NOT LISTED FOR SALE

1150 Channel Dr Santa Barbara, CA 93108

Estimated Value: $6,206,000 - $28,744,915

3 Beds
4 Baths
3,813 Sq Ft
$4,583/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $22,995,000 $6,031 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $114,482/month

50 Days on Market

About This Home

As of May 2021

On the prestigious Butterfly Beach, this newly renovated half-acre oceanfront estate unveils panoramic Channel Island & ocean views that stretch out into the horizon across its 101ft of south-facing frontage. Behind the gates & lush hedges, this private entertainment paradise boasts a large motor court, rooftop entertainment deck, zero-edge pool, expansive terraces & patio w/ pizza oven fireplace. Near Four Seasons Biltmore, Coast Village & Santa Barbara's premier destinations. Smart home reflecting cutting-edge trend features a glowing backlit onyx fireplace, frameless pocket glass doors throughout. 3 vaulted en suite beds include primary suite w/lounge, office & spa-like bath. Only 15 houses on all of Channel Dr. Experience this rare opportunity to join the exclusive coastal communities.

Last Agent to Sell the Property

Rayni Williams

The Beverly Hills Estate License #01496786 Listed on: 02/25/2021

The Beverly Hills Estate

Co-Listed By

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 26,136 Sq Ft Lot

Home Design

  • 3,813 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Schools

  • S.B. Jr. Middle School
  • S.B. Sr. High School

Listing and Financial Details

  • Assessor Parcel Number 009-352-027

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0.6 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1956
  • Reso Property Sub Type: Home/Estate
  • Co List Office Mls Id: vip
  • Co List Office Phone: 805-969-8900
  • Property Information Year Built2: 1956
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.6
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Acres: 0.6

Schools

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

Lot Info

  • Parcel #: 009-352-027
  • Zoning: R-1
  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2021
Sold by
Royse Mallers Brooke S and Mallers William J
Bought by
Flatirom View Llc
Current Estimated Value
$17,475,458

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 20, 2021
Sold by
Capital Pacific Holdings Inc
Bought by
Royse Mallers Brooke S and Mallers William J
Seller's Agent
Rayni Williams
The Beverly Hills Estate
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$23,800,000
Sold Price
$22,995,000
Premium/Discount to List
-$805,000
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.45%

Purchase Details

Closed on
Jun 22, 2020
Sold by
Makarechian Hadi and The Makarechian Family Truts
Bought by
Capital Pacific Holdings Inc

Purchase Details

Closed on
May 10, 2017
Sold by
Makarechian Hadi and Makarechian Barbara A
Bought by
Makarechian Hadi and Makarecnian Family Trust

Purchase Details

Closed on
Jan 18, 2017
Sold by
Makarechian Barbara A
Bought by
Makarechian Barbara A

Purchase Details

Closed on
Jan 18, 2008
Sold by
Makarechian Barbara A
Bought by
Makarechian Barbara A and Barbara A Makarechian Trust

Purchase Details

Closed on
Jan 8, 2008
Sold by
Makarechian Hadi
Bought by
Makarechian Hadi and Makarechian Barbara A

Purchase Details

Closed on
Feb 11, 2005
Sold by
Makarechian Hadi and Makarechian Barbara
Bought by
Makarechian Hadi and Makarechian Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Flatirom View Llc -- None Available
Royse Mallers Brooke S -- None Available
Royse Mallers Brooke S $22,995,000 Chicago Title Company
Capital Pacific Holdings Inc -- None Available
Makarechian Hadi -- None Available
Makarechian Hadi -- None Available
Makarechian Barbara A -- None Available
Makarechian Barbara A -- None Available
Makarechian Barbara A -- None Available
Makarechian Hadi -- None Available
Makarechian Hadi -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $22,995,000 -3.4% $6,031 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $23,800,000 -- $6,242 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $253,209 $24,890,525 $17,318,914 $7,571,611
2023 $253,209 $23,923,998 $16,646,400 $7,277,598
2022 $243,983 $23,454,900 $16,320,000 $7,134,900
2021 $35,749 $3,304,566 $1,917,721 $1,386,845
2020 $35,406 $3,270,683 $1,898,058 $1,372,625
2019 $34,628 $3,206,553 $1,860,842 $1,345,711
2018 $33,979 $3,143,680 $1,824,355 $1,319,325
2017 $33,327 $3,082,040 $1,788,584 $1,293,456
2016 $32,313 $3,021,609 $1,753,514 $1,268,095
2014 $24,906 $2,304,716 $1,693,343 $611,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-693

Santa Barbara Multiple Listing Service

APN: 009-352-027

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