NOT LISTED FOR SALE

Estimated Value: $1,229,889 - $2,127,000

45.99 Acres
$36,496 Price per Acre
2,003,324 Sq Ft Lot

Last Sold December 07, 2021

Last sale price $850,000

Est. 97% increase in value since last sale

Current estimated payment $9,571/month

483 Days on Market

Highlights

  • Ocean View
  • 45.99 Acre Lot
  • Property is near shops
  • Property is near an ocean
  • Mountainous Lot

About This Lot

As of December 2021

46 acres - King of the hill, panoramic ocean view lot. This is the last vacant, view parcel in prestigious and gated upper Toro Canyon. Two building sites on 2+ acre ridge-top leveled clearing provide unbelievable, commanding views of ocean, island, cities, mountain and harbor. Just minutes from the Upper Montecito Village, Summerland and beaches.

Last Agent to Sell the Property

Jody Neal

Berkshire Hathaway HomeServices California Properties License #01995725 Listed on: 10/08/2020

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Kathy Spieler

Berkshire Hathaway HomeServices California Properties License #00851281

Last Buyer's Agent

Maureen McDermut

Sotheby's International Realty License #01175027

Property Details

Property Type

  • Land

Lot Details

  • 45.99 Acre Lot
  • Steep Slope
  • Mountainous Lot

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Location

  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 155-020-025

Community Details

Overview

  • 05 Summerland Subdivision

Recreation

  • Property is near an ocean

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: From East Valley Rd.,take to Toro Canyon Rd north. About 5 minutes up, the gate for 1094 will be on the right. From the base of Toro Canyon Rd., at East Valley (192) take a right at Toro Canyon Rd.
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Steep Slope, Mountain
  • Co List Office Mls Id: prucal
  • Co List Office Phone: 805-687-2666
  • Subdivision Name: 05 - Summerland
  • Property Information Apx # Acres: 45.99
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Mountain3: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Shopping2: Yes
  • ViewOcean: Yes
  • View Setting3: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • LocationTopo Steep2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Ocean, City, Harbor, Panoramic, Setting
  • Acres: 45.99
  • Topography: Mountain, Steep

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 155-020-025
  • Zoning: Other
  • Lot Size Sq Ft: 2003324.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 2, 2021
Sold by
Henry Christian and The Cbh1 2014 Trust
Bought by
Gai 5 Incorporated
Seller's Agent
Jody Neal
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Maureen McDermut
Sotheby's International Realty
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$1,678,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,445
Avg. Annual Appreciation
18.15%

Purchase Details

Closed on
Feb 9, 2016
Sold by
Henry Chris
Bought by
Henry Christian

Purchase Details

Listed on
Nov 1, 2011
Closed on
Aug 28, 2012
Sold by
Spicer Kerby M
Bought by
Henry Chris
Seller's Agent
John Henderson
Village Properties
Buyer's Agent
John Henderson
Village Properties
List Price
$995,000
Sold Price
$400,000
Premium/Discount to List
-$595,000
-59.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$200,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gai 5 Incorporated $850,000 Chicago Title Company
Henry Christian -- None Available
Henry Chris $400,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henry Chris $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2021 12/07/21 Sold $850,000 -5.5% --
11/02/2021 11/02/21 Pending -- -- --
07/07/2020 07/07/20 For Sale $899,000 +124.8% --
09/05/2012 09/05/12 Sold $400,000 -59.8% -- View Prior Sale
08/28/2012 08/28/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $995,000 -- --
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 $9,648 $902,026 $902,026 --
2023 $9,648 $867,000 $867,000 $0
2022 $9,306 $850,000 $850,000 $0
2021 $5,115 $455,058 $455,058 $0
2020 $5,060 $450,392 $450,392 $0
2019 $4,961 $441,561 $441,561 $0
2018 $4,880 $432,903 $432,903 $0
2017 $4,520 $424,415 $424,415 $0
2016 $4,442 $416,094 $416,094 $0
2015 $4,392 $409,844 $409,844 $0
2014 $4,130 $401,816 $401,816 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2551

Santa Barbara Multiple Listing Service

APN: 155-020-025