Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
2 in Montecito
$8.9M - $25.1M Price Range
1492 E Mountain Dr Santa Barbara, CA 93108
Montecito AreaEstimated Value: $8,286,000 - $12,209,292
6
Acres
$1,597,512
Price per Acre
261,360
Sq Ft Lot
Highlights
- Ocean View
- Property is near an ocean
- Property is near park, schools, and shops
- Santa Barbara Senior High School Rated A-
- 6 Acre Lot
About This Lot
As of November 2023Welcome to Montecito's most exclusive and coveted real estate opportunity, a breathtaking 6-acres in total (1492 East Mountain Drive consists of 1.83 acres and 1496 East Mountain Drive consists of 4.17 acres) with panoramic ocean and island views as well as the unique opportunity to own a 1 acre producing Chardonnay vineyard. Located in the prestigious ''Golden Quadrangle'' of Montecito, California, this remarkable property is situated near the famed San Ysidro Ranch and minutes to Butterfly Beach, The Coral Casino, Birnam Wood Golf Club, Knowlwood Tennis Club and The Montecito Club, offering access to a truly luxurious lifestyle. This remarkable 2 parcel property offers the chance to build your dream estate while living onsite in the existing traditionally styled French home, featuring Welcome to Montecito's most exclusive and coveted real estate opportunity, a breathtaking 6-acres in total (1492 East Mountain Drive consists of 1.83 acres and 1496 East Mountain Drive consists of 4.17 acres) with panoramic ocean and island views as well as the unique opportunity to own a 1 acre producing Chardonnay vineyard. Located in the prestigious ''Golden Quadrangle'' of Montecito, California, this remarkable property is situated near the famed San Ysidro Ranch and minutes to Butterfly Beach, The Coral Casino, Birnam Wood Golf Club, Knowlwood Tennis Club and The Montecito Club, offering access to a truly luxurious lifestyle. This remarkable 2 parcel property offers the chance to build your dream estate while living onsite in the existing traditionally styled French home, featuring 4 bedrooms and 5 baths, a spa and a sparkling pool. This charming residence showcases exquisite craftsmanship and offers lovely views of the Pacific Ocean and the Channel Islands. Step outside to take a walk and be greeted by the beauty of your vineyard, where rows of Chardonnay vines thrive, adding to the allure and character of the property.
The combination of stunning ocean views, the tranquility of the vineyard, and the elegant French home creates an idyllic setting for a luxurious lifestyle. This property allows you to indulge in the art of winemaking while embracing the beauty of the surrounding landscape.
Design your dream estate, complete with all the amenities to indulge in the epitome of luxury living. Utilize the expansive acreage to craft a private oasis, where lush gardens, serene pathways, and breathtaking vistas come together to create a harmonious retreat. Imagine hosting extravagant soirees on your sprawling terraces, with a backdrop of mesmerizing sunset views and the opportunity to serve the wine that you have produced. Whether you envision a grand estate or a private compound, this property can accommodate your vision of the ultimate luxury lifestyle.
Montecito is renowned for its natural beauty, refined elegance, and exclusive community, making it an ideal place to call home. With its proximity to world-class amenities and the allure of a relaxed coastal lifestyle, this property is a rare gem. Seize this unique opportunity to build your dream home, establish a legacy property, and enjoy the privilege of living in one of California's most prestigious coastal communities.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #02024147 Listed on: 08/11/2023
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Property Details
Property Type
- Land
Lot Details
- 6
Property Views
- Ocean
- Panoramic
- Mountain
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Property is near an ocean
- 6 Acre Lot
- Property is near park, schools, and shops
Listing and Financial Details
- Assessor Parcel Number 011-060-045
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
Closed on
Apr 15, 2014
Sold by
Pearcy John K
Bought by
Current Estimated Value
Purchase Details
Closed on
Jun 28, 2006
Sold by
Pearcy Constance F
Bought by
Pearcy John K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 29, 2000
Sold by
Montecito Interests Ltd
Bought by
Prescott Interests Ltd
Purchase Details
Closed on
Sep 16, 1999
Sold by
Montecito Interest Ltd
Bought by
Prescott Interest Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
7.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 13, 1999
Sold by
Pearcy John K
Bought by
Montecito Interest Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
7.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 9, 1999
Sold by
Dillon Victoria Marie and Downs Christina Dillon
Bought by
Pearcy John K and Montecito Interests Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
7.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 8, 1999
Sold by
Pearcy Constance F
Bought by
Pearcy John K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
7.75%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Santa Barbara, CA
-
Tiffany Dore
-
Jason Saltoun
Jason Saltoun
Jason Saltoun-Ebin
(805) 617-1502
12 Total Sales
2 in Montecito
$3,148,820 Price Range
-
Tamra Van Order
Tamra Van Order
Responds QuicklyKeller Williams Realty Santa Barbara
(805) 308-6428
32 Total Sales
1 in Montecito
$5,400,000 Price
-
Lisa Scibird
Lisa Scibird
Berkshire Hathaway HomeServices California Properties
(805) 456-1528
7 Total Sales
3 in Montecito
$2.9M - $5.4M Price Range
-
Maurie McGuire
Maurie McGuire
Sotheby's International Realty
(805) 617-1644
22 Total Sales
5 in Montecito
$3.5M - $8.5M Price Range
-
Susan Pate
Susan Pate
Compass
(805) 617-1044
10 Total Sales
1 in Montecito
$3,460,000 Price
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 |
|---|---|---|---|
| -- | None Available | ||
| Constance 1496 East Mountain Ltd | -- | None Available | |
| Pearcy John K | -- | None Available | |
| Pearcy John K | -- | Fidelity National Title Co | |
| Prescott Interests Ltd | -- | None Available | |
| Pearcy John K | -- | Fidelity National Title Co | |
| Prescott Interests Ltd | $1,326,000 | -- | |
| Prescott Interest Ltd | $396,000 | -- | |
| Montecito Interest Ltd | -- | Lawyers Title Company | |
| Pearcy John K | -- | Lawyers Title Company | |
| Pearcy John K | -- | Lawyers Title Company |
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 |
|---|---|---|---|
| Previous Owner | $2,000,000 | ||
| Previous Owner | Prescott Interests Ltd | $1,000,000 | |
| Previous Owner | Prescott Interests Ltd | $3,350,000 | |
| Previous Owner | Pearcy John K | $3,450,000 |
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 |
|---|---|---|---|---|---|
| 11/20/2023 11/20/23 | Sold | $12,000,000 | 0.0% | -- | |
| 11/20/2023 11/20/23 | Sold | $12,000,000 | -20.0% | $2,682 / Sq Ft | View Prior Sale |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- | |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- | |
| 10/16/2023 10/16/23 | Price Changed | $15,000,000 | 0.0% | -- | |
| 10/16/2023 10/16/23 | Price Changed | $15,000,000 | -16.7% | $3,352 / Sq Ft | |
| 08/11/2023 08/11/23 | For Sale | $18,000,000 | 0.0% | -- | |
| 07/28/2023 07/28/23 | For Sale | $18,000,000 | -- | $4,022 / 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 | -- | $12,484,800 | $9,321,984 | $3,162,816 |
| 2025 | $75,344 | $7,140,000 | $4,080,000 | $3,060,000 |
| 2023 | $73,975 | $4,605,338 | $3,713,276 | $892,062 |
| 2022 | $48,579 | $4,515,038 | $3,640,467 | $874,571 |
| 2021 | $47,581 | $4,426,509 | $3,569,086 | $857,423 |
| 2020 | $47,121 | $4,381,122 | $3,532,490 | $848,632 |
| 2019 | $45,896 | $4,295,219 | $3,463,226 | $831,993 |
| 2018 | $45,026 | $4,211,000 | $3,395,320 | $815,680 |
| 2017 | $44,188 | $4,128,433 | $3,328,746 | $799,687 |
| 2016 | $42,848 | $4,047,484 | $3,263,477 | $784,007 |
| 2014 | $41,446 | $3,908,596 | $3,151,491 | $757,105 |
Source: Public Records
Agents Affiliated with this Home
-
Rachael Douglas
Seller's Agent in 2023
Rachael Douglas
Berkshire Hathaway HomeServices California Properties
(805) 969-5026
48 Total Sales
-
Marcy Bazzani
MB
Buyer's Agent in 2023
Marcy Bazzani
Village Properties
(805) 717-0450
30 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-2394
APN: 011-060-045
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This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
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