OFF MARKET

Off Market Aug 2022 for $36M

$38,899,026

Est. refi paymentEst. refi $232,396/mo

•

6 ba

•

11,947

sq ft

848 Hot Springs Rd, Santa Barbara, CA 93108

About this home

Pushing the boundaries of high style & luxury living to new heights, this singular estate is unmatched for vision, flair & architectural detail. Villa Tragara was conceived w passion & executed w precision. Commanding an idyllic 2.45 acres in one of Montecito's best locations, this estate is the definition of one-of-a-kind excellence. Every space has been designed & executed w emotion & intention delivering an experience unmatched in residential design. Inviting joy, reflection, solitude & inspiration, the interiors are filled with creativity. Outside, gardens overflow w exotic plants & lush lawns leading past a babbling stream into a swimming pond, overlooking a bocce court, pickle-ball court, fire-pit, lush lawns & olive orchard all inviting you to live, entertain, relax and enjoy.

Single-familyProperty Type

2014Year Built

2.45 acresLot Size

$3,256Est. Price/Sq.Ft.

Listed by Nancy Kogevinas •DRE #01209514 • Berkshire Hathaway HomeServices California Propert

•805-895-7706 (agent)

•Team@kogevinas.com (agent)

Bought with Robert Riskin •DRE #01954177

Source:TheMLS #21-718658

Redfin Estimate

$38,899,026

$2.9M since sold in August 2022$418K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 176.5% higher than the average sale price ($14.07M) of 6 comparable homes.

SOLD MAY 19, 2026
$14,200,000
A
3 beds5.5 baths5,158 sq ft
789 Rockbridge Rd, Santa Barbara, CA 93108
SOLD APR 7, 2026
$17,850,000
B
4 beds5 baths6,922 sq ft
1333 E Mountain Dr, Santa Barbara, CA 93108
SOLD AUG 25, 2026
$10,300,000
C
4 beds4.5 baths5,180 sq ft
818 San Ysidro Ln, Santa Barbara, CA 93108
SOLD NOV 10, 2025
$28,000,000
D
5 beds6 baths10,776 sq ft
880 Picacho Ln, Santa Barbara, CA 93108
SOLD JAN 13, 2026
$8,463,668
E
3 beds3.5 baths4,311 sq ft
796 Hot Springs Rd, Santa Barbara, CA 93108
SOLD JUL 7, 2026
$5,600,000
F
3 beds4 baths3,689 sq ft
937 Arcady Rd, Santa Barbara, CA 93108

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Earn from this home

Sell

$10,190,532

Est. take-home

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Refinance

Est. cash available

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Rent

$11,602/mo

Redfin rental estimate

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Market trends in 93108, CA

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

97.8%

+1.7% MoM

Median sale price

$5.6M

$1K MoM

Avg. days on market

46d

2 days MoM

Recently sold homes

5 MoM

New listings for sale

$8,650,000
4 beds5.5 baths3,883 sq ft
275 Butterfly Ln, Santa Barbara, CA 93108
$3,295,000
2 beds2 baths1,474 sq ft
652 Tabor Ln, Santa Barbara, CA 93108
$14,750,000
4 beds4.5 baths4,313 sq ft
568 Toro Cyn, Santa Barbara, CA 93108
$11,695,000
4 beds5.5 baths5,592 sq ft
285 Olive Mill Rd, Santa Barbara, CA 93108
$11,750,000
5 beds5.5 baths4,998 sq ft
204 Olive Mill Rd, Santa Barbara, CA 93108
$4,495,000
4 beds3 baths2,978 sq ft
625 Parra Grande Ln, Santa Barbara, CA 93108
See all

Provided by Redfin

Sale history for 848 Hot Springs Rd

Date

Event

Price

SBMLS #22-2967

Sep 1, 2022

Listed

$36,000,000

$3,013/sq ft

Public Records

Aug 25, 2022

Sold

$36,000,000

$3,013/sq ft

SBMLS #22-97

Feb 23, 2022

Sold

$20,950,000

$1,754/sq ft

Jan 31, 2022

Pending

—

Jan 13, 2022

Listed

$21,500,000

$1,800/sq ft

TheMLS #21-718658

Feb 24, 2022

Sold

$20,950,000

$1,754/sq ft

Jan 31, 2022

Pending

—

Jan 20, 2022

Relisted

—

Jun 1, 2021

Relisted

—

May 12, 2021

Pending

—

Apr 14, 2021

Listed

$24,850,000

$2,080/sq ft

+21

SBMLS #21-1323

Nov 3, 2021

Listing Removed

—

Oct 19, 2021

Price Changed

$19,995,000

$1,674/sq ft

May 30, 2021

Relisted

—

May 6, 2021

Contingent

—

Apr 13, 2021

Listed

$24,850,000

$2,080/sq ft

SBMLS #20-1529

Mar 22, 2021

Listing Removed

—

May 1, 2020

Listed

$29,000,000

$2,427/sq ft

SBMLS #19-3602

Apr 22, 2020

Listing Removed

—

Oct 18, 2019

Listed

$29,000,000

$2,427/sq ft

Public Records

Sep 10, 2010

Sold

$5,800,000

$485/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$388,361 (+1.9%)

$9,550,872 + $28,652,616

$38,203,488

2024

$381,188 (+1.9%)

$9,363,600 + $28,090,800

$37,454,400

2023

$374,073 (+127.9%)

$9,180,000 + $27,540,000

$36,720,000

2022

$164,154 (+2.1%)

$9,000,000 + $27,000,000

$36,000,000

2021

$160,712 (+1.0%)

$5,546,024 + $10,079,520

$15,625,544

2020

$159,123 (+2.3%)

$5,437,279 + $9,881,883

$15,319,162

2019

$155,584 (+2.0%)

$5,381,527 + $9,780,557

$15,162,084

2018

$152,576 (+1.8%)

$5,276,007 + $9,588,782

$14,864,789

2017

$149,877 (+4.9%)

$5,071,134 + $9,216,439

$14,287,573

2016

$142,903 (+1.9%)

$5,071,134 + $9,216,439

$14,287,573

2015

$140,208 (+53.5%)

$4,590,000 + $9,180,000

$13,770,000

2014

$91,322 (+28.5%)

$4,803,055 + $3,900,000

$8,703,055

2013

$71,055 (+15.0%)

$4,803,055 + $3,900,000

$8,703,055

2012

$61,779 (+2.0%)

$4,781,800 + $2,000,000

$6,781,800

2011

$60,578 (+41.1%)

$4,590,000 + $1,326,000

$5,916,000

2009

$42,928 (+2.4%)

$1,190,470 + $2,895,187

$4,085,657

2008

$41,927

$1,169,901 + $2,845,162

$4,015,063

Tax history for 848 Hot Springs Rd

Year

Property tax

Land + Additions

Assessment*

2025

$388,361 (+1.9%)

$9,550,872 + $28,652,616

$38,203,488

2024

$381,188 (+1.9%)

$9,363,600 + $28,090,800

$37,454,400

2023

$374,073 (+127.9%)

$9,180,000 + $27,540,000

$36,720,000

2022

$164,154 (+2.1%)

$9,000,000 + $27,000,000

$36,000,000

2021

$160,712 (+1.0%)

$5,546,024 + $10,079,520

$15,625,544

2020

$159,123 (+2.3%)

$5,437,279 + $9,881,883

$15,319,162

2019

$155,584 (+2.0%)

$5,381,527 + $9,780,557

$15,162,084

2018

$152,576 (+1.8%)

$5,276,007 + $9,588,782

$14,864,789

2017

$149,877 (+4.9%)

$5,071,134 + $9,216,439

$14,287,573

2016

$142,903 (+1.9%)

$5,071,134 + $9,216,439

$14,287,573

2015

$140,208 (+53.5%)

$4,590,000 + $9,180,000

$13,770,000

2014

$91,322 (+28.5%)

$4,803,055 + $3,900,000

$8,703,055

2013

$71,055 (+15.0%)

$4,803,055 + $3,900,000

$8,703,055

2012

$61,779 (+2.0%)

$4,781,800 + $2,000,000

$6,781,800

2011

$60,578 (+41.1%)

$4,590,000 + $1,326,000

$5,916,000

2009

$42,928 (+2.4%)

$1,190,470 + $2,895,187

$4,085,657

2008

$41,927

$1,169,901 + $2,845,162

$4,015,063

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Room Information
# of Rooms: 10

Exterior

Pool Information
Has Pool

Property Information
Subdivision Name: OUTSIDE PUEBLO LAND
Building Sq. Ft: 11,947
Legal Description: PUEBLO MAP 35 LOT 45

Lot Information
# of Buildings: 1
Land Sq. Ft: 106,722
Legal Lot Number: 45
Municipality Name: MONTECITO COUNTY
Acres: 2.45
Zoning Code: 2-E-1
County Use Description: RESIDENTIAL ESTATE 6000 SQ.FT.

Financial

Assessor Information
Assessment Year: 2026
Tax Area: MONTECITO COUNTY

Public facts

Beds: 5
Baths: 6.0
Sq. Ft.: 11,947
Stories: —
Lot Size: 2.45 acres
Style: Single Family Residential
Year Built: 2014
Year Renovated: —
County: Santa Barbara County
APN: 011050021

Home facts updated by county records on Aug 17, 2026

Around this home

Schools

Montecito Union School

Public K-6 • Assigned • 1.2mi

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

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

6/10 Heat Factor

9 days above 84° expected this year, 24 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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

$36.96M – $44.73M

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Nearby similar homes

3D WALKTHROUGH

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1475 E Mountain Dr, Santa Barbara, CA 93108

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7 beds6.5 baths4,975 sq ft

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7 beds4.5 baths8,089 sq ft

240 Miramar Ave, Santa Barbara, CA 93108

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4 beds4 baths3,307 sq ft

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4 beds2 baths— sq ft

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New listings for sale in 93108

$8,650,000

4 beds5.5 baths3,883 sq ft

275 Butterfly Ln, Santa Barbara, CA 93108

$3,295,000

2 beds2 baths1,474 sq ft

652 Tabor Ln, Santa Barbara, CA 93108

$14,750,000

4 beds4.5 baths4,313 sq ft

568 Toro Cyn, Santa Barbara, CA 93108

$11,695,000

4 beds5.5 baths5,592 sq ft

285 Olive Mill Rd, Santa Barbara, CA 93108

$11,750,000

5 beds5.5 baths4,998 sq ft

204 Olive Mill Rd, Santa Barbara, CA 93108

$4,495,000

4 beds3 baths2,978 sq ft

625 Parra Grande Ln, Santa Barbara, CA 93108

Home values near 848 Hot Springs Rd

Data from public records.

Address	Redfin Estimate
801 Hot Springs Road, Santa Barbara, CA 5 Beds \| 4 Baths \| 3022 Sq. Ft.	$6,735,020
829 Hot Springs Road, Santa Barbara, CA 4 Beds \| 5 Baths \| 2494 Sq. Ft.	$5,896,171

Address	Redfin Estimate
811 Hot Springs Road, Santa Barbara, CA 4 Beds \| 4 Baths \| - Sq. Ft.	$11,672,236
817 Hot Springs Road, Santa Barbara, CA 5 Beds \| 5.5 Baths \| - Sq. Ft.	$7,243,810

Address	Redfin Estimate
843 Hot Springs Road, Santa Barbara, CA 4 Beds \| 4.5 Baths \| 4515 Sq. Ft.	$8,302,947
849 Hot Springs Road, Santa Barbara, CA 5 Beds \| 4.5 Baths \| - Sq. Ft.	$6,790,752

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 93108, CA

Sale history for 848 Hot Springs Rd

Tax history for 848 Hot Springs Rd

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 93108

Home values near 848 Hot Springs Rd

More real estate resources