NOT LISTED FOR SALE

Estimated Value: $5,910,000 - $8,122,000

4 Beds
4.5 Baths
4,438 Sq Ft
$1,631/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $7,695,000 $1,734 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $44,218/month

7 Days on Market

Highlights

  • Guest House
  • Horses Allowed in Community
  • Spa
  • Vieja Valley Elementary School Rated A
  • Greenhouse
  • Property is near an ocean

About This Home

As of May 2024

Tastefully remodeld by the current owners, this exquisite Hope Ranch residence is nestled privately on a beautifully landscaped 2.23 +/- acre site, and offers four bedrooms, 4.5 baths, a cooks kitchen opening up to a beamed ceiling family room, 3 fireplaces, an inviting pool, secluded spa, and many intimate patios and lovely sitting areas ideal for entertaining or for family entertainment. The delightful one bedroom guest house, with attached two car garage, is perfect for guests, home office or extended family. A gated entry and long curving driveway create a perfect introduction to this very special estate property. The main single story four bedroom residence offers both formal and informal living, dining and entertaining rooms in addition to a cozy library with gas fireplace. The spacious gourmet chef's kitchen boasts custom cabinetry, stunning quartz countertops, a spacious central island, six burner Viking range, walk in pantry, intimate breakfast area, and adjoining family room with inviting gas fireplace. The convenient laundry room is adjacent to the kitchen and is complete with extra storage and an adjacent powder room with shower. A bonus is a delightful artist's studio. The primary bedroom suite boasts a luxurious primary bath complete with marble double vanity areas, a claw foot tub, extra large roll in shower and two separate walk in closets. The ultimate in quality is evident throughout with hardwood and travertine flooring, custom cabinetry, tray and vaulted ceilings, dental molding and recessed lighting. Artistic detailing, three gas fireplaces, French style doors inviting the outdoors in, create a welcoming elegance throughout the home.
The residence is surrounded by majestic trees, colorful plantings, meandering paths to outdoor spaces, a green house and ample room for gardens, play areas, and room for children and pets to explore.
One will quickly agree this is one of the finest offerings available in Hope Ranch today. Add the privately accessed Hope Ranch beach, riding trails and walking paths, use of Laguna Blanca tennis courts, La Cumbre Country Club and exceptional private and public schools nearby, no wonder Hope Ranch is sought by many as their forever home.

Last Agent to Sell the Property

Linda Lorenzen

Sotheby's International Realty License #00583737 Listed on: 04/15/2024

Last Buyer's Agent

Patty Murphy

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,766

Year Built

  • Built in 1972

Lot Details

  • 2.24 Acre Lot
  • Gated Home
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Parking

  • 4 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,438 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Views of Woods

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

  • Monitored
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Property is near a lake
  • Deck
  • Patio
  • Greenhouse
  • Gazebo
  • Shed

Location

  • Property is near schools
  • Property is near shops

Schools

  • Vieja Valley Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Septic Needed
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 063-081-039

Community Details

Overview

  • HOA YN
  • Association fees include prop mgmt, comm area maint, security
  • Hope Ranch Park Asso Community
  • 25 Hope Ranch Subdivision
  • Community Lake

Recreation

  • Horses Allowed in Community

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,766

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Association Fee: HOA (2024) $2870.61
  • Directions: Las Palmas to Via Tranquila, turn right on Via Tranquila to 1020 Via Tranquila, on right.
  • Prop. Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoSecurityFeatures: Monitored, Gate:Elec, Patrol, Security System, Smoke Detector(s)
  • Reso Association Amenities: Other, Lake, Security
  • Reso Association Fee Includes: Prop Mgmt, Comm Area Maint, Security
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs)
  • New Construction: No
  • Reso Other Structures: Other, Shed(s), Greenhouse
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1972
  • Property Information Apx # Acres: 2.24
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 4438.0
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • GroundsLandscaping Wooded4: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Hope Ranch Park Asso
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • Amenities Horses2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Appliances Included Low Flow Fixtures2: Yes
  • Site Improvements Cable TV3: Yes
  • WaterSewer Septic Req: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • AssocPark Amenities Security: Yes
  • AssocPark Fee Incl Security2: Yes
  • Appliances Included Central Vac2: Yes
  • Other Buildings Greenhouse2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Security Monitored2: Yes
  • AssocPark Amenities Lake: Yes
  • Proximity Lake2: Yes
  • Security Patrol2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 4.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater, Central Vac, Dishwasher, Disposal, Double Oven, Gas Stove, Low Flow Fixtures
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Other, 2+, Gas, LR
  • Total Bedrooms: 15
  • Appliances Included:Tankless Water Heater: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Setting, Wooded
  • Construction Type: Stucco
  • Acres: 2.24
  • Exterior Features: Pool, Deck, Patio Open, SPA-Outside, Gazebo, Lawn, Fruit Trees, Wooded, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Slab, Mixed

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Gar #4, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 063-081-039
  • Zoning: R-1
  • Lot Size Sq Ft: 97574.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
May 14, 2024
Sold by
Brown Family Trust and Noxon Family Trust
Bought by
Four Quartet Trust and Perren
Seller's Agent
Linda Lorenzen
Sotheby's International Realty
Buyer's Agent
Patty Murphy
Pitts & Bachmann Realtors
List Price
$7,995,000
Sold Price
$7,695,000
Premium/Discount to List
-$300,000
-3.75%
Views
51
Current Estimated Value
$7,379,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$315,448
Avg. Annual Appreciation
-4.89%
Original Mortgage
$3,495,000
Outstanding Balance
$3,453,336
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$3,784,749

Purchase Details

Listed on
Sep 3, 2020
Closed on
Feb 10, 2021
Sold by
Self David C and Self Diana M
Bought by
Brown David and Brown Family Trust
Seller's Agent
John Villar
John Villar & Associates
Buyer's Agent
Alexander Gallop
Coldwell Banker Realty
List Price
$4,250,000
Sold Price
$4,000,000
Premium/Discount to List
-$250,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.30%
Original Mortgage
$2,000,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2005
Sold by
Scanlon Joan M
Bought by
Self David C and Self Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 20, 2003
Sold by
Scanlon John E
Bought by
Scanlon Joan M

Purchase Details

Closed on
May 5, 2003
Sold by
Stone Patrick F and Stone Vicki
Bought by
Stone Patrick and Stone Vicki

Purchase Details

Closed on
Feb 1, 1996
Sold by
Rubi Virginia R
Bought by
Stone Patrick F and Stone Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
7%
Source: Public Records

Range of Values:

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Sold Price
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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
Four Quartet Trust $7,695,000 Chicago Title Company
Brown David $4,000,000 Chicago Title Company
Self David C -- Lawyers Title Company
Scanlon Joan M -- Fidelity National Title Co
Scanlon Joan M -- Fidelity National Title Co
Stone Patrick -- --
Stone Patrick F $880,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Four Quartet Trust $2,000,000
Open Four Quartet Trust $3,495,000
Previous Owner Brown David $2,000,000
Previous Owner Self David C $782,000
Previous Owner Self David C $1,000,000
Previous Owner Self David C $2,000,000
Previous Owner Stone Patrick F $200,000
Previous Owner Stone Patrick F $1,400,000
Previous Owner Stone Patrick F $75,000
Previous Owner Stone Patrick F $349,250
Previous Owner Stone Patrick F $704,000
Closed Self David C $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $7,695,000 -3.8% $1,734 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $7,995,000 +99.9% $1,801 / Sq Ft
02/23/2021 02/23/21 Sold $4,000,000 -5.9% $832 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
09/03/2020 09/03/20 For Sale $4,250,000 -- $884 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $45,766 $7,848,900 $4,794,000 $3,054,900
2023 $45,766 $4,161,600 $2,184,840 $1,976,760
2022 $43,900 $4,080,000 $2,142,000 $1,938,000
2021 $42,243 $4,000,000 $1,900,000 $2,100,000
2020 $37,715 $3,572,000 $1,862,000 $1,710,000
2019 $37,323 $3,572,000 $1,862,000 $1,710,000
2018 $35,548 $3,402,000 $1,773,000 $1,629,000
2017 $33,879 $3,240,000 $1,689,000 $1,551,000
2016 $30,595 $2,945,000 $1,535,000 $1,410,000
2014 $29,645 $2,830,000 $1,475,000 $1,355,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1144

Santa Barbara Multiple Listing Service

APN: 063-081-039