Discover this quiet, serene retreat location in the much sought after Golden Quadrangle of Montecito. Tucked away down a private lane on over an acre, surrounded by palatial estates and impressive homes is a rare opportunity to develop a private and secluded family compound or easily remodel the existing Mid-Century home. Existing remodeled cozy guest cottage with designer finishes. The main house is ready to be reimagined! Features a 4,034± floorplan with generously proportioned spaces, unique entry atrium, glass walled living room, oversized kitchen, family room, office, 4 large bedrooms, 3 bathrooms and 4 car garage. Expansive lower level which could continue as a workroom or be utilized as an art studio, entertainment space, gym, wine cellar (860± square feet of additional space, not included in the 4,034±sf main level). All this is ready for your transformation! Relax on the sunny south facing decks and take in the backyard - a blank canvas ready for gardens, pool and outdoor activity spaces. Your friends and family will feel right at home in the detached guest cottage with high end finishes and private patio. Also ideal for a new owner to occupy while completing their dream estate. The property offers potential for ocean views from a second story and is a must see in person. Don't miss this opportunity to create your own magical compound in the heart of Montecito close to everything the Upper and Lower Villages has to offer!
Single-familyProperty Type
1978Year Built
1.08 acresLot Size
$1,359Est. Price/Sq.Ft.
4 car garageParking
Listed by • Compass
Listed by John Faulkner•DRE #01731394• Compass
Bought with Josiah Hamilton•DRE #01415235• Berkshire Hathaway HomeServices California Properties
Discover this quiet, serene retreat located in the much sought after Golden Quadrangle of Montecito. Tucked away down a private lane on over an acre, surrounded by palatial estates and impressive homes is a rare opportunity to develop a private secluded family compound or remodel the existing Mid-Century home with cozy designer finished guest cottage. The main house features over 4,000 square feet with in a generously proportioned floor plan. There is an existing entry atrium, glass walled living room, oversized kitchen area, family room, office, 4 large bedrooms and 3 bathrooms all on a single level. An expansive lower level offers a workshop that could be transformed into whatever your dreams come up with. Relax on the sunny South facing decks and take in your backyard-a blank canvas ready for gardens, a pool, and entertaining spaces.
SBMLS #23-1161
Apr 25, 2024
Sold
$4,600,000
$1,140/sq ft
Nov 30, 2023
Contingent
—
Sep 16, 2023
Price Changed
$4,799,000
$1,190/sq ft
May 1, 2023
Listed
$4,997,000
$1,239/sq ft
SBMLS #22-2456
Apr 30, 2023
Listing Removed
—
Jul 19, 2022
Listed
$4,850,000
$1,202/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$50,046 (+75.8%)
$4,161,600 + $624,240
$4,785,840
2024
$28,465 (+1.8%)
$4,080,000 + $612,000
$4,692,000
2023
$27,960 (+327.9%)
$2,084,691 + $516,307
$2,600,998
2022
$6,535 (+1.6%)
$2,043,815 + $506,184
$2,549,999
2021
$6,429 (+1.0%)
$85,419 + $379,997
$465,416
2020
$6,363 (+4.7%)
$83,745 + $372,547
$456,292
2019
$6,079 (+1.5%)
$82,887 + $368,727
$451,614
2018
$5,989 (+3.1%)
$81,262 + $361,498
$442,760
2017
$5,811 (+3.3%)
$78,107 + $347,461
$425,568
2016
$5,623 (+5.7%)
$78,107 + $347,461
$425,568
2015
$5,322 (+0.5%)
$76,576 + $340,649
$417,225
2014
$5,298 (+0.3%)
$73,949 + $328,961
$402,910
2013
$5,280 (+2.4%)
$73,949 + $328,961
$402,910
2012
$5,155 (+1.6%)
$73,615 + $327,475
$401,090
2011
$5,074 (+4.4%)
$72,172 + $321,054
$393,226
2009
$4,861 (+5.7%)
$70,229 + $312,407
$382,636
2008
$4,599
$69,016 + $307,010
$376,026
Tax history for 756 Hot Springs Rd
Year
Property tax
Land + Additions
Assessment*
2025
$50,046 (+75.8%)
$4,161,600 + $624,240
$4,785,840
2024
$28,465 (+1.8%)
$4,080,000 + $612,000
$4,692,000
2023
$27,960 (+327.9%)
$2,084,691 + $516,307
$2,600,998
2022
$6,535 (+1.6%)
$2,043,815 + $506,184
$2,549,999
2021
$6,429 (+1.0%)
$85,419 + $379,997
$465,416
2020
$6,363 (+4.7%)
$83,745 + $372,547
$456,292
2019
$6,079 (+1.5%)
$82,887 + $368,727
$451,614
2018
$5,989 (+3.1%)
$81,262 + $361,498
$442,760
2017
$5,811 (+3.3%)
$78,107 + $347,461
$425,568
2016
$5,623 (+5.7%)
$78,107 + $347,461
$425,568
2015
$5,322 (+0.5%)
$76,576 + $340,649
$417,225
2014
$5,298 (+0.3%)
$73,949 + $328,961
$402,910
2013
$5,280 (+2.4%)
$73,949 + $328,961
$402,910
2012
$5,155 (+1.6%)
$73,615 + $327,475
$401,090
2011
$5,074 (+4.4%)
$72,172 + $321,054
$393,226
2009
$4,861 (+5.7%)
$70,229 + $312,407
$382,636
2008
$4,599
$69,016 + $307,010
$376,026
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
1.08 Acres
Year renovated
1979
Sq. Ft.
3,953
Year built
1978
Style
Single Family Residential
County
Santa Barbara County
APN
011090039
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
Property details
Parking
Parking Information
# of Garage Spaces: 4
Parking Features: Gar #4, Interior Access, Attached, Other