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$28,000,000
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Property Description
Exemplifying the casual elegance of the Montecito lifestyle, this home has it all. Perfect for entertaining or as a private escape, this estate offers both sophisticated and meticulously appointed rooms, as well as the ability to live as a family home perfect for entertaining. Situated on 3.5 lushly landscaped acres (2 legal parcels with compound potential) and irrigated by private well, the home sits atop coveted Picacho Lane. Offering expansive ocean and mountain views from within the home as well as from patios, bedroom balconies and exterior entertaining areas. Designed with a versatile floorplan, the 5 bedroom main house and 2 bedroom + office/gym guest house were recently built with meticulous attention to detail, highest-quality finishes and well-designed spaces throughout. Incorporated into the design are 5-car garages accessed from 2 gated driveways, a separate home theater, lower level "bunk room", 2 laundry rooms, abundant storage options, separate mechanical room with easy access to all systems, temperature-controlled wine room with glass ceiling visible from main level den, gourmet kitchen with spacious butler's pantry offering additional appliances, dumbwaiter for easy transport up or down, and 2 outdoor dining BBQ areas. Additionally, there are floor to ceiling wood-and-glass pocket doors with pocket screens upstairs and down, opening up to the gorgeous sunrise-to-sunset views. The exterior offers a sports court (plenty of room to expand to full tennis court), bocce court, raised beds, organic orchards producing hundreds of pounds of fruit each year, children's play structures, rolling and flat lawns, and privacy in all directions.
Full Property Details
Full Property Details for 880 Picacho Ln
General
- Sold For: $28,000,000
- Status: Closed
- Type: Single Family
- Source: SBAOR
- MLS ID: 24-2020
- Added to Site: 213 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room, Primary Bedroom, Family Room, Gas, Patio
- Appliances: Refrigerator, Central Vacuum, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Intercom, Microwave, Washer
- Flooring: Hardwood, Marble
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Tennis Court(s), Pool, Patio Open, Patio Covered, SPA-Outside, Hot Tub, Lawn, Yard Irrigation T/O, Fenced: ALL
Parking
- Parking Features: Gar #6
Location
- Area: 10 - MONTECITO
- County: Santa Barbara
- Cross Streets: East Mountain Drive
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
- # Buildings: 2
- Architectural Style: Contemporary, Medit
- Construction: Stucco
- Exterior Const.: Stucco
- Roof: Tile
- Square Feet: 10,776
- Year Built: 2014
- Property Condition: Excellent
Lot Features
- Property View: Mountain(s), Coastline, Ocean
- Lot Size (Acres): 3.5
- Lot Size (Sq. Ft.): 152,460
- Lot Size: 3.5
- Zoning: R-1
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Reports: Prelim
- Property ID: 011-100-063
Listed by Sotheby's International Realty
Sold by Sotheby's International Realty
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Schools
Schools serving 880 Picacho Ln
| Name | Grades | Distance |
|---|---|---|
Montecito Union School 385 San Ysidro Rd., Santa Barbara, CA 93108 | K-6 | 1.1 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 880 Picacho Ln
Date
Details
Price
Change
Source
11/10/2025
Sold
$28,000,000
-19.89%
MLS
6/05/2025
Price Reduced
$34,950,000
-4.25%
MLS
7/25/2024
Listed
$36,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
880 Picacho Lane, Montecito, CA 93108 (MLS# 24-2020) is a Single Family property that was sold at $28,000,000 on November 10, 2025. Want to learn more about 880 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.

