NOT LISTED FOR SALE

1015 E Mountain Dr Santa Barbara, CA 93108

Estimated Value: $6,134,000 - $23,927,880

6 Beds
12 Baths
12,247 Sq Ft
$1,233/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $16,250,000 $1,327 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $93,557/month

166 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Pool House
  • Cold Spring Elementary School Rated A+
  • Home Theater
  • Estate

About This Home

As of April 2021

Reminiscent of the most exquisite Italian villa, Montecito's ''Villa Bencista'' is a world-class estate offering serene privacy, robust amenities, and spectacular ocean and mountain views. From the stately iron-gate entrance to the striking architecture of the main residences to the expansive lawn and beautiful orchards, this stunning property conjures visions of Montecito's iconic early 20th century estates. Offering more than 12,200 sq. ft. of living space, the 10,300+ sq. ft. main residence and two matching +/- 1000 sq. ft. poolside guest houses were substantially renovated in 2012. The truly breathtaking grounds also include a beautiful pool, spa, sport court, gazebo, an additional detached 2-car garage, and acres of diverse trees and landscaping. The entrance to the main residence is surrounded by an expansive cobblestone motor court. Dramatic glass-and-wrought-iron entry doors and a welcoming gallery add to the estate's aristocratic ambience. A grand central staircase with clerestory windows leads to the rooftop terrace, complete with a fireplace and stunning 360-degree views.

Inside, impressive details abound: custom wrought-iron chandeliers and lighting fixtures; floors of marble and polished wide-plank hardwood; hand-carved fireplace mantelpieces; soaring, open-beam ceilings and masterful woodworking; graceful archways & impressive French doors; and numerous Loggias, terraces and Juliet balconies which offer breathtaking viewpoints of the Pacific Ocean and the Santa Ynez Mountains.

The living room and formal dining room, imbued with Old World charm, open via French doors to the loggia overlooking the 20-meter pool, ocean view and impeccable grounds. A completely rebuilt library/office features dramatic dark-stained cabinetry with custom lighting, a hand-carved stone fireplace mantel, and a c.1840 French alabaster chandelier.

The expansive kitchen has undergone a significant transformation, with top-of-the-line gourmet appliances, designer fixtures, custom cabinetry and counter tops, an immense center island, and a butler's pantry. The adjacent family room offers an inviting space to gather family and guests.

The primary bedroom suitea luxurious retreat located on the entry levelfeatures a lovely antique French Provincial fireplace mantel and c.1850 chandelier, while French doors open to both a private terrace and spacious loggia. Two lavish bathrooms feature abundant marble, designer fixtures, a shared shower, spacious walk-in closets with custom cabinetry, and a balcony overlooking the estate's private forest.

The lower level of Villa Bencista begins in the gallery hallway, complete with a custom entertaining bar. Further exploration reveals a wine cellar, a craft or playroom, and a beautiful theater room featuring a fireplace, a professional-grade Crestron sound system, and a Stewart Curved Cine 5 Super Screen. There are 4 spacious guest suites on the lower level, each thoughtfully renovated with a distinct style and amenities to ensure maximum comfort for family members or guests.

The estate's landscaping is nothing short of extraordinary. A vast lawn, a diverse array of trees(including majestic cypress, olive, avocado, citrus and stone fruit),and a rose gardenall watered by the estate's own 9,000-gallon fresh-water wellinvite moments of serene enjoyment at nearly every turn. The sparkling pool is flanked by twin pergolasone adjacent to a charming guesthouse, and the other adjoining a pool house which hosts a complete gym and two shower rooms.

Modern in its offerings yet classic in its timeless design, Villa Bencista estate offers residents and guests a safe, secure, and private world-class refuge mere minutes from all the pristine beaches, cultural events, and recreational opportunities Montecito and Santa Barbara have to offer.

Last Agent to Sell the Property

Dusty Baker

Sotheby's International Realty License #01908615 / 02004391 Listed on: 10/07/2020

Last Buyer's Agent

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 4.18 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Hilly Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Woods
  • Mountain

Home Design

  • Estate
  • Mediterranean Architecture
  • Flat Roof Shape
  • Tile Roof
  • Stucco

Interior Spaces

  • 12,247 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Home Gym
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Gazebo
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 011-250-007

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Architectural Style: Medit, Estate
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2002
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 4.18
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • View Wooded3: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Pvt Well In: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Site Improvements Cable TV3: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Rooms Theatre2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • GroundsLandscaping Pool House2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Family Room, Other, 2+, Gas, LR

Exterior Features

  • Roof: Tile, Flat
  • View: Mountain(s), Ocean, Wooded
  • Construction Type: Stucco
  • Acres: 4.18
  • Topography: Hilly, Level
  • Exterior Features: Pool, Pool House, Deck, Patio Open, Patio Covered, SPA-Outside, Gazebo, Lawn, Fruit Trees, Wooded, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #4, Attached, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 011-250-007
  • Zoning: Other
  • Lot Size Sq Ft: 182080.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Apr 2, 2021
Sold by
Allyn Rob and Allyn Monica
Bought by
Villa Bencista Llc
Seller's Agent
Dusty Baker
Sotheby's International Realty
Buyer's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
List Price
$16,950,000
Sold Price
$16,250,000
Premium/Discount to List
-$700,000
-4.13%
Current Estimated Value
$15,105,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,144,040
Avg. Annual Appreciation
-1.53%
Original Mortgage
$10,660,000
Outstanding Balance
$8,001,907
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$7,104,053

Purchase Details

Closed on
Nov 4, 2010
Sold by
Greer R Scott and Greer Michelle
Bought by
Allyn Rob and Allyn Monica

Purchase Details

Closed on
Mar 8, 2001
Sold by
Greer R Scott and Greer Michelle
Bought by
Greer R Scott and Greer Michelle

Purchase Details

Closed on
Jun 15, 2000
Sold by
Mary Casey
Bought by
Greer R Scott and Greer Michelle

Purchase Details

Closed on
May 19, 1998
Sold by
Hart Evelyn B and Hart Edward P
Bought by
Casey Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.01%

Purchase Details

Closed on
Dec 29, 1994
Sold by
Hart Edward P and Hart Evelyn B
Bought by
Hart Edward P and Hart Evelyn B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Villa Bencista Llc $16,250,000 Chicago Title Company
Allyn Rob $13,700,000 Chicago Title Company
Greer R Scott -- --
Greer R Scott -- Lawyers Title Company
Casey Mary -- First American Title
Hart Edward P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Bencista Llc $10,660,000
Previous Owner Casey Mary $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $16,250,000 -4.1% $1,327 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
10/06/2020 10/06/20 For Sale $16,950,000 -- $1,384 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $180,442 $17,589,522 $8,388,849 $9,200,673
2023 $180,442 $16,906,500 $8,063,100 $8,843,400
2022 $174,278 $16,575,000 $7,905,000 $8,670,000
2021 $158,736 $15,114,707 $7,338,386 $7,776,321
2020 $146,052 $14,000,000 $4,000,000 $10,000,000
2019 $137,392 $13,149,131 $7,120,726 $6,028,405
2018 $118,931 $15,279,609 $7,881,891 $7,397,718
2017 $156,925 $14,980,010 $7,727,345 $7,252,665
2016 $152,286 $14,686,285 $7,575,829 $7,110,456
2014 $148,162 $14,182,323 $7,315,863 $6,866,460
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3922

Santa Barbara Multiple Listing Service

APN: 011-250-007