NOT LISTED FOR SALE

130 Montecito Ranch Ln Summerland, CA 93067

Estimated Value: $5,863,000 - $13,657,330

4 Beds
4.5 Baths
5,932 Sq Ft
$1,645/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $13,000,000 $2,192 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $64,796/month

185 Days on Market

Highlights

  • Ocean View
  • Horse Facilities
  • Spa
  • Guest House
  • Paddocks
  • Property is near an ocean

About This Home

As of November 2023

A once-in-a-lifetime experience awaits you within the private and gated enclave of Montecito Ranch Estates. Experience breathtaking ocean and mountain views from this Mediterranean-inspired villa on a unique parcel that merges authentic European quality and style with modern, luxury amenities for contemporary living.

This single-level residence is beautifully positioned on an approximately five-acre, gently sloping hillside and celebrates the relaxed indoor/outdoor lifestyle of the beautiful American Riviera. A vast ocean-view loggia with a hand-carved limestone fireplace is accessed through fully retractable glass doors that open onto the generous covered space with an outdoor kitchen and entertaining areas. A spacious lawn area includes a life-size chess set and a bocce ball court. This quintessential Mediterranean estate was designed by renowned Montecito architect, Robert Senn, and completed in 2017. Entering the estate through a stunning landscaped courtyard, you will discover premier finishes at every turn, including hand-carved French limestone architectural details and French limestone flooring & fireplace, walnut parquet and oak flooring, a custom wrought iron/glass front door, custom bronze metal windows/French doors, Portofino interior doors with Rocky Mountain hardware, custom wrought iron lighting fixtures & gas lights, a magnificent large wine cellar plus antique roman pan-tile roof tiles.

In addition to the expansive main home, there are two guest structures: an adjoining two bedroom/two bath casita connected via a covered breezeway, along with a separate, freestanding two-room guest house comprised of living room, kitchen, bedroom and bathroom.
Guest house also enjoys it's own private driveway with gated entrance and parking.

Meticulous attention to detail extends outdoors; the Italian-style grounds and gardens are filled with mature olive, cypress and oak trees, a citrus and avocado orchard, fragrant rose and flower gardens, and vegetable garden, complimented with soothing fountains.

Equestrians will appreciate the open, spacious horse pasture and the nearby, prestigious Santa Barbara Polo and Racquet Club.

An oversized (800+sq.ft.) three-car garage connected by a charming arched entrance porte-cochere with large solid wood operational doors completes the stunning estate.

This highly desirable locale provides the comforts, convenience and security of a gated community.

Live the American Riviera lifestyle with close proximity to amenities that include world-class beaches, shopping and dining in Santa Barbara, Montecito and Summerland.

Opportunity awaits at this stunning Montecito Ranch dream estate, offering you sprawling grounds and a residence showcasing exquisite finishes and amenities to suit today's lifestyle.

Last Agent to Sell the Property

Andrew Templeton

Coldwell Banker Realty Listed on: 05/16/2023

Last Buyer's Agent

Jen Plana

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $139,395

Year Built

  • Built in 2017

Lot Details

  • 5 Acre Lot
  • Dog Run
  • Gated Home
  • Back Yard Fenced
  • Artificial Turf
  • Corner Lot
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Property is in excellent condition

Property Views

  • Ocean
  • Island
  • Coastline
  • Panoramic
  • Mountain

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,932 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Sound System
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library

Kitchen

  • Breakfast Area or Nook
  • Built-In Electric Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Parquet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Attached Garage
  • Carport
  • Electric Vehicle Home Charger

Outdoor Features

  • Spa
  • Property is near an ocean
  • Covered Patio or Porch
  • Fireplace in Patio
  • Built-In Barbecue

Location

  • Property is near schools
  • Property is near shops

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Shared Well
  • Water Softener is Owned
  • Sewer Stub Out
  • Cable TV Available

Additional Features

  • Solar Power System
  • Guest House
  • Paddocks

Listing and Financial Details

  • Exclusions: Other, Fireplace Equipment, Potted Plants
  • Assessor Parcel Number 005-210-065

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include prop mgmt
  • 3 Units
  • Montecito Ranch Est Community
  • 05 Summerland Subdivision
  • Community Lake

Amenities

  • Restaurant

Recreation

  • Bocce Ball Court
  • Horse Facilities
  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$139,395

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2017
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, In Garage, Laundry Room
  • ResoLotFeatures: Level, Corner Lot
  • ResoSecurityFeatures: Gate:Elec, Smoke Detector(s), Fire Sprinkler System
  • Reso Association Amenities: Lake
  • Reso Association Fee Includes: Prop Mgmt
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Medit
  • Carport Y N: Yes
  • Reso Flooring: Hardwood, Parquet, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other, Paddock
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2017
  • Property Information Total #Units: 3
  • Property Information Apx # Acres: 5.0
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • Security Fire Sprinkler System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • GroundsLandscaping Bocce Ball: Yes
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Sound System: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Montecito Ranch Est
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Horse Facility2: Yes
  • GroundsLandscaping Dog Run2: Yes
  • Other Buildings Paddock2: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • Amenities Horses2: Yes
  • WaterSewer Shared Well: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Laundry In Garage2: Yes
  • ParkingGarage Cpt #12: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Amenities Solar PV2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • GroundsLandscaping Artificial Turf: Yes
  • FlrWdw Coverings Parquet2: Yes
  • ParkingGarage Electric Vehicle Charging Station(s): Yes
  • AssocPark Amenities Lake: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Built-In Electric Oven, Dishwasher, Disposal, Dryer, Microwave, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Other, 2+, LR, Patio
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Islands, Coastline, Ocean, Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 5.0
  • Topography: Level
  • Exclusions: Other, Fireplace Equipment, Potted Plants
  • Exterior Features: Patio Open, Patio Covered, SPA-Outside, Horse Facility, Dog Run, Fruit Trees, Yard Irrigation PRT, Fenced: BCK, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Cpt #1, Attached, Electric Vehicle Charging Station(s)

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Radiant Floor
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Shared Well, Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-210-065
  • Zoning: Other
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Nov 8, 2023
Sold by
Graham Living Trust
Bought by
James G Carlson Revocable Trust and Mary Anne Carlson Revocable Trust
Seller's Agent
Andrew Templeton
Coldwell Banker Realty
Buyer's Agent
Jen Plana
Coldwell Banker Realty
List Price
$13,995,000
Sold Price
$13,000,000
Premium/Discount to List
-$995,000
-7.11%
Views
331
Current Estimated Value
$9,760,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,239,835
Avg. Annual Appreciation
-17.44%
Original Mortgage
$7,800,000
Outstanding Balance
$7,680,125
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$1,651,898

Purchase Details

Closed on
Feb 21, 2020
Sold by
Graham Jeffrey T and Graham Katherine G
Bought by
Graham Jeffrey T and Graham Katherine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
California Bank & Trust
Bought by
Graham Jeffrey T and Graham Katherine G

Purchase Details

Closed on
Jun 3, 2009
Sold by
Mre Lots #2 & 3 Llc
Bought by
Vineyard Bank Na

Purchase Details

Closed on
Mar 6, 2007
Sold by
Montecito Ranch Estates Properties Inc
Bought by
Mre Lots #2 & 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,631,000
Interest Rate
6.11%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
James G Carlson Revocable Trust $13,000,000 Chicago Title Company
Graham Jeffrey T -- None Available
Graham Jeffrey T $1,060,000 Chicago Title Company
Vineyard Bank Na $4,346,099 Lawyers Title
Mre Lots #2 & 3 Llc $7,125,000 Chicago Title
Montecito Ranch Estates Properties Inc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James G Carlson Revocable Trust $7,800,000
Previous Owner Graham Jeffrey T $1,250,000
Previous Owner Graham Jeffrey T $1,000,000
Previous Owner Mre Lots #2 & 3 Llc $4,631,000
Previous Owner Montecito Ranch Estates Properties Inc $4,631,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $13,000,000 -7.1% $2,192 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $13,995,000 -- $2,359 / 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 $139,395 $13,260,000 $7,140,000 $6,120,000
2023 $139,395 $4,560,652 $1,498,445 $3,062,207
2022 $50,696 $4,471,228 $1,469,064 $3,002,164
2021 $49,624 $4,383,558 $1,440,259 $2,943,299
2020 $49,088 $4,338,611 $1,425,491 $2,913,120
2019 $47,143 $4,253,541 $1,397,541 $2,856,000
2018 $46,363 $4,170,139 $1,370,139 $2,800,000
2017 $46,152 $4,147,196 $1,347,196 $2,800,000
2016 $14,348 $1,149,702 $1,149,702 $0
2014 $11,252 $1,086,108 $1,086,108 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1222

Santa Barbara Multiple Listing Service

APN: 005-210-063