145 Butterfly Ln, Santa Barbara, CA, 93108
About This Home
Perfectly positioned on coveted Butterfly Lane just moments from Coast Village Road and Butterfly Beach, this beautifully remodeled Montecito retreat captures the essence of relaxed coastal living. The main residence offers 4 bedrooms and 4.5 baths in a light-filled, open layout designed for effortless indoor-outdoor flow. Vaulted ceilings, wide-plank floors, and refined finishes create a warm, modern aesthetic throughout. The spacious primary suite features dual walk-in closets and a spa-inspired bath with soaking tub and walk-in shower. A generous media/game room with built-in bar adds flexible living space ideal for entertaining. The chef's kitchen, complete with marble countertops, custom cabinetry, and premium appliances, opens seamlessly to the outdoor entertaining areas. Bi-fold doors lead to a private, low-maintenance backyard oasis with lush yet easy-care landscaping, built-in BBQ kitchen, dining terrace, fire feature, and multiple lounging spaces--perfect for year-round gatherings. A detached 2-bedroom, 1-bath guest cottage with its own parking provides a private retreat for visitors, extended family, or additional work-from-home flexibility. Set behind mature greenery for exceptional privacy, yet just a block from Montecito's most desirable destinations, this turnkey property offers the ideal blend of sophistication, comfort, and location. Located within the highly sought-after Montecito Union School District.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled,Excellent
- Year built: 1920
Materials
- Foundation: Mixed
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional,Craftsman
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Range,Gas Cooktop,Water Softener Owned
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Cathedral Ceiling(s),Smart Thermostat
- Fireplace features: Living Room,Primary Bedroom,Patio
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air,Zoned
- Cooling features: Central Air
Interior Area
- Total structure area: 4,997
- Total interior livable area: 4,997 sqft
Property
Details
- Parcel number: 009221001
- Zoning: R-1
- Special condition: Standard
Features
- Levels: Tri-Level
- Patio & porch: Patio
- Exterior features: Lawn
Lot
- Lot size: 0.29 Acres
Parking
- Total spaces: 5
- Parking features: Garage,Inside Entrance,Attached
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
- Uncovered spaces: 2
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 | $37,671 | $452,052 |
| Home Insurance * | $865 | $10,380 |
| Property Taxes | $6,897 | $82,764 |
| Electricity | $1,071 | $12,858 |
| Total | $46,504 | $558,048 |
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 |
|---|---|---|
| 2026-03-24 | Price change | $7,895,000 |
| 2026-03-02 | Listed for sale | $8,295,000 |
| 2025-04-09 | Sold | $6,850,000 |
| 2025-03-08 | Pending sale | $6,775,000 |
| 2025-02-21 | Listed for sale | $6,775,000 |
| 2024-05-24 | Sold | $3,800,000 |
| 2024-05-13 | Pending sale | $3,800,000 |
| 2024-04-23 | Contingent | $3,800,000 |
| 2024-04-23 | Pending sale | $3,800,000 |
| 2024-04-23 | Listed for sale | $3,800,000 |
| 2011-09-30 | Sold | $2,775,000 |
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