NOT LISTED FOR SALE

1423 E Mountain Dr Santa Barbara, CA 93108

Estimated Value: $8,697,000 - $11,514,582

4 Beds
5 Baths
4,636 Sq Ft
$2,100/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $8,800,000 $1,898 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $57,936/month

6 Days on Market

Highlights

  • Ocean View
  • Spa
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Reverse Osmosis System

About This Home

As of April 2021

Set on over an acre of bucolic grounds, ocean/mountain views & professionally landscaped by Eric Nagelmann, sits this majestic 4-bedroom Mediterranean Masterpiece replete with resort-style amenities. Remodeled by DD Ford in 2017, this classic home is breathtaking. Grand formal entry allows your eye to travel past the chic living room to the private grounds. Hop into the light-filled office for a quiet place to work. Gourmet kitchen/great room features large pocket doors that open to the pool, verdant lawns & mountain views. Gracious master suite offers a balcony that beckons you to take in the beautiful ocean views. Minutes to Montecito's upper village & MUS school, this home represents the comfort, convenience & luxury lifestyle for which this area has become famous & desired world-wide.

Last Agent to Sell the Property

Jim Scarborough

Berkshire Hathaway HomeServices California Properties License #01182792 Listed on: 03/05/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Wendy Gragg

Distinctive Real Estate License #01304471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,012

Year Built

  • Built in 1986

Lot Details

  • 1.18 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,636 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Stove
  • Dishwasher
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom
  • 5 Full Bathrooms

Home Security

  • Monitored
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Deck
  • Covered Patio or Porch
  • Built-In Barbecue

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well

Listing and Financial Details

  • Assessor Parcel Number 011-100-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,012

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Directions: San Ysidro to E. Mountain Drive
  • Prop. Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Monitored, Gate:Elec, Security Camera, Security System, Fire Alarm, Smoke Detector(s)
  • Architectural Style: Medit
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1986
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.18
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: 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
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Security Security Camera2: Yes
  • Property Information Apx Lot SqFt: 51401.0
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • WaterSewer Shared Well: Yes
  • Security Fire Alarm2: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Security Monitored2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Gas Stove, Rev Osmosis
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Acres: 1.18
  • Topography: Level
  • Exterior Features: Pool, Deck, Patio Covered, SPA-Outside, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well, 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 #: 011-100-031
  • Zoning: R-1
  • Lot Size Sq Ft: 51401.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Mar 30, 2021
Sold by
Hall Donald K and The Bearhorn 2020 Revocable Tr
Bought by
Keister John and 880 Picacho Lane Trust
Seller's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Wendy Gragg
Distinctive Real Estate
List Price
$7,995,000
Sold Price
$8,800,000
Premium/Discount to List
$805,000
10.07%
Current Estimated Value
$9,089,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,969
Avg. Annual Appreciation
2.35%

Purchase Details

Closed on
Sep 2, 2020
Sold by
Hall Donald K and Hall Kara Lee
Bought by
Hall Donald K and The Bearhorn 2020 Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 31, 2016
Sold by
Maloco Michael J and Maloco Ginny
Bought by
Hall Donald K and Hall Kara Lee
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
List Price
$4,695,000
Sold Price
$4,150,000
Premium/Discount to List
-$545,000
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%

Purchase Details

Closed on
Jun 17, 2008
Sold by
Maloco Michael J and Maloco Ginny
Bought by
Maloco Michael J and Maloco Ginny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,353,220
Interest Rate
4.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 10, 2005
Sold by
Dworet Laurence and Robertson Antonia
Bought by
Maloco Michael L and Maloco Ginny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 1998
Sold by
Dworet Laurence J and Dworet Antonia J
Bought by
Dworet Laurence and Robertson Antonia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Keister John $8,800,000 Chicago Title Company
Hall Donald K -- None Available
Hall Donald K $4,150,000 Fidelity National Title Co
Maloco Michael J -- Chicago Title Company
Maloco Michael L -- Lawyers Title Company
Dworet Laurence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 880 Picacho Lane Trust $4,840,000
Previous Owner Hall Donald K $3,000,000
Previous Owner Maloco Michael J $3,353,220
Previous Owner Maloco Michael L $3,095,000
Previous Owner Maloco Michael L $3,000,000
Previous Owner Dworet Laurence $200,000
Previous Owner Dworet Laurence $689,000
Previous Owner Dworet Laurence $687,000
Previous Owner Dworet Laurence $690,000
Previous Owner Dworet Laurence $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $8,800,000 +10.1% $1,898 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $7,995,000 +92.7% $1,725 / Sq Ft
06/13/2016 06/13/16 Sold $4,150,000 -11.6% $895 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $4,695,000 -- $1,013 / 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 $98,012 $9,525,401 $4,546,214 $4,979,187
2023 $98,012 $9,155,520 $4,369,680 $4,785,840
2022 $94,549 $8,976,000 $4,284,000 $4,692,000
2021 $48,623 $4,538,629 $2,734,114 $1,804,515
2020 $48,154 $4,492,092 $2,706,080 $1,786,012
2019 $47,014 $4,404,013 $2,653,020 $1,750,993
2018 $46,123 $4,317,660 $2,601,000 $1,716,660
2017 $45,265 $4,233,000 $2,550,000 $1,683,000
2016 $41,305 $3,897,000 $2,116,000 $1,781,000
2015 $40,408 $3,821,000 $2,075,000 $1,746,000
2014 $38,668 $3,639,000 $1,976,000 $1,663,000
Source: Public Records

Agents Affiliated with this Home

  • Jim Scarborough

    Seller's Agent in 2021

    Jim Scarborough

    Berkshire Hathaway HomeServices California Properties

    (805) 331-1465

    13 in this area

    79 Total Sales

    Section Image

  • W

    Buyer's Agent in 2021

    Wendy Gragg

    Distinctive Real Estate

    (805) 453-3371

    12 in this area

    20 Total Sales

    Section Image

  • M

    Seller's Agent in 2016

    Michael Calcagno

    Berkshire Hathaway HomeServices California Properties

    (805) 896-0876

    59 in this area

    297 Total Sales

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-811

Santa Barbara Multiple Listing Service

APN: 011-100-031

California Santa Barbara County Santa Barbara 93108

1423 E Mountain Dr, Santa Barbara, CA

This home is located at 1423 E Mountain Dr, Santa Barbara, CA 93108 since 05 March 2021 and is currently estimated at $9,735,194, approximately $2,099 per square foot. This property was built in 1986. 1423 E Mountain Dr is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel School.

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