New
Whole home price

$7,995,000

Whole home listed by Marsha Kotlyar. Want to co-own this home? Learn how.

Estimated 1/8 ownership

$1,189,000

Attributes
4 Beds4.5 Baths4,320 sq ft
Year Built
1947
Location

502 Picacho Ln, Santa Barbara, CA 93108 USA

502 Picacho Ln, Santa Barbara, CA 93108 USA

About this home
Style, comfort, & location define this extraordinary villa, tucked within one of Montecito's most coveted neighborhoods on pristine Picacho Ln. Designer renovated, the chic oasis offers elevated interiors & wonderful indoor-outdoor living, w/ wide plank oak floors, numerous doors leading to the entertaining terraces. 4 bedrooms + office, 4.5 bathrooms, the spacious primary suite occupies the entire 2nd floor & offers marble bathroom w/ walk-in closet.

Private, gated, & hedged on 1 usable acre, the tropical grounds enjoy a sun-soaked pool/spa, sprawling lawns, outdoor FP, verdant landscaping, vegetable gardens, chicken coop, dog run, & ample parking. Within MUS district & highly convenient to the Upper Village, this is an opportunity to have an ideal address in a most fabulous setting.
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Pacaso standard AmenitiesShow 7 more
Professionally decorated icon

Professionally decorated

Fully furnished icon

Fully furnished

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How we estimated this 1/8 share price

We used market data to estimate the cost of turning this home into a Pacaso, which includes a full design makeover, LLC formation, and finding qualified owners.

Purchase PriceWhole home: $7,995,000$999,375
Upgrades, Taxes, and ClosingInterior design, furnishings, inspection, title & applicable taxes$63,000
Pacaso Service FeeBuyer aggregation & legal$126,625

Estimated 1/8 Ownership44+ nights per year$1,189,000

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Flexible ownership

Make your move, on your terms

Whether you own a Pacaso or a whole second home, we make it easy to move or sell when you're ready.

  • sell icon

    Transfer

    Love co-ownership, but decide your Pacaso isn't the perfect fit? Forget buyer's remorse. Within your first year of ownership, you can transfer to another Pacaso that better suits your needs, hassle-free.

  • icon contract

    Resale

    Time to move on? After 12 months of ownership, you can set your price, tap into our marketplace of buyers, and sell quickly and easily. On average, Pacaso listings resell in less 10 days, with a 10% gain.

  • Home and hand icon

    Selldown

    Own an amazing second home, but don't use it very often? Sell part of your home to Pacaso, and keep the amount of ownership that's right for you, from 1/8 to 1/2. Leave the management to us!

Connect with our Crew

We’re excited to tell you more about this home! We'll reach out shortly, or you can choose to contact us at a time that works for you.

Ready to talk now?

Call +1 805-308-7718.
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Understanding ownership costs

View of Napa Valley from Olive Grove Exterior seating area

Know the bottom line before you buy. No hidden fees, no surprises, no monthly markups.

Listing Agent

Courtesy of - Marsha Kotlyar, Berkshire Hathaway HomeServices California

Whole home list price: $7,995,000