Home of the Week: A premier view estate in Santa Barbara

Solana was created by early clothing manufacturer Frederick Forrest Peabody of Arrow shirts fame with the goal of having a premier view estate in Santa Barbara. The knoll-top compound, which has undergone three years of renovation and updating, features 360-degree ocean and mountain vistas.

Location: Santa Barbara

Asking price: $57.5 million

Year built: 1914

Architect: Francis T. Underhill

Living space: eight bedrooms, 20 bathrooms, more than 20,000 square feet

Lot size: 11.29 acres

Features: Hand-carved mahogany details, bronze hardware, mosaic tile floors, 18th-century wall sconces, 17th-century French oak paneling, a theater, two studies, a wine cellar, a fitness room, a craft room, a beauty salon, a staff apartment, interior courtyard, gated entrance, fountains, guest house, swimming pool, reflecting ponds, 200 fruit trees, 500 rose bushes, cutting garden

About the area: In the third quarter, 60 single-family homes sold in the 93108 ZIP Code at a median price of $1.711 million, according to DataQuick. That was a 4.6% decrease from the third quarter last year.

Agent: Harry Kolb, Sotheby’s International Realty, (805) 565-8633

—Lauren Beale

To submit a candidate for Home of the Week, send high-resolution color photos on a CD, written permission from the photographer to publish the images and a description of the house to Lauren Beale, Business, Los Angeles Times, 202 W. 1st St., Los Angeles, CA 90012. Send questions to [email protected].