Seller's Agent in 2024
Don Johnston
Sotheby's International Realty
(310) 880-6566
2 in this area
6 Total Sales
1130 E Mountain Dr Santa Barbara, CA 93108
Estimated Value: $8,535,000 - $12,756,950
4
Beds
7
Baths
5,859
Sq Ft
$1,855/Sq Ft
Est. Value
Highlights
- Ocean View
- Spa
- Fruit Trees
- Cold Spring Elementary School Rated A+
- 6.99 Acre Lot
- Maid or Guest Quarters
About This Home
As of August 2024Welcome to a breathtaking modern contemporary home in the heart of Montecito, set on 6.99-acres, with 360-degree panoramic views of the ocean, islands, and surrounding mountains. A spectacular design by architect John Kelsey, this exquisite property seamlessly blends luxury and nature, where expansive, airy spaces open effortlessly onto sweeping view terraces.
From the moment you enter, you're greeted by a grand open layout that enhances the natural light and showcases the stunning vistas at every turn. The design emphasizes indoor/outdoor living, with walls of glass that disappear to merge the interior with the spectacular outdoor spaces. Step out to the infinity pool, where you can bask in the serenity of uninterrupted ocean and mountain views. The generous primary suite on the main level is a sanctuary, featuring floor-to-ceiling windows framing awe-inspiring ocean views with large patio terrace, dual walk-in closets, a private office and fireplace.
Two beautifully appointed bedroom suites with ocean view terraces on the second floor, and an additional bedroom suite with mountain view terrace located outside the main house, offering private entrance, perfect as a guest retreat.
Last Agent to Sell the Property
Sotheby's International Realty License #01868263 Listed on: 06/17/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01209514
Home Details
Home Type
- Single Family
Year Built
- Built in 2003
Lot Details
- 6.99 Acre Lot
- Gated Home
- Level Lot
- Hilly Lot
- Fruit Trees
- Lawn
- Property is in excellent condition
- Property is zoned E-1
Parking
- 3 Car Garage
Property Views
- Ocean
- Island
- Panoramic
- Mountain
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Slab Foundation
- Stucco
Interior Spaces
- 5,859 Sq Ft Home
- 2-Story Property
- Wet Bar
- Sound System
- Skylights
- Multiple Fireplaces
- Gas Fireplace
- Drapes & Rods
- Blinds
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Home Office
Kitchen
- Breakfast Area or Nook
- Double Oven
- Built-In Gas Range
- Stove
- Dishwasher
- Trash Compactor
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Spa
- Outdoor Pool
Outdoor Features
- Deck
- Built-In Barbecue
Schools
- Cold Spring Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- Shared Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 011-250-013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2024
Closed on
Aug 19, 2024
Sold by
Hutchins Family Trust and Hutchins Ward F
Bought by
Mountain Drive Llc
Seller's Agent
Don Johnston
Sotheby's International Realty
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$12,995,000
Sold Price
$11,050,000
Premium/Discount to List
-$1,945,000
-14.97%
Views
130
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$183,017
Avg. Annual Appreciation
-1.21%
Purchase Details
Closed on
Apr 9, 2008
Sold by
Scher Joseph S
Bought by
Hutchins Ward F and Hutchins Roberta Loyd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,250,000
Interest Rate
6.11%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 15, 2005
Sold by
Scher Joseph S
Bought by
Scher Joseph S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.25%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mountain Drive Llc | $11,050,000 | Chicago Title | |
| Hutchins Ward F | -- | Lawyers Title Company | |
| Scher Joseph S | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hutchins Ward F | $5,250,000 | |
| Previous Owner | Scher Joseph S | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $11,050,000 | -15.0% | $1,886 / Sq Ft |
| 08/16/2024 08/16/24 | Pending | -- | -- | -- |
| 06/17/2024 06/17/24 | For Sale | $12,995,000 | -- | $2,218 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $107,004 | $11,050,000 | $5,500,000 | $5,550,000 |
| 2023 | $107,004 | $9,308,000 | $3,825,000 | $5,483,000 |
| 2022 | $95,668 | $9,125,000 | $3,750,000 | $5,375,000 |
| 2021 | $76,454 | $7,300,000 | $3,000,000 | $4,300,000 |
| 2020 | $72,796 | $7,000,000 | $3,000,000 | $4,000,000 |
| 2019 | $53,488 | $5,100,000 | $2,100,000 | $3,000,000 |
| 2018 | $92,441 | $8,834,000 | $4,547,000 | $4,287,000 |
| 2017 | $92,694 | $8,834,000 | $4,547,000 | $4,287,000 |
| 2016 | $87,411 | $8,413,000 | $4,330,000 | $4,083,000 |
| 2014 | $82,239 | $7,855,000 | $4,043,000 | $3,812,000 |
Source: Public Records
Agents Affiliated with this Home
-
Don Johnston
-
Nancy Kogevinas
Buyer's Agent in 2024
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
(805) 450-6233
115 in this area
221 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-1964
APN: 011-250-013
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