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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
•187d 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 · 0 active · 3 closed

1475 East Mountain Drive, Santa Barbara, CA 93108

Santa Barbara · Single Family Residence

$28.5M
Luxury Tier
Beds
5
Baths
9
Sqft
11,740
Lot
1.88 ac
Year
1992
$/Sqft
$2428
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 5.0% below the median closed sale of $29,995,000. Price per sqft ($2,428) is a 25% discount to closed comps ($3,220). Closed comps sold at 93% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 202 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $28.50M· $2,428/sqft
Total list price
Closed comps
vs closed median $30.00M
−$1.50M (−5.0%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1850 Jelinda DriveMontecito198904/15/2026588,84791,040$27.00M$25.50M$2,8820.9420257
465 Hot Springs RoadSanta Barbara191010/03/202591415,355172,933$37.50M$32.00M$2,0840.8537554
1465 Edgecliff LaneMontecito194306/11/2026776,38943,560$30.00M$30.00M$4,6951.003039
Total: 3 · Average7.09.710,197102,511$29.16M$29.16M$3,220.333—202.33333333333334
Median8,847$30.00M$30.00M

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.