NOT LISTED FOR SALE

Estimated Value: $5,968,000 - $7,638,000

4 Beds
2.5 Baths
3,002 Sq Ft
$2,293/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $6,300,000 $2,099 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $42,990/month

15 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Solar Power Battery
  • Cold Spring Elementary School Rated A
  • Property is near an ocean
  • Fruit Trees

About This Home

As of October 2023

Rare opportunity to own a sweeping ocean view home on private Pepper Hill! Located in the heart of Montecito - just minutes to both Villages and surrounded by exclusive properties. Enjoy panoramic ocean, coastline and harbor views from every room in this warm and welcoming single level residence. The 4+ bedroom San Ysidro Style ranch invites casual coastal living. Featuring light filled spaces, soaring ceilings, an open floor plan and numerous balconies. Situated on 1+ acre with gorgeous gardens, gazebo, bocce ball court & studio. Solar powered, with room for pool! A sophisticated retreat, or beloved family home within the Cold Spring School district.

Last Agent to Sell the Property

Andrea Cambern

Berkshire Hathaway HomeServices California Properties License #02158714 Listed on: 08/29/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Andria Kahmann

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,207

Year Built

  • Built in 1973

Lot Details

  • 1.01 Acre Lot
  • Fenced
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in good condition

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces

Property Views

  • Ocean
  • Island
  • Coastline
  • Harbor
  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Raised Foundation
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 3,002 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Art Studio
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Eco-Friendly Details

  • Solar Power Battery
  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Property is near an ocean
  • Deck
  • Covered Patio or Porch
  • Gazebo
  • Separate Outdoor Workshop

Location

  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Sewer Stub Out
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-021-040

Community Details

Recreation

  • Bocce Ball Court

Additional Features

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,207

Year Built

Built in 1973

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • Association Fee: $2,000 annually
  • Directions: Alston Road to Glenview Road, or Sycamore Canyon Road to Woodley to Glenview Road.
  • Prop. Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Other
  • Architectural Style: Contemporary, Ranch
  • Reso Flooring: Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story, Outside Stairs
  • New Construction: No
  • Reso Other Structures: Other, Studio, Work Shop
  • Reso Property Condition: Good
  • Property Information Year Built2: 1973
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.01
  • 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
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • GroundsLandscaping Bocce Ball: Yes
  • Other Buildings Studio: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 43995.0
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • Other Buildings Work Shop2: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • ParkingGarage Detached: Yes
  • ParkingGarage Total # Uncovered Spaces: 3.0
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • Amenities Solar PV2: Yes
  • Electric Solar PV Seller Owned: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • WaterSewer Meter In: Yes
  • Dining Nook2: Yes
  • Appliances Included Vented Exhaust Fan: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Appliances Included Satellite Dish2: Yes
  • Amenities Home Solar Battery: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Satellite Dish, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room, Other, 2+, LR
  • Total Bedrooms: 8
  • Other Rooms:Great Room: Yes
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Islands, Coastline, Ocean, Setting, Harbor, Panoramic
  • Construction Type: Wood Siding
  • Acres: 1.01
  • Exterior Features: Deck, Patio Open, Patio Covered, Gazebo, Lawn, Fruit Trees, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features: Gar #2, Detached

Utilities

  • Cooling: Central Air, Other
  • Heating: Forced Air, Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Meter In, Mont Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 009-021-040
  • Zoning: Other
  • Lot Size Sq Ft: 43995.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Oct 9, 2023
Sold by
Codara Holdings Llc
Bought by
Raymont John Manley
Seller's Agent
Andrea Cambern
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Andria Kahmann
Berkshire Hathaway HomeServices California Properties
List Price
$6,750,000
Sold Price
$6,300,000
Premium/Discount to List
-$450,000
-6.67%
Views
127
Current Estimated Value
$6,884,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,630
Avg. Annual Appreciation
4.76%
Original Mortgage
$3,465,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 14, 2022
Sold by
Phelps Dennis B and Phelps Jean-Marie
Bought by
Codara Holdings Llc
Seller's Agent
Gregg Leach
Village Properties
Buyer's Agent
Robert Lamborn
Village Properties
List Price
$6,250,000
Sold Price
$5,995,000
Premium/Discount to List
-$255,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Nov 19, 2020
Sold by
Phelps Dennis B and Hamel Jean Marie
Bought by
Phelps Dennis B and Hamel Jean Marie

Purchase Details

Listed on
Jul 7, 2016
Closed on
Jul 11, 2016
Sold by
Swenson Judith Ann
Bought by
Phelps Dennis B and Hamel Jean Marie
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Gregg Leach
Village Properties
List Price
$3,495,000
Sold Price
$3,050,000
Premium/Discount to List
-$445,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%

Purchase Details

Closed on
May 15, 2007
Sold by
Pattiz Norman J and Pattiz Mary Turner
Bought by
Swenson Julie

Purchase Details

Closed on
Feb 18, 2005
Sold by
Kahmann Richard D and Kahmann Andria S
Bought by
Pattiz Norman J and Pattiz Mary Turner
Source: Public Records

Range of Values:

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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
Raymont John Manley $6,300,000 Chicago Title Company
Codara Holdings Llc $5,995,000 First American Title
Phelps Dennis B -- None Available
Phelps Dennis B $3,050,000 Chicago Title Company
Swenson Julie -- Lawyers Title Company
Pattiz Norman J -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manley Raymont John $3,455,247
Closed Raymont John Manley $3,465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $6,300,000 -6.7% $2,099 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $6,750,000 +12.6% $2,249 / Sq Ft
02/16/2022 02/16/22 Sold $5,995,000 -4.1% --
02/11/2022 02/11/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $6,250,000 +104.9% --
07/22/2016 07/22/16 Sold $3,050,000 -12.7% $1,107 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $3,495,000 -- $1,269 / 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 $67,207 $3,846,713 $2,609,781 $1,236,932
2023 $67,207 $5,995,000 $4,000,000 $1,995,000
2022 $36,507 $3,335,617 $2,406,020 $929,597
2021 $35,761 $3,270,214 $2,358,844 $911,370
2020 $35,167 $3,236,683 $2,334,657 $902,026
2019 $34,688 $3,173,220 $2,288,880 $884,340
2018 $34,038 $3,111,000 $2,244,000 $867,000
2017 $33,389 $3,050,000 $2,200,000 $850,000
2016 $32,781 $3,036,000 $2,200,000 $836,000
2014 $30,707 $2,834,000 $2,054,000 $780,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2564

Santa Barbara Multiple Listing Service

APN: 009-021-040