487 Hot Springs Rd, Santa Barbara, CA, 93108
About This Home
Magical gated, Montecito compound property with newly remodeled main house, guest house, casita and small detached office in prime location . This serene, private property is encased by lush green hedges, stately mature oak trees and natural landscaping. The property seamlessly blends Santa Barbara indoor/outdoor living with French doors leading to beautiful outdoor spaces .. this wonderful property, in the Montecito School District, captures the essence of Santa Barbara coastal living. The sophisticated and charming main house, with refined detail, offers 4 bedrooms, 3.5 bathrooms and spacious, inviting living room with fireplace and high beam ceilings. The fabulous chef's kitchen, with beautiful white quartz countertops, custom cabinetry and Viking Appliances opens to an inviting family room and spacious dining area for a great room living concept. The Guest house, located privately away from main house, features 2 bedrooms, 2 full baths and spacious living room and dining area and lovely covered veranda. The newly renovated kitchen includes all new high end appliances. Separately, there is a charming remodelled studio casita with full bath and kitchen. The guest house and casita have a separate gated entrance from East Valley road. Additional features include central HVAC, exterior lighting, LED lighting. Near upper and lower villages, hiking, walking and beaches ....
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1953
Materials
- Foundation: Mixed
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Wine Refrigerator,Refrigerator,Gas Range,Dishwasher,Gas Cooktop
- Laundry features: In Garage
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Double Vanity,Rain Shower,Recessed Lighting
- Fireplace features: Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,235
- Total interior livable area: 2,235 sqft
Property
Details
- Parcel number: 009040003
- Zoning: R-1
Features
- Levels: Single Story
- Patio & porch: Deck,Porch
- Has view: Yes
- View description: Mountain(s),Setting
- Topography of land: Level
Lot
- Lot size: 1 Acres
- Features: Level,Cul-De-Sac
Parking
- Parking features: Carport
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Barbara County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $45,503 | $546,036 |
| Home Insurance * | $1,045 | $12,540 |
| Property Taxes | $7,836 | $94,032 |
| Electricity | $479 | $5,751 |
| Total | $54,863 | $658,356 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Listed for sale | $9,425,000 |
| 2026-01-13 | Listing removed | $17,975 |
| 2025-12-27 | Listed for rent | $17,975 |
| 2025-09-10 | Listing removed | $11,900 |
| 2025-09-09 | Listing removed | $9,995,000 |
| 2025-08-04 | Price change | $11,900 |
| 2025-06-30 | Price change | $12,900 |
| 2025-06-14 | Price change | $13,000 |
| 2025-06-06 | Listed for sale | $9,995,000 |
| 2025-06-03 | Listed for rent | $15,000 |
| 2022-12-13 | Sold | $3,075,000 |
| 2022-12-05 | Pending sale | $2,900,000 |
| 2022-11-21 | Listed for sale | $2,900,000 |
For Sale by Agent
View on Zillow