1011 Las Palmas Dr Santa Barbara, CA 93110
Hope Ranch Neighborhood
5
Beds
6
Baths
4,594
Sq Ft
1.51
Acres
Highlights
- Horse Facilities
- Barn
- Spa
- Vieja Valley Elementary School Rated A
- Stables
- Property is near an ocean
About This Home
As of June 2025Timeless Cape Cod Elegance in Tranquil Hope Ranch
Set along an exclusive private drive in the heart of Hope Ranch, this beautifully updated Cape Cod estate sits on 1.5 acres of lush gardens, mature trees, citrus, and blooming roses. Thoughtfully modernized while retaining its classic charm, the home features 5 bedrooms, 4 full and 2 half baths, and a flexible floor plan designed for both gracious entertaining and comfortable daily living. Highlights include a chef's kitchen with breakfast nook and multi-purpose room, a serene primary suite with dual dressing areas, a charming guest suite with kitchenette and private entrance, and elegant living spaces including a sunken formal living room, paneled office/library, and sunroom opening to the patio. Beautiful in ground pool and a three stall barn with finished loft complete the grounds of this magical property.
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01005021 / 01950975 / 00966870 / 01976075
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $54,012
Year Built
- Built in 1982 | Remodeled
Lot Details
- 1.51 Acre Lot
- Dog Run
- Back Yard Fenced
- Level Lot
- Irrigation
- Fruit Trees
- Lawn
HOA Fees
- $264 Monthly HOA Fees
Home Design
- Cape Cod Architecture
- Composition Roof
- Wood Siding
Interior Spaces
- 4,594 Sq Ft Home
- 2-Story Property
- Skylights
- Gas Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Property Views
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Double Oven
- Built-In Electric Oven
- Built-In Gas Range
- Microwave
- ENERGY STAR Qualified Dishwasher
- Disposal
- Reverse Osmosis System
- Instant Hot Water
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Remodeled Bathroom
Laundry
- Laundry Room
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- Direct Access Garage
- Electric Vehicle Home Charger
Pool
- Spa
- Outdoor Pool
- Solar Heated Pool
Outdoor Features
- Property is near an ocean
- Patio
Location
- Property is near schools
- Property is near shops
Schools
- Vieja Valley Elementary School
- Lacolina Middle School
- San Marcos High School
Utilities
- Cooling Available
- Forced Air Zoned Heating System
- Water Purifier is Owned
- Water Softener is Owned
- Septic System
Additional Features
- Solar Power System
- Barn
- Stables
Listing and Financial Details
- Assessor Parcel Number 063-081-032
- Seller Considering Concessions
Community Details
Overview
- Association fees include comm area maint, security
- Hope Ranch Park Community
- 25 Hope Ranch Subdivision
Recreation
- Tennis Courts
- Horse Facilities
- Horses Allowed in Community
Additional Features
- Restaurant
- Security Guard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2025
Closed on
Jun 10, 2025
Sold by
White Stewart and White Michele
Bought by
Galvin John J and Conrad Deborah
Seller's Agent
Michele White
Compass
Buyer's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
List Price
$7,995,000
Sold Price
$7,850,000
Premium/Discount to List
-$145,000
-1.81%
Views
49
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.48%
Original Mortgage
$1,650,000
Outstanding Balance
$1,647,156
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$5,972,987
Purchase Details
Closed on
Oct 14, 2005
Sold by
Hansen G Walter and Hansen Darlene K
Bought by
White Stewart and White Michele
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,034,875
Interest Rate
6.2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jan 3, 1997
Sold by
Jonathan Perkins Terry and Jonathan Linda A
Bought by
Hansen G Walter and Hansen Darlene K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.46%
Similar Homes in Santa Barbara, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $7,850,000 | Fidelity National Title Compan | |
| Grant Deed | -- | Equity Title Company Santa B | |
| Grant Deed | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,650,000 | New Conventional | |
| Previous Owner | $600,000 | Credit Line Revolving | |
| Previous Owner | $1,110,000 | New Conventional | |
| Previous Owner | $2,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,640,000 | Unknown | |
| Previous Owner | $1,700,000 | Unknown | |
| Previous Owner | $3,034,875 | Negative Amortization | |
| Previous Owner | $600,000 | Credit Line Revolving | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $400,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | $7,850,000 | -1.8% | $1,709 / Sq Ft |
| 06/04/2025 06/04/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $7,995,000 | -- | $1,740 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $54,012 | $5,529,877 | $3,006,483 | $2,523,394 |
| 2023 | $54,012 | $4,590,000 | $2,296,000 | $2,294,000 |
| 2022 | $48,324 | $4,500,000 | $2,251,000 | $2,249,000 |
| 2021 | $38,020 | $3,600,000 | $1,801,000 | $1,799,000 |
| 2020 | $33,050 | $3,130,000 | $1,566,000 | $1,564,000 |
| 2019 | $32,707 | $3,130,000 | $1,566,000 | $1,564,000 |
| 2018 | $31,151 | $2,981,000 | $1,491,000 | $1,490,000 |
| 2017 | $29,679 | $2,839,000 | $1,420,000 | $1,419,000 |
| 2016 | $26,812 | $2,581,000 | $1,291,000 | $1,290,000 |
| 2014 | $25,977 | $2,480,000 | $1,240,000 | $1,240,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michele White
M
Seller's Agent in 2025
Michele White
Compass
(805) 452-7515
2 in this area
31 Total Sales
-
Bartron Real Est Group
Buyer's Agent in 2025
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
(805) 563-4054
7 in this area
223 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-1936
APN: 063-081-032
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