Gated entry leads into this charming four bedroom/three bathroom Montecito Spanish Cottage. Located close to the Lower Village and Butterfly Beach, this 0.38 acre private lot has lush gardens with lawns and fruit trees. The home is well designed for indoor/outdoor living through sets of french doors that open to a large entertainment area including a flagstone patio and built-in gas BBQ. The property has a detached single car garage, storage room and guest studio (4th bedroom) with full bathroom.
Single-familyProperty Type
1950Year Built
0.38 acresLot Size
$2,080Est. Price/Sq.Ft.
1 car garageParking
Listed by Bruce Emmens•DRE #01931978• Coldwell Banker Realty
Bought with Raymond Sullivan•DRE #01429800• Coldwell Banker Realty
Source:SBMLS #18-397
Redfin Estimate
$3,744,299
$1.9M since sold in September 2018$20K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 28.5% lower than the average sale price ($5.23M) of 5 comparable homes.
Gated entry leads into this charming four bedroom/three bathroom Montecito Spanish Cottage. Located close to the Lower Village and Butterfly Beach, this 0.38 acre private lot has lush gardens with lawns and fruit trees. The home is well designed for indoor/outdoor living through sets of french doors that open to a large entertainment area including a flagstone patio and built-in gas BBQ. The property has a detached single car garage, storage room and guest studio (4th bedroom) with full bathroom.
SBMLS #95-2767
Sep 28, 2016
Listing Removed
—
Aug 14, 1995
Listed
$565,000
$314/sq ft
Public Records
May 13, 2014
Sold
$1,715,000
$953/sq ft
SBMLS #14-671
May 13, 2014
Listing Removed
—
May 13, 2014
Sold
$1,715,000
$953/sq ft
Apr 11, 2014
Contingent
—
Mar 25, 2014
Price Changed
$1,729,000
$961/sq ft
Mar 4, 2014
Listed
$1,795,000
$997/sq ft
SBMLS #11-2322
Jun 27, 2011
Listed
$1,449,000
$805/sq ft
SBMLS #11-2312
Jun 27, 2011
Listed
$1,599,000
$888/sq ft
SBMLS #01-3438
May 1, 2002
Sold
$1,269,000
$705/sq ft
Apr 10, 2002
Listing Removed
—
Nov 20, 2001
Listed
$1,299,000
$722/sq ft
SBMLS #01-1261
May 12, 2001
Listing Removed
—
Apr 30, 2001
Listed
$1,080,000
$600/sq ft
SBMLS #00-2275
Jan 29, 2001
Listing Removed
—
Aug 9, 2000
Listed
$1,185,000
$658/sq ft
Public Records
Feb 16, 1989
Sold
$480,000
$267/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$22,778 (+1.8%)
$1,479,175 + $617,837
$2,097,012
2024
$22,383 (+1.8%)
$1,450,172 + $605,723
$2,055,895
2023
$21,991 (+1.6%)
$1,421,738 + $593,847
$2,015,585
2022
$21,642 (+2.0%)
$1,393,861 + $582,203
$1,976,064
2021
$21,213 (+0.9%)
$1,366,531 + $570,788
$1,937,319
2020
$21,015 (+2.2%)
$1,339,737 + $559,597
$1,899,334
2019
$20,561 (−0.2%)
$1,326,000 + $553,860
$1,879,860
2018
$20,609 (+2.1%)
$1,300,000 + $543,000
$1,843,000
2017
$20,184 (+3.2%)
$1,388,961 + $422,497
$1,811,458
2016
$19,564 (+2.3%)
$1,388,961 + $422,497
$1,811,458
2015
$19,128 (+80.0%)
$1,361,727 + $414,213
$1,775,940
2014
$10,624 (+0.4%)
$570,736 + $353,128
$923,864
2013
$10,583 (+1.8%)
$570,736 + $353,128
$923,864
2012
$10,395 (+2.5%)
$568,157 + $351,533
$919,690
2011
$10,140 (+2.4%)
$557,017 + $344,641
$901,658
2009
$9,899 (+3.8%)
$542,015 + $335,359
$877,374
2008
$9,538
$532,650 + $329,565
$862,215
Tax history for 232 Hot Springs Rd
Year
Property tax
Land + Additions
Assessment*
2025
$22,778 (+1.8%)
$1,479,175 + $617,837
$2,097,012
2024
$22,383 (+1.8%)
$1,450,172 + $605,723
$2,055,895
2023
$21,991 (+1.6%)
$1,421,738 + $593,847
$2,015,585
2022
$21,642 (+2.0%)
$1,393,861 + $582,203
$1,976,064
2021
$21,213 (+0.9%)
$1,366,531 + $570,788
$1,937,319
2020
$21,015 (+2.2%)
$1,339,737 + $559,597
$1,899,334
2019
$20,561 (−0.2%)
$1,326,000 + $553,860
$1,879,860
2018
$20,609 (+2.1%)
$1,300,000 + $543,000
$1,843,000
2017
$20,184 (+3.2%)
$1,388,961 + $422,497
$1,811,458
2016
$19,564 (+2.3%)
$1,388,961 + $422,497
$1,811,458
2015
$19,128 (+80.0%)
$1,361,727 + $414,213
$1,775,940
2014
$10,624 (+0.4%)
$570,736 + $353,128
$923,864
2013
$10,583 (+1.8%)
$570,736 + $353,128
$923,864
2012
$10,395 (+2.5%)
$568,157 + $351,533
$919,690
2011
$10,140 (+2.4%)
$557,017 + $344,641
$901,658
2009
$9,899 (+3.8%)
$542,015 + $335,359
$877,374
2008
$9,538
$532,650 + $329,565
$862,215
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 6
Exterior
Exterior Information
Building Style Type: Ranch
Property Information
Subdivision Name: MONTECITO LAND CO
Building Sq. Ft: 1,612
# of Stories: 1
Legal Description: MONTECITO LAND CO LOT 28 BLK 23
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Carport
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 16,553
Legal Lot Number: 28
Legal Block Number: 23
Municipality Name: MONTECITO COUNTY
Acres: 0.38
Zoning Code: 2-E-1
County Use Description: SINGLE FAMILY RESIDENCE
Financial
Assessor Information
Assessment Year: 2026
Tax Area: MONTECITO COUNTY
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 1,800
Stories: 1.0
Parking Spaces: 1
Basement: No
Accessible: No
Lot Size: 0.38 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1950
County: Santa Barbara County
APN: 009103002
HOA Dues: —
Garage: Yes
Features: Views
Home facts updated by owner on Feb 11, 2020
Around this home
Schools
Montecito Union School
Public K-6 • Assigned • 0.9mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 84° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
13 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Santa Barbara, CA • 93108
Average low and high temperatures (°F)
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59
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62
72
58
67
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67
52
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Feb
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May
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Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.8 hours in December, placing it above the
U.S. average for solar exposure.
9.9 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$3.59M – $4.34M
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