NOT LISTED FOR SALE

1510 San Leandro Ln Montecito, CA 93108

Estimated Value: $8,380,000 - $9,750,281

0.86 Acre
$10,350,372 Price per Acre
37,462 Sq Ft Lot

Last Sold August 26, 2020

Last sale price $1,310,000

Est. 579% increase in value since last sale

Current estimated payment $54,542/month

413 Days on Market

Highlights

  • Property is near an ocean
  • Mountain View
  • Level Lot
  • Santa Barbara Senior High School Rated A-
  • Property is near a park

About This Lot

As of August 2020

Two sources of unlimited water available to this site. Not in any flood plain or red zone. Extremely rare, ready to build Montecito .86+/- flat parcel located between Rosewood Miramar resort, Miramar beach and the Upper Village. Plenty of room to do a spacious one or two story house plus ADU with additional amenities. Lovely mountain views accent the site which is located outside of any red zone concerns. A pleasant walking path is easily accessed to take one to Montecito Union School, Laguna Blanca school or the shops and restaurants of both the Upper Village or Coast Village Road. Recent sales make this a solid investment for development. Conceptual plans for home options for this property. Access is off of San Leandro.

Last Agent to Sell the Property

Sandy Stahl

Sotheby's International Realty License #01040095 Listed on: 03/27/2020

Sotheby's International Realty

Last Buyer's Agent

Sandy Stahl

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $77,003

Lot Details

  • 0.86 Acre Lot
  • Level Lot

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Additional Features

  • Mountain Views
  • Property is near an ocean

Listing and Financial Details

  • Assessor Parcel Number 009-203-011

Property Details

Property Type

Land

Est. Annual Taxes

$77,003

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level, Near Public Transit
  • Property Information Apx # Acres: 0.86
  • 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
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s)
  • Acres: 0.86
  • Topography: Level

Schools

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

Lot Info

  • Parcel #: 009-203-011
  • Zoning: R-1
  • Lot Size Sq Ft: 37461.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Kalouria Bradhering Trust and Bradhering Gary
Bought by
Kalouria Bradhering Trust and Bradhering
Current Estimated Value
$8,901,320

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
Outstanding Balance
$2,992,085
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
$5,909,235

Purchase Details

Listed on
Mar 27, 2020
Closed on
Aug 19, 2020
Sold by
Design Build Concepts Llc
Bought by
Bradhering Gary and Kaouria Sheraton
Seller's Agent
Sandy Stahl
Sotheby's International Realty
Buyer's Agent
Sandy Stahl
Coldwell Banker Realty
List Price
$1,450,000
Sold Price
$1,310,000
Premium/Discount to List
-$140,000
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.26%

Purchase Details

Closed on
Jun 12, 2014
Sold by
The Maxwell & Beverly Sanders Family Lim
Bought by
Design & Build Concepts Llc

Purchase Details

Closed on
Jul 29, 2011
Sold by
Sanders Maxwell B and Sanders Richard W
Bought by
The Maxwell & Beverly Sanders Family Lim

Purchase Details

Closed on
Nov 1, 2004
Sold by
Sanders Maxwell B and Sanders Richard W
Bought by
Sanders Maxwell B and Sanders Richard W
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
Kalouria Bradhering Trust -- First American Title
Bradhering Gary $1,310,000 Chicago Title Company
Design & Build Concepts Llc $1,100,000 Chicago Title Company
The Maxwell & Beverly Sanders Family Lim -- None Available
Sanders Maxwell B -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalouria Bradhering Trust $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $1,310,000 -9.7% --
08/21/2020 08/21/20 Pending -- -- --
07/05/2019 07/05/19 For Sale $1,450,000 -- --
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 $77,003 $7,384,985 $1,468,985 $5,916,000
2023 $77,003 $2,788,924 $1,412,924 $1,376,000
2022 $14,014 $1,336,200 $1,336,200 $0
2021 $13,719 $1,310,000 $1,310,000 $0
2020 $12,679 $1,208,831 $1,208,831 $0
2019 $12,267 $1,185,129 $1,185,129 $0
2018 $12,027 $1,161,892 $1,161,892 $0
2017 $11,823 $1,139,110 $1,139,110 $0
2016 $11,514 $1,116,775 $1,116,775 $0
2014 $9,811 $945,186 $945,186 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2350

Santa Barbara Multiple Listing Service

APN: 009-203-011