
1389 Vallecito Place Carpinteria, CA 93013
Canalino Village NeighborhoodEstimated payment $9,805/month
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
Pinnacle Estate Properties, Inc. Brokerage Phone: 818-653-2691 License #00686667 Listed on: 05/09/2025

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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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 |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25104135

APN: 003-142-015
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