625 Parra Grande Lane, Santa Barbara, CA 93108
625 Parra Grande Lane, Santa Barbara, CA 93108
Property Description
Set at the end of a private lane in the center of Montecito, this south-facing property offers two separate homes on a full, usable acre. A single-level 3 Bed/2 Bath California ranch style main house anchors the property, accompanied by a detached, permitted 1 Bed/1 Bath ADU that lends itself equally well to extended family, visiting friends or a private office. All south-facing rooms in the main house, including the primary suite, open to a generously sized deck - the perfect setting for entertaining. Measured at just over an acre, the land is surrounded by mature fruit trees and open lawns with views of the mountains rising to the north. Located in Cold Spring School District, 625 Parra Grande Lane is a wonderful opportunity to own a multi-structured compound on a private acre in between Montecito's coveted Upper and Lower Villages. Beaches, hiking trails, and the whole of Santa Barbara are just minutes away.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 4 active · 5 closed
Santa Barbara · Single Family Residence
Listed in line with the median closed sale of $4,500,000. Price per sqft ($1,509) is a 16% premium to closed comps ($1,297). Closed comps sold at 100% of list — strong seller's market. Expect a longer timeline — comps averaged 132 days on market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (4)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 109 Coronada Circle | Santa Barbara | 1971 | 3 | 3 | 2,496 | 19,166 | $1,881 | $4.70M | 30 | 57 |
| 1520 Willina Lane | Santa Barbara | 1920 | 2 | 2 | 1,761 | 8,712 | $2,413 | $4.25M | 145 | 42 |
| 52 Miramar Avenue | Santa Barbara | 1919 | 2 | 2 | 1,796 | 11,326 | $2,645 | $4.75M | 12 | 41 |
| 2311 Finney Street | Summerland | 1986 | 2 | 3 | 1,952 | 10,454 | $2,559 | $5.00M | 30 | 32 |
| Total: 4 · Average | 2.3 | 2.5 | 2,001.25 | 12,414.5 | $2,374.5 | $4.67M | 54.25 | |||
| Median | 1,952 | $4.75M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1163 Camino Viejo Road | Santa Barbara | 1973 | 08/28/2026 | 4 | 3 | 2,756 | 38,333 | $4.70M | $4.14M | $1,502 | 0.88 | 71 | 84 |
| 315 Calle Elegante | Santa Barbara | 1988 | 09/01/2026 | 3 | 3 | 2,987 | 30,492 | $4.55M | $4.21M | $1,411 | 0.93 | 333 | 72 |
| 525 Owen Road | Santa Barbara | 1963 | 09/08/2026 | 3 | 3 | 2,862 | 19,166 | $3.70M | $4.50M | $1,572 | 1.22 | 18 | 64 |
| 725 Ashley Road | Montecito | 1982 | 10/16/2026 | 5 | 5 | 3,800 | 36,155 | $4.75M | $4.75M | $1,250 | 1.00 | 101 | 61 |
| 939 Arcady Road | Santa Barbara | 1951 | 10/21/2026 | 5 | 5 | 5,996 | 60,113 | $4.58M | $4.50M | $751 | 0.98 | 135 | 60 |
| Total: 5 · Average | 4.0 | 3.8 | 3,680.2 | 36,851.8 | $4.42M | $4.42M | $1,297.2 | — | 131.6 | ||||
| Median | 2,987 | $4.50M | $4.50M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.