502 Picacho Ln
Montecito, CA 93108
4 bd 5 ba 4,320 sqft Built 2022 Lot 43,560 sqft single_family
Most recent sale
$4,495,000
Feb 19, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2024 | Listing removed | $35,000 | SantaBarbara |
| Dec 8, 2022 | Sold | $5,825,000 | SantaBarbara |
| Jul 8, 2022 | Listed | $7,750,000 | MLS #22-2286 |
| Jul 8, 2022 | Relisted | $7,750,000 | MLS #22-156251 |
| Jun 10, 2022 | Price changed | $7,750,000 | MLS #22-1529 |
| Jun 3, 2022 | Price changed for rent | $35,000 | TheMLSCLAW |
| May 17, 2022 | Listed | $7,995,000 | MLS #22-156251 |
| May 12, 2022 | Listed | $7,995,000 | MLS #22-1529 |
| May 4, 2022 | Listed for rent | $45,000 | TheMLSCLAW |
| Feb 19, 2021 | Listed | $4,495,000 | MLS #21-633 |
| Feb 19, 2021 | Sold | $4,495,000 | Public Record |
| Jun 16, 2020 | Listed | $4,495,000 | MLS #20-2215 |
| Jul 13, 2018 | Sold | $4,000,000 | MLS #18-320624 |
| Apr 27, 2018 | Price changed | $4,250,000 | MLS #18-320624 |
| Apr 19, 2018 | Price changed | $4,250,000 | MLS #18-381 |
| Mar 7, 2018 | Listed | $4,250,000 | MLS #300892867 |
| Feb 1, 2018 | Listed | $4,450,000 | MLS #18-381 |
| Jan 24, 2018 | Listed for rent | $13,750 | SantaBarbara |
| Nov 16, 2017 | Listing removed | $4,250,000 | SantaBarbara |
| Oct 6, 2017 | Price changed | $4,250,000 | MLS #17-1397 |
| Sep 14, 2017 | Listed for rent | $13,750 | SantaBarbara |
| Apr 30, 2017 | Listed | $4,450,000 | MLS #17-1397 |
| Nov 1, 2011 | Listing removed | $12,500 | SantaBarbara |
| Sep 26, 2011 | Price changed for rent | $12,500 | SantaBarbara |
| Sep 22, 2011 | Listed for rent | $12,000 | SantaBarbara |
| Sep 9, 2011 | Listed | $3,875,000 | MLS #11-2486 |
| Mar 29, 2010 | Listing removed | $2,975,000 | SantaBarbara |
| Dec 1, 2009 | Listed | $2,975,000 | MLS #09-3941 |
| Apr 26, 2005 | Sold | $3,500,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $2,939,130 | $3,121,200 | $6,060,330 | $64,098 |
| 2024 | $2,939,130 | $3,121,200 | $6,060,330 | $62,936 |
| 2023 | $2,825,000 | $3,000,000 | $5,825,000 | $61,783 |
| 2022 | $2,238,900 | $2,346,000 | $4,584,900 | $49,119 |
| 2021 | $2,061,134 | $2,061,134 | $4,122,268 | $44,190 |
| 2020 | $2,040,000 | $2,040,000 | $4,080,000 | $43,763 |
| 2019 | $2,000,000 | $2,000,000 | $4,000,000 | $42,712 |
| 2018 | $1,299,000 | $2,599,000 | $3,898,000 | $41,762 |
| 2017 | $1,299,000 | $2,599,000 | $3,898,000 | $41,769 |
| 2016 | $1,237,000 | $2,475,000 | $3,712,000 | $39,380 |
| 2015 | $1,213,000 | $2,426,000 | $3,639,000 | $38,510 |
| 2014 | $1,155,000 | $2,310,000 | $3,465,000 | $36,847 |
| 2013 | $1,050,000 | $2,100,000 | $3,150,000 | $33,611 |
| 2012 | $1,281,219 | $2,607,928 | $3,889,147 | $40,970 |
| 2010 | $1,241,845 | $2,537,685 | $3,779,530 | $39,686 |
| 2009 | $1,244,796 | $2,543,714 | $3,788,510 | $39,723 |
| 2008 | $1,220,389 | $2,493,838 | $3,714,227 | $38,783 |
| 2007 | $1,196,460 | $2,444,940 | $3,641,400 | $37,638 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
4,320 sqft
Lot size
43,560 sqft
ZIP code
93108
City
Montecito
Street
Picacho Ln
Coordinates
34.43702, -119.63633
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$13,824
Gross rental yield
3.69%
Implied cap rate
2.40%
Trend-extrapolated value
—
Frequently asked questions
When did 502 Picacho Ln last sell?
502 Picacho Ln most recently sold on Feb 19, 2021 for $4,495,000.
What is the current tax assessment for 502 Picacho Ln?
The most recent total assessment for 502 Picacho Ln (year 2025) is $6,060,330 with $64,098 in property tax.
How does 502 Picacho Ln's assessment compare to its last sale price?
The current assessment is 34.8% above the last sale price of $4,495,000.
When was 502 Picacho Ln built?
502 Picacho Ln was built in 2022.
How does 502 Picacho Ln compare to others on Picacho Ln?
We track 8 other properties on Picacho Ln. Browse the list under "Other properties on Picacho Ln" to compare beds, baths, and sale history.
What are the property facts for 502 Picacho Ln?
502 Picacho Ln is a 4 bed, 5 bath, 4,320 sqft, 43,560 sqft lot single_family.
Is 502 Picacho Ln a flip candidate?
Yes — 502 Picacho Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 502 Picacho Ln a tax-appeal candidate?
No — 502 Picacho 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
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Geography
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