990 Mariposa Lane, Santa Barbara, CA 93108 $12,500,000

Status: Closed    MLS# 19-947

3 Bedrooms    4 Full Bathrooms    1 Half Bathrooms

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Property Description

This home was newly constructed when it was purchased in 2016. The buyers paid $16 million with multiple offers, and then began a three-year remodel by Giffin & Crane, spending over $8 million. The property is offered as is in its current renovated condition for $12,500,000. The single-level contemporary home is situated on approximately 2.73 acres with panoramic ocean views. Take advantage of Santa Barbara's unique climate and quintessential indoor/outdoor living as this home brings the outdoors in through expansive living spaces, soaring ceilings, and large floor-to-ceiling French doors that open to panoramic views, modern loggias, an outside lounge with a pool retreat, and a private well. There is an approx. 2,335 sq. ft. master bedroom suite with two baths, two closets, & an ocean view exercise room and office. There's a second office nearby and two additional guest suites. The grand living room, club room with dining area, kitchen and breakfast room all enjoy panoramic ocean views.

This stunning property is conveniently located to the Village of Montecito and in the Montecito Union School District.

Property Information
Property Details
MLS ID: #19-947
Current Price: $12,500,000 
Buyer Broker Compensation: 2.5%
Status: Closed
Days on Market: 9
Address: 990 Mariposa Lane
City / Zip: Santa Barbara, CA 93108
Area / Neighborhood: Montecito
Property Type: Residential – Home/Estate
Style: Contemporary 
Approx. Sq. Ft.: 8,061 
Year Built: 2015 
Acres: 2.73 
Topography: Combo, Hilly, Level, Rolly 
View: City, Harbor, Mountain(s), Ocean, Panoramic, Setting 
Elementary School: Mont Union
Jr. High School: S.B. Jr.
Sr. High School: S.B. Sr.
Interior Features
Bedrooms: 3
Total Bathrooms: 4.5
Bathrooms (Full): 4
Bathrooms (Half): 1
Dining Areas: Breakfast Area, Dining Area, Other 
Fireplaces: LR 
Laundry: Laundry Room 
Exterior Features
Roof: Flat 
Exterior: Stucco 
Foundation: Slab 
Construction: Single Story 
Grounds: Fenced: ALL, Patio Covered, Pool, SPA-Outside, Yard Irrigation T/O 
Parking: Attached, Gar #2 
Site Improvements: Underground Util 
Water / Sewer: Meter In, Mont Wtr, Pvt Well In 
Zoning: E-1 
Public Listing Details: None 

Listed with Compass