$3,250,000
$300K PRICE DROP

Estimated payment $19,065/month

Total Views 16,160
4 Beds
3 Baths
2,200 Sq Ft
$1,477 Price per Sq Ft

Highlights

  • Ocean View
  • Attached Guest House
  • Midcentury Modern Architecture
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Deck

About This Home

Wonderfully priced and newly reimagined, 1260 Ferrelo is ready for you to enjoy! Rarely does a property like this come onto the market. Located on the Santa Barbara Riviera with 180 degree views, this newly remodeled mid century home contains detailing typically reserved for privately commissioned homes, all the while maintaining a rich yet soft palette of high-quality finishes permeating each space. Stained wood double doors welcome you home and upon entry, the 54 bottle wine closet can show off your collection! Glide through the open layout of the living room and kitchen. Awaiting you is a kitchen a gourmet chef would love, with a ZLINE 36'' 6 burner gas range, custom cabinets and gold marbled quartz countertops. A 10' accordion door leads you to the 28' deck with views of Santa Barbara, the Pacific Ocean and the Channel Islands which will leave you breathless.

The primary bedroom has the most spectacular views of the city and in the primary bath, soak in a stand-alone tub while enjoying those same views. The Jr. ADU serves as a comfortable guest room for long or short term visitors or a place for the kids, or adults, to play. This home is truly a modern gem. Buyer to verify all information including square footage.

Listing Agent

William C. Turner III

Douglas Elliman of California, Inc. License #01935111 Listed on: 08/06/2025

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,982

Year Built

  • Built in 2024

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in excellent condition

Property Views

  • Ocean
  • Beach
  • Island
  • Coastline
  • Harbor
  • Panoramic
  • City
  • Mountain
  • Park or Greenbelt

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Freestanding Bathtub

Outdoor Features

  • Property is near an ocean
  • Deck
  • Office or Studio

Additional Homes

  • Attached Guest House
  • Number of ADU Units: 1
  • ADU built in 2023
  • ADU includes 1 Bedroom and 1 Bathroom
  • Kitchen Sink
  • Refrigerator
  • Stove

Location

  • Property is near a park
  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • City Lot

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 029-342-013
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • 15 Riviera/Lower Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,982

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2024
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Mid-century Modern, Contemporary
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Studio
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2024
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.15
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Property Information ADU Count: 1
  • Other Buildings Studio: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • View Green Belt2: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • View Beach2: Yes
  • Style Mid-century Modern: Yes
  • ADU #1 Type2: Junior ADU
  • ADU #1 Attached2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • ADU #1 Year Built5: 2023
  • ADU #1 Beds: 1
  • ADU #1 Baths2: 1
  • ADU1 Kitchen Features Stove: Yes
  • ADU1 Kitchen Features Refrigerator2: Yes
  • ADU1 Kitchen Features Sink: Yes
  • Foundation Pier Post: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • View: Beach, Mountain(s), Islands, Coastline, Ocean, City, Harbor, Green Belt, Panoramic
  • Acres: 0.15
  • Exterior Features: Deck
  • Foundation Details: Slab, Mixed, Pier & Post

Schools

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

Lot Info

  • Parcel #: 029-342-013
  • Zoning: R-1
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $20,982 $2,059,052 $1,167,328 $891,724
2023 $20,982 $1,734,000 $1,122,000 $612,000
2022 $18,174 $1,700,000 $1,100,000 $600,000
2021 $2,707 $250,811 $133,627 $117,184
2020 $2,678 $248,240 $132,257 $115,983
2019 $2,629 $243,373 $129,664 $113,709
2018 $2,588 $238,602 $127,122 $111,480
2017 $2,501 $233,925 $124,630 $109,295
2016 $2,520 $229,339 $122,187 $107,152
2014 $2,451 $221,471 $117,995 $103,476
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $3,250,000 0.0% $1,477 / Sq Ft
08/06/2025 08/06/25 For Sale $3,250,000 -4.4% $1,477 / Sq Ft
06/16/2025 06/16/25 Off Market $3,400,000 -- --
04/28/2025 04/28/25 Price Changed $3,400,000 -4.2% $1,545 / Sq Ft
03/04/2025 03/04/25 For Sale $3,550,000 +108.8% $1,614 / Sq Ft
10/21/2021 10/21/21 Sold $1,700,000 +13.3% $1,111 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $1,500,000 -- $980 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Wfg National Title
Grant Deed $1,700,000 Chicago Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,275,000 New Conventional
Previous Owner $1,554,700 Commercial
Previous Owner $2,550,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $50,000 Unknown
Previous Owner $40,000 Unknown
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-903

Santa Barbara Multiple Listing Service

APN: 029-342-013