker Group 01908615 / 02004391 805-570-0102,
Sotheby's International Realty
Source: SBMLS,MLS#: 25-2792
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Garage, Laundry Room
Features
- Flooring: Carpet, Hardwood, Tile
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 2,453
- Total interior livable area: 2,453 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Single Story
- Patio & porch: Deck, Patio Covered
- Exterior features: Lawn
- Fencing: Fenced,Partial
- Has view: Yes
- View description: Mountain(s), Setting
Lot
- Size: 1 Acres
- Features: Level, Near Public Transit
- Topography: Level
Details
- Additional structures: Other
- Parcel number: 011120054
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- Excellent
- Year built: 1930
Utilities & green energy
- Sewer: Sewer Hookup
- Water: Mont Wtr
Community & HOA
Location
- Region: Santa Barbara
Financial & listing details
- Price per square foot: $2,159/sqft
- Tax assessed value: $4,777,931
- Annual tax amount: $52,814
- Date on market: 7/22/2025
- Cumulative days on market: 146 days
- Listing terms: Cash,Ctnl
Estimated market value
$5,106,200
$4.85M - $5.36M
$6,203/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2025 | Price change | $5,295,000-3.6%$2,159/sqft |
Source: | ||
| 7/22/2025 | Listed for sale | $5,495,000+3.7%$2,240/sqft |
Source: | ||
| 11/4/2024 | Sold | $5,300,000-7.8%$2,161/sqft |
Source: | ||
| 10/21/2024 | Pending sale | $5,750,000$2,344/sqft |
Source: | ||
| 10/5/2024 | Price change | $5,750,000-4.1%$2,344/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $52,814 +102.4% | $4,777,931 +104% |
| 2024 | $26,088 +35.9% | $2,341,859 +39.5% |
| 2023 | $19,191 +1.3% | $1,678,294 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$33,176/mo
Principal & interest
$26602
Property taxes
$4721
Home insurance
$1853
Climate risks
Neighborhood: 93108
Nearby schools
GreatSchools rating
- 9/10Cold Spring Elementary SchoolGrades: K-6Distance: 0.9 mi
- NASanta Barbara Unified Early ChildhoodGrades: Distance: 2 mi
Schools provided by the listing agent
- Elementary: Cold Spring
- Middle: S.B. Jr.
- High: S.B. Sr.
Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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