NOT LISTED FOR SALE

1405 Sea Meadow Place Montecito, CA 93108

Estimated Value: $6,587,000 - $20,230,988

3 Beds
3.5 Baths
4,557 Sq Ft
$2,943/Sq Ft Est. Value

Last Sold August 13, 2013

Last sale price $10,000,000 $2,194 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $84,259/month

38 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Fireplace in Primary Bedroom
  • Santa Barbara Senior High School Rated A-
  • Clubhouse
  • Normandy Architecture

About This Home

As of August 2013

This beachfront Gatsbyesque property—the home that sailors sight from the ocean and dream it might be theirs—is set on one of the most beautiful and exclusive lots on the California coastline.
The ocean views are breathtaking, and the beach beckons just beyond the rolling lawn.

Last Agent to Sell the Property

Brook Ashley

Berkshire Hathaway HomeServices California Properties License #01027187 Listed on: 07/02/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kathleen Hurley Winter Real Estate

Berkshire Hathaway HomeServices California Properties License #01022891

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $125,428

Year Built

  • Built in 2001

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Property is in excellent condition

HOA Fees

  • $2,646 Monthly HOA Fees

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Normandy Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Slate Roof
  • Stucco

Interior Spaces

  • 4,557 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Loft
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • Direct Access Garage
  • Open Parking

Accessible Home Design

  • Stepless Entry

Outdoor Features

  • Property is near an ocean
  • Patio

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Private Water Source
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-600-011

Community Details

Overview

  • Association fees include insurance, water, trash, prop mgmt, exterior maint, security
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$125,428

Year Built

Built in 2001

Lot Details

0

HOA Fees

$2,646 per month

Listing Details

  • Association Fee: 2646
  • Prop. Type: Residential
  • Year Built: 2001
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, In Garage
  • ResoLotFeatures: Level, Greenbelt, Cul-De-Sac
  • Reso Association Amenities: Tennis Court(s), Spa/Hot Tub, Clubhouse, Pool, Greenbelt, Security
  • Reso Association Fee Includes: Insurance, Water, Trash, Prop Mgmt, Exterior Maint, Security
  • Subdivision Name: Other
  • Architectural Style: FR Normand
  • Reso Flooring: Hardwood, Marble, Stone
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs)
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2001
  • Property Information Apx # Acres: 0.34
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • WaterSewer Pvt Wtr Sys: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Marble2: Yes
  • Exterior BrickStone: Yes
  • Rooms Exercise Room2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • ViewOcean: Yes
  • View Green Belt2: Yes
  • Laundry In Garage2: Yes
  • AssocPark Amenities Pool4: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Site Improvements Cable TV3: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Laundry Gas Hookup2: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • AssocPark Amenities Security: Yes
  • AssocPark Amenities Clubhouse: Yes
  • AssocPark Amenities SpaHot Tub: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Fee Incl Security2: Yes
  • Appliances Included Central Vac2: Yes
  • Roof Slate2: Yes
  • LocationTopo Greenbelt3: Yes
  • Rooms Loft2: Yes
  • ParkingGarage Unc #22: Yes
  • Style FR Normand2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Central Vac, Dishwasher, Disposal, Double Oven, Gas Stove, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Family Room, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Slate
  • View: Ocean, Setting, Green Belt
  • Construction Type: Brick/Stone, Stucco
  • Acres: 0.34
  • Topography: Greenbelt, Level
  • Exterior Features: Patio Open
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Gar #2, Unc #2, Interior Access, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Pvt Wtr Sys
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 009-600-011
  • Zoning: R-1
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2013
Closed on
Jul 18, 2013
Sold by
Turner Lyle Clayton and Turner Alison Christine
Bought by
Lyons Steven Ira
Seller's Agent
Brook Ashley
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kathleen Hurley Winter Real Estate
Berkshire Hathaway HomeServices California Properties
List Price
$10,900,000
Sold Price
$10,000,000
Premium/Discount to List
-$900,000
-8.26%
Current Estimated Value
$13,408,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,408,994
Avg. Annual Appreciation
2.44%
Original Mortgage
$1,100,000
Outstanding Balance
$776,738
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$12,632,256

Purchase Details

Listed on
Apr 3, 2012
Closed on
Jun 14, 2012
Sold by
Hawley Richard R and Hawley Renee D
Bought by
Turner Lyle Clayton and Turner Alison Christine
Seller's Agent
Susan Burns
Coldwell Banker Realty
Buyer's Agent
Brook Ashley
Berkshire Hathaway HomeServices California Properties
List Price
$9,875,000
Sold Price
$8,700,000
Premium/Discount to List
-$1,175,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%

Purchase Details

Closed on
Apr 2, 1999
Sold by
Ms Property Company
Bought by
Hawley Richard R and Hawley Renee D
Source: Public Records

Range of Values:

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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
Lyons Steven Ira $10,000,000 Chicago Title Company
Turner Lyle Clayton $8,700,000 Chicago Title Company
Hawley Richard R -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Steven Ira $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2013 08/13/13 Sold $10,000,000 -8.3% $2,194 / Sq Ft
07/21/2013 07/21/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $10,900,000 +25.3% $2,392 / Sq Ft
07/24/2012 07/24/12 Sold $8,700,000 -11.9% $1,909 / Sq Ft View Prior Sale
06/09/2012 06/09/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $9,875,000 -- $2,167 / 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 $125,428 $12,258,625 $7,355,177 $4,903,448
2023 $125,428 $11,782,609 $7,069,567 $4,713,042
2022 $120,886 $11,551,579 $6,930,949 $4,620,630
2021 $118,341 $11,325,079 $6,795,049 $4,530,030
2020 $117,165 $11,208,956 $6,725,375 $4,483,581
2019 $114,836 $10,989,173 $6,593,505 $4,395,668
2018 $112,612 $10,773,700 $6,464,221 $4,309,479
2017 $110,625 $10,562,452 $6,337,472 $4,224,980
2016 $107,287 $10,355,346 $6,213,208 $4,142,138
2014 $104,013 $10,000,000 $6,000,000 $4,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-1927

Santa Barbara Multiple Listing Service

APN: 009-600-011