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$60,000,000
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Property 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.
Full Property Details
Full Property Details for 700 Picacho Ln
General
- Sold For: $60,000,000
- Status: Closed
- Type: Single Family
- Source: SBAOR
- MLS ID: 25-2593
- Added to Site: 227 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room, Primary Bedroom, Family Room, Dining Room, Other, Gas, Patio
- Appliances: Refrigerator, Built-In Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Reverse Osmosis, Washer
- Flooring: Carpet, Hardwood, Marble, Stone
Rooms
Bathrooms
- Total Bathrooms: 14
- Full Bathrooms: 10
- Half Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: Gas Hookup, Laundry Room
Additional Information
- Security/Safety: Fire Alarm, Smoke Detector
Exterior
- Exterior Features: Tennis Court(s), Pool, Pool House, Patio Open, Patio Covered, SPA-Outside, Sauna, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
Parking
- Attached garage: Yes
- Parking Features: Gar #3, Gar #4, Attached, Detached
- Garage Description: Attached
Location
- Area: 10 - MONTECITO
- County: Santa Barbara
- Cross Streets: E Mountain Drive
- Driving Directions: San Ysidro Road to E Valley Road to Picacho Lane.
School Information
- Elementary School: Mont Union
- Middle School: S.B. Jr.
- High School: S.B. Sr.
Community
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Sewer: Sewer Hookup
- Water: Private, Mont Wtr
Structural Information
- Architectural Style: Estate
- Construction: Wood Siding
- Exterior Const.: Wood Siding
- Foundation: Mixed
- Roof: Slate
- Square Feet: 13,362
- Living Area: 13,362 Sq. Ft.
- Year Built: 2009
- Property Condition: Excellent
Additional Structures
- Other Structures: Other
Lot Features
- Property View: Mountain(s), Islands, Coastline, Ocean, Panoramic
- Lot Size (Acres): 3.41
- Lot Size (Sq. Ft.): 148,539.6
- Lot Size: 3.41
- Lot Features: Level
- Zoning: R-3
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 011-140-024
Listed by Village Properties
Sold by Village Properties
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Schools
Schools serving 700 Picacho Ln
| Name | Grades | Distance |
|---|---|---|
Montecito Union School 385 San Ysidro Rd., Santa Barbara, CA 93108 | K-6 | 0.8 mi |
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 3.2 mi |
Santa Barbara Senior High School 700 East Anapamu Street, Santa Barbara, CA 93103 | 9-12 | 3.5 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 700 Picacho Ln
Date
Details
Price
Change
Source
10/07/2025
Sold
$60,000,000
-7.69%
MLS
7/07/2025
Listed
$65,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
700 Picacho Lane, Montecito, CA 93108 (MLS# 25-2593) is a Single Family property that was sold at $60,000,000 on October 07, 2025. Want to learn more about 700 Picacho 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.

