




196 Santa Elena Ln, Santa Barbara, CA, 93108
About This Home
A rare opportunity to own a newly constructed custom home without the typical years-long building process. Currently under construction and anticipated to be completed in November, this exceptional property will offer approximately 3,600 sqft in the main residence, featuring four en-suite bedrooms and a powder room, along with a nearly 800 sqft guest house complete with its own bedroom, bathroom, and full kitchen. Thoughtfully designed for modern California living, the property will feature seamless indoor-outdoor spaces, a resort-style pool and spa, outdoor kitchen, and the quality and craftsmanship expected of a custom-built home. The builder is committed to shepherding the project through completion, providing continuity and helping ensure the home remains on schedule for its anticipated delivery. Adding to its appeal, the home is at a stage where a buyer may have the opportunity to personalize select finishes, materials, and design details, creating a residence tailored to their own vision while avoiding the time, complexity, and uncertainty of starting a custom build from the ground up. Offering the best of both worlds, a custom home with the ability to make it your own, delivered in a matter of months, this is a truly rare opportunity in today's market.
Getting Around
Schools
Construction
Condition
- Year built: 2026
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Fireplace features: Living Room
- Fireplace: Yes
Interior Area
- Total structure area: 4,400
- Total interior livable area: 4,400 sqft
Property
Details
- Parcel number: 009181012
- Zoning: R-1
Lot
- Lot size: 0.50 Acres
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 | $32,867 | $394,404 |
| Home Insurance * | $754 | $9,048 |
| Property Taxes | $5,573 | $66,876 |
| Electricity | $943 | $11,322 |
| Total | $40,137 | $481,644 |
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 |
|---|---|---|
| 2026-08-09 | Price change | $10,950,000 |
| 2026-06-16 | Listed for sale | $6,500,000 |
| 2024-12-31 | Sold | $2,049,500 |
| 2024-11-08 | Pending sale | $2,250,000 |
| 2024-08-05 | Listed for sale | $2,250,000 |
| 2024-05-01 | Listing removed | -- |
| 2024-04-11 | Listed for sale | $2,250,000 |
| 2024-03-15 | Pending sale | $2,250,000 |
| 2023-07-14 | Listed for sale | $2,250,000 |
| 2022-08-29 | Sold | $1,950,000 |
| 2022-08-19 | Pending sale | $1,695,000 |
| 2022-08-16 | Listed for sale | $1,695,000 |
| 2011-06-14 | Sold | $1,551,000 |
| 2011-03-31 | Price change | $1,575,000 |
| 2011-03-13 | Price change | $1,650,000 |
| 2011-02-18 | Listed for sale | $1,785,000 |
