NOT LISTED FOR SALE

Estimated Value: $8,457,000 - $17,636,542

7 Beds
7 Baths
8,770 Sq Ft
$1,488/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $13,500,000 $1,539 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $85,301/month

119 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Wine Cellar
  • Warner Avenue Elementary Rated A
  • Heated Indoor Pool
  • Sauna

About This Home

As of December 2014

Santa Barbara in the city. Few homes enjoy such a privileged position as the Falconview Estate, a Mediterranean style oasis perched on a 3.5 acre private knoll overlooking the leafy locale of the canyon below with the city in the background. This romantic sanctuary offers unparalleled privacy and escape, naturally protected by the surrounding landscape as well as a grand security gate. Designed to suit all occasions from relaxing after a day at work to entertaining and hosting guests. The estate features a one acre park, hiking trails, sushi bar, indoor/outdoor swimming pool, private guest apartment, wine cellar, and three kitchens including chefs kitchen. The 1/3-mile long private driveway accommodates parking for over 40 cars. Included lower lot has its own APN number and can be subdivided for another home built, or customized and made into a guesthouse, recording studio, collectible car garage, tennis court or vineyard.

Last Agent to Sell the Property

Alphonso Lascano

Carolwood Estates License #01723550 Listed on: 07/22/2014

Carolwood Estates

Co-Listed By

Bjorn Farrugia

Carolwood Estates License #01864250

Last Buyer's Agent

Kim Mac Donald

No Firm Affiliation License #01166310

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $189,475

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 3.58 Acre Lot
  • South Facing Home
  • Gated Home
  • Property is zoned LARE40

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Hills
  • Park or Greenbelt

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 8,770 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Dry Bar
  • Beamed Ceilings
  • Two Story Ceilings
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 5 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Storage
  • Sauna
  • Partial Basement
  • Alarm System

Kitchen

  • Breakfast Bar
  • Double Convection Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Marble Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone
  • Travertine

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Powder Room
  • Maid or Guest Quarters
  • Fireplace in Bathroom
  • Double Vanity
  • Bidet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Parking

  • 40 Car Attached Garage
  • Circular Driveway
  • Automatic Gate

Pool

  • Heated Indoor Pool
  • Heated Infinity Pool
  • Heated Spa
  • In Ground Spa
  • Pool Tile

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Additional Homes

  • Attached Guest House
  • Fireplace in Guest House

Utilities

  • Air Conditioning
  • Central Heating
  • Vented Exhaust Fan
  • Water Purifier
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 4370-018-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$189,475

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 8770
  • Lot Acreage: 3.5800
  • Lot Dimensions: A3.58
  • Property Condition: Updated/Remodeled
  • Year Built: 1988
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: 2 Staircases, Bar, Basement - Partial, Beamed Ceiling(s), Bidet, Dry Bar, High Ceilings (9 Feet+), Hot Tub, Laundry Chute, Living Room Balcony, Mirrored Closet Door(s), Open Floor Plan, Pre-wired for high speed Data, Pre-wired for surround sound, Storage Space, Sunken Living Room, Two Story Ceilings, Wet Bar
  • Fireplace Rooms: Bath, Family Room, Guest House, Library, Living Room, Master Bedroom
  • Flooring: Hardwood, Stone Tile, Travertine
  • Appliances: Built-In BBQ, Built-In Electric, Built-In Gas, Convection Oven, Cooktop - Gas, Double Oven, Microwave
  • Bedrooms: 7
  • Fireplaces: 5
  • Full Bathroom: 3
  • Half Bathroom: 2
  • Bedroom Features: WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Double Vanity(s)
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Breakfast Room, Dining Area, Family Kitchen, Family Room
  • Kitchen Features: Marble Counters
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Antenna, Barbeque, Bar Ice Maker, Built-Ins, Cable, Central Vacuum, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Satellite, Trash Compactor, Vented Exhaust Fan, Washer, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 1709.81

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Guest House: Attached
  • Patio: Balcony
  • Pool Description: Above Ground, Heated And Filtered, In Ground, Indoor, Negative Edge/Infinity Pool, Tile
  • Pool: Yes
  • Spa: Heated, Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Canyon, Catalina, City, City Lights, Green Belt, Hills, Mountains, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 40
  • Parking Garage: Circular Driveway, Driveway, Driveway - Concrete, Garage - 4+ Car, Garage Is Attached
  • Total Parking: 40

Utilities

  • TV Svcs: Cable TV, Tv Satellite Dish
  • Cooling: Air Conditioning
  • Heating: Central, Combination
  • Security: Automatic Gate, Gated

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4370-018-027
  • Geocode Override: No
  • Lot Description: 2-4 Lots
  • Lot Size Area: 155920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2014
Closed on
Jan 1, 2015
Sold by
Plein Philipp
Bought by
Chateau Falconview Llc
Seller's Agent
Alphonso Lascano
Carolwood Estates
Buyer's Agent
Kim Mac Donald
No Firm Affiliation
List Price
$17,800,000
Sold Price
$13,500,000
Premium/Discount to List
-$4,300,000
-24.16%
Current Estimated Value
$13,046,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$453,229
Avg. Annual Appreciation
0.42%

Purchase Details

Listed on
Jul 22, 2014
Closed on
Nov 4, 2014
Sold by
Antebi Steven and Antebi Donna
Bought by
Plein Philipp
Seller's Agent
Alphonso Lascano
Carolwood Estates
Buyer's Agent
Kim Mac Donald
No Firm Affiliation
List Price
$17,800,000
Sold Price
$13,500,000
Premium/Discount to List
-$4,300,000
-24.16%

Purchase Details

Closed on
May 23, 2014
Sold by
Antebi Steven and Antebi Donna
Bought by
Antebi Steven S and Antebi Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2013
Sold by
Antebi Steven S and Antebi Donna L
Bought by
Antebi Steven and Antebi Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.51%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 23, 2002
Sold by
Antebi Steven and Antebi Donna Estes
Bought by
Antebi Steven and Antebi Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,908,146
Interest Rate
6.17%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Antebi Steven
Bought by
Antebi Steven and Antebi Donna Estes
Source: Public Records

Range of Values:

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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
Chateau Falconview Llc -- Title 365
Plein Philipp $13,500,000 Title 365
Antebi Steven S -- Fidelity National Title
Antebi Steven -- None Available
Antebi Steven S -- Fidelity Van Nuys
Antebi Steven -- Old Republic Title Company
Antebi Steven -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antebi Steven S $300,000
Previous Owner Antebi Steven S $500,000
Previous Owner Antebi Steven S $650,000
Previous Owner Antebi Steven $800,000
Previous Owner Antebi Steven $3,400,000
Previous Owner Antebi Steven $2,908,146
Previous Owner Antebi Steven $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2014 12/04/14 Sold $13,500,000 -10.0% $1,539 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
09/04/2014 09/04/14 Price Changed $14,995,000 -15.8% $1,710 / Sq Ft
07/22/2014 07/22/14 For Sale $17,800,000 -- $2,030 / Sq Ft
Source: The MLS

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 $189,475 $52,055,671 $21,802,571 $30,253,100
2024 $189,475 $15,667,909 $15,667,909 --
2023 $185,751 $15,360,696 $15,360,696 $0
2022 $177,065 $15,059,506 $15,059,506 $0
2021 $175,049 $14,764,222 $14,764,222 $0
2019 $170,218 $14,326,307 $11,885,529 $2,440,778
2018 $169,123 $14,045,400 $11,652,480 $2,392,920
2016 $164,322 $13,705,874 $11,370,799 $2,335,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-779587

The MLS

APN: 4370-018-030