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965 W Mountain Dr, Santa Barbara, CA, 93103

1beds
2baths
0sqft
$4,395,000
--price/sqft
$27,137/moest. monthly cost
$1,085,480/yrincome needed

About This Home

Ten Acre Ocean View Property: Previously entitled for a 6,673± sq ft estate compound incl residence, garage, decks, and pool. The property currently features a newer guest residence, state of the art workshop, extensive infrastructure, and active expansion plans, representing a rare largescale coastal estate property within Santa Barbara city limits. A beautifully engineered gated drive curves through meadows, pepper trees and palms, arriving at sweeping mountain, coastline, and island views that unfold across the property beneath Gibraltar and a panorama of Santa Barbara's front country, framed by majestic scenery and a remarkable sense of scale and drama. Substantial infrastructure has already been completed across the property, including 3-phase power, a 2-inch agricultural water meter 1-inch domestic water meter supporting a wide range of estate, agricultural, creative, and workshop uses. With substantial groundwork already completed, the property offers a compelling blend of privacy, utility, scale, and flexibility within Santa Barbara city limits. The parcel's size, infrastructure, and existing access configuration may also present additional estate planning or development opportunities, subj to City approvals. A rare lifestyle opportunity on Mountain Drive with convenient access to Montecito, the Upper East, and downtown Santa Barbara.

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
21
BikeSomewhat Bikeable

Schools

4/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 2004

Materials

  • Foundation: Slab
  • Roof: Tile
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mediterranean
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Gas Range,Dishwasher,Dryer,Microwave,Washer
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

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

Features

  • Recessed Lighting
  • Flooring: Hardwood,Tile

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Property

Details

  • Parcel number: 021050026
  • Zoning: A-1

Features

  • Levels: Two
  • Exterior features: Yard Irrigation PRT,Drought Tolerant LND
  • Fencing: Partial
  • Has view: Yes
  • View description: Islands,Ocean,Panoramic
  • Has water view: Yes
  • Water view: Islands,Ocean
  • Topography of land: Rolly

Lot

  • Lot size: 10.32 Acres
  • Features: Rolling Slope

Parking

  • Total spaces: 12
  • Parking features: Storage,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 10

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 $22,223$266,676
Home Insurance *$554$6,648
Property Taxes $3,962$47,544
Electricity $398$4,786
Total$27,137$325,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$930,411/yr
40% on housing$814,110/yr
45% on housing$723,653/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 93103$1,058
Santa Barbara County$1,072

vs Homes Sold Last Month

Median $/sqft

ZIP 93103$1,325
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
2026-04-30Listed for sale$4,395,000
2026-01-14Listing removed$4,495,000
2025-06-14Listed for sale$4,495,000

For Sale by Agent

AgentRobert Heckes
BrokerageSotheby's International Realty

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