5
Bedrooms
Sold for $6,375,000 · Dec 2019
SOLDListed at $6,495,000
Montecito, CA
MLS# 19496430
Marsha Kotlyar
Listing Agent
Berkshire Hathaway HomeServices California
DRE #: 01426886
Brokerage: Berkshire Hathaway HomeServices California
5
Bedrooms
7
Bathrooms
4,944 sqft
Square Feet
2019
Year Built
N/A
Lot Size
$1,289
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
Single Family Home
Property Type
Quietly tucked off prime Park Lane, behind hedges and private gates, is a newly constructed architectural villa that redefines Montecito fine living. Completed in 2019 by acclaimed firm Becker Studios, the home takes inspiration from coastal Mediterranean regions, with a harmonious blend of soothing & organic textures that weave old with new. Custom steel folding glass doors integrate the central great room with the peaceful outdoors. With four bedroom suites & a media room in the main home, the dreamy master bedroom soaks in every desire. High-end finishes extend to the detached cabana with a voluminous living room, a guest bedroom, kitchenette, & a spa-like bathroom. Sited on one lush acre with a swimming pool & spa, this estate will rival your favorite resort.
Listing description from the December 2019 sale, as reported to CRMLS.
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2 recorded sales
707 PARK Lane sold for $6,375,000 in December 2019, 1.8% under its $6,495,000 list price, after 119 days on the market. It was first listed at $6,995,000. That works out to $1,289 per square foot on 4,944 square feet. Across 30 closed sales in 93108 over the last 12 months, the median sold price is $6,596,500 and the median is $1,963 per square foot, 52% above this sale's $1,289.
| Quarter | Closed sales in 93108 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $4,330,000 |
| Q2 2026 | 14 | $10,400,000 |
| Q3 2026 | 10 | $6,750,000 |
| Q4 2026 | 2 | $5,025,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Montecito · Homes for sale in 93108
Closed sales reported in 93108, nearest first, last 12 months. All recent sales in Montecito →
707 PARK Lane
Contact Marsha Kotlyar
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Contact Listing Agent
Berkshire Hathaway HomeServices California
DRE #01426886
Contact information is not available for this listing.