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1475 East Mountain Drive, Santa Barbara, CA 93108

$28.5M5bd · 9ba · 11,740 sqft
Lot 81,893 sqft•Single Family Residence•
Active
•165d on market•MLS# 00-26782121

Property Description

Epic views stretch across the horizon at this newly refreshed Montecito estate, where scale and effortless elegance align beautifully. Usable grounds and thoughtful design create a home that lives as easily as it presents, with nearly every room opening to expansive ocean views. The Spanish Colonial-inspired residence has been reimagined with a refined modern sensibility, featuring arched passageways, expansive verandas, and Venetian plaster interiors. The home offers four bedroom suites on one level, including a luxe primary suite, along with formal and casual living spaces anchored by a sunlit kitchen/great room. A guest apartment, gym, game room, and 1.88 acres with pool/spa, tennis court, and gardens complete this private Upper Village offering.

Features & Amenities

FeeBuilt 1992

Property Details

Land Type
Fee
Year Built
1992
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Forced Air
Cooling
Central Air
View
Mountain(s), Ocean
City
Santa Barbara
Zip Code
93108
County
Santa Barbara
Listed byBerkshire Hathaway HomeServices California Properties, Marsha Kotlyar

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$144,111.51
Principal & Interest
Loan Amount
$22,800,000
Total Interest
$29,080,143
Total Payment Over 30 Years
$51,880,143
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 3 active · 2 closed

1475 East Mountain Drive, Santa Barbara, CA 93108

Santa Barbara · Single Family Residence

$28.5M
Luxury Tier
Beds
5
Baths
7
Sqft
11,484
Lot
1.88 ac
Year
1992
$/Sqft
$2482
Pool: Yes✓~
Spa: Yes✓~
Golf: No?
View: Mountain(s), Ocean✓

Listed 20.6% above the median closed sale price of $23,625,000. At $2482/sqft, the subject is above the comp average of $2209/sqft. Comparable homes are selling at 87.1% of list price — buyers have negotiating leverage. Average days on market is 155 — expect a longer selling timeline in this segment. Luxury tier: fewer comparable sales are available, widening the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $28.50M· $2,482/sqft
Total list price
Closed comps
vs closed median $23.63M
+$4.88M (+20.6%)
Active comps
vs active median $30.00M
−$1.50M (−5.0%)
Price per sqft
Closed comps
vs closed avg $/sqft $2,209
+$273 (+12.4%)
Active comps
vs active avg $/sqft $2,978
−$496 (−16.7%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4160 La Ladera Road, Santa Barbara, CA 93110Santa Barbara20176812,64599,752$1,499$18.95M15252
1196 East Mountain Drive, Santa Barbara, CA 93108Santa Barbara200461110,851284,011$2,764$30.00M33943
4145 Creciente Drive, Santa Barbara, CA 93110Santa Barbara—71211,764164,657$4,671$54.95M34934
Total: 3 · Average6.310.311,753182,807$2,978$34.63M280
Median11,764$30.00M

Closed Properties (2)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
956 Mariposa Lane, Santa Barbara, CA 93108Santa Barbara200201/10/202561110,773108,464$35.00M$30.00M$2,7850.8613257
2925 Sycamore Canyon Road, Santa Barbara, CA 93108Santa Barbara192210/17/20257910,573146,362$19.50M$17.25M$1,6320.8917742
Total: 2 · Average6.510.010,673127,413$23.63M$23.63M$00.87155
Median10,673$23.63M$23.63M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.