$1,595,000
$104K PRICE DROP

Estimated payment $9,805/month

Total Views 13,054
3 Beds
2 Baths
1,240 Sq Ft
$1,286 Price per Sq Ft

Highlights

  • Filtered Pool
  • Panoramic View
  • Open Floorplan
  • Fishing
  • Updated Kitchen
  • Cathedral Ceiling

About This Home

BIG PRICE IMPROVEMENT! LIVE IN ONE HOUSE AND RENT THE OTHER! A GREAT OPPORTUNITY HAS JUST GOTTEN BETTER! REMODELED TO PERFECTION AND BRAND NEW SECOND COTTAGE (ADU), COMPLETED 2023. TWO COTTAGES ON ONE LOT, 1387 AND 1389 VALLECITO PLACE (two legal addresses) located in the prime historic "Vallecito enclave" of custom cottages in the scenic Carpinteria by the sea. Front cottage is 936 sq ft and back cottage ADU is 304 sq ft for a TOTAL of 1,240 sq ft. One mile walk to sandy beach/village, half mile to the many new shops and restaurants. BEACH LIVING with near perfect central coastal climate. Gated and walled "mini-compound" RARE JEWEL with MOUNTAIN VIEWS and NEW CUSTOM HEATED POOL (COMPLETED 2023) and separate spa. Front house is a custom "architectural" 2+1 cottage with cathedral beamed ceilings, European black oak hardwood plank floors, recessed lighting, gourmet center island kitchen with honed marble counters, Dutch door, high end designer fixtures/finishes, santori wood working cabinetry with Carrera marble tops, third bedroom and second bath is in the rear BRAND NEW cottage (ADU, completed 2023), also includes a second kitchenette and laundry area for a total of 1,240 sq ft for front and rear cottages, you could fence off the second house for privacy if so desired. Manicured "landscape-architect" backyard with the new pool, hot tub, artificial turf, fruit trees, two fountains, TOTAL BEACH SPA-LIKE ambiance to go with the glorious location and climate. Outdoor hot water shower to rinse off sand from the beach, new roof, rent out the back house and live in the front house, QUIET street, great investment opportunity, escape to gorgeous Carpinteria by the sea. All appliances included along with hot tub, fountains and washer/dryer.

Listing Agent

Jim Pascucci

Pinnacle Estate Properties, Inc. Brokerage Phone: 818-653-2691 License #00686667 Listed on: 05/09/2025

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,865

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Wood Fence
  • Fence is in good condition
  • Drip System Landscaping
  • Level Lot
  • Sprinkler System
  • Garden
  • Back and Front Yard

Property Views

  • Panoramic
  • Mountain

Home Design

  • Cottage
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Frame Construction
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Living Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • On-Street Parking

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Gas Heated Pool
  • Gunite Pool
  • Above Ground Spa

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Air Source Heat Pump
  • Combination Of Heating Systems
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 003142015

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Fishing
  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,865

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Colleen
  • Other Phone Number: 805-722-4321
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 003142015
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1240.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Partial, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: foyer
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1286.29
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Spa Features: Private, Above Ground
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Patio And Porch Features: Concrete
  • Pool Features: Private, Filtered, Gunite, Heated, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame, Glass, Stucco

Garage/Parking

  • Parking Features: Driveway, Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Combination, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Heat Pump, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking, Park, Preserve/Public Land

Schools

  • School District: Carpinteria Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Level with Street, Sprinklers Drip System
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 16.01
  • Tax Lot: 16

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 $12,865 $1,092,199 $649,458 $442,741
2023 $12,865 $961,554 $624,240 $337,314
2022 $10,310 $902,700 $612,000 $290,700
2021 $10,079 $885,000 $600,000 $285,000
2020 $9,179 $794,843 $504,073 $290,770
2019 $8,987 $779,259 $494,190 $285,069
2018 $8,831 $763,980 $484,500 $279,480
2017 $8,247 $709,354 $502,243 $207,111
2016 $8,031 $695,446 $492,396 $203,050
2014 -- $473,649 $307,389 $166,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $1,595,000 -4.5% $1,286 / Sq Ft
05/23/2025 05/23/25 Price Changed $1,670,000 -1.7% $1,347 / Sq Ft
05/09/2025 05/09/25 For Sale $1,699,000 -- $1,370 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $885,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $749,000 Fidelity National Title Co
Interfamily Deed Transfer -- First American Title Company
Grant Deed $685,000 First American Title Company
Grant Deed $462,500 Chicago Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $559,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $425,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,233,562 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $599,200 Adjustable Rate Mortgage/ARM
Previous Owner $369,811 New Conventional
Previous Owner $650,000 Negative Amortization
Previous Owner $30,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $509,000 Unknown
Previous Owner $449,000 Purchase Money Mortgage
Previous Owner $447,200 No Value Available
Previous Owner $42,500 Stand Alone Second
Previous Owner $340,000 No Value Available
Previous Owner $197,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25104135

California Regional Multiple Listing Service (CRMLS)

APN: 003-142-015