$3,995,000
$155K PRICE DROP

1647 Posilipo Ln Unit B Santa Barbara, CA 93108

Estimated payment $25,975/month

Total Views 32,789
3 Beds
2.5 Baths
2,147 Sq Ft
$1,861 Price per Sq Ft

Highlights

  • Ocean View
  • Wood Flooring
  • Breakfast Area or Nook
  • Santa Barbara Senior High School Rated A-
  • Mediterranean Architecture
  • Balcony

About This Home

Welcome to your effortless seaside retreat an airy, light-filled Montecito townhome just steps from dreamy Fernald Point Beach & next to the Rosewood Miramar. One of only six residences (with just four owners), this rare 3-bed, 2.5-bath getaway offers over 2,100 sq. ft. of coastal living. High ceilings throughout, a top-floor primary suite features walk-in closet, private balcony, & ocean views. Downstairs, the open living room with wood floors, a cozy fireplace, & an ocean-view balcony flows seamlessly into the dining area & kitchen, complete with breakfast nook & private patio. An attached 2-car garage with interior access adds to the ease of living. Just moments from the incredible shops & dining at the Rosewood Resort, this coastal gem perfectly blends luxury & convenience by the sea.

Listing Agent

Marsha Kotlyar

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 03/14/2025

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,580

Year Built

  • Built in 1991

Lot Details

  • 1.35 Acre Lot
  • South Facing Home

HOA Fees

  • $1,550 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Clay Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 2,147 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Ocean Views
  • Breakfast Area or Nook
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • <<tubWithShowerToken>>

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 007-550-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,580

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,550 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to your effortless seaside retreatan airy, light-filled Montecito townhome just steps from dreamy Fernald Point Beach & next to the Rosewood Miramar. One of only six residences (with just four owners), this rare 3-bed, 2.5-bath getaway offers over 2,100 sq. ft. of coastal living. High ceilings throughout, a top-floor primary suite features walk-in closet, private balcony, & ocean views. Downstairs, the open living room with wood floors, a cozy fireplace, & an ocean-view balcony flows seamlessly into the dining area & kitchen, complete with breakfast nook & private patio. An attached 2-car garage with interior access adds to the ease of living. Just moments from the incredible shops & dining at the Rosewood Resort, this coastal gem perfectly blends luxury & convenience by the sea.
  • Living Area: 2147
  • Year Built: 1991
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Primary Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Nook
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1860.74

Exterior Features

  • Direction Faces: South
  • Construction: Synthetic Stucco
  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Balcony, Enclosed
  • Pool: No
  • Roof: Clay
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage - 2 Car

Utilities

  • Heating: Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1550.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 007-550-005
  • Lot Size Area: 58806

Rental Info

  • Furnished: Furnished Or Unfurnished

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $27,580 $2,548,980 $1,274,490 $1,274,490
2022 $26,591 $2,499,000 $1,249,500 $1,249,500
2021 $14,199 $1,301,962 $710,161 $591,801
2020 $14,063 $1,288,613 $702,880 $585,733
2019 $13,857 $1,263,348 $689,099 $574,249
2018 $13,601 $1,238,578 $675,588 $562,990
2017 $13,336 $1,214,293 $662,342 $551,951
2016 $12,895 $1,190,484 $649,355 $541,129
2015 $12,013 $1,111,000 $606,000 $505,000
2014 $11,885 $1,089,000 $594,000 $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $3,750,000 -6.1% $1,747 / Sq Ft
05/13/2025 05/13/25 Price Changed $3,995,000 -3.7% $1,861 / Sq Ft
03/14/2025 03/14/25 For Sale $4,150,000 +69.4% $1,933 / Sq Ft
03/24/2021 03/24/21 Sold $2,450,000 -3.7% $1,141 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $2,545,000 -- $1,185 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Deed -- Wfg National Title Ins Co
Grant Deed $2,450,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Grant Deed $1,100,000 First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $1,195,000 First American Title Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- --
Grant Deed -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $650,000 Purchase Money Mortgage
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $500,000 Unknown
Closed $75,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25512853

The MLS

APN: 007-550-005