Nestled in the heart of Montecito's coveted Golden Quadrangle, is this 3,825 sq ft main residence with 4 bedrooms, 4 baths, and a 4-car garage, along with a separate 1-bedroom, 1-bath guest house. Property is located on an exceptional 1.15-acre flat and fully usable lot presenting a rare opportunity to curate your private luxury estate in one of California's most prestigious enclaves. Both structures offer generous proportions and serve as the perfect canvas—whether you choose to reimagine the existing layout or design a new architectural masterpiece from the ground up, the possibilities are truly limitless. Set among mature landscaping, including stately palms, sculptural agave, and other established plantings. The expansive grounds offer a lush, serene backdrop ideal for indoor-outdoor living. There is ample space for a pool, gardens, and entertaining areas, all framed by the natural beauty of Montecito Peak. With its unbeatable location, privacy, and potential, 559 Hot Springs Road invites you to bring your dream estate to life. Just moments from Montecito's Upper and Lower Villages, world-class dining, shopping, and top-rated schools, this is a once-in-a-generation opportunity to own a piece of Montecito magic.
Single-familyProperty Type
1947Year Built
1.15 acresLot Size
$1,638Est. Price/Sq.Ft.
4 car garageParking
Listed by Urbany & Pepper• Berkshire Hathaway HomeServices California Properties
Listed by William Urbany•DRE #00717028• Berkshire Hathaway HomeServices California Properties
Bought with Alemann & Associates Alemann•DRE #01925020• Alemann and Associates
HOME SAVINGS REO PLEASE SUBMIT ALL OFFERS ON C.A.R. PURCHASE CONTRACT M-F BETWEEN 8:30-5:15 TO THE LOAN CONSULTANT ASSIGNED TO YOUR OFFICE.5 BR,4 BA HOME IN THE HEART OF MONTECITO.2 BR GUEST HOUSE.
Public Records
Jun 26, 1992
Sold
$850,000
$222/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,667 (+1.5%)
$3,570,000 + $1,530,000
$5,100,000
2024
$12,474 (+1.6%)
$722,359 + $278,737
$1,001,096
2023
$12,282 (+0.8%)
$708,196 + $273,272
$981,468
2022
$12,183 (+1.8%)
$694,310 + $267,914
$962,224
2021
$11,971 (+0.8%)
$680,697 + $262,661
$943,358
2020
$11,880 (+3.6%)
$667,350 + $257,511
$924,861
2019
$11,466 (+1.6%)
$660,508 + $254,871
$915,379
2018
$11,283 (+2.8%)
$647,557 + $249,874
$897,431
2017
$10,981 (+3.5%)
$622,412 + $240,172
$862,584
2016
$10,610 (+4.0%)
$622,412 + $240,172
$862,584
2015
$10,204 (+1.4%)
$610,208 + $235,463
$845,671
2014
$10,065 (+0.4%)
$589,270 + $227,384
$816,654
2013
$10,029 (+2.4%)
$589,270 + $227,384
$816,654
2012
$9,797 (+1.7%)
$586,607 + $226,357
$812,964
2011
$9,635 (+3.5%)
$575,105 + $221,919
$797,024
2009
$9,309 (+4.6%)
$559,616 + $215,942
$775,558
2008
$8,899
$549,948 + $212,212
$762,160
Tax history for 559 Hot Springs Rd
Year
Property tax
Land + Additions
Assessment*
2025
$12,667 (+1.5%)
$3,570,000 + $1,530,000
$5,100,000
2024
$12,474 (+1.6%)
$722,359 + $278,737
$1,001,096
2023
$12,282 (+0.8%)
$708,196 + $273,272
$981,468
2022
$12,183 (+1.8%)
$694,310 + $267,914
$962,224
2021
$11,971 (+0.8%)
$680,697 + $262,661
$943,358
2020
$11,880 (+3.6%)
$667,350 + $257,511
$924,861
2019
$11,466 (+1.6%)
$660,508 + $254,871
$915,379
2018
$11,283 (+2.8%)
$647,557 + $249,874
$897,431
2017
$10,981 (+3.5%)
$622,412 + $240,172
$862,584
2016
$10,610 (+4.0%)
$622,412 + $240,172
$862,584
2015
$10,204 (+1.4%)
$610,208 + $235,463
$845,671
2014
$10,065 (+0.4%)
$589,270 + $227,384
$816,654
2013
$10,029 (+2.4%)
$589,270 + $227,384
$816,654
2012
$9,797 (+1.7%)
$586,607 + $226,357
$812,964
2011
$9,635 (+3.5%)
$575,105 + $221,919
$797,024
2009
$9,309 (+4.6%)
$559,616 + $215,942
$775,558
2008
$8,899
$549,948 + $212,212
$762,160
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.