NOT LISTED FOR SALE

Estimated Value: $7,477,000 - $19,561,124

9 Beds
9 Baths
10,362 Sq Ft
$1,192/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $7,000,000 $676 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $72,996/month

396 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • Sauna
  • Vieja Valley Elementary School Rated A
  • Pool House
  • Property is near an ocean

About This Home

As of October 2017

The best of Hope Ranch, reminiscent of classic California living and gracious East Coast country style. Approx. 10,000 sq. ft., designed by renowned architect Roland Coate - circa 1930. Formal & informal entertaining areas, light filled spaces throughout. Gourmet kitchen recently remodeled with spacious butler’s pantry. 9 bedroom main residence, plus guest cottages, pool house, pool and tennis court on 8+/- acres of usable property. Located minutes from the privately accessed Hope Ranch Beach. Reminiscent of both classic California living and gracious east coast country style, this fine example of old world charm with modern day amenities embraces rich hardwood floors, crown molding, wainscoting, French doors and built -in bookcases throughout. Easy access to the many terraces and patios continues on to the sprawling lawn, rose gardens and hidden pathways. Every possible need has been considered in the design and improvements of this elegant Roland Coate home.

Stately grounds,with meandering garden paths, swimming pool with lap extension, spa, lit tennis court. Garage parking for 8 cars. Numerous guest cottages.
This is one of the original homes built in Hope Ranch circa 1929.

Last Agent to Sell the Property

Linda Lorenzen

Coldwell Banker Realty Listed on: 05/10/2017

Co-Listed By

Sally Dewan

Coldwell Banker Realty

Last Buyer's Agent

Sandy Lipowski

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 7.92 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition
  • Property is zoned Other, R-1

Parking

  • 6 Car Garage
  • Carport
  • Uncovered Parking

Home Design

  • Estate
  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 10,362 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Game Room
  • Sauna
  • Mountain Views
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Tennis Courts
  • Deck
  • Covered Patio or Porch
  • Fireplace in Patio
  • Separate Outdoor Workshop

Schools

  • Vieja Valley Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Water Softener Leased
  • Septic System

Additional Features

  • Accessible Elevator Installed
  • Guest House
  • Property is near schools
  • Groom or Foreman Quarters

Listing and Financial Details

  • Assessor Parcel Number 063-200-012

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include comm area maint, security
  • $600 HOA Transfer Fee
  • Hope Ranch Community
  • 25 Hope Ranch Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

7.92 Acres

Parking

6

Listing Details

  • Association Transfer Fee: 600
  • Directions: Las Palmas to Roble to 1530 or Marina to 1530 Roble. Roble is an extension of Las Palmas to Marina.
  • Prop. Type: Residential
  • Year Built: 1930
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Other, Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Comm Area Maint, Security
  • Co List Office Mls Id: cb
  • Co List Office Phone: 805-682-2477
  • Subdivision Name: 25 - Hope Ranch
  • Reso Accessibility Features: Accessible Elevator Installed
  • Architectural Style: Colonial, Estate
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Hardwood, Marble, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Work Shop, Employee Quarters
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1930
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 7.92
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • FlrWdw Coverings Marble2: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • GroundsLandscaping Sauna3: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Gas8: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Wooded4: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Hope Ranch
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • Other Buildings Employee Quarters2: Yes
  • ParkingGarage Detached: Yes
  • ParkingGarage Cpt #12: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • Handicapped Access Elevator3: Yes
  • ParkingGarage Unc #33: Yes
  • AssocPark Fee Incl Security2: Yes
  • Rooms Game Room3: Yes
  • GroundsLandscaping Pool House2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Appliances Included Wtr Softener Leased: Yes
  • Style Colonial2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 6.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Oven/Rnge/Blt-In, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Microwave, Washer, Wtr Softener Leased
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Fireplace Features: Other, 2+, Gas, LR, Patio
  • Total Bedrooms: 20
  • Appliances Included:Tankless Water Heater: Yes
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Brick/Stone, Stucco
  • Acres: 7.92
  • Topography: Level
  • Exterior Features: Tennis Court(s), Pool, Pool House, Deck, Patio Open, Patio Covered, SPA-Outside, Sauna, Lawn, Fruit Trees, Wooded, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Parking Features: Gar #4, Cpt #1, Unc #3, Attached, Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 063-200-012
  • Zoning: Other, R-1
  • Lot Size Sq Ft: 344995.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Econn Gregory W and The Gregory W Econn Trust
Bought by
Econn Gregory W and Econn Donna Rampy
Current Estimated Value
$12,356,375

Purchase Details

Closed on
Aug 9, 2018
Sold by
Econn Donna Rampy
Bought by
Econn Gregory W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$2,969,527
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$9,386,848

Purchase Details

Closed on
Jul 31, 2018
Sold by
1530 Roble Llc
Bought by
Econn Gregory W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$2,969,527
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$9,386,848

Purchase Details

Listed on
May 10, 2017
Closed on
Oct 4, 2017
Sold by
Rancho Arroyo Grande Llc
Bought by
Exeter 17321 De Llc
Seller's Agent
Linda Lorenzen
Coldwell Banker Realty
Buyer's Agent
Sandy Lipowski
Pitts & Bachmann Realtors
List Price
$11,500,000
Sold Price
$7,000,000
Premium/Discount to List
-$4,500,000
-39.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Nov 26, 2014
Sold by
Conway Christopher John and Conway Ann Winchester
Bought by
Rancho Arroyo Grande Llc

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
3.89%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Econn Gregory W -- None Available
Econn Gregory W -- Chicago Title Co
Econn Gregory W -- None Available
Exeter 17321 De Llc $7,000,000 Fidelity National Title Co
Rancho Arroyo Grande Llc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Econn Gregory W $3,500,000
Previous Owner Rancho Arroyo Grande Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2017 10/12/17 Sold $7,000,000 -39.1% $676 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
07/21/2016 07/21/16 For Sale $11,500,000 -- $1,110 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $83,625 $7,964,802 $3,413,486 $4,551,316
2023 $83,625 $7,655,521 $3,280,937 $4,374,584
2022 $80,683 $7,505,413 $3,216,605 $4,288,808
2021 $77,772 $7,358,249 $3,153,535 $4,204,714
2020 $76,946 $7,282,800 $3,121,200 $4,161,600
2019 $74,657 $7,140,000 $3,060,000 $4,080,000
2018 $73,194 $7,000,000 $3,000,000 $4,000,000
2017 $80,090 $7,645,727 $3,276,043 $4,369,684
2016 $77,950 $7,495,811 $3,211,807 $4,284,004
2014 $75,907 $7,238,592 $3,101,594 $4,136,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-2441

Santa Barbara Multiple Listing Service

APN: 063-200-012

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