NOT LISTED FOR SALE

Estimated Value: $6,432,000 - $15,866,046

4 Beds
6 Baths
4,442 Sq Ft
$2,510/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2019

Last sale price $13,000,000 $2,927 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $73,350 / mo

9 Days on Market

Highlights

  • Additional Residence on Property
  • Ocean View
  • Property is near an ocean
  • Santa Barbara Senior High School Rated A-
  • Pool House
  • Updated Kitchen

About This Home

As of August 2019

Come to the beach! Experience the best of Montecito from this single level residence on an exceptional flat acre with drop dead views of the Pacific Ocean, Channel Islands and only moments to Butterfly Beach, the Four Seasons Biltmore and all the shops and restaurants along Coast Village Road. This magnificent tropical style contemporary home is extremely versatile and offers 4 en-suite bedrooms, a pool, spa and pool cabana plus a one bedroom guest house all behind gates and surrounded by lush canopies of vegetation providing the ultimate private beach getaway or full time residence. Ocean views and the ideal coastal life are at your doorstep, just bring towels!

Last Agent to Sell the Property

Nancy Kogevinas

Sotheby's International Realty License #01209514 Listed on: 07/22/2019

Sotheby's International Realty

Last Buyer's Agent

Lori Bowles

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 1 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Direct Access Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,442 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Ocean Views
  • Home Security System

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Guest Quarters

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Pool

  • Pool House
  • Spa

Outdoor Features

  • Property is near an ocean
  • Deck
  • Covered Patio or Porch

Additional Homes

  • Additional Residence on Property

Location

  • Ground Level Unit
  • Property is near park, schools, and shops

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 009-352-036

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

1 Acres

Listing Details

  • Directions: South of the 101 freeway take Olive Mill Road go right on Hill Road, property is on the left
  • Prop. Type: Residential
  • Year Built: 2009
  • Reso Interior Features: Cathedral Ceiling(s)
  • ResoPoolFeatures: Outdoor Pool
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Reso Flooring: Carpet, Hardwood, Stone
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Pool House, Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2009
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 4442.0
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • Amenities Grnd Unit: Yes
  • Laundry 220V Elect2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Dishwasher, Disposal
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room

Exterior Features

  • Roof: Composition
  • View: Ocean, Setting
  • Construction Type: Stucco
  • Fencing: Full
  • Acres: 1.0
  • Topography: Level
  • Exterior Features: SPA-Outside, Lawn, Fruit Trees
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Deck, Covered

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Inside Entrance, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Radiant Floor
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: Yes

Schools

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

Lot Info

  • Parcel #: 009-352-036
  • Zoning: E-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Bought by
Current Estimated Value
$11,149,023

Purchase Details

Listed on
Jul 22, 2019
Closed on
Aug 20, 2019
Sold by
Bought by
Seller's Agent
Nancy Kogevinas
Sotheby's International Realty
Buyer's Agent
Lori Bowles
Coldwell Banker Realty
List Price
$13,000,000
Sold Price
$13,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.19%
Original Mortgage
$9,100,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jan 18, 2017
Sold by
Bought by
Seller's Agent
Phyllis Noble
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$17,200,000
Sold Price
$12,500,000
Premium/Discount to List
-$4,700,000
-27.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%

Purchase Details

Closed on
Aug 25, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 18, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
$13,000,000 Chicago Title Company
$12,500,000 Fidelity National Title Co
-- Fidelity National Title Co
-- Equity Title Company Santa B
-- Chicago Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $9,115,000
Previous Owner $9,100,000
Previous Owner $9,750,000
Previous Owner $3,000,000
Previous Owner $179,589
Previous Owner $1,000,000
Previous Owner $6,000,000
Previous Owner $10,000,000
Previous Owner $3,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2019 08/23/19 Sold $13,000,000 0.0% $2,927 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $13,000,000 +4.0% $2,927 / Sq Ft
03/07/2017 03/07/17 Sold $12,500,000 0.0% $2,715 / Sq Ft View Prior Sale
03/02/2017 03/02/17 Sold $12,500,000 -27.3% $2,715 / Sq Ft View Prior Sale
12/27/2016 12/27/16 Pending -- -- --
12/24/2016 12/24/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $17,200,000 0.0% $3,736 / Sq Ft
03/07/2016 03/07/16 For Sale $17,200,000 -- $3,736 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $151,218 $14,741,036 $10,039,670 $4,701,366
2025 $148,450 $14,451,997 $9,842,814 $4,609,183
2023 $148,450 $13,782,319 $9,460,606 $4,321,713
2022 $141,476 $13,457,372 $9,275,104 $4,182,268
2021 $137,209 $13,134,679 $9,093,240 $4,041,439
2020 $135,846 $13,000,000 $9,000,000 $4,000,000
2019 $135,676 $13,005,000 $8,843,400 $4,161,600
2018 $133,075 $12,750,000 $8,670,000 $4,080,000
2017 $128,206 $12,254,806 $8,341,642 $3,913,164
2016 $124,341 $12,014,517 $8,178,081 $3,836,436
2015 $122,344 $11,814,349 $8,055,239 $3,759,110
2014 -- $11,582,923 $7,897,448 $3,685,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2534

Santa Barbara Multiple Listing Service

APN: 009-352-036

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