A nearly 238-acre ranch in posh Montecito, the hilly enclave in the mountains above Santa Barbara, has hit the market with a price tag of $125 million.

Known as Rancho San Carlos, the property has a roughly 30,000-square-foot main house with 12 bedrooms and 10 full and three half bathrooms.

Rancho San Carlos estate

Its $125 million price tag makes it the most expensive ever to list in Montecito, confirms Suzanne Perkins, one of the listing agents.

Rancho San Carlos mansion

The estate has 10 cottages, equestrian facilities, a small office building and about 100 acres of citrus and avocado orchards. With mountain and ocean views, the Monterey Colonial-style house is built around an interior courtyard.

Rancho San Carlos courtyard

The house has an English-style pub downstairs, accessed by a hidden door—not surprising for a house designed during Prohibition.

English-style pub


Below the pub is an underground badminton court with an observation gallery. The house also has a tower office accessible only from the master suite by an exterior staircase.

badminton court

The estate also features ample equestrian facilities, including two stables, a 10-stall round barn built in 1928, an 11-stall wood-and-stucco barn, and an 11,250-square-foot covered riding arena built in 1930.

Rancho San Carlos barn

The Rancho San Carlos can be viewed on www.sothebyshomes.com.

Rancho San Carlos cottages

Source: PropGOluxury via WSJ

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