NOT LISTED FOR SALE

1027 Cima Linda Ln Santa Barbara, CA 93108

Eucalyptus Hill Neighborhood

Estimated Value: $4,940,000 - $13,818,590

4 Beds
5.5 Baths
8,850 Sq Ft
$1,117/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $12,100,000 $1,367 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $62,590/month

11 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • Outdoor Pool
  • 1.97 Acre Lot

About This Home

As of March 2023

Sweeping ocean, island, and harbor view span the horizon at this sprawling estate. Located in one of Montecito's premier view neighborhoods, this two-story Tuscan villa-style estate is set on 1.97± acres with quintessential Santa Barbara views. Elegance and romanticism are illuminated throughout the 8,850± sf residence with 4 beds, and 4.5 baths, including two primary suites, an elevator, grand living and dining rooms, a gourmet kitchen seamlessly flowing to the breakfast and family room, and a swanky library. The estate is imbued with stately stone columns, cheerful arches, metal windows, indoor-outdoor living with ocean view terraces, loggias and balconies, a pool, outdoor kitchen, a 400± sf studio with a full bath, and 3-car garage.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 02/17/2023

Last Buyer's Agent

Eric Haskell

The Agency License #01866805

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 1.97 Acre Lot
  • Dog Run
  • Partially Fenced Property
  • Artificial Turf
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Detached Garage

Property Views

  • Ocean
  • Island
  • Coastline
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 8,850 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Drapes & Rods
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck
  • Covered Patio or Porch
  • Fireplace in Patio
  • Office or Studio
  • Shed
  • Built-In Barbecue

Schools

  • Cleveland Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Sewer Stub Out

Additional Features

  • Accessible Elevator Installed
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 015-202-005

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: From Hot Springs, turn left or right onto Alston. From Alston turn left on Cima Linda Lane.
  • Prop. Type: Residential
  • Year Built: 1992
  • ResoWindowFeatures: Drapes
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Sloped Down
  • ResoSecurityFeatures: Security System
  • Reso Accessibility Features: Accessible Elevator Installed
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Studio, Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1992
  • Property Information Apx # Acres: 1.97
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Drapes: Yes
  • Property Information Main House SqFt: 8850.0
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Other Buildings Studio: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Dog Run2: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • ParkingGarage Detached: Yes
  • LocationTopo Downslope2: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • Rooms LbryStudy: Yes
  • Amenities Elevator4: Yes
  • Fireplace(s) Patio3: Yes
  • Handicapped Access Elevator3: Yes
  • View City4: Yes
  • GroundsLandscaping Artificial Turf: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Double Oven, Dryer, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Primary Bedroom, Family Room, Patio
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Islands, Coastline, Ocean, City, Setting, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 1.97
  • Topography: Downslope, Level
  • Exterior Features: Other, Pool, Deck, Patio Open, Patio Covered, Dog Run, Lawn, Fruit Trees, Wooded, Yard Irrigation T/O, Fenced: PRT
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Detached

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 015-202-005
  • Zoning: R-1
  • Lot Size Sq Ft: 85813.2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 9, 2023
Sold by
Cima Vista Llc
Bought by
Cima Linda Llc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Eric Haskell
The Agency
List Price
$12,500,000
Sold Price
$12,100,000
Premium/Discount to List
-$400,000
-3.2%
Views
101
Current Estimated Value
$9,888,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,211,470
Avg. Annual Appreciation
-6.98%

Purchase Details

Listed on
May 8, 2012
Closed on
May 10, 2013
Sold by
Sansone Carlotta and Sansone Joseph C
Bought by
Cima Vista Llc
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Terrence Ryken
Sotheby's International Realty
List Price
$6,750,000
Sold Price
$6,227,000
Premium/Discount to List
-$523,000
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$4,000,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2012
Closed on
Apr 24, 2013
Sold by
Packer Kate
Bought by
Cima Vista Llc
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Terrence Ryken
Sotheby's International Realty
List Price
$6,750,000
Sold Price
$6,227,000
Premium/Discount to List
-$523,000
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2006
Sold by
Packer Kate
Bought by
Packer Kate

Purchase Details

Closed on
Nov 8, 2001
Sold by
Northern Trust Bank
Bought by
Packer Kate
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Cima Linda Llc $12,100,000 Chicago Title
Cima Vista Llc -- Chicago Title Company
Cima Vista Llc $6,227,000 Chicago Title Company
Packer Kate -- None Available
Packer Kate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cima Vista Llc $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2023 03/24/23 Sold $12,100,000 -3.2% $1,367 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $12,500,000 +100.7% $1,412 / Sq Ft
05/14/2013 05/14/13 Sold $6,227,000 -7.7% $676 / Sq Ft View Prior Sale
04/01/2013 04/01/13 Pending -- -- --
05/08/2012 05/08/12 For Sale $6,750,000 -- $733 / 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 $130,593 $12,588,840 $4,941,900 $7,646,940
2023 $130,593 $7,370,335 $2,635,896 $4,734,439
2022 $76,827 $7,225,819 $2,584,212 $4,641,607
2021 $75,071 $7,084,138 $2,533,542 $4,550,596
2020 $74,299 $7,011,500 $2,507,564 $4,503,936
2019 $73,004 $6,874,021 $2,458,397 $4,415,624
2018 $71,972 $6,739,238 $2,410,194 $4,329,044
2017 $69,596 $6,607,097 $2,362,936 $4,244,161
2016 $67,645 $6,477,547 $2,316,604 $4,160,943
2014 $65,799 $6,255,270 $2,237,110 $4,018,160
Source: Public Records

Agents Affiliated with this Home

  • Robert Riskin

    Seller's Agent in 2023

    Robert Riskin

    Village Properties

    (805) 698-0199

    14 in this area

    210 Total Sales

    Robert Riskin
    Section Image
  • Eric Haskell

    Buyer's Agent in 2023

    Eric Haskell

    The Agency

    (805) 570-7243

    1 in this area

    77 Total Sales

    Eric Haskell
    Section Image
  • Nancy Kogevinas

    Seller's Agent in 2013

    Nancy Kogevinas

    Berkshire Hathaway HomeServices California Properties

    (805) 450-6233

    17 in this area

    221 Total Sales

    Nancy Kogevinas
    Section Image
  • Linos Kogevinas

    Seller Co-Listing Agent in 2013

    Linos Kogevinas

    Berkshire Hathaway HomeServices California Properties

    (805) 677-2013

    Linos Kogevinas
    Section Image

  • T

    Buyer's Agent in 2013

    Terrence Ryken

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-443

Santa Barbara Multiple Listing Service

APN: 015-202-005

California Santa Barbara County Santa Barbara 93103 Eucalyptus Hill

1027 Cima Linda Ln, Santa Barbara, CA

Not Listed for Sale

Detached

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