NOT LISTED FOR SALE

Estimated Value: $3,249,083 - $4,075,000

3 Beds
3.5 Baths
3,850 Sq Ft
2,178 Sq Ft Lot

Highlights

  • Ocean View
  • Spa
  • Fireplace in Primary Bedroom
  • Cold Spring Elementary School Rated A
  • Property is near an ocean
  • Cathedral Ceiling

About This Home

As of June 2023

Discover the epitome of coastal luxury living with this exceptional Mediterranean townhome, perched majestically atop a hill overlooking Santa Barbara. Offering an elegant and warm ambiance, this residence showcases breathtaking ocean and mountain views that will leave you in awe.

Spanning across 3,850 square feet, this home boasts a well-designed layout with 3 bedrooms and 3.5 bathrooms, ensuring ample space for comfort and privacy. Step into the main level and be greeted by an inviting open living room, complete with a cozy fireplace, perfect for unwinding after a long day. The adjacent formal dining room sets the stage for memorable gatherings, while the kitchen and breakfast area inspire culinary creativity. A separate family room awaits, providing a cozy retreat for relaxation, whether it's watching your favorite shows on the 64" smart TV or curling up with a book in front of another charming fireplace. The main level also features a well-appointed guest room, full bathroom, and a convenient powder room for guests. The first floor offers a laundry room equipped with a washer/dryer and wine cooler, as well as a 2-car garage.

Ascend to the upper level to discover two en-suite bedrooms, each offering a haven of tranquility. The primary bedroom impresses with its own fireplace, balcony, and a patio that showcase captivating ocean views. Indulge in the spacious marble primary bath, designed for ultimate relaxation. The warmly furnished guest bedroom with a private bathroom creates an inviting space for visitors.

This home seamlessly blends indoor and outdoor living, with spacious areas for both entertaining and personal enjoyment. Hardwood floors, nine sets of French doors, and illuminating windows throughout create an ambiance of timeless elegance and light-filled comfort.

Nestled within a secure and private gated community, this residence offers access to desirable amenities, including a community pool, spa, and ample guest parking. Find solace in the quiet and peaceful setting, where you can retreat from the world and indulge in a coastal lifestyle like no other.

Luxury living awaits in this extraordinary home. Experience the best of Santa Barbara with ocean and mountain views, meticulously designed spaces, and a serene community ambiance. Offered furnished or unfurnished for a 6-12 month lease.

Last Agent to Rent the Property

Mary Whitney

Berkshire Hathaway HomeServices California Properties License #01144746 Listed on: 05/23/2023

Berkshire Hathaway HomeServices California Properties

Last Renter's Agent

Mary Whitney

Berkshire Hathaway HomeServices California Properties License #01144746 Listed on: 05/23/2023

Berkshire Hathaway HomeServices California Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,116

Year Built

  • 1991

Lot Details

  • 2,178

Parking

  • Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,850 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • Spa
  • Outdoor Pool

Additional Features

  • Property is near an ocean
  • Property is in excellent condition
  • Property is near shops
  • Forced Air Heating and Cooling System

Community Details

  • Dogs and Cats Allowed

Listing and Financial Details

  • Assessor Parcel Number 013-230-011

Condo Details

Home Type

Condominium

Est. Annual Taxes

$28,116

Year Built

1991

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Condominium
  • NumberUnfurnished: Fully Furnished, Unfurnished
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Medit
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information Total Bathrooms2: 3.5
  • View Mountain(s): Yes
  • Laundry Laundry Room: Yes
  • Fireplace(s) Living Room: Yes
  • Pets Cats: Yes
  • Pets Dogs: Yes
  • Furnishings Fully Furnished: Yes
  • Style Medit: Yes
  • ParkingGarage Gar #23: Yes
  • GroundsLandscaping Pool3: Yes
  • ViewHarbor: Yes
  • View Ocean2: Yes
  • Proximity Near Ocean: Yes
  • Proximity Near Shopping: Yes
  • Construction Two Story: Yes
  • HeatingCooling GFA2: Yes
  • GroundsLandscaping Hot Tub: Yes
  • Dining Formal: Yes
  • Amenities Cathedral Ceilings: Yes
  • LocationTopo Level2: Yes
  • Rooms:Family Room: Yes
  • Fireplace(s):_two_2: Yes
  • HeatingCooling AC Central: Yes
  • Pets Maybe: Yes
  • Fireplace(s) Family Room2: Yes
  • Fireplace(s) Master Bedroom: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1991

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 2+, Family Room, Gas, Living Room, Master Bedroom
  • Number of Fireplaces Gas: Yes

Exterior Features

  • View: Mountain(s), City, Harbor, Ocean, Panoramic
  • Exterior Features: Hot Tub, Pool
  • View:City3: Yes
  • View:Panoramic: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Lot Info

  • Parcel #: 013-230-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
Flake Gerald B and Downing Kathryn M
Bought by
Downing Kathryn M
Current Estimated Value
$3,724,694

Purchase Details

Closed on
Dec 17, 2003
Sold by
Sherby Thomas A
Bought by
Flake Gerald B and Downing Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1999
Sold by
Sherby Thomas A and Fleischer Greta
Bought by
Sherby Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%

Purchase Details

Closed on
May 24, 1999
Sold by
Marigold Overseas Investment Inc
Bought by
Sherby Thomas A and Fleischer Greta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 10, 1998
Sold by
Christer Lundin and Thomas Rozak Thomas
Bought by
Marigold Overseas Investment Inc
Source: Public Records

Range of Values:

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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
Downing Kathryn M -- None Available
Flake Gerald B -- Equity Title Company-Santa B
Sherby Thomas A -- First American Title
Sherby Thomas A -- First American Title
Marigold Overseas Investment Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flake Gerald B $1,094,644
Closed Flake Gerald B $1,100,000
Previous Owner Sherby Thomas A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Rented $12,500 -7.4% --
05/23/2023 05/23/23 For Rent $13,500 -- --
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 $28,116 $2,985,757 $1,563,967 $1,421,790
2023 $28,116 $2,452,000 $1,472,000 $980,000
2022 $25,131 $2,404,000 $1,443,000 $961,000
2021 $22,808 $2,186,000 $1,312,000 $874,000
2020 $19,691 $1,901,000 $1,141,000 $760,000
2019 $19,829 $1,901,000 $1,141,000 $760,000
2018 $20,870 $2,001,000 $1,201,000 $800,000
2017 $20,925 $2,001,000 $1,201,000 $800,000
2016 $19,767 $1,906,000 $1,144,000 $762,000
2014 $16,460 $1,575,000 $945,000 $630,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1436

Santa Barbara Multiple Listing Service

APN: 013-230-011