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700 Park Lane, MONTECITO, CA 93108 (MLS# 20-4394)

700 Park Lane, MONTECITO, CA 93108

$22,700,000
Property Type: Res Bedrooms: 9 Baths: 11 Lot Size (sq. ft.): 224,770 Status: Closed
Current Price: $22,700,000 List Date: 11/11/2020 Last Modified: 9/13/2024

Overview

Description

Designed in 1923 by George Washington Smith with gardens by Lockwood de Forest, El Miraval presents an opportunity to own one of the rare collaborative projects by the coveted team, considered to be some of Montecito's most revered estates. The 5+ acre ocean view estate on 2 parcels encompasses a Spanish Revival main residence, 2-bd guest house, 1-bd garden cottage, and 3 room apartment above the detached 5-car garage. Amenities include a theater, wine cellar, tennis pavilion, pool terrace, putting green, & seemingly endless expanses of manicured lawns. Undeniable European elegance defines grand scale entertaining rooms with arched windows and doors connecting to a picturesque terrace, patio, loggia, or garden. Tenants in residence require 48 hours notice for showings.

Listing Details MLS# 20-4394

Location Info

District
10 - MONTECITO
Street #
700
Street Name
Park
Street Suffix
Lane
State
CA
Country
US
Postal Code
93108
Compass Map
Santa Barbara
Map Grid
U11
County
Santa Barbara
Parcel Nbr
007-100-015
Cross Street
East Valley Rd

Contract Info

Price
27500000
Buyers Agent $/%
2.5
Affordable Housing
No
Begin Date
2020-11-10

Status Information

Sold Date
2021-03-09
Under Contract Date
2021-01-12

Property Information

TYP
Home/Estate
Total Bedrooms
9
Total Bathrooms
11
Total Full Baths
8
Total Half Baths
3
Year Built
1923
Source
Other/See Remarks
Apx # Acres
5.16
ADU
No
Within City Limits Y/N
No
Total # Units in Development
4
Recurring Fees
No

Remarks

COVID Showing Remarks
All showings by appointment with listing agent. CAR Mandatory Government Showing Requirements & Best Practices Guidelines & Prevention Plan (BPPP) must be followed. Prior to showing, electronically send to listing agent, CAR PEAD-V form signed by all visitors. Visitors to property must agree to the Posted Rules for Entry (PRE) included in the MLS supplements. Masks required.
Directions
East Valley Road to Park Lane.
Hot Sheet Comment
new

Owner Info

Deposit
3

More Information

Property Features

Condition: Excellent Style: Mediterranean; Estate Construction: Tri-Level; Two Story Roof: Tile Foundation: Mixed Exterior: Stucco Fencing: Fenced: ALL Patio and Porch Features: Covered; Patio Open Other Buildings: Pool House; Greenhouse View: Ocean; Mountain(s); Setting; Panoramic Rooms: Basement; Exercise Room; Family Room; Office; Theatre Dining: Formal; In Kitchen Laundry: Laundry Room Amenities: Guest House; Guest Quarters; Pantry; Remodeled Bath; Remodeled Kitchen Appliances Included: Dryer; Refrigerator; Rev Osmosis; Washer; Wtr Softener/Owned Fireplace(s): Family Room; LR; Patio; Primary Bedroom Security: Fire Alarm; Smoke Detector(s) Cooling: Central Air Heating: Forced Air; Radiant; Radiant Floor Pool Features: Pool Zoning: Other Reports Available: Prelim Terms: Cash; Conventional
IDX
Listing Office: Village Properties
Last Updated: September - 13 - 2024
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