Lisa Scibird
Berkshire Hathaway HomeServices California Properties
(805) 456-1528
7 Total Sales
3 in Montecito
$2.9M - $5.4M Price Range
1518 E Mountain Dr Santa Barbara, CA 93108
Montecito AreaEstimated Value: $6,880,000 - $23,226,663
8
Beds
13
Baths
11,428
Sq Ft
$1,317/Sq Ft
Est. Value
Highlights
- Ocean View
- Guest House
- Home Theater
- Santa Barbara Senior High School Rated A-
- Art Studio
- Pool
About This Home
As of December 2013This Montecito Estate sits on over 4.8 unparalleled panoramic ocean view acres on East Mountain Drive and at the pinnacle of the Golden Quadrangle; Montecito’s most sought after location. Minutes from the San Ysidro Ranch, the Upper Village and Beaches. Completed in 2008 by Becker Construction and Designed by Cearnal Andrulaitis Architects. This nearly 12,000 sq ft estate offers 5 en suite bedrooms in the main house, including a ground-floor Master Bedroom with dual master baths, an outstanding 2 story great room with expansive 20 foot sliding glass doors with spectacular ocean views, gourmet kitchen with two islands, separate eating nook with cobblestone fireplace and sitting area, family room with built-in cabinetry, 16 seat Movie Theatre with authentic candy counter, stone Wine Cellar with tasting area, 2 Elevators, private patio with fire pit, and an incredible detached vaulted office with ocean views. The home is surrounded beautiful landscape in including 200 olive trees and 80 year old eucalyptus trees, wide open terraces, an infinity edge pool and spa, putting green, a large grassy lawn, outdoor fireplace and more, all positioned to enjoy one of Montecitoa€TMs most prized ocean and island views. If location, views and quality of construction cannot be compromised, you will not discover a greater estate.
CLICK LINK TO VIEW THE VIRTUAL TOUR:
www.1518EastMountainDr.com
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01415235 Listed on: 09/06/2013
Last Buyer's Agent
Non Member Agent
Non Member Office
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Home Details
Home Type
- Single Family
Year Built
- Built in 2008
Lot Details
- 4.81 Acre Lot
- Gated Home
- Back Yard Fenced
- Level Lot
- Hilly Lot
- Lawn
- Property is in excellent condition
Parking
- Garage
Property Views
- Ocean
- Panoramic
- City
- Mountain
Home Design
- Estate
- Raised Foundation
- Slate Roof
- Stucco
Interior Spaces
- 11,428 Sq Ft Home
- 2-Story Property
- Wet Bar
- Multiple Fireplaces
- Gas Fireplace
- Double Pane Windows
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Open Floorplan
- Home Theater
- Home Office
- Library
- Game Room
- Art Studio
- Music Room
- Home Gym
- Basement
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Built-In Oven
- Stove
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
- Home Security System
- Fire and Smoke Detector
Accessible Home Design
- Accessible Elevator Installed
- Wheelchair Access
- Stepless Entry
Outdoor Features
- Spa
- Deck
- Covered Patio or Porch
- Fireplace in Patio
- Built-In Barbecue
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Central Air
- Radiant Heating System
- Water Softener Leased
- Cable TV Available
Additional Features
- Energy-Efficient Insulation
- Guest House
- Property is near schools
- Groom or Foreman Quarters
Listing and Financial Details
- Assessor Parcel Number 011-070-041
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
Listed on
Sep 6, 2013
Closed on
Dec 26, 2013
Sold by
Kass Daniel B and Kass Debra A
Bought by
Seller's Agent
Josiah Hamilton
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$17,999,000
Sold Price
$14,400,000
Premium/Discount to List
-$3,599,000
-20%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,332
Avg. Annual Appreciation
0.35%
Original Mortgage
$7,400,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 15, 2009
Sold by
Kass Daniel B
Bought by
Kass Daniel B and Kass Debra A
Purchase Details
Closed on
Dec 26, 2006
Sold by
1518 East Mountain Drive Llc
Bought by
Kass Daniel B and Daniel B Kass 1999 Declaration Of Trust
Purchase Details
Closed on
Nov 15, 2003
Sold by
Jdk Holdings Llc
Bought by
1518 East Mountain Drive Llc
Purchase Details
Closed on
Nov 26, 2002
Sold by
Ward Barbara B and Ward Victoria
Bought by
Jdk Holding Company
Purchase Details
Closed on
Feb 4, 2000
Sold by
Ward Barbara B
Bought by
Ward James E and Ward Barbara B
Purchase Details
Closed on
Aug 3, 1996
Sold by
Ward Barbara B
Bought by
Anixter Lester J
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Santa Barbara, CA
-
Lisa Scibird
-
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
-
Janice Laney
Janice Laney
Responds QuicklyKeller Williams Santa Barbara
(805) 865-7385
31 Total Sales
4 in Montecito
$1.4M - $4.7M Price Range
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
2 in Montecito
$8.9M - $25.1M Price Range
-
Jason Saltoun
Jason Saltoun
Jason Saltoun-Ebin
(805) 617-1502
12 Total Sales
2 in Montecito
$3,148,820 Price Range
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 |
|---|---|---|---|
| $14,400,000 | First American Title Company | ||
| Kass Daniel B | -- | Chicago Title | |
| Kass Daniel B | -- | Fidelity National Title | |
| 1518 East Mountain Drive Llc | -- | -- | |
| Jdk Holding Company | -- | Fidelity National Title Co | |
| Ward James E | -- | -- | |
| Anixter Lester J | $12,000 | -- |
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 |
|---|---|---|---|
| Open | $7,250,000 | ||
| Closed | Mayer Steven | $7,250,000 | |
| Closed | Mayer Steven | $7,400,000 | |
| Previous Owner | Kass Daniel B | $2,400,000 | |
| Previous Owner | Kass Daniel B | $6,000,000 |
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 |
|---|---|---|---|---|
| 12/31/2013 12/31/13 | Sold | $14,400,000 | -20.0% | $1,260 / Sq Ft |
| 12/21/2013 12/21/13 | Pending | -- | -- | -- |
| 09/06/2013 09/06/13 | For Sale | $17,999,000 | -- | $1,575 / 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 | $171,432 | $16,808,639 | $6,251,899 | $10,556,740 |
| 2025 | $171,432 | $16,479,059 | $6,129,313 | $10,349,746 |
| 2023 | $168,275 | $15,839,158 | $5,891,305 | $9,947,853 |
| 2022 | $162,136 | $15,528,588 | $5,775,790 | $9,752,798 |
| 2021 | $158,714 | $15,224,107 | $5,662,540 | $9,561,567 |
| 2020 | $157,134 | $15,068,003 | $5,604,478 | $9,463,525 |
| 2019 | $153,599 | $14,725,494 | $5,494,587 | $9,230,907 |
| 2018 | $150,619 | $14,436,759 | $5,386,850 | $9,049,909 |
| 2017 | $147,990 | $14,153,686 | $5,281,226 | $8,872,460 |
| 2016 | $143,534 | $13,876,164 | $5,177,673 | $8,698,491 |
| 2014 | $139,143 | $13,400,000 | $5,000,000 | $8,400,000 |
Source: Public Records
Agents Affiliated with this Home
-
Josiah Hamilton
JH
Seller's Agent in 2013
Josiah Hamilton
Berkshire Hathaway HomeServices California Properties
(805) 284-8835
53 Total Sales
-
NA
Buyer's Agent in 2013
Non Member Agent
Non Member Office
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 13-2898
APN: 011-070-041
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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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