




1502 E Mountain Dr, Santa Barbara, CA, 93108
About This Home
Casamar is a rare expression of Montecito's understated elegance, where Mediterranean architecture, refined craftsmanship, and breathtaking ocean and mountain vistas come together in the coveted Golden Quadrangle. Set on approximately 2.12± acres, the estate evokes the romance of a private palazzo with beautifully landscaped grounds and exceptional indoor-outdoor living. The impressive foyer is crowned by a custom domed skylight, leading to a grand living room with an architectural stone fireplace, wood floors, vaulted wood-beam ceilings, and glass French doors that open to sweeping ocean views. The gourmet kitchen features custom cabinetry, skylights, top-of-the-line appliances, an inviting breakfast room, and French doors to a view terrace. Nearby, the media room/library with wet bar offers paneled coffered ceilings, herringbone floors, a dual-faced fireplace, projection system, and wine refrigerator. The main residence includes five en-suite bedrooms, highlighted by an elegant primary suite with wood ceilings, a sitting/office room, dual luxurious baths, generous closets, a spa/massage room, and a private terrace overlooking the coastline. Outdoors, stone terraces, a glistening pool, koi pond, waterfall, fountains, arbor, rose gardens, orchards, and a farm-to-table patio create a beautiful setting for al fresco living. Additional amenities include an expansive motor court, upper-level four-car garage with parking portico, generator, private well, and a charming one-bedroom guest house with ocean views. Conveniently located near the beaches, Upper Village, and Montecito Union School District, Casamar offers timeless Mediterranean elegance in one of Montecito's most coveted settings.
Getting Around
Schools
Construction
Condition
- Year built: 1992
Materials
- Foundation: Mixed
- Roof: Tile
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Features
- Flooring: Carpet,Hardwood,Tile
- Fireplace features: Living Room,Primary Bedroom
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Property
Details
- Parcel number: 011070039
- Zoning: Other
- Special condition: Standard
Features
- Private pool: Yes
- Pool features: Outdoor Pool,Waterfall
- Exterior features: Other,Fruit Trees,Yard Irrigation PRT
- Has spa: Yes
- Spa features: SPA-Outside
- Has view: Yes
- View description: Mountain(s),Islands,Ocean
- Has water view: Yes
- Water view: Islands,Ocean
Lot
- Lot size: 2.12 Acres
Parking
- Total spaces: 5
- Parking features: Garage
- Attached garage spaces: 4
- Covered spaces: 5
- Carport: Yes
- Carport spaces: 1
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
- Landslide
- Wildfire
- Earthquake
- Drought
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 | $110,738 | $1,328,856 |
| Home Insurance * | $2,543 | $30,516 |
| Property Taxes | $18,981 | $227,772 |
| Electricity | $398 | $4,786 |
| Total | $132,660 | $1,591,920 |
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 |
|---|---|---|
| 2026-06-09 | Listed for sale | $21,900,000 |
| 2024-08-26 | Listing removed | -- |
| 2024-03-27 | Listed for sale | $21,900,000 |
| 2023-10-09 | Listing removed | -- |
| 2023-07-12 | Listed for sale | $23,500,000 |
For Sale by Agent
