Kathleen Winter DRE 01022891 805.451.4663

New Montecito Beach Area Escrow Closing: 1147 Hill Road

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New Montecito Beach Area Escrow Closing: 1147 Hill Road

1147 Hill Road has closed escrow for $10,621,500.

1147 Hill Road is a sleek and distinctive Modern 4 bedroom/5 bath 3,500 sq.ft. home with a lap pool, spa, private gardens and Brazilian hardwood decks and terraces. A reverse floor plan with the kitchen and living area on the upper level takes full advantage of pretty ocean views. Just off the living room, disappearing glass sliding doors open to an expansive deck overlooking the Pacific ocean. The lavish backyard has an artistic lap pool, spa, a gorgeous seating area surrounding a massive outdoor fire-pit, and a detached bonus room/pool cabana. Tall privacy hedges, bamboo and lush palm trees create a tropical ambiance in the most serene of settings.

This property is one house back from and has a private walking path to Channel Drive, across which is Butterfly Beach. It is just down the street from the Four Seasons Santa Barbara Biltmore Hotel and within walking distance of Montecito’s Lower Village.

History of the Listing

1147 Hill Road came on the market in November 2018 asking $12,500,000. Its price was reduced in August 2019 to $11,500,000 and in January 2021 to $10,950,000. It went into escrow in April and closed in May for $10,621,500.

Previous Sales in the 2000’s

1147 Hill Road last sold in November 2013 for $8,900,000; photos of how it appeared at that time can be viewed by clicking here. A tear down on the property sold in February 2008 for $4,900,000.

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