SELLER FINANCING! Seller is offering to finance 65% of the sale at 4.95% for five years to a qualified buyer. Beautiful Spanish contemporary residence, designed by Don Pederson, offers awe-inspiring panoramic views of the ocean, islands, city, and mountains. The approximately 5000 sqft residence boasts an open floor plan with 3 bedrooms, 2.5 bathrooms, 5 fireplaces, plus 1 bed/1 bath guest quarters, breathtaking vistas from nearly every room, and large wraparound decks. Additionally, there is a detached 1-bed/1 bath guest room with a private balcony and patio. 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 a skylight, fireplace, generous walk-in closet, ensuite bath, 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. Additional amenities include a two-car garage with a workshop area. Its central location provides convenient access to the amenities of both Montecito and Santa Barbara.