NOT LISTED FOR SALE

Estimated Value: $6,145,000 - $16,046,248

4 Beds
6 Baths
7,858 Sq Ft
$1,332/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2019

Last sale price $4,937,500 $628 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $63,092 / mo

283 Days on Market

Highlights

  • Ocean View
  • Spa
  • Deck
  • Cold Spring Elementary School Rated A+
  • 2.06 Acre Lot
  • Main Floor Bedroom

About This Home

As of February 2019

Arguably the best unobstructed ocean, island and harbor views you can capture in Montecito are found at this one of a kind offering. Beautiful iron gates lead you to this very private 2 acre Pepper Hill estate, originally designed by the renowned architect, Jack Warner, who is recognized locally as an authority within the field of luxury home design. An incredibly spacious floor plan & voluminous ceilings throughout take full advantage of the views with walls of glass. A stunning entry atrium, and formal and informal spaces create an opportunity for many different lifestyles. Completing this very rare gem is a lavish pool and spa, 2 car garage, and raised rose gardens. All of this just minutes to the lower village of Montecito and the beach. Upon peering through the front door, you are welcomed by a dynamic glass atrium with lush plants and water features. The property truly has tremendous scale with soaring ceilings, huge windows, wide hallways and high door frames.
The formal living room with fireplace, which backs up to the glass atrium, has sweeping, panoramic ocean views that are truly astounding. The formal living room boasts three sets of French doors that open to a wrap around deck overlooking more beautiful ocean views. In the adjacent formal dining room, which is south-facing, views are center stage. This large, regal dining room is suitable for intimate dinners or larger gatherings. Just off the Easterly end of the formal living room is a south-facing office which is extremely spacious and offers more expansive views of the sea. The family room has charming French doors that open directly to the tile patio with pool and spa. Much like the rest of the residence, the pool area receives lovely ocean views framed between the property's mature palm trees.

With over 7,000 square feet of living space, 1140 Glenview is abundantly spacious and grand. The master suite boasts very tall ceilings and three charming windows with seating beneath. The lower level of the residence is vastly expansive and features two additional guest suites, both with an en-suite bath, plus an additional living room. Both guest suites on the lower level receive more gorgeous ocean views and open to a private outdoor patio space. The separation and seclusion between the upper level and lower of the residence makes this property flexible for many different lifestyles and needs.

With 2 acres of land, flowing living space, immense privacy and unrivaled views, this property offers a rare opportunity at a site that cannot be replicated.

Last Agent to Sell the Property

Grubb Campbell Group

Village Properties License #01236143 / 01410304 Listed on: 10/24/2018

Last Buyer's Agent

Grubb Campbell Group

Village Properties License #01236143 / 01410304 Listed on: 10/24/2018

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 2.06 Acre Lot
  • Fenced
  • Property is in good condition

HOA Fees

  • $67 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor
  • Panoramic

Home Design

  • Wood Siding
  • Stucco

Interior Spaces

  • 7,858 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 6 Full Bathrooms

Parking

  • Detached Garage
  • Carport

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 009-021-056

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

2.06 Acres

HOA Fees

$67 per month

Listing Details

  • Association Fee: APPROX $800/YEAR
  • Prop. Type: Residential
  • Year Built: 1966
  • Reso Property Sub Type: Home/Estate
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1966
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.06
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • Property Information Within City Limits: No
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • View Harbor2: Yes
  • Rooms LbryStudy: Yes
  • ParkingGarage Cpt #22: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • View: Ocean, Harbor, Panoramic
  • Construction Type: Wood Siding, Stucco
  • Acres: 2.06
  • Exterior Features: Pool, Deck, Patio Open, Hot Tub, Fenced: ALL

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Cpt #2, Detached

Utilities

  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 009-021-056
  • Zoning: Other
  • Lot Size Sq Ft: 89733.6
  • ResoLotSizeUnits: Acres
  • 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
Oct 26, 2022
Sold by
Bolt Tracy A and Bolt Crystal H
Bought by
Current Estimated Value
$10,463,312

Purchase Details

Listed on
Oct 24, 2018
Closed on
Feb 7, 2019
Sold by
Shaw Stanley E and Shaw Norma Jean
Bought by
Bolt Tracy A and Bolt Crystal H
Seller's Agent
Grubb Campbell Group
Village Properties
Buyer's Agent
Grubb Campbell Group
Village Properties
List Price
$6,495,000
Sold Price
$4,937,500
Premium/Discount to List
-$1,557,500
-23.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$3,703,125
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 27, 2006
Sold by
Shaw Stanley E and Shaw Norma Jean
Bought by
Shaw Stanley E and Shaw Norma Jean
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- --
Bolt Tracy A $4,937,500 Chicago Title Co
Shaw Stanley E -- None Available
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 $3,515,588
Previous Owner Bolt Tracy A $3,703,125
Previous Owner Shaw Stanley E $1,500,000
Previous Owner Shaw Stanley E $2,000,000
Previous Owner Shaw Stanley E $1,616,000
Previous Owner Shaw Stanley E $1,600,000
Previous Owner Shaw Stanley E $1,080,000
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
02/26/2019 02/26/19 Sold $4,937,500 -24.0% $628 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
04/30/2018 04/30/18 For Sale $6,495,000 -- $827 / 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 $89,946 $8,655,850 $3,292,040 $5,363,810
2025 $88,334 $8,486,129 $3,227,491 $5,258,638
2023 $88,334 $8,156,604 $3,102,164 $5,054,440
2022 $65,880 $6,147,367 $2,943,299 $3,204,068
2021 $54,716 $5,088,425 $2,885,588 $2,202,837
2020 $53,792 $5,036,250 $2,856,000 $2,180,250
2019 $16,228 $1,400,169 $612,571 $787,598
2018 $15,940 $1,372,715 $600,560 $772,155
2017 $15,597 $1,345,800 $588,785 $757,015
2016 $15,120 $1,319,413 $577,241 $742,172
2014 $14,548 $1,274,139 $557,434 $716,705
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1489

Santa Barbara Multiple Listing Service

APN: 009-021-056

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