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$4,495,000
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Property Description
Set at the end of a private lane in the center of Montecito, this south-facing property offers two separate homes on a full, usable acre. A single-level 3 Bed/2 Bath California ranch style main house anchors the property, accompanied by a detached, 1 Bed/1 Bath guest house that lends itself equally well to extended family, visiting friends or a private office. All south-facing rooms in the main house, including the primary suite, open to a generously sized deck - the perfect setting for entertaining. Measured at just over an acre, the land is surrounded by mature fruit trees and open lawns with views of the mountains rising to the north. Located in Cold Spring School District, 625 Parra Grande Lane is a wonderful opportunity to own a multi-structured compound on a private acre in between Montecito's coveted Upper and Lower Villages. Beaches, hiking trails, and the whole of Santa Barbara are just minutes away.
Full Property Details
Full Property Details for 625 Parra Grande Ln
General
- Price: $4,495,000
- Status: Active
- Type: Single Family
- Source: SBAOR
- MLS ID: 26-2831
- Updated: 8/27/2026
- Added to Site: 45 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Refrigerator, Dryer, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Lawn
Parking
- Parking Features: Garage
Location
- Area: 10 - MONTECITO
- County: Santa Barbara
- Cross Streets: East Valley Rd
- Driving Directions: From Highway 101, exit north onto Olive Mill, turn left on East Valley Road then right on Parra Grande Lane. The property will be on your left at the end of a shared driveway.
School Information
- Elementary School: Cold Spring
- Middle School: S.B. Jr.
- High School: S.B. Sr.
Utilities
- Sewer: Septic Tank
- Water: Mont Wtr
Structural Information
- Architectural Style: Ranch
- Construction: Wood Siding, Stucco
- Exterior Const.: Wood Siding, Stucco
- Foundation: Slab, Raised
- Roof: Composition
- Square Feet: 2,978
- Living Area: 1,715 Sq. Ft.
- Year Built: 1959
- Property Condition: Average
Additional Structures
- Other Structures: ADU (Accessory Dwelling Unit)
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 1.02
- Lot Size (Sq. Ft.): 44,431.2
- Lot Size: 1.02
- Zoning: E-1
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Reports: Prelim
- Property ID: 011-120-088
Listed by Sotheby's International Realty
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Schools
Schools serving 625 Parra Grande Ln
School District:Cold Spring Elementary School District
| Name | Grades | Distance |
|---|---|---|
Cold Spring Elementary School 2243 Sycamore Canyon Road, Santa Barbara, CA 93108 | K-6 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 625 Parra Grande Ln
Date
Details
Price
Change
Source
8/24/2026
Listed
$4,495,000
21.49%
MLS
4/05/2023
Sold
$3,700,000
—
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 625 Parra Grande Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$40,224
—
$3,738,534
-3%
2025
$40,224
2%
$3,849,480
2%
2024
$39,492
1447%
$3,774,000
1546%
2023
$2,553
-1%
$229,310
2%
2022
$2,584
2%
$224,814
2%
2021
$2,530
—
$220,406
1%
2020
$2,520
11%
$218,147
2%
2019
$2,262
2%
$213,871
2%
2018
$2,217
2%
$209,679
2%
2017
$2,179
1%
$205,569
2%
2016
$2,159
1%
$201,539
2%
2015
$2,135
2%
$198,513
2%
2014
$2,101
—
$194,626
—
2013
$2,091
—
$193,748
—
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 625 Parra Grande Ln
625 Parra Grande Lane, Montecito, CA 93108 (MLS# 26-2831) is a Single Family property with 4 bedrooms and 3 full bathrooms. 625 Parra Grande Lane is currently listed for $4,495,000 and was received on August 25, 2026. Want to learn more about 625 Parra Grande 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.

