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1920s Montecito Estate La Macarena Listed for $35 Million After Xorin Balbes Renovation

other · 2026-04-19

La Macarena, a Spanish Colonial Revival estate from the 1920s located in Montecito, California, is now available for nearly $35 million following renovations by Xorin Balbes. Previously known as Slater House I, the property was designed by architect Mary McLaughlin Craig. Balbes acquired the two-acre estate for $9.5 million in 2024, working alongside Blue Studio. The main house spans 7,000 square feet and includes four bedrooms, five bathrooms, terracotta flooring, and nine fireplaces. Additional amenities comprise a detached office suite, a two-bedroom pool house, and a guest cottage. The estate also boasts a pickleball court, a large swimming pool, and a motor court accommodating 15 vehicles. The Kogevinas Group of Berkshire Hathaway HomeServices California Properties is managing the listing.

Key facts

  • La Macarena estate in Montecito, California listed for just under $35 million
  • Originally built in late 1920s by architect Mary McLaughlin Craig as Slater House I
  • Xorin Balbes purchased property for $9.5 million in 2024 and led renovation
  • Two-acre hillside property overlooks Pacific Ocean, Channel Islands, and Santa Ynez Mountains
  • Main residence has 4 bedrooms, 5 bathrooms across roughly 7,000 square feet
  • Property includes pool house, guest cottage, office suite, and entertainment pavilion
  • Renovation collaboration with Blue Studio focused on historic integrity
  • Balbes has renovated other significant properties including Lloyd Wright's Sowden House

Entities

Artists

  • Mary McLaughlin Craig
  • Xorin Balbes
  • Lloyd Wright
  • Norma Talmadge

Institutions

  • Kogevinas Group
  • Berkshire Hathaway HomeServices California Properties
  • Blue Studio
  • Robb Report
  • Modern Luxury

Locations

  • Montecito
  • California
  • United States
  • Pacific Ocean
  • Channel Islands
  • Santa Ynez Mountains
  • Los Feliz
  • Los Angeles
  • Southern California
  • Santa Barbara

Sources