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1071 E Mountain Dr, Santa Barbara, CA, 93108

4beds
4baths
3,816sqft
$7,298,000
$1,912price/sqft
$44,981/moest. monthly cost
$1,799,240/yrincome needed

About This Home

Montecito Best Buy! Discover an extraordinary opportunity in the heart of Montecito: a private, manicured 1.33± acre estate featuring an elegant main home, thoughtfully designed for versatility and luxury, and a charming mid-century modern guest house/cottage. The main residence, is a completely renovated single-level home inspired by the iconic San Ysidro Ranch style, is a true architectural masterpiece. Every detail has been curated with precision--from Venetian plaster walls and vaulted ceilings to wide-plank oak floors and handcrafted wrought iron glass doors that open to serene gardens. The home offers three bedrooms and 2.5 baths, complemented by a chef's kitchen with premium finishes, creating an atmosphere of refined elegance and comfort. The guest house or 2nd residence, exudes character with its vaulted wood ceilings, Brazilian cherry floors, and cozy gas fireplace. This one-bedroom, one-bath retreat is ideal as a guest house, private studio, or income-generating rental. Each home enjoys its own driveway for privacy, with the main residence securely gated. Together, they form a tranquil compound perfectly suited for dual living, extended family, or hosting guests in style. This rare property combines timeless design, modern amenities, and exceptional flexibilityall in one of Montecito's most coveted locations.

Getting Around

4
WalkingCar-Dependent
0
TransitNo Nearby Transit
17
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Excellent
  • Year built: 2025

Materials

  • Foundation: Slab,Raised,Mixed
  • Roof: Composition,Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mid-Century Modern,Custom Built
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Gas Range,Dishwasher,Disposal
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Cathedral Ceiling(s)
  • Flooring: Hardwood
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,816
  • Total interior livable area: 3,816 sqft

Property

Details

  • Parcel number: 011040019
  • Zoning: Other

Features

  • Levels: Single Story
  • Has view: Yes
  • View description: Mountain(s),Setting
  • Topography of land: Level

Lot

  • Lot size: 1.33 Acres
  • Features: Level,Near Public Transit

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

  • Inland Flooding
    Inland FloodingVery High
  • Landslide
    LandslideVery High
  • Earthquake
    EarthquakeRelatively High
  • Wildfire
    WildfireRelatively High

How This Home’s Risks Compare

Inland Flooding
Landslide
Earthquake
Wildfire

FEMA Declared Disasters in Santa Barbara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $36,902$442,824
Home Insurance *$847$10,164
Property Taxes $6,414$76,968
Electricity $818$9,819
Total$44,981$539,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,542,205/yr
40% on housing$1,349,430/yr
45% on housing$1,199,493/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,912This listing

vs Other Active Listings

Avg $/sqft

ZIP 93108$2,277
Santa Barbara County$1,073

vs Homes Sold Last Month

Median $/sqft

ZIP 93108$1,778
Santa Barbara County$735

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

DateEventPrice
2026-01-28Price change$7,598,000
2025-11-18Listed for sale$7,995,000
2025-11-11Listing removed$7,950,000
2025-10-29Price change$7,950,000
2025-10-06Price change$8,100,000
2025-09-08Listed for sale$8,950,000
2023-11-16Listing removed--
2023-10-29Price change$6,500
2023-09-26Price change$6,800
2023-09-15Listed for rent$7,900
2023-08-09Listing removed--
2023-06-03Price change$8,950
2023-03-29Listed for rent$9,850
2022-08-26Sold$3,873,000
2022-07-27Pending sale$3,850,000
2022-06-27Listed for sale$3,850,000
2020-08-28Sold$2,425,000
2019-03-30Listing removed$3,600
2019-03-10Listed for rent$3,600
2017-02-23Listing removed$3,600
2017-02-01Price change$3,600
2017-01-28Listed for rent$3,500
2013-07-17Sold$1,900,000
2004-11-08Sold$1,975,000

For Sale by Agent

AgentSandy Lipowski
BrokerageSotheby's International Realty

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