NOT LISTED FOR SALE

1122 E Mountain Dr Montecito, CA 93108

Estimated Value: $7,199,000 - $20,855,366

5 Beds
6.5 Baths
8,628 Sq Ft
$1,595/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $13,750,000 $1,594 Per Sq Ft

Current estimated payment $83,109/month

Highlights

  • Ocean View
  • Guest House
  • 20 Acre Lot
  • Cold Spring Elementary School Rated A+
  • Outdoor Pool
  • Fireplace in Primary Bedroom

About This Home

As of March 2015

Unparalleled 180 degree ocean & island views complement the exquisite architecture of this contemporary Mediterranean villa. Occupying approx. 20 hilltop acres, the private estate boasts airy interiors opening to expansive view loggias, a sumptuous infinity pool & inviting guest house. High quality construction & well water. Welcome to lavish Montecito living in this luxurious coastal estate.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 03/07/2015

Last Buyer's Agent

Toni Mochi

Village Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 20 Acre Lot
  • Irrigation
  • Hilly Lot
  • Lawn
  • Property is in excellent condition

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 8,628 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Parking

  • Detached Garage
  • Uncovered Parking

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch

Additional Homes

  • Guest House

Schools

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

Utilities

  • Shared Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 011-010-010

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2015
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Medit
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2015
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 20.0
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Hilly2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Septic In: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • ViewOcean: Yes
  • WaterSewer Shared Well: Yes
  • ParkingGarage Detached: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, 2+, LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, City, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 20.0
  • Topography: Hilly
  • Exterior Features: Pool, Patio Open, Patio Covered, Lawn, Yard Irrigation PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Unc #4, Detached

Utilities

  • Water Source: Shared Well, Mont Wtr

Schools

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

Lot Info

  • Parcel #: 011-010-010
  • Zoning: Other
  • Lot Size Sq Ft: 871200.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2015
Closed on
Mar 16, 2015
Sold by
Emd Properties Llc
Bought by
Schwartz Eric
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Toni Mochi
Village Properties
List Price
$13,950,000
Sold Price
$13,750,000
Premium/Discount to List
-$200,000
-1.43%
Current Estimated Value
$13,759,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,455
Avg. Annual Appreciation
0.01%

Purchase Details

Closed on
May 14, 2007
Sold by
Bollag Benjamin and Bollag Naomi
Bought by
Emd Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 2, 2005
Sold by
Bnb Associates Lp
Bought by
Bollag Benjamin

Purchase Details

Closed on
Nov 19, 2003
Sold by
Property Guarantee Co Inc
Bought by
Bnb Associates Lp

Purchase Details

Closed on
Apr 6, 2000
Sold by
Abrams George S
Bought by
Catlett Forrest Wayne and Catlett Annemarie H
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
Schwartz Eric $13,750,000 Chicago Title Company
Emd Properties Llc -- Chicago Title Company
Bollag Benjamin -- --
Bnb Associates Lp $2,413,000 Title Trust Deed Service Co
Catlett Forrest Wayne -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emd Properties Llc $3,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2015 03/19/15 Sold $13,750,000 -1.4% $1,594 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $13,950,000 -- $1,617 / 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 $132,211 $13,885,000 $5,400,000 $8,485,000
2023 $132,211 $11,476,000 $4,463,000 $7,013,000
2022 $118,235 $11,250,000 $4,375,000 $6,875,000
2021 $126,887 $12,100,000 $4,840,000 $7,260,000
2020 $157,160 $15,110,411 $5,494,695 $9,615,716
2019 $155,177 $14,814,129 $5,386,956 $9,427,173
2018 $123,858 $11,812,485 $4,753,196 $7,059,289
2017 $149,579 $14,238,880 $5,177,775 $9,061,105
2016 $145,169 $13,959,687 $5,076,250 $8,883,437
2014 $86,510 $8,232,000 $3,932,000 $4,300,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Riskin

    Seller's Agent in 2015

    Robert Riskin

    Village Properties

    (805) 698-0199

    141 in this area

    211 Total Sales

    Robert Riskin
    Section Image

  • T

    Buyer's Agent in 2015

    Toni Mochi

    Village Properties

  • G

    Buyer Co-Listing Agent in 2015

    George Logan

    Village Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-740

Santa Barbara Multiple Listing Service

APN: 011-010-010

California Santa Barbara County Montecito 93108

1122 E Mountain Dr, Montecito, CA

Not Listed for Sale

Detached

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