Beautiful Spanish contemporary residence, designed by Don Pederson, offers awe-inspiring panoramic views of the ocean, islands, city, and mountains. The residence boasts an open floor plan with 3 bedrooms and 2.5 bathrooms plus 1 bed/1 bath guest quarters, capturing breathtaking vistas from nearly every room. Additionally, there is a detached 1-bed guest room. The sophisticated living room features cathedral ceilings, adorned with arches and columns, and expansive sliding glass doors that lead to a spacious balcony, framing stunning ocean views. The gourmet kitchen is equipped with solid wood cabinets, a center island, granite countertops, and a charming bay window. The primary bedroom showcases hardwood floors, a skylight, a fireplace, a generous walk-in closet, and glass doors that open to views of the ocean and mountains. Situated on a tranquil cul-de-sac on approximately 0.6+/- acres of land, with a lovely garden area and avocado trees. Its central location provides convenient access to the amenities of both Montecito and Santa Barbara. *Seller financing is available at below-market rates to qualified buyers.