Seller's Agent in 2025
Steve Epstein
Keller Williams Realty Santa Barbara
(805) 689-9339
4 in this area
139 Total Sales
1530 Franceschi Rd Santa Barbara, CA 93103
Riviera Neighborhood
4
Beds
3.5
Baths
5,339
Sq Ft
0.35
Acres
Highlights
- Ocean View
- Updated Kitchen
- Fruit Trees
- Santa Barbara Senior High School Rated A-
- Reverse Osmosis System
- 3-minute walk to Franceschi Park
About This Home
As of January 2025Nestled in the prestigious Upper Riviera neighborhood of Santa Barbara, this Spanish-style estate combines timeless elegance with contemporary luxury in one of the city's most coveted locations. Spanning +/-5,340 square feet, the home features four generously appointed bedrooms and three and a half bathrooms, each showcasing exquisite, upscale finishes.
With panoramic views of the city skyline, coastline, ocean, harbor, and islands, nearly every room offers a breathtaking vantage point that immerses you in Santa Barbara's natural beauty. Designed with entertaining in mind, this home boasts multiple patios and terraces, adding an expansive +/-2,400 square feet of outdoor space for seamless indoor-outdoor living. The fully equipped outdoor kitchen, complete with a pizza oven, sets the stage for gatherings and casual evenings alike. With carefully placed seating areas and intimate spaces, the outdoor experience invites you to unwind and revel in the stunning surroundings, capturing the essence of coastal California living.
Inside, a private office creates a quiet workspace for remote professionals, while a discreet elevator offers convenient access throughout much of the home. Situated in the highly regarded Roosevelt Elementary School attendance area, this estate embodies the essence of the Riviera lifestyle, where luxury, convenience, and breathtaking beauty come together in one unforgettable American Riviera experience.
Last Agent to Sell the Property
Keller Williams Realty Santa Barbara License #00994429 Listed on: 11/08/2024
Co-Listed By
The Epstein Partners
Keller Williams Realty Santa Barbara License #00994429
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,812
Year Built
- Built in 1977
Lot Details
- 0.35 Acre Lot
- Irrigation
- Fruit Trees
- Property is in excellent condition
Parking
- 2 Car Direct Access Garage
Property Views
- Ocean
- Island
- Coastline
- Harbor
- Panoramic
- City
Home Design
- Spanish Architecture
- Tri-Level Property
- Raised Foundation
- Tile Roof
- Stucco
Interior Spaces
- 5,339 Sq Ft Home
- Wet Bar
- Cathedral Ceiling
- Skylights
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Area
- Home Office
Kitchen
- Updated Kitchen
- Breakfast Bar
- Built-In Gas Range
- Dishwasher
- Reverse Osmosis System
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
- Fireplace in Patio
- Built-In Barbecue
Location
- Property is near a park
- Property is near schools
- City Lot
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Accessible Elevator Installed
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 019-102-040
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 15 Riviera/Upper Subdivision
Recreation
- Bocce Ball Court
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2024
Closed on
Jan 3, 2025
Sold by
Rasulo Family Trust and Rasulo James A
Bought by
Holthouse Living Trust and Holthouse
Seller's Agent
Steve Epstein
Keller Williams Realty Santa Barbara
Buyer's Agent
Sheela Hunt
Village Properties
List Price
$5,495,000
Sold Price
$5,312,500
Premium/Discount to List
-$182,500
-3.32%
Views
123
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
$248,849
Avg. Annual Appreciation
3.60%
Purchase Details
Closed on
Apr 4, 2011
Sold by
Rasulo James A and Rasulo Barbara E
Bought by
Rasulo James A and Rasulo Barbara E
Purchase Details
Closed on
Jul 18, 2008
Sold by
Stinson Sandra J
Bought by
Rasulo James A and Rasulo Barbara E
Purchase Details
Closed on
Mar 10, 2006
Sold by
Mester Andrew F
Bought by
Stinson Sandra J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 7, 2004
Sold by
Down David L
Bought by
Stinson Sandra J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.82%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,312,500 | Fidelity National Title Compan | |
| Grant Deed | $5,312,500 | Fidelity National Title Compan | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Equity Title Santa Barbara | |
| Quit Claim Deed | -- | Fidelity National Title Co | |
| Grant Deed | -- | Equity Title Company Santa B |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $2,200,000 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $1,615,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $800,000 | Unknown | |
| Previous Owner | $1,631,250 | Purchase Money Mortgage | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $805,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $5,312,500 | -3.3% | $995 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $5,495,000 | -- | $1,029 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $43,812 | $4,214,708 | $1,384,339 | $2,830,369 |
| 2023 | $43,812 | $4,051,048 | $1,330,585 | $2,720,463 |
| 2022 | $42,278 | $3,971,617 | $1,304,496 | $2,667,121 |
| 2021 | $41,310 | $3,893,743 | $1,278,918 | $2,614,825 |
| 2020 | $40,885 | $3,853,819 | $1,265,805 | $2,588,014 |
| 2019 | $40,172 | $3,778,255 | $1,240,986 | $2,537,269 |
| 2018 | $39,604 | $3,704,172 | $1,216,653 | $2,487,519 |
| 2017 | $38,296 | $3,631,543 | $1,192,798 | $2,438,745 |
| 2016 | $37,265 | $3,560,337 | $1,169,410 | $2,390,927 |
| 2014 | $36,249 | $3,438,165 | $1,129,282 | $2,308,883 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Epstein
-
T
Seller Co-Listing Agent in 2025
The Epstein Partners
Keller Williams Realty Santa Barbara
-
Sheela Hunt
S
Buyer's Agent in 2025
Sheela Hunt
Village Properties
(805) 698-3767
2 in this area
24 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3671
APN: 019-102-040
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