NOT LISTED FOR SALE

1270 Pepper Ln Santa Barbara, CA 93108

Estimated Value: $6,787,000 - $17,426,230

6 Beds
8 Baths
6,258 Sq Ft
$1,935/Sq Ft Est. Value

Last Sold December 24, 2019

Last sale price $8,600,000 $1,374 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $71,003/month

107 Days on Market

Highlights

  • Guest House
  • Estate
  • 2.03 Acre Lot
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Fruit Trees

About This Home

As of December 2019

Welcome home to a modern adventure in traditional living! This 1937 Chester Carjola estate underwent a significant renovation that honors its classic architecture and fills the home with luxe design, unparalleled finishes, and a sophisticated sense of whimsey. A gorgeous main floor master suite is beautifully appointed with a lavish bath and dressing room. Four other bedroom suite offers incredible accommodations. Incredible 2+ acre mountain view grounds unfold into a private playground, ripe for adventure and endlessly lush thanks to a private well. A detached guest house is perfect for visitors. 6 garage bays are fab for car enthusiasts. Located between the Upper & Lower Villages yet nestled on a quiet lane, here beautiful spaces & incredible design create the ultimate Montecito escape.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 08/05/2019

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 08/05/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 2.03 Acre Lot
  • Cul-De-Sac
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Detached Garage

Home Design

  • Estate
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 6,258 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Sun or Florida Room
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Well
  • Tankless Water Heater
  • Sewer Stub Out

Additional Features

  • Patio
  • Guest House
  • Property is near schools and shops

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 090-040-014

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Directions: From Hot Springs turn left on Pepper Lane
  • Prop. Type: Residential
  • Year Built: 1937
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Cul-De-Sac
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Security System, Smoke Detector(s)
  • Architectural Style: Other, Estate
  • Reso Flooring: Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1937
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.03
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 6258.0
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • WaterSewer Pvt Well In: Yes
  • FlrWdw Coverings Stone2: Yes
  • ParkingGarage Detached: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • Dining Nook2: Yes
  • ParkingGarage Gar #6: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Other, Tankless Water Heater, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Other, 2+, Gas, LR
  • Appliances Included:Tankless Water Heater: Yes
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Other, Composition
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding, Stucco
  • Acres: 2.03
  • Topography: Level
  • Exclusions: Other
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Slab, Raised, Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #6, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Radiant
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Schools

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

Lot Info

  • Parcel #: 090-040-014
  • Zoning: Other
  • Lot Size Sq Ft: 88426.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Dec 16, 2019
Sold by
1270 Pepper Lane Llc
Bought by
Beall Kenneth L and Beall Cheryl Stone
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$9,950,000
Sold Price
$8,600,000
Premium/Discount to List
-$1,350,000
-13.57%
Current Estimated Value
$12,106,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,506,615
Avg. Annual Appreciation
5.71%

Purchase Details

Listed on
May 2, 2013
Closed on
Oct 21, 2013
Sold by
Altman Howard
Bought by
1270 Pepper Lane Llc
Seller's Agent
Suzanne Perkins
Sotheby's International Realty
Buyer's Agent
Robert Riskin
Village Properties
List Price
$7,500,000
Sold Price
$6,350,000
Premium/Discount to List
-$1,150,000
-15.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
May 28, 2010
Sold by
1270 Ventures Llc
Bought by
Altman Howard

Purchase Details

Closed on
Dec 8, 2005
Sold by
Mole Craig R and Mole Michael W
Bought by
1270 Ventures Llc

Purchase Details

Closed on
Dec 5, 2005
Sold by
Wells Fargo Bank Na
Bought by
Mole Craig R and Mole Michael W

Purchase Details

Closed on
Dec 3, 2005
Sold by
Mole Craig R and Mole Michael W
Bought by
1270 Ventures Llc

Purchase Details

Closed on
Nov 11, 2005
Sold by
Mole Margaret Boggeman
Bought by
Mole Michael W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beall Kenneth L $8,600,000 Chicago Title Company
1270 Pepper Lane Llc $6,350,000 Chicago Title Company
Altman Howard $5,705,000 Chicago Title Company
1270 Ventures Llc -- First American Title Company
Mole Craig R -- --
1270 Ventures Llc -- --
Mole Michael W -- First American Title Company
Mole William Robert -- First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/24/2019 12/24/19 Sold $8,600,000 -13.6% $1,374 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $9,950,000 +56.7% $1,590 / Sq Ft
10/30/2013 10/30/13 Sold $6,350,000 -15.3% $1,058 / Sq Ft View Prior Sale
09/30/2013 09/30/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $7,500,000 -- $1,250 / 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 $97,633 $9,405,353 $4,374,582 $5,030,771
2023 $97,633 $9,040,133 $4,204,712 $4,835,421
2022 $94,278 $8,862,876 $4,122,267 $4,740,609
2021 $92,324 $8,689,095 $4,041,439 $4,647,656
2020 $91,425 $8,600,000 $4,000,000 $4,600,000
2019 $74,514 $6,998,931 $4,780,290 $2,218,641
2018 $73,097 $6,861,698 $4,686,559 $2,175,139
2017 $71,747 $6,727,156 $4,594,666 $2,132,490
2016 $69,352 $6,575,644 $4,504,575 $2,071,069
2014 $66,598 $6,350,000 $4,350,000 $2,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2716

Santa Barbara Multiple Listing Service

APN: 009-040-014

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