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Montecito 93108
789 Park Lane
Listed by: Lisa Sorrentino, Rodeo Realty
$6,000,000
● House - Off Market

789 Park Lane

Montecito, CA 93108
bedrooms
6 Beds
bathrooms
6 Baths
$29,437
Est. Monthly

About This Property

Located on an original site of the streets namesake Dr. Charles Caldwell Park originally built in 1928, a rare opportunity awaits to purchase 789 Park Lane, Montecito, 93108. An extraordinary opportunity where the meeting of prestigious and coveted Park Lane and East Mountain Drive. As you turn this site into this surreal slice of heaven. Listen to the birds chirp and pass by horses in the distance meandering in the large pasture across the roadway. This property upon completion will feel as though you live in your own 2 acre park with mature oaks, privacy hedges, olive grove and sustainable gardens. Designed by the renowned architect Britt Jewett AIA this brand new Spanish Revival Colonial 5BR, 5BA main house PLUS media room, study, gym, wraparound outdoor verandas, terraces, casita and roof deck with Ocean Views is a masterpiece in the making. Additional amenities; the swimmers pool, fountains, 7-car garage and guest house. Located within the most sought after Montecito Union School District. OFFERS DEADLINE FRIDAY MARCH 14 5PM.
Unit Size
-
Days on Market
26 days
Land Size
1.65 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928

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Last updated: 2 years ago (CRMLS #25507964)

Price History

Date / Event Date Event Price
Apr 4, 2025 Sold
Sold
Mar 9, 2025 Listed by Rodeo Realty $5,995,000
Listed by Rodeo Realty
Oct 6, 2021 No longer available -
No longer available
May 9, 2021 In contract -
In contract
Mar 21, 2021 Relisted $5,250,000
Relisted
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Property Highlights

Air Conditioning
Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,874
  • Total Building Area: 6,409
  • Building Area: 6,409
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 6,409
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN B REYNOLDS PROP
  • Land Acres: 0000001650
  • Standard Land Use Code: 1000
  • County Land Use Code: 0150

Neighborhood

  • School District Name: Montecito Union Elementary School District
  • Census Tract: 001500

Zoning

  • Zoning: 2E1

Geography

  • Assessors Map Reference: 37-A6
  • Parcel: 007-090-034
  • Municipality: MONTECITO COUNTY
  • Latitude: 34.4446
  • Longitude: -119.619

    Address

  • Full Address: 789 Park Ln
  • Address - House Number: 789
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Santa Barbara
  • Carrier Code: C041
  • 4-Digit Zip Code: 1417
  • Zip Code: 93108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,751,432
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 78-012

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 6,213,224
  • High Value: 7,331,574
  • Low Value: 5,094,874

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,210,220
  • Assessed Land Value: $3,537,360
  • Assessed Improvements Value: $1,672,860

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2021-0045871
  • Previous Sale Recording Date: Jun 30, 2004
  • Previous Sale Contract Date: Jun 05, 2004
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Montecito


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Frequently Asked Questions

When was property at 789 Park Lane built and last sold?
The property at 789 Park Lane was built in 1928 and last sold on May 26, 2021 for $5,250,000.
How much is this home worth?
The estimated value of the home located at 789 Park Lane is $6,054,950.
What are some comparable homes to 789 Park Lane?
There are currently no comparable homes to 789 Park Lane.