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700 Picacho Lane, MONTECITO, CA 93108

$60,000,000
Property Type: Res Bedrooms: 9 Baths: 14 Square Footage: 13,362 Lot Size (sq. ft.): 148,540 Status: Closed
Current Price: $60,000,000 List Date: 7/07/2025 Last Modified: 10/08/2025

Description

700 Picacho Lane presents a rare and irreplaceable opportunity, ideally situated on Montecito's most coveted street, yet set discreetly down a long private drive, offering both privacy and prestige. The expansive, flat acreage unfolds into a sprawling entertainment lawn seamlessly connected to the main residence, all framed by breathtaking 360degree ocean/mtn views. Meticulously renovated and designed by the acclaimed Clements Design, the home is the epitome of turn-key luxury. Every amenity today's discerning buyer desires is thoughtfully incorporated: two guest houses, a state-of-the-art gym and wellness area, tennis court, home theater, grand primary suite, five generous guest rooms, catering kitchen, vegetable gardens for the home chef, koi pond, chicken coop the list is endless.

More Information MLS# 25-2593

Location Info

Country: US Compass Map: Santa Barbara Map Grid: S11 Cross Street: E Mountain Drive District: 10 - MONTECITO Street #: 700 Street Name: Picacho Street Suffix: Lane State: CA Postal Code: 93108 County: Santa Barbara Parcel Number: 011-140-024

Contract Info

Affordable Housing: No Current Price: $60,000,000 Price: 65000000 Begin Date: 2025-07-07 Status: Closed

Property Information

Year Built: 2009 Apx # Acres: 3.41 Total #Units: 0 Main House SqFt: 13362 Source: Other/See Remarks Recurring Fees: No ADU: No Within City Limits: No TYP: Home/Estate Total Bedrooms: 9 Total Bathrooms: 14 Total Full Baths: 10 Total Half Baths: 4

Neighborhood/Schools

Elementary School: Mont Union Junior High School: S.B. Jr. High School: S.B. Sr.

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new Directions: San Ysidro Road to E Valley Road to Picacho Lane. Geo Lat: 34.44289 Geo Lon: -119.635822

Condition

Excellent: 1

Style

Estate: 1

Construction

Two Story: 1

Roof

Slate: 1

Foundation

Mixed: 1

Exterior

Wood Siding: 1

Parking/Garage

Gar #3: 1 Attached: 1 Gar #4: 1 Detached: 1

Pool Features

Pool: 1

Grounds/Landscaping

Yard Irrigation T/O: 1 SPA-Outside: 1 Sauna: 1 Tennis Court(s): 1 Built-in BBQ: 1 Lawn: 1 Fruit Trees: 1

Other Buildings

Pool House: 1 Other: 1

Patio and Porch Features

Patio Open: 1 Covered: 1

Location/Topo

Level: 1

Fencing

Fenced: ALL: 1

View

Ocean: 1 Mountain(s): 1 Panoramic: 1 Coastline: 1 Islands: 1

Proximity

Near Ocean: 1 Near School(s): 1 Restaurants: 1

Rooms

Basement: 1 Den: 1 Exercise Room: 1 Family Room: 1 Game Room: 1 Great Room: 1 Ground Floor Bedroom: 1 Lbry/Study: 1 Media Room: 1 Office: 1 Primary Bedroom: 1 Theatre: 1

Dining

Breakfast Area: 1 Formal: 1 In Kitchen: 1

Laundry

Laundry Room: 1 Gas Hookup: 1

Amenities

Dual Pane Window: 1 Gas/Electric/Diesel Generator: 1 Guest House: 1 Guest Quarters: 1 Pantry: 1 Remodeled Bath: 1 Remodeled Kitchen: 1 Skylight: 1 Sound System: 1 Wet Bar: 1

Appliances Included

Built-In Gas Range: 1 Dishwasher: 1 Disposal: 1 Double Oven: 1 Dryer: 1 Refrigerator: 1 Rev Osmosis: 1 Washer: 1

Fireplace(s)

2+: 1 Dining Room: 1 Family Room: 1 Gas Supply: 1 LR: 1 Other: 1 Patio: 1 Primary Bedroom: 1

Security

Fire Alarm: 1 Smoke Detector(s): 1

Water/Sewer

Mont Wtr: 1 Pvt Well In: 1 Sewer Hookup: 1

Pets

Yes: 1

Zoning

R-3: 1

Terms

Cash: 1 Conventional: 1

Cooling

Central Air: 1

Heating

Forced Air: 1

Flr/Wdw Coverings

Carpet: 1 Hardwood: 1 Stone: 1 Marble: 1

Pub Listing Details

Standard: 1

Status Information

Sold Date: 2025-10-07 Sold Price: $60,000,000 Under Contract Date: 2025-09-26

Property Features

Condition: Excellent Style: Estate Construction: Two Story Roof: Slate Foundation: Mixed Exterior: Wood Siding Fencing: Fenced: ALL Patio and Porch Features: Covered; Patio Open Other Buildings: Pool House; Other View: Ocean; Mountain(s); Panoramic; Coastline; Islands Proximity: Near Ocean; Near School(s); Restaurants Rooms: Basement; Den; Exercise Room; Family Room; Game Room; Great Room; Ground Floor Bedroom; Lbry/Study; Media Room; Office; Primary Bedroom; Theatre Dining: Breakfast Area; Formal; In Kitchen Laundry: Gas Hookup; Laundry Room Amenities: Dual Pane Window; Gas/Electric/Diesel Generator; Guest House; Guest Quarters; Pantry; Remodeled Bath; Remodeled Kitchen; Skylight; Sound System; Wet Bar Appliances Included: Built-In Gas Range; Dishwasher; Disposal; Double Oven; Dryer; Refrigerator; Rev Osmosis; Washer Fireplace(s): 2+; Dining Room; Family Room; Gas Supply; LR; Other; Patio; Primary Bedroom Security: Fire Alarm; Smoke Detector(s) Cooling: Central Air Heating: Forced Air Pets: Yes Pool Features: Pool Zoning: R-3 Terms: Cash; Conventional Pub Listing Details: Standard
Listing Office: Village Properties
IDX
Last Updated: October - 08 - 2025
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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