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770 Hot Springs Rd

Montecito, CA 93108

7 bd 7 ba 8,712 sqft Built 1928 Lot 80,150 sqft single_family
Most recent sale
$17,000,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $17,000,000 Public Record
Jun 26, 2022 Listed for rent $85,000 SantaBarbara
Jun 13, 2022 Price changed $18,500,000 MLS #22-919
Mar 25, 2022 Listed $19,995,000 MLS #22-140090
Feb 20, 2019 Listing removed $5,250,000 SantaBarbara
Feb 15, 2019 Sold $4,400,000 Public Record
Nov 27, 2018 Listed $5,250,000 MLS #18-4162
Sep 25, 2018 Price changed $5,495,000 MLS #18-1902
Jul 13, 2018 Price changed $5,995,000 MLS #18-1902
May 24, 2018 Listed $6,499,000 MLS #18-1902

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $13,203,000 $4,781,800 $17,984,800 $187,042
2024 $13,203,000 $4,781,800 $17,984,800 $180,585
2023 $12,500,000 $4,500,000 $17,000,000 $177,224
2022 $3,944,786 $3,679,124 $7,623,910 $80,711
2021 $2,538,026 $3,606,985 $6,145,011 $65,319
2020 $918,000 $3,570,000 $4,488,000 $48,243
2019 $371,871 $92,944 $464,815 $6,383
2018 $364,580 $91,122 $455,702 $6,216
2017 $357,432 $89,336 $446,768 $6,034
2016 $350,424 $87,585 $438,009 $5,840
2015 $345,161 $86,270 $431,431 $5,581
2014 $338,400 $84,581 $422,981 $5,508
2013 $336,871 $84,199 $421,070 $5,489
2012 $330,266 $82,549 $412,815 $5,359
2010 $323,791 $80,931 $404,722 $5,119
2009 $322,136 $80,518 $402,654 $5,060
2008 $315,820 $78,940 $394,760 $4,794
2007 $309,628 $77,393 $387,021 $4,583

Property facts

Year built
1928
Property type
single_family
Stories
2
Beds
7
Baths
7
Living area
8,712 sqft
Lot size
80,150 sqft
ZIP code
93108
City
Montecito
Street
Hot Springs Rd
Coordinates
34.44469, -119.64235

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$102,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 770 Hot Springs Rd last sell?
770 Hot Springs Rd most recently sold on Jul 28, 2022 for $17,000,000.
What is the current tax assessment for 770 Hot Springs Rd?
The most recent total assessment for 770 Hot Springs Rd (year 2025) is $17,984,800 with $187,042 in property tax.
How does 770 Hot Springs Rd's assessment compare to its last sale price?
The current assessment is 5.8% above the last sale price of $17,000,000.
When was 770 Hot Springs Rd built?
770 Hot Springs Rd was built in 1928.
How does 770 Hot Springs Rd compare to others on Hot Springs Rd?
We track 8 other properties on Hot Springs Rd. Browse the list under "Other properties on Hot Springs Rd" to compare beds, baths, and sale history.
What are the property facts for 770 Hot Springs Rd?
770 Hot Springs Rd is a 7 bed, 7 bath, 8,712 sqft, 80,150 sqft lot single_family.
Is 770 Hot Springs Rd a flip candidate?
No — 770 Hot Springs Rd does not appear in our flips dataset.
Is 770 Hot Springs Rd a tax-appeal candidate?
No — 770 Hot Springs Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+9.5%
Implied 1-yr
+38.2%
2026 Q3
$11.21M
2026 Q4
$11.74M
ZIP 93108 — Median Price History + Forecast

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