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$12,500,000

Listing Price

3beds

3baths

920sqft

8,276sqft lot

1623 Posilipo Ln, Santa Barbara, CA 93108

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

13351.64

Price / sqft

1932

Year built

Home Details

Awaken to the rhythm of the waves and the beauty of life at the beach, where every day feels like a timeless escape. This classic Montecito beach home has been cherished by the same family for generations and is now ready for new memories to be made. The heart of the residence is a striking redwood living room, where a warm fireplace anchors the space and the glow of sunset reflects across the rich wood, framing captivating ocean views. A series of doors open seamlessly to the outdoors, connecting to an ocean-view terrace on one side and a garden on the otheran idyllic setting to savor the views and the salty breeze. The main home offers two bedrooms and two baths, blending comfort with a rare connection to the sea. A separate detached guest quarters provides privacy and flexibility, perfect for hosting family or friends. Surrounded by vibrant landscaping, the outdoors flow effortlessly to the beach, where the shoreline becomes an extension of your backyard. Perfectly situated near Montecitos Lower Village and the Rosewood Miramar, this property offers an extraordinary opportunity to live with the coast as your constant companion.

Interior Details

Square Feet
  • 920

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 8276

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$8,362

$457,854

$199,054

--%

$656,908

2019

$8,192

$448,877

$195,151

--%

$644,028

2018

$8,061

$440,076

$191,325

--%

$631,401

2017

$7,849

$431,448

$187,574

--%

$619,022

2016

$7,601

$422,989

$183,897

--%

$606,886

2014

$7,220

$408,475

$177,587

--%

$586,062

2013

$7,193

$406,629

$176,785

--%

$583,414

2012

$6,904

$398,656

$173,319

--%

$571,975

percent-home-icon

Average Home Price in 93108

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$3,690,578

1 Beds

1 Baths

888 Sqft

29,185 Lot (sqft)

Sold 07/07/2026

$12,500,000

3 Beds

3 Baths

920 Sqft

8,276 Lot (sqft)

Sold 10/05/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
12,500,000
$
Down payment
2,500,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
75,000
$
HOA (Monthly)
0
$
PMI
0
$
$80,915
Your Payment
Total Monthly Payment:$80,915
Percent of Income:1387%
Affordable:No

Details for 1623 POSILIPO LN

Property Debt

Foreclosure Contact Details