Gwenever Cannon

145 Butterfly Lane, Montecito, CA 93108

$7,450,000
  • 145 Butterfly Lane, Montecito, CA 93108 Main Photo

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Active Price Reduced by $445,000 on June 3rd, 2026
BEDS6 BATHS5 full 1 partial SQUARE FEET4,997 MLS#26655027
STATUSActive PROPERTY TYPEResidential - Single Family

Listing Courtesy of: The Agency
Agency Phone: 424-230-3700
Associate Name: Eric Haskell
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Gwenever Cannon


Property Description

Perfectly positioned on coveted Butterfly Lane just moments from Coast Village Road and Butterfly Beach, this beautifully remodeled Montecito retreat captures the essence of relaxed coastal living. The main residence offers 4 bedrooms and 4.5 baths in a light-filled, open layout designed for effortless indoor-outdoor flow. Vaulted ceilings, wide-plank floors, and refined finishes create a warm, modern aesthetic throughout. The spacious primary suite features dual walk-in closets and a spa-inspired bath with soaking tub and walk-in shower. A generous media/game room with built-in bar adds flexible living space ideal for entertaining. The chef's kitchen, complete with marble countertops, custom cabinetry, and premium appliances, opens seamlessly to the outdoor entertaining areas. Bi-fold doors lead to a private, low-maintenance backyard oasis with lush yet easy-care landscaping, built-in BBQ kitchen, dining terrace, fire feature, and multiple lounging spaces - perfect for year-round gatherings. A detached 2-bedroom, 1-bath guest cottage with its own parking provides a private retreat for visitors, extended family, or additional work-from-home flexibility. Set behind mature greenery for exceptional privacy, yet just a block from Montecito's most desirable destinations, this turnkey property offers the ideal blend of sophistication, comfort, and location. Located within the highly sought-after Montecito Union School District.

145 Butterfly Lane | MLS# 26655027

This single family home located at 145 Butterfly Lane, Montecito, CA 93108 is currently listed for sale with an asking price of $7,450,000. This property was built in 1920 and has 6 bedrooms and 5 full and 1 partial baths with 4997 sq. ft. Search Montecito real estate on gcannon.farrellsmyth.com today.

Property Features

Property Type: Residential - Single Family
Cooling: CentralAir
Garage: 3 car attached
Heating: ForcedAir
Home Style: Traditional
Lot Size: 0.29 Acres
Stories: 3.0
Year Built: 1920

Amenities

WalkInClosets

Feature Descriptions

Appliances: Barbecue, Dishwasher, Refrigerator, WaterPurifier, Dryer, Washer
Days on Site: 92
Fireplace: LivingRoom
Flooring: Wood
Laundry: LaundryRoom
Parcel#: 009221001
Parking: DoorMulti, Driveway, Garage
Parking Notes: DoorMulti, Driveway, Garage
Security: FireSprinklerSystem, SmokeDetectors
Spa: None
Special View Info: Mountains

Listed By / Shown By

Listed By

Agency Name: The Agency
Agent Name: Eric Haskell
Agency Phone: 424-230-3700

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Shown By

Agent Name: Gwenever Cannon
Agent Phone: (805) 439-2547 ext. 15
Agency Title: Farrell Smyth, Inc.

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Estimated Payment

$ 18,753.39 per month $16,580.47 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,172.92 Homeowner's Insurance

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