NOT LISTED FOR SALE

Estimated Value: $2,830,000

3 Beds
3.5 Baths
5,629 Sq Ft
$503/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $2,800,000 $497 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $17,975/month

290 Days on Market

Highlights

  • Additional Residence on Property
  • Ocean View
  • 38.23 Acre Lot
  • Ellwood Elementary School Rated A-
  • Property is near an ocean
  • Fruit Trees

About This Home

As of March 2022

Rare opportunity to own a beautiful home in a private gated community on 38 acres in the Goleta Foothills. Enjoy spectacular panoramic views of the ocean, islands, mountains and expansive coastline. This 3500 sq ft Timberpeg post and beam construction home offers 3 bd, 3.5 bath plus library/4th bd, office space AND 2000 sq ft basement! Detached 3 car garage. Entertaining is a breeze in the custom kitchen with a picture window overlooking the islands and 6 burner Viking stove, two ovens and pantry. Enjoy time by one of three fireplaces or head outside to enjoy the view from the beautiful wrap around deck or balcony. Orchard includes 2400+/- mature producing avocado trees joined by a variety of blood orange, lemon, lime, peach, grapefruit and more. Water sources includ 100,000 gal reservoir, 1500 gal water tank and 3 wells. Near schools, shopping, Ellwood Preserve, Santa Barbara Airport, Sandpiper Golf Course, and the Ritz Carlton Bacara Resort.

Last Agent to Sell the Property

Lyn Essig

Berkshire Hathaway HomeServices California Properties License #02049168 Listed on: 11/10/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Lyn Essig

Berkshire Hathaway HomeServices California Properties License #02049168 Listed on: 11/10/2021

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,655

Year Built

  • Built in 1991

Lot Details

  • 38.23 Acre Lot
  • Gated Home
  • Lot Sloped Down
  • Hilly Lot
  • Mountainous Lot
  • Fruit Trees
  • Property is in excellent condition

Parking

  • Detached Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5,629 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Fire and Smoke Detector
  • Washer
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Outdoor Features

  • Property is near an ocean
  • Deck
  • Shed

Additional Homes

  • Additional Residence on Property

Location

  • Property is near schools
  • Property is near shops

Schools

  • Ellwood Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Well
  • Septic System

Community Details

  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 079-060-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,655

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Directions: 101 North to Winchester Canyon Exit. Straight along Calle Real. Right on Farren Road. 101 South to Hollister Avenue exit. Left over freeway. Left on Calle Real at stop sign. Right on Farren Road
  • Prop. Type: Residential
  • Year Built: 1991
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Mountain, Sloped Down
  • ResoSecurityFeatures: Gate:Elec, Fire Alarm, Smoke Detector(s)
  • Subdivision Name: Other
  • Reso Flooring: Carpet, Hardwood, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two, Outside Stairs
  • New Construction: No
  • Reso Other Structures: Other, Shed(s), Second Residence
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1991
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 38.23
  • NeighborhoodSchools Elementary School: Ellwood
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Hilly2: Yes
  • LocationTopo Mountain3: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 5629.0
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Pvt Well In: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • Amenities Second Residence: Yes
  • ParkingGarage Detached: Yes
  • Security Fire Alarm2: Yes
  • ParkingGarage Gar #12: Yes
  • LocationTopo Downslope2: Yes
  • Rooms:Den: Yes
  • LocationTopo Foothills2: Yes
  • Pets No8: Yes
  • Cooling Ceiling Fan(s): Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Gas Stove, Microwave, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Family Room, 2+, Gas, LR
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Ocean, Panoramic
  • Construction Type: Other, Wood Siding
  • Acres: 38.23
  • Topography: Downslope, Mountain, Foothills, Hilly
  • Exterior Features: Deck, Fruit Trees
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1, Gar #2, Gar #3, Detached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Ellwood
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 079-060-053
  • Zoning: Other
  • Lot Size Sq Ft: 1665298.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Hess Charles
Bought by
Charles D Hess Jr Trust
Current Estimated Value
$2,830,000

Purchase Details

Closed on
Sep 15, 2022
Sold by
1400Farrenrd Llc
Bought by
Hess Charles

Purchase Details

Listed on
Nov 10, 2021
Closed on
Mar 18, 2022
Sold by
Coslett Jay F
Bought by
1400Farrenrd Llc
Seller's Agent
Lyn Essig
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lyn Essig
Berkshire Hathaway HomeServices California Properties
List Price
$3,500,000
Sold Price
$2,800,000
Premium/Discount to List
-$700,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%

Purchase Details

Closed on
Mar 27, 2007
Sold by
Coslett Jay and Robertson Coslett Mary
Bought by
Coslett Jay F and Robertson Coslett Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
7.41%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 28, 2001
Sold by
Coslett Jay and Robertson Coslett Mary
Bought by
Coslett Jay and Robertson Coslett Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.25%
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
Charles D Hess Jr Trust -- None Listed On Document
Hess Charles $405,500 Fidelity National Title
1400Farrenrd Llc $2,800,000 Fidelity National Title
Coslett Jay F -- First American Title Company
Coslett Jay -- First American Title
Coslett Jay -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coslett Jay F $458,000
Previous Owner Coslett Jay $459,000
Previous Owner Coslett Jay $480,000
Previous Owner The Declaration Of Trust $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $2,800,000 -20.0% $497 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
04/28/2021 04/28/21 For Sale $3,500,000 -- $622 / 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 $30,655 $2,934,120 $941,430 $1,992,690
2023 $30,655 $2,837,747 $932,508 $1,905,239
2022 $13,136 $1,226,709 $480,553 $746,156
2021 $12,067 $1,124,031 $462,573 $661,458
2020 $14,386 $1,367,253 $492,041 $875,212
2019 $14,541 $1,381,518 $475,354 $906,164
2018 $14,505 $1,378,087 $459,733 $918,354
2017 $14,236 $1,348,891 $452,363 $896,528
2016 $13,742 $1,310,348 $438,122 $872,226
2014 $12,088 $1,142,210 $423,975 $718,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-1527

Santa Barbara Multiple Listing Service

APN: 079-060-053