NOT LISTED FOR SALE

Estimated Value: $4,640,000 - $4,780,000

4 Beds
5 Baths
2,423 Sq Ft
$1,949/Sq Ft Est. Value

Sale Details

Date Sold: January 8, 2025

Last sale price $4,245,000 $1,752 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $28,755 / mo

80 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • Spa
  • 5.21 Acre Lot

About This Home

As of January 2025

Discover one of the Riviera's best kept secrets.. 1402 Grand Avenue offers 5+ park-like acres of breathtaking, unobstructed views of the city, ocean, islands, and the Santa Barbara Harbor. Peacefully nestled in a serene setting, this unique property features a tastefully remodeled main residence and a charming detached studio, all within a mile of the vibrant energy of downtown Santa Barbara.

Enter your private retreat via a meandering 600-foot gated drive that leads to an expansive parking area accommodating 10+ vehicles along with a brand new oversized 2 car garage. The main home features 4 bedrooms, 2 full baths, and 2 half baths, with mesmerizing ocean views from every room in the house. Highlights include a recently remodeled kitchen w/ high-end appliances, updated bathrooms & a combination of 8" wide French Oak & Italian stone flooring. The primary suite offers ample space to take in the city lights at night or one might find themself enjoying the elements from the large view deck just outside the sliding door.

The detached studio, complete with a full bath, offers amazing views along with a large rooftop deck that provides the perfect setting for outdoor gatherings. With over 600 square feet of outdoor patio space, this home seamlessly blends indoor and outdoor living, inviting you to soak in the views while admiring the natural beauties within the confines of your own personal park. Find yourself hiking in your own backyard, exploring multiple natural pathways, casually climbing over ridge-top trails & then escaping down into the hidden valleys that you'll find tucked amongst the 5+ acres. This is a rare opportunity to own a truly special ocean view "park" with the potential to be nothing less than iconic.

Last Agent to Sell the Property

Aaron L Gilles

Village Properties - 1 License #01509445 Listed on: 09/19/2024

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 5.21 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Irrigation
  • Hilly Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Parking

  • 2 Car Detached Garage
  • Uncovered Parking

Property Views

  • Ocean
  • Island
  • Coastline
  • Harbor
  • Panoramic
  • City
  • Woods
  • Mountain
  • Park or Greenbelt

Home Design

  • Mediterranean Architecture
  • Raised Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,423 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Office or Studio

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater

Additional Features

  • Guest House
  • Property is near park, public transit, schools, shops, and bus stop

Listing and Financial Details

  • Assessor Parcel Number 029-110-047
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 15 Riviera/Lower Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

5.21 Acres

Parking

2

Listing Details

  • Directions: Alta Vista to Grand Ave. Driveway is at the end of Grand Ave.
  • Prop. Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Rolling Slope, Cul-De-Sac, Near Public Transit
  • Road Frontage Type: Easement
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Studio
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1962
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 5.21
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Rolly2: Yes
  • LocationTopo Hilly2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 2423.0
  • Construction Two Story2: Yes
  • Other Buildings Studio: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Amenities Guest House2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • View Green Belt2: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • ParkingGarage Detached: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Appliances Included Gas Tankless Water Heater: Yes
  • Style Medit2: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Dining In Living Room2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Status Information Seller Concessions3: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Other
  • View: Mountain(s), Islands, Coastline, Ocean, City, Harbor, Green Belt, Wooded, Panoramic
  • Construction Type: Stucco
  • Acres: 5.21
  • Topography: Hilly, Rolly
  • Exterior Features: Deck, Patio Open, Hot Tub, Lawn, Fruit Trees, Wooded, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Slab, Raised, Mixed

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gar #2, Unc #4, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 029-110-047
  • Zoning: Other
  • Lot Size Sq Ft: 226947.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Jan 3, 2025
Sold by
Bought by
Seller's Agent
Aaron L Gilles
Village Properties - 1
Buyer's Agent
Non Member
Non Member Office
List Price
$5,395,000
Sold Price
$4,245,000
Premium/Discount to List
-$1,150,000
-21.32%
Views
466
Current Estimated Value
$4,721,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,795
Avg. Annual Appreciation
7.30%
Original Mortgage
$2,971,500
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2023
Sold by
Bought by

Purchase Details

Listed on
Apr 13, 2016
Closed on
Aug 24, 2016
Sold by
Bought by
Seller's Agent
Sheela Hunt
Village Properties
Buyer's Agent
Aaron L Gilles
Village Properties - 1
List Price
$3,495,000
Sold Price
$2,872,500
Premium/Discount to List
-$622,500
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$2,441,625
Interest Rate
0.0345%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,245,000 Chicago Title Company
-- --
$2,872,500 Wfg National Title Company
$1,400,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,952,000
Closed $2,971,500
Previous Owner $3,000,000
Previous Owner $2,210,000
Previous Owner $2,441,625
Previous Owner $1,000,000
Previous Owner $400,000
Previous Owner $1,137,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2025 01/08/25 Sold $4,245,000 -3.5% $1,752 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
11/13/2024 11/13/24 Price Changed $4,400,000 -11.1% $1,816 / Sq Ft
10/09/2024 10/09/24 Price Changed $4,950,000 -8.2% $2,043 / Sq Ft
09/19/2024 09/19/24 For Sale $5,395,000 +87.8% $2,227 / Sq Ft
09/06/2016 09/06/16 Sold $2,872,500 -17.8% $1,306 / Sq Ft View Prior Sale
06/24/2016 06/24/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $3,495,000 -- $1,589 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $36,318 $4,329,900 $2,958,000 $1,371,900
2025 $35,694 $3,430,676 $2,442,327 $988,349
2023 $35,694 $3,269,324 $2,347,588 $921,736
2022 $33,468 $3,141,495 $2,296,655 $844,840
2021 $32,697 $3,079,898 $2,251,623 $828,275
2020 $32,359 $3,048,319 $2,228,536 $819,783
2019 $31,792 $2,988,549 $2,184,840 $803,709
2018 $31,340 $2,929,950 $2,142,000 $787,950
2017 $30,303 $2,872,500 $2,100,000 $772,500
2016 $15,875 $1,499,572 $1,177,496 $322,076
2014 $15,443 $1,448,114 $1,137,090 $311,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-3126

Santa Barbara Multiple Listing Service

APN: 029-110-047

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