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Closed
- Listed price
- $16,900,000
- Listed Mar 17, 2023 · $2,837/sq ft
- Sold price
- $15,900,000
- Sold May 23, 2023
5 beds|6 ba|5,958 sqft|33,106 sqft lot|1994 Built|17 MLS days on market
1045 Cold Springs Rd, Montecito, CA 93108
Property Description
After an extensive renovation by Marc Appleton, this reimagined estate is Montecito's most coveted offering. Stunning interiors beautifully balance sophistication & ease. Clean lines pair with rich woods, curated details, exquisite fixtures to create a home that is minimal, rich, and utterly luxe. An ocean view primary suite features two closets and an office/lounge which could be an additional bedroom. The residence stands in reciprocity with the land, each classic yet rooted with a modern sensibility for how we live today. Steel doors open to stone terraces with silvery olives in the foreground & ocean views on the horizon. With destinations to entertain and play, the pool/spa & outdoor spaces celebrate the best of Montecito's coveted lifestyle. Landscape & Concept ADU plans by W. Hefner.
Listing agent: Robert RiskinDRE #01954177team@riskinpartners.com, Listing office: Village Properties
MLS data updated 10/28/2026, 11:39:05 PM PT
Source: CRMLSMLS #: 23251907
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$15,900,000
May 23, 2023
Available records22023
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$15,900,000Closed sale · May 23, 2023ZIP 93108 · May 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsMar 17, 2023 – May 23, 2023
ZIP 93108 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.