700 Park Lane, MONTECITO, CA 93108
$22,700,000
Property Type:
Res
Bedrooms:
9
Baths:
11
Lot Size (sq. ft.):
224,770
Status:
Closed
Current Price:
$22,700,000
List Date:
11/11/2020
Last Modified:
3/21/2022
Description
Designed in 1923 by George Washington Smith with gardens by Lockwood de Forest, El Miraval presents an opportunity to own one of the rare collaborative projects by the coveted team, considered to be some of Montecito's most revered estates. The 5+ acre ocean view estate on 2 parcels encompasses a Spanish Revival main residence, 2-bd guest house, 1-bd garden cottage, and 3 room apartment above the detached 5-car garage. Amenities include a theater, wine cellar, tennis pavilion, pool terrace, putting green, & seemingly endless expanses of manicured lawns. Undeniable European elegance defines grand scale entertaining rooms with arched windows and doors connecting to a picturesque terrace, patio, loggia, or garden. Tenants in residence require 48 hours notice for showings.
More Information MLS# 20-4394
Location Info
District: 10 - MONTECITO
Street #: 700
Street Name: Park
Street Suffix: Lane
State/Province: CA
Postal Code: 93108
Compass Map: Santa Barbara
Map Grid: U11
County: Santa Barbara
Parcel Number: 007-100-015
Cross Street: East Valley Rd
Contract Info
Current Price: $22,700,000
Price: 27500000
Buyers Agent $/%: 2.5
Affordable Housing: No
Begin Date: 2020-11-10
Status: Closed
Status Information
Sold Date: 2021-03-09
Sold Price: $22,700,000
Under Contract Date: 2021-01-12
Property Information
TYP: Home/Estate
Total Bedrooms: 9
Total Bathrooms: 11
Total Full Baths: 8
Total Half Baths: 3
Year Built: 1923
Source: Other/See Remarks
Apx # Acres: 5.16
ADU: No
Within City Limits: No
Total #Units: 4
Recurring Fees: No
Neighborhood/Schools
Elementary School: Mont Union
Junior High School: S.B. Jr.
High School: S.B. Sr.
Remarks
COVID Showing Remarks: All showings by appointment with listing agent. CAR Mandatory Government Showing Requirements & Best Practices Guidelines & Prevention Plan (BPPP) must be followed. Prior to showing, electronically send to listing agent, CAR PEAD-V form signed by all visitors. Visitors to property must agree to the Posted Rules for Entry (PRE) included in the MLS supplements. Masks required.
Directions: East Valley Road to Park Lane.
Hot Sheet Comment: new
Geo Lat: 34.442716
Geo Lon: -119.615975
Owner Info
Deposit: 3
Property Features
Condition: Excellent
Style: Medit; Estate
Construction: Tri-Level; Two Story
Roof: Tile
Foundation: Mixed
Exterior: Stucco
Parking/Garage: Gar #5
Grounds/Landscaping: Pool; Pool House; Patio Open; Patio Covered; Hot Tub; Tennis Court(s); Lawn; Fruit Trees; Yard Irrigation PRT; Fenced: ALL
Other Buildings: Greenhouse
View: Ocean; Mountain(s); Setting; Panoramic
Location/Topo: Downslope
Rooms: Basement; Exercise Room; Family Room; Office; Theatre
Dining: Formal; In Kitchen
Laundry: Laundry Room
Amenities: Guest House; Guest Quarters; Pantry; Remodeled Bath; Remodeled Kitchen
Appliances Included: Dryer; Refrigerator; Rev Osmosis; Washer; Wtr Softener/Owned
Fireplace(s): Family Room; LR; Patio; Primary Bedroom
Flr/Wdw Coverings: Carpet; Carpet; Hardwood; Stone; Tile
Security: Fire Alarm; Smoke Detector(s)
Cooling: Central Air
Heating: Forced Air; Radiant; Radiant Floor
Water/Sewer: Mont Wtr; Pvt Well In; Sewer Hookup
Zoning: Other
Reports Available: Prelim
Terms: Cash; Ctnl
Documents
Listing Office: Village Properties
Last Updated: March - 21 - 2022
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