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740 Hot Springs Rd

Santa Barbara, CA 93108

3 bd 2 ba 2,026 sqft Built 2024 Lot 27,443 sqft single_family
Most recent sale
$4,000,000
Feb 27, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2025 Sold $4,400,000 SantaBarbara
Mar 28, 2025 Sold $4,400,000 Public Record
Feb 4, 2025 Listed $4,600,000 TheMLSCLAW
Sep 4, 2024 Price changed $5,195,000 TheMLSCLAW
Aug 20, 2024 Price changed $5,195,000 SantaBarbara
Aug 6, 2024 Price changed $5,495,000 TheMLSCLAW
Jul 31, 2024 Listed $5,775,000 TheMLSCLAW
May 7, 2024 Listed $5,775,000 SantaBarbara
Mar 3, 2024 Listed $10,000,000 SantaBarbara
Feb 27, 2024 Sold $4,000,000 Public Record
Apr 19, 2010 Listing removed $1,495,000 SantaBarbara
Apr 15, 2010 Sold $1,335,000 Public Record
Apr 14, 2010 Price changed $1,495,000 SantaBarbara
Feb 13, 2010 Price changed $1,595,000 SantaBarbara
Nov 8, 2009 Price changed $1,695,000 SantaBarbara
Jul 20, 2009 Listed $1,850,000 SantaBarbara

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,020,000 $3,060,000 $4,080,000 $43,655
2024 $1,020,000 $3,060,000 $4,080,000 $19,052
2023 $415,626 $1,240,694 $1,656,320 $18,723
2022 $407,477 $1,216,367 $1,623,844 $18,454
2021 $399,488 $1,192,517 $1,592,005 $18,093
2020 $395,392 $1,180,290 $1,575,682 $17,927
2019 $387,640 $1,157,148 $1,544,788 $17,486
2018 $380,040 $1,134,459 $1,514,499 $17,173
2017 $372,589 $1,112,215 $1,484,804 $16,806
2016 $365,284 $1,090,407 $1,455,691 $16,289
2015 $359,798 $1,074,029 $1,433,827 $15,895
2014 $352,751 $1,052,991 $1,405,742 $15,656
2013 $351,157 $1,048,233 $1,399,390 $15,567
2012 $344,272 $1,027,680 $1,371,952 $15,184
2010 $337,522 $1,007,530 $1,345,052 $10,248
2009 $186,259 $1,220,017 $1,406,276 $15,391
2008 $182,607 $1,196,096 $1,378,703 $14,926
2007 $179,027 $1,172,644 $1,351,671 $14,438

Property facts

Year built
2024
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,026 sqft
Lot size
27,443 sqft
ZIP code
93108
City
Santa Barbara
Street
Hot Springs Rd
Coordinates
34.44467, -119.64141

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$24,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 740 Hot Springs Rd last sell?
740 Hot Springs Rd most recently sold on Feb 27, 2024 for $4,000,000.
What is the current tax assessment for 740 Hot Springs Rd?
The most recent total assessment for 740 Hot Springs Rd (year 2025) is $4,080,000 with $43,655 in property tax.
How does 740 Hot Springs Rd's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $4,000,000.
When was 740 Hot Springs Rd built?
740 Hot Springs Rd was built in 2024.
How does 740 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 740 Hot Springs Rd?
740 Hot Springs Rd is a 3 bed, 2 bath, 2,026 sqft, 27,443 sqft lot single_family.
Is 740 Hot Springs Rd a flip candidate?
No — 740 Hot Springs Rd does not appear in our flips dataset.
Is 740 Hot Springs Rd a tax-appeal candidate?
No — 740 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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