NOT LISTED FOR SALE

1465 E Mountain Dr Montecito, CA 93108

Estimated Value: $8,317,000 - $13,279,204

3 Beds
5.5 Baths
7,043 Sq Ft
$1,397/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $5,225,000 $742 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $56,599/month

448 Days on Market

Highlights

  • Ocean View
  • Spa
  • Multiple Fireplaces
  • Santa Barbara Senior High School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of September 2020

Mediterranean meets modernism in this spectacular Montecito home in the community's coveted Golden Quadrangle. From its artist-designed entry gates and hand-laid brick driveway and motor court, to the generous use of wood floors on the entry level, marble and Honduran mahogany in its interior, the home offers an unsurpassed air of relaxed luxury. Designed by an elite team of two architects and an artist, the manse takes full advantage of natural light and breathtaking ocean vistas. A magnificent foyer exudes sophistication and previews the home's ambiance of spaciousness and light. The living room feature soaring ceilings and 9-ft. French doors with clerestory windows above. Rooms open to a portico and expansive terrace overlooking the dramatic pool and spa. The designer kitchen is a gourmet dream, featuring custom cabinetry, large center islands and top-of-the-line appliances. There are 2 master suites plus a 3rd bedroom suite, a multi-purpose room, safe room, family room and integrated sound, security and lighting systems.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 05/29/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 1.43 Acre Lot
  • Gated Home

Parking

  • Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Mediterranean Architecture
  • Tri-Level Property
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,043 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Sun or Florida Room
  • Home Gym
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 011-100-044

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1994
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Gate:Elec, Other
  • Architectural Style: Medit
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • Property Information Year Built2: 1994
  • Property Information Apx # Acres: 1.43
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Tile3: Yes
  • ParkingGarage Gar #33: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • WaterSewer Pvt Well In: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Construction Tri-Level2: Yes
  • Rooms Game Room3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, 2, LR
  • Bedrooms Basement: Yes
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Acres: 1.43
  • Exterior Features: Other, Pool, Deck, Patio Open, Patio Covered, Hot Tub

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Private, 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 #: 011-100-044
  • Zoning: Other
  • Lot Size Sq Ft: 62290.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Sep 9, 2020
Sold by
Azad Manouchehr and Azad Lila May
Bought by
Charney Scott and Charney Ellen Mcdermott
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$7,500,000
Sold Price
$5,225,000
Premium/Discount to List
-$2,275,000
-30.33%
Current Estimated Value
$9,838,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,613,051
Avg. Annual Appreciation
12.63%

Purchase Details

Closed on
Jun 19, 2001
Sold by
Oscar Joseph Hospitality Partners Llc
Bought by
Azad Manouchehr and Azad Lila May

Purchase Details

Closed on
Jan 25, 2000
Sold by
Azad Fam Tr 9-25-78 Azad Manochehr & Lila May
Bought by
Oscar Joseph Hospitality Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back
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
Charney Scott $5,500,000 Chicago Title Company
Azad Manouchehr -- Chicago Title Co
Oscar Joseph Hospitality Partners Llc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oscar Joseph Hospitality Partners Llc $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $5,225,000 -30.3% $742 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
05/28/2019 05/28/19 For Sale $7,500,000 -- $1,065 / 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 $61,868 $5,953,375 $2,381,350 $3,572,025
2023 $61,868 $5,645,160 $2,288,880 $3,356,280
2022 $59,753 $5,610,000 $2,244,000 $3,366,000
2021 $58,515 $5,500,000 $2,200,000 $3,300,000
2020 $24,203 $2,165,440 $494,713 $1,670,727
2019 $23,486 $2,122,981 $485,013 $1,637,968
2018 $23,055 $2,081,354 $475,503 $1,605,851
2017 $22,590 $2,040,544 $466,180 $1,574,364
2016 $21,899 $2,000,535 $457,040 $1,543,495
2014 $21,105 $1,931,888 $441,357 $1,490,531
Source: Public Records

Agents Affiliated with this Home

  • Cristal Clarke

    Seller's Agent in 2020

    Cristal Clarke

    Berkshire Hathaway HomeServices California Properties

    (805) 886-9378

    106 in this area

    211 Total Sales

    Cristal Clarke
    Section Image
  • Robert Riskin

    Buyer's Agent in 2020

    Robert Riskin

    Village Properties

    (805) 698-0199

    140 in this area

    210 Total Sales

    Robert Riskin
    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1886

Santa Barbara Multiple Listing Service

APN: 011-100-044

California Santa Barbara County Montecito 93108

1465 E Mountain Dr, Montecito, CA

Not Listed for Sale

Detached

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