#25-1960, Maureen M McDermut, Listing office: Sotheby's International Realty
Property details
About 331 Sherman Rd
Set high in the Riviera, this custom-built hillside retreat combines exceptional craftsmanship with breathtaking mountain views, all just 10 minutes from Montecito's Lower and Upper Villages and downtown Santa Barbara. Expansive windows on both levels flood the home with natural light and frame stunning vistas, creating a seamless connection to the surrounding landscape. The open-concept main floor features 10' ceilings, 9' sliding glass doors, and a chef's kitchen with a center island, prep sink, and wine fridge. Two en-suite bedrooms offer comfort and privacy behind double doors. Upstairs, the primary suite is a tranquil sanctuary with panoramic mountain views, a walk-in closet, and a spa-inspired bath with soaking tub. A spacious extra space outside the primary bedroom lined with windows is ideal for a home office, yoga space, or creative studio. Enjoy indoor-outdoor living with three large patios, a generous outdoor dining area, and a low-maintenance garden filled with succulents and fruit trees. Located just steps from Parma Park's 200 acres of trails and open space, and minutes to Santa Barbara's beaches, the Mission, and cultural hotspots.
Highlights
Home typeSingle Family Residence
StatusActive
Lot size0.24 Acres
Year built2012
MLS #25-2518
Summary
- Full Bathrooms: 3
- Total Bedroom Count: 3
- List Price: $2,895,000
- Annual Tax Amount: $25,939
- Tax Year: 2024
- Year Built: 2012
- Lot Size: 0.24 Acres
- MLS Number: 25-2518
- Office Name: Berkshire Hathaway HomeServices California Properties
- Office Phone: (805) 687-2666
- Office Email: dstalter@bhhscal.com
- Listing Agent: Karina Matic
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/9/2025, 9:40:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 07, 2021 | Home Sold | $2,300,000 |
| May 16, 1997 | Home Sold | $374,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,440,778 | $25,939 |
| 2023 | $2,392,920 | $25,467 |
| 2022 | $2,346,000 | $25,028 |
| 2021 | $789,500 | $8,404 |
| 2020 | $781,406 | $8,316 |
| 2019 | $766,086 | $8,050 |
| 2018 | $751,066 | $8,050 |
| 2017 | $736,340 | $7,783 |
History based on county public records data.
Nearby schools
9
Cold Spring Elementary School
Public District KG-6
1.1 mi
•2243 Sycamore Canyon Rd
5
Cleveland Elementary School
Public District PK-6
1.2 mi
•123 Alameda Padre Serra
7
Franklin Elementary School
Public District PK-6
1.4 mi
•1111 E Mason St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $110,746. Typical income of Santa Barbara, CA residents is between $100k-200k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
12%
<35k
30%
35k-100k
40%
100k-200k
18%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
2%
Single, with Kids
50%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
14%
18-34 yrs old
46%
35-64 yrs old
34%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Men's Tennis
Skiing/snowboarding
Where do the neighbors shop?
Chico's
Bloomingdales
Nordstrom
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Qdoba
What do the neighbors drive?
Cadillac
Lexus
BMW
What do the neighbors listen to?
Classical
News
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 331 Sherman Rd
The listing price of 331 Sherman Rd property is $2,895,000.
The property 331 Sherman Rd is a house located in Santa Barbara, California, 93103.
Active Listing: 331 Sherman Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 331 Sherman Rd are: Cold Spring Elementary School (GreatSchools Rating 9/10), Cleveland Elementary School (GreatSchools Rating 5/10), Franklin Elementary School (GreatSchools Rating 7/10), Santa Barbara Junior High School (GreatSchools Rating 3/10), La Cumbre Junior High School (GreatSchools Rating 4/10), La Colina Junior High School (GreatSchools Rating 7/10), Santa Barbara High School (GreatSchools Rating 6/10), Alta Vista Alternative High School (GreatSchools Rating 5/10), La Cuesta Continuation High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $25,939 (source: MLS/based on county public records data).
The last sale was on May 7, 2021 for $2,300,000 (source: MLS/tax record).
The property at 331 Sherman Rd has 3 bedrooms and 3 bathrooms.
The sq. ft. of 331 Sherman Rd is not available (source: MLS/tax record).
The year of construction for 331 Sherman Rd is 2012.
This home is located at 331 Sherman Rd in Santa Barbara, CA and zip code 93103 in the Riviera neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $2,895,000.
While more than 26 listings in Santa Barbara, CA in June 2025 were sold above asking price, there were more than 10 listings sold at asking price, and more than 46 were sold below. The number of listings in Santa Barbara, CA increased by 5.9% between May and June 2025. While the average time on the market in June 2025 was 35 days, the median list price was $2,127,620.
From Rocket Homes Real Estate and based on county public records data.