NOT LISTED FOR SALE

1417 E Mountain Dr Santa Barbara, CA 93108

Estimated Value: $5,772,000 - $12,205,969

5 Beds
6.5 Baths
5,144 Sq Ft
$1,588/Sq Ft Est. Value

Last Sold April 04, 2019

Last sale price $3,250,000 $632 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $47,108/month

402 Days on Market

Highlights

  • Ocean View
  • Guest House
  • RV Access or Parking
  • Santa Barbara Senior High School Rated A-
  • Pool House
  • Reverse Osmosis System

About This Home

As of April 2019

Montecito Living at its Best! Nestled Down a Private Drive Within a Completely Secluded Setting. Adjacent to Picacho Lane & Within a Safe Environmental Zone. Close to Upper Village Amenities & Montecito Union School. This Mediterranean Home Captures Spectacular Mountain Views & Peeks of the Ocean from a Serene Setting with 40' Swimming Pool. Resort Amenities for an Extended Family or Those Seeking Privacy to Entertain, Relax and Vacation. Custom Single-Level Main House (5BD/5.5BA) Plus a Private Guest/Nanny Suite Downstairs. Detached Fully Contained and Very Spacious Pool Cabana w/ Guest Rooms. Oversize 4-Car Garage, 8 Car Motor Court, Outdoor Fireplace Lounge, Orchard and Ample Space for a Sports Court or Vineyard. An Excellent Opportunity That Won't Last!

Last Agent to Sell the Property

Bruce Venturelli

Sotheby's International Realty License #00683076 Listed on: 03/10/2019

Co-Listed By

Gabe Venturelli

Coldwell Banker Realty

Last Buyer's Agent

Richard Mann

Keller Williams Realty Santa Barbara

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Property is in good condition
  • Property is zoned E-1

Parking

  • 4 Car Direct Access Garage
  • 8 Open Parking Spaces
  • RV Access or Parking

Property Views

  • Ocean
  • Panoramic
  • Woods
  • Peek-A-Boo
  • Mountain

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,144 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Stove
  • Gas Range
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

  • Fireplace in Patio
  • Patio
  • Gazebo

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Sewer Stub Out

Additional Features

  • Stepless Entry
  • Guest House
  • Property is near park, schools, and shops

Community Details

  • Montecito Community

Listing and Financial Details

  • Assessor Parcel Number 011-100-025

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Directions: Directions East Valley Road to Picacho Lane. At the top of Picacho Lane turn right on East Mountain Drive. Then right at 1417 mailbox. Property is at the end of this private lane
  • Prop. Type: Residential
  • Year Built: 1996
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Cul-De-Sac
  • ResoSecurityFeatures: Security System, Fire Alarm, Smoke Detector(s)
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Architectural Style: Medit, Spanish
  • Reso Flooring: Carpet, Marble, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Outside Stairs
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1996
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Construction Entry Lvl(No Stairs)2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • FlrWdw Coverings Marble2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 5144.0
  • Exterior BrickStone: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Montecito
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Dog Run2: Yes
  • ViewOcean: Yes
  • ParkingGarage Total # Uncovered Spaces: 8.0
  • Security Fire Alarm2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Appliances Included Low Flow Fixtures2: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • View PartialFiltered2: Yes
  • WaterSewer Meter In: Yes
  • Appliances Included Central Vac2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • ParkingGarage RV: Yes
  • GroundsLandscaping Pool House2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 4.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Central Vac, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Low Flow Fixtures, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Other, 2+, Gas, LR, Patio
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Setting, Wooded, Partial/Filtered, Panoramic
  • Construction Type: Brick/Stone, Stucco
  • Acres: 1.0
  • Topography: Level
  • Exterior Features: Pool, Pool House, Patio Open, SPA-Outside, Gazebo, Dog Run, Fruit Trees, Wooded, Yard Irrigation T/O, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Open Parking Spaces: 8.0
  • Parking Features: Gar #4, RV, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Meter In, Mont Wtr
  • Heating:Forced Air: 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 #: 011-100-025
  • Zoning: E-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Thomas F Loeb 2006 Trust and Loeb Thomas F
Bought by
Loeb Thomas F and Loeb Deborah D
Current Estimated Value
$8,166,492

Purchase Details

Listed on
Mar 10, 2019
Closed on
Mar 21, 2019
Sold by
Burgo Dennis and Burgo Carole
Bought by
Hyde Partners Llc
Seller's Agent
Bruce Venturelli
Sotheby's International Realty
Buyer's Agent
Richard Mann
Keller Williams Realty Santa Barbara
List Price
$4,500,000
Sold Price
$3,250,000
Premium/Discount to List
-$1,250,000
-27.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%

Purchase Details

Closed on
Jun 14, 2006
Sold by
Gilkey Patsy L
Bought by
Burgo Carole Gilkey

Purchase Details

Closed on
Aug 29, 2002
Sold by
Gilkey Charles R
Bought by
Burgo Carole Gilkey

Purchase Details

Closed on
May 14, 1997
Sold by
Gilkey Charles R and Gilkey Patsy L
Bought by
Gilkey Charles R and Gilkey Patsy L

Purchase Details

Closed on
May 12, 1995
Sold by
Burgo Dennis
Bought by
Burgo Dennis and Burgo Carol
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loeb Thomas F -- None Listed On Document
Thomas F Loeb 2006 Trust -- None Listed On Document
Hyde Partners Llc $3,250,000 Fidelity National Title Co
Burgo Carole Gilkey -- None Available
Burgo Carole Gilkey -- --
Gilkey Charles R -- --
Burgo Dennis -- --
Burgo Dennis $257,500 --
Burgo Dennis J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2019 04/04/19 Sold $3,250,000 -27.8% $632 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
02/16/2018 02/16/18 For Sale $4,500,000 0.0% $875 / Sq Ft
09/13/2012 09/13/12 Rented -- -- --
09/13/2012 09/13/12 For Rent $11,000 -- --
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 $52,868 $4,995,305 $2,231,036 $2,764,269
2023 $52,868 $4,821,333 $2,144,403 $2,676,930
2022 $49,823 $4,585,621 $2,102,356 $2,483,265
2021 $36,987 $3,349,343 $2,061,134 $1,288,209
2020 $36,643 $3,315,000 $2,040,000 $1,275,000
2019 $28,783 $2,582,214 $683,419 $1,898,795
2018 $28,291 $2,531,583 $670,019 $1,861,564
2017 $27,699 $2,481,945 $656,882 $1,825,063
2016 $26,825 $2,433,280 $644,002 $1,789,278
2015 $26,210 $2,396,731 $634,329 $1,762,402
2014 -- $2,349,783 $621,904 $1,727,879
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bruce Venturelli

    Sotheby's International Realty

    (805) 448-3644

    Bruce Venturelli
    Section Image

  • G

    Seller Co-Listing Agent in 2019

    Gabe Venturelli

    Coldwell Banker Realty

  • R

    Buyer's Agent in 2019

    Richard Mann

    Keller Williams Realty Santa Barbara

  • A

    Buyer Co-Listing Agent in 2019

    Alexander Gallop

    Sotheby's International Realty

    (805) 451-1695

    15 Total Sales

    Alexander Gallop
    Section Image

  • S

    Seller's Agent in 2012

    Sheela Hunt

    Village Properties

    (805) 698-3767

    3 in this area

    21 Total Sales

    Sheela Hunt
    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-564

Santa Barbara Multiple Listing Service

APN: 011-100-025

California Santa Barbara County Santa Barbara 93108

1417 E Mountain Dr, Santa Barbara, CA

Not Listed for Sale

Detached

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