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$8,295,000 Just Listed
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Property Description
Perfectly positioned on coveted Butterfly Lane just moments from Coast Village Road and Butterfly Beach, this beautifully remodeled Montecito retreat captures the essence of relaxed coastal living. The main residence offers 4 bedrooms and 4.5 baths in a light-filled, open layout designed for effortless indoor-outdoor flow. Vaulted ceilings, wide-plank floors, and refined finishes create a warm, modern aesthetic throughout. The spacious primary suite features dual walk-in closets and a spa-inspired bath with soaking tub and walk-in shower. A generous media/game room with built-in bar adds flexible living space ideal for entertaining. The chef's kitchen, complete with marble countertops, custom cabinetry, and premium appliances, opens seamlessly to the outdoor entertaining areas. Bi-fold doors lead to a private, low-maintenance backyard oasis with lush yet easy-care landscaping, built-in BBQ kitchen, dining terrace, fire feature, and multiple lounging spaces--perfect for year-round gatherings. A detached 2-bedroom, 1-bath guest cottage with its own parking provides a private retreat for visitors, extended family, or additional work-from-home flexibility. Set behind mature greenery for exceptional privacy, yet just a block from Montecito's most desirable destinations, this turnkey property offers the ideal blend of sophistication, comfort, and location. Located within the highly sought-after Montecito Union School District.
Full Property Details
Full Property Details for 145 Butterfly Ln
General
- Price: $8,295,000
- Status: Active
- Type: Single Family
- Source: SBAOR
- MLS ID: 26-657
- Updated: Today (3/2/2026)
- Added to Site: Today
Interior
- Interior Features: Cathedral Ceiling(s), Smart Thermostat
- Fireplace: Yes
- Fireplace(s): Living Room, Primary Bedroom, Patio
- Appliances: Gas Range, Gas Stove, Water Softener (Owned)
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Laundry Room
Additional Information
- Security/Safety: Fire Sprinkler System, Smoke Detector
Exterior
- Exterior Features: Lawn
Parking
- Attached garage: Yes
- Parking Features: Garage, Inside Entrance, Attached
- Garage Description: Attached
Location
- Area: 10 - MONTECITO
- County: Santa Barbara
- Cross Streets: Coast Village Rd
School Information
- Elementary School: Mont Union
- Middle School: S.B. Jr.
- High School: S.B. Sr.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Water: Mont Wtr
Structural Information
- # Buildings: 2
- Architectural Style: Traditional, Craftsman
- Foundation: Mixed
- Roof: Composition
- Square Feet: 4,997
- Living Area: 4,105 Sq. Ft.
- Year Built: 1920
- Property Condition: Updated/Remodeled, Excellent
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632.4
- Lot Size: .29
- Zoning: R-1
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 009-221-001
Listed by The Agency
Get Pre-Approved Today
Schools
Schools serving 145 Butterfly Ln
School District:Montecito Union Elementary School District
| Name | Grades | Distance |
|---|---|---|
Montecito Union School 385 San Ysidro Rd., Santa Barbara, CA 93108 | K-6 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 145 Butterfly Ln
Date
Details
Price
Change
Source
3/02/2026
Listed
$8,295,000
21.09%
MLS
4/04/2025
Sold
$6,850,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 145 Butterfly Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$42,991
15%
$3,876,000
13%
2024
$37,517
2%
$3,417,204
2%
2023
$36,854
2%
$3,350,201
2%
2022
$36,238
2%
$3,284,511
2%
2021
$35,512
1%
$3,220,110
1%
2020
$35,178
2%
$3,187,093
2%
2019
$34,477
2%
$3,124,602
2%
2018
$33,844
2%
$3,063,336
2%
2017
$33,160
3%
$3,003,271
2%
2016
$32,123
2%
$2,944,385
2%
2015
$31,440
2%
$2,900,159
2%
2014
$30,957
—
$2,843,349
—
2013
$30,829
—
$2,830,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 145 Butterfly Ln
145 Butterfly Lane, Montecito, CA 93108 (MLS# 26-657) is a Single Family property with 6 bedrooms, 5 full bathrooms and 1 partial bathroom. 145 Butterfly Lane is currently listed for $8,295,000 and was received on March 02, 2026. Want to learn more about 145 Butterfly Lane? Do you have questions about finding other Single Family real estate for sale in Montecito? You can browse all Montecito real estate or contact a Coldwell Banker agent to request more information.

