985 Park Ln
Montecito, CA 93108
5 bd 6 ba 8,500 sqft Built 2001 Lot 871,200 sqft single_family
Most recent sale
$8,440,000
May 27, 2010
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 3, 2023 | Sold | $11,000,000 | SantaBarbara |
| Jun 13, 2022 | Price changed | $11,995,000 | MLS #22-435 |
| Jun 12, 2022 | Price changed | $11,995,000 | MLS #22-127783 |
| Jun 11, 2022 | Price changed | $11,995,000 | MLS #22-441 |
| Apr 14, 2022 | Relisted | $12,500,000 | MLS #22-435 |
| Feb 16, 2022 | Listed | $12,500,000 | MLS #22-441 |
| Feb 15, 2022 | Listed | $12,500,000 | MLS #22-127783 |
| May 20, 2021 | Listed | $12,875,000 | MLS #21-734366 |
| May 19, 2021 | Listed | $12,875,000 | MLS #21-1793 |
| Aug 14, 2017 | Price changed | $9,995,000 | MLS #17-1077 |
| Apr 2, 2017 | Listed | $10,495,000 | MLS #17-1077 |
| Mar 13, 2017 | Listed | $10,495,000 | MLS #17-815 |
| Nov 1, 2016 | Listing removed | $10,950,000 | SantaBarbara |
| Jan 19, 2016 | Price changed | $10,950,000 | MLS #15-3482 |
| Oct 19, 2015 | Listed | $11,375,000 | MLS #15-3482 |
| May 1, 2015 | Listing removed | $11,375,000 | SantaBarbara |
| Jan 13, 2015 | Relisted | $11,375,000 | MLS #14-968 |
| Sep 13, 2014 | Listing removed | $11,375,000 | SantaBarbara |
| Aug 22, 2014 | Listing removed | $55,000 | SantaBarbara |
| May 28, 2014 | Price changed | $11,375,000 | MLS #14-968 |
| Apr 4, 2014 | Listed for rent | $55,000 | SantaBarbara |
| Apr 1, 2014 | Listed | $11,900,000 | MLS #14-968 |
| Apr 1, 2014 | Listing removed | $11,900,000 | SantaBarbara |
| Oct 1, 2012 | Listed | $11,900,000 | MLS #12-3105 |
| Mar 2, 2012 | Listing removed | $12,700,000 | SantaBarbara |
| Sep 9, 2011 | Listed | $12,700,000 | MLS #11-1121 |
| Jun 1, 2010 | Listing removed | $10,500,000 | SantaBarbara |
| May 27, 2010 | Sold | $8,440,000 | Public Record |
| May 22, 2010 | Price changed | $10,500,000 | MLS #08-3747 |
| Jun 19, 2009 | Listed | $12,900,000 | MLS #08-3747 |
| Dec 27, 1990 | Sold | $876,500 | Public Record |
| Jun 28, 1988 | Sold | $1,865,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $5,722,200 | $5,722,200 | $11,444,400 | $118,552 |
| 2024 | $5,722,200 | $5,722,200 | $11,444,400 | $116,355 |
| 2023 | $5,500,000 | $5,500,000 | $11,000,000 | $114,174 |
| 2022 | $6,033,209 | $4,153,912 | $10,187,121 | $105,838 |
| 2021 | $3,446,388 | $3,257,967 | $6,704,355 | $69,796 |
| 2020 | $3,411,050 | $3,224,561 | $6,635,611 | $69,098 |
| 2019 | $3,344,167 | $3,161,335 | $6,505,502 | $67,755 |
| 2018 | $2,381,803 | $3,293,060 | $5,674,863 | $59,182 |
| 2017 | $5,561,094 | $3,798,225 | $9,359,319 | $97,443 |
| 2016 | $5,452,053 | $3,723,750 | $9,175,803 | $94,575 |
| 2015 | $5,370,159 | $3,667,816 | $9,037,975 | $93,355 |
| 2014 | $5,264,965 | $3,595,969 | $8,860,934 | $91,849 |
| 2013 | $5,241,171 | $3,579,718 | $8,820,889 | $91,451 |
| 2012 | $5,138,403 | $3,509,528 | $8,647,931 | $89,144 |
| 2010 | $5,636,506 | $5,871,121 | $11,507,627 | $118,278 |
| 2009 | $5,649,897 | $5,885,069 | $11,534,966 | $118,605 |
| 2008 | $5,539,115 | $5,769,676 | $11,308,791 | $116,279 |
| 2007 | $5,430,505 | $5,656,546 | $11,087,051 | $113,100 |
Property facts
Year built
2001
Property type
single_family
Stories
—
Beds
5
Baths
6
Living area
8,500 sqft
Lot size
871,200 sqft
ZIP code
93108
City
Montecito
Street
Park Ln
Coordinates
34.44921, -119.60542
Comparable properties nearby
Frequently asked questions
When did 985 Park Ln last sell?
985 Park Ln most recently sold on May 27, 2010 for $8,440,000.
What is the current tax assessment for 985 Park Ln?
The most recent total assessment for 985 Park Ln (year 2025) is $11,444,400 with $118,552 in property tax.
How does 985 Park Ln's assessment compare to its last sale price?
The current assessment is 35.6% above the last sale price of $8,440,000.
When was 985 Park Ln built?
985 Park Ln was built in 2001.
How does 985 Park Ln compare to others on Park Ln?
We track 8 other properties on Park Ln. Browse the list under "Other properties on Park Ln" to compare beds, baths, and sale history.
What are the property facts for 985 Park Ln?
985 Park Ln is a 5 bed, 6 bath, 8,500 sqft, 871,200 sqft lot single_family.
Is 985 Park Ln a flip candidate?
No — 985 Park Ln does not appear in our flips dataset.
Is 985 Park Ln a tax-appeal candidate?
No — 985 Park Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+9.5%
Implied 1-yr
+38.2%
2026 Q3
$11.21M
2026 Q4
$11.74M
ZIP 93108 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Park Ln