NOT LISTED FOR SALE

1288 Spring Rd Santa Barbara, CA 93108

Estimated Value: $2,761,000 - $2,899,412

2 Beds
2.5 Baths
1,698 Sq Ft
10,454 Sq Ft Lot

Last Sold April 09, 2025

Last sale price $2,800,000 $1,649 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,491/month

10 Days on Market

Highlights

  • Property is near an ocean
  • Colonial Architecture
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near a park
  • Lawn

About This Home

As of April 2025

This ideally located Montecito townhouse offers an exceptional opportunity to enjoy the best of California coastal living. Just moments from Butterfly Beach and the vibrant amenities of Coast Village Road, this home offers a rare combination of convenience and tranquility. Whether you're looking for a primary residence, a second home, or a more accessible way to enjoy the Montecito Union School District, this property delivers charm and value. With its beautifully updated interiors and move-in-ready condition, you can settle in just in time for summer and enjoy everything this sought-after community offers. The townhouse has been thoughtfully refreshed with new paint and carpets upstairs, creating a bright and inviting atmosphere. The recently renovated kitchen is stylish and functional, featuring modern finishes, ample storage, and quality appliances perfect for effortless everyday living. The updated bathrooms complement the home's classic design, offering a fresh and refined feel. A traditional layout provides a spacious living area with serene garden views, a primary suite designed for comfort, and a versatile second bedroom that can easily accommodate guests or a home office. A charming backyard offers the perfect space for outdoor dining, entertaining, or simply unwinding in the Montecito sunshine.
With an unbeatable location near the beach and Montecito's charming village center, this townhouse makes it easy to embrace the coveted coastal lifestyle. Coast Village Road's renowned restaurants, upscale boutiques, cozy cafes, and wellness studios are just minutes away, allowing you to enjoy the best of Montecito at your doorstep. Spend your mornings strolling along the sand, afternoons shopping or dining al fresco, and evenings relaxing in your private outdoor retreat. Whether you're drawn to Montecito for its natural beauty, vibrant community, or world-class amenities, this turnkey property is your opportunity to experience it all.

Last Agent to Sell the Property

Tyler Mearce

Sotheby's International Realty License #01969409 Listed on: 03/06/2025

Co-Listed By

Renee Marvin

Sotheby's International Realty License #02056190

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Fenced
  • Irrigation
  • Lawn
  • Property is in good condition

Parking

  • Attached Garage

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Slate Roof
  • Stucco

Interior Spaces

  • 1,698 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Kitchen and Dining Room
  • Breakfast Area or Nook
  • Property Views

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Property is near an ocean

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 009-610-001
  • Seller Concessions Offered
  • Seller Will Consider Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Restaurant

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Directions: Turn west bound off Olive Mill.
  • Prop. Type: Residential
  • Year Built: 1984
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Level, Near Public Transit
  • Co List Office Mls Id: sir
  • Co List Office Phone: 805-969-9993
  • Architectural Style: Colonial, Tudor
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1984
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.24
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Roof Slate2: Yes
  • Style Colonial2: Yes
  • Style Tudor2: Yes
  • Status Information Seller Concessions3: Yes
  • CondoCO-OPPUD Association Fee Frequency: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Slate
  • View: Setting
  • Construction Type: Stucco
  • Acres: 0.24
  • Topography: Level
  • Exterior Features: Lawn, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 009-610-001
  • Zoning: R-2
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Mar 19, 2025
Sold by
Bell Family Trust and Bell Donald W
Bought by
Lynda Adelson Family Trust and Adelson
Seller's Agent
Tyler Mearce
Sotheby's International Realty
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$2,950,000
Sold Price
$2,800,000
Premium/Discount to List
-$150,000
-5.08%
Views
10
Current Estimated Value
$2,849,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,353
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Dec 1, 2014
Sold by
Bell Donald W and Bell Gloria J
Bought by
Bell Family Trust and Bell Gloria J

Purchase Details

Closed on
Sep 14, 2001
Sold by
Bell Gloria J
Bought by
Bell Donald W and Bell Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.91%

Purchase Details

Closed on
Dec 9, 1997
Sold by
Carousel Holdings Ltd
Bought by
Rascon Gloria J and Bell Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.23%
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
Lynda Adelson Family Trust $2,800,000 First American Title
Bell Family Trust -- None Available
Bell Donald W -- Fidelity National Title Co
Rascon Gloria J $372,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Donald W $230,000
Previous Owner Rascon Gloria J $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2025 04/09/25 Sold $2,800,000 -5.1% $1,649 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $2,950,000 -- $1,737 / 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 $6,741 $594,769 $279,421 $315,348
2023 $6,741 $571,675 $268,572 $303,103
2022 $6,534 $560,466 $263,306 $297,160
2021 $6,408 $549,478 $258,144 $291,334
2020 $6,307 $543,845 $255,498 $288,347
2019 $6,193 $533,183 $250,489 $282,694
2018 $6,084 $522,729 $245,578 $277,151
2017 $5,944 $512,480 $240,763 $271,717
2016 $5,783 $502,433 $236,043 $266,390
2015 $5,623 $494,887 $232,498 $262,389
2014 $5,540 $485,194 $227,944 $257,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-957

Santa Barbara Multiple Listing Service

APN: 009-610-001