502 Picacho Ln, Santa Barbara, CA 93108
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502 Picacho Ln Santa Barbara, CA 93108

$5,825,000 Sold Price as of 12/08/2022
  • 4 Beds
  • 4.5 Baths
  • 4,320 Sq.Ft.
Sold
$5,825,000 Sold Price as of 12/08/2022 Refinance Your Mortgage

Map preview of 502 Picacho Ln, Santa Barbara, CA 93108

Property Overview: 502 Picacho Ln Santa Barbara, CA has 4 bedrooms, 4.5 bathrooms, 4,320 living square feet and 43,560 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Currently leased through April 2023. Style, comfort, & location define this stunning villa, located in one of Montecito's most coveted neighborhoods on pristine Picacho Lane. Designer renovated, the chic oasis offers elevated interiors & wonderful indoor-outdoor living, w/ wide plank oak floors, numerous doors leading to the entertaining terraces, 4 bedrooms + office, 4.5 bathrooms, the spacious primary suite occupies the entire 2nd floor & offers marble bathroom w/ walk-in closets. Private, gated, & tall hedges surround the lush grounds, which enjoy a pool/spa, expert designed landscaping, sprawling lawns, outdoor FP, vegetable beds, chicken coop, dog run, & ample parking. MUS district & convenient to all the Upper Village shops & restaurants.

Listed by Marsha Kotlyar | BRE #01426886 | Berkshire Hathaway HomeServices California
Last checked: 8 minutes ago | Last updated: December 8th, 2022 | Source CRMLS | DOM: 153

Home details

Lot Sq. Ft
43,560
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
22156251
City
Santa Barbara
County
Santa Barbara
Time on Site
709 days

Property Details for 502 Picacho Ln

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Dining Room, Family Room, Patio
Room Information
  • Flooring: Wood
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Tile
  • Has Spa
  • Spa Features: In Ground
Exterior Features
  • Pool Features: In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Other
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: No Common Walls
  • Parcel Number: 011200005
  • Year Built Source: Other
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: First gate on the right on Picacho Lane when turning off East Valley Road.
View more facts & features

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Sale History for 502 Picacho Ln

Last sold for $5,825,000 on December 8th, 2022
  • December, 2022

  • Dec 8, 2022

    Date

    Sold

    CRMLS: 22156251

    $5,825,000

    Price

  • May 12, 2022

    Date

    Active

    CRMLS: 22156251

    $7,995,000

    Price

  • November, 2022

  • Nov 5, 2022

    Date

    Expired

    CRMLS: 22153243

    $35,000

    Price

  • May 4, 2022

    Date

    Active

    CRMLS: 22153243

    $45,000

    Price

  • Listing provided courtesy of CRMLS

    Fully furnished - Available beginning August. This extraordinary villa is a chic oasis tucked within one of Montecito's most coveted neighborhoods on the pristine Picacho Lane. Encompassing 4,144 sq. ft. and designer remodeled, the elevated interiors offer wonderful indoor-outdoor living with numerous French doors that lead to the entertaining terrace. 4 bedrooms + office, 4.5 bathrooms, the spacious primary suite occupies the second floor and offers a marble bathroom with dual sinks, soaking tub, and a walk-in closet. Fully gated on one sprawling acre, the tropical grounds enjoy a sun-soaked pool/spa, outdoor fireplace, vegetable gardens, lush lawns, a dog run, and ample parking. Within Montecito Union school district and convenient to the Upper Village, this is the perfect abode to unwind.

  • July, 2018

  • Jul 13, 2018

    Date

    Sold

    CRMLS: 18320624

    $4,000,000

    Price

  • Apr 27, 2018

    Date

    Price Change

    CRMLS: 18320624

    $4,250,000

    Price

  • Mar 8, 2018

    Date

    Active

    CRMLS: 18320624

    $4,450,000

    Price

  • Listing provided courtesy of CRMLS

    Located on one of Montecito's most prestigious streets, Picacho Lane, and offering numerous custom features, this remodeled Mediterranean-style home offers mountain views and features 4 bedrooms, 4.5 baths, a pool and in-pool spa, spacious gardens, and numerous terraces. Wide-plank wood floors and recessed lighting enhance the residence. The main level hosts a large living room with an open-beam ceiling, a fireplace, and multiple oversize arched French doors opening onto the rear terrace. The terrace provides a generous amount of seating area and is adjacent to the pool and in-pool spa. The fabulous kitchen features a large center island, high-end stainless appliances and granite counters. Three guest bedrooms with baths en suite, provide comfortable retreats in an otherwise open and airy floor plan. Upstairs, the very private master suite is a sanctuary of true luxury where high ceilings and picture windows take full advantage of the views.

  • July, 2018

  • Jul 11, 2018

    Date

    Sold (Public Records)

    Public Records

    $4,000,000

    Price

  • April, 2005

  • Apr 26, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 502 Picacho Ln

Assessed Value (2020): $4,080,000
Year Land Value Improved Value Assessed Value
2020 $2,040,000 $2,040,000 $4,080,000

Home Value Compared to the Market

This property vs the competition

502 Picacho Ln sold on December 8, 2022 for 195.8% higher than the current median sold price for the city of Santa Barbara which is $2,620,000. The median sold price per/sqft for Santa Barbara is $1,027 and this home is sold at $1793.98 per/sqft which puts the price per square foot 74.68% higher than the current median sale per square foot for the city of Santa Barbara.

About 502 Picacho Ln

Detailed summary of property

502 Picacho Ln is a single family home that recently sold in Santa Barbara, CA 93108. This house offered 4 bedrooms, 4.5 bathrooms, roughly 4,320 living square feet, and sits on an approximately 43,560 square foot lot. 502 Picacho Ln was first listed on ArdentRealEstateGroup.com on May 18, 2022. The homeowner sold the property for $5,825,000. Home in Santa Barbara are selling for a median price of $2,620,000 and a median price per square foot of $1,027. Based on Ardent Real Estate Group's Santa Barbara Market Data, this home is sold 195.8% higher than the current median priced home. Local homes that are currently for sale include 1181 Somera Rd, 14435 Mulholland Dr and 11721 Chenault St. While the average home in Santa Barbara, CA is selling in 66 days, 502 Picacho Ln has a days on market of 153 days. There are currently 45 homes for sale in the Santa Barbara real estate market and 39 of them are single family homes while 6 of them are condos and 0 are townhomes. For more information on this home for sale at 502 Picacho Ln Santa Barbara, CA 93108 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Barbara agents.

Public Facts for 502 Picacho Ln

Public county record property details
Beds
4
Baths
4
Year built
1947
Sq. Ft.
4,320
Lot Size
43,560
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Santa Barbara
Lot#
--
APN
011-200-005

The source for these homes facts are from public records.

93108 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,595,000
Median List Price/Sq.Ft.
$2,134
Median Sold Price
$8,200,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
32
Median Sale to List Price %
86.32%
Avg Days on Market
51
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 502 Picacho Ln

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.