tomo logo

$42,000,000

Beds
9
Baths
12.0
sq ft
15,355

465 Hot Springs Rd, Santa Barbara, CA 93108

465 Hot Springs Rd

Santa Barbara, CA 93108

  • 21 days on market
Unparalleled luxury coupled w artful & timeless design are brought to life at Montecito's meticulously reimagined Monte Arroyo Estate. A testament to rebirth & reinvention, this residence seamlessly blends old-world details w modern sophistication. Exclusivity & refinement await, complete w 9bd, 14 ba, expansive landscaping, a GH, wellness pavilion, pickleball court, & luxurious theater. Inside, you'll be captivated by thoughtful living spaces & lavish amenities, punctuated by elegance & flair. Outside, experience a botanical wonderland of serenity in the artfully curated gardens, sparkling pool & spa. Whether entertaining in style or unwinding in tranquility, this extraordinary residence is a private escape in the heart of Montecito. Embark on your legacy at Monte Arroyo Estate.

Details

Property type

Single Family Residence

Property condition

Updated/Remodeled

Lot size

3.97 acres

Price per sq ft

$2,736

Year built

1910

HOA

No

Price History

08/20/2024
CLAW

CLAW #24429919

Listed
$42,000,000
-19.23%
08/02/2024
CLAW

CLAW #24412416

Removed
$52,000,000
07/08/2024
CLAW

CLAW #24412416

Listed
$52,000,000
+2066.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Excelsior Holdings Llc

Loan start date

August 2023

Original loan amount

$4,900,000

Est. remaining balance

Not provided

Interest rate

6.69%

Loan type

Commercial

Seller

465 Hot Springs Road Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/14/2024 at 8:10 AM

Listing updated: 09/23/2024 at 11:59 AM

Listed by: Nancy Kogevinas, Berkshire Hathaway HomeServices California Properties Phone #: (805) 969-5026

MLS: CLAW #24429919

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