NOT LISTED FOR SALE

165 La Vereda Rd Santa Barbara, CA 93108

Estimated Value: $4,414,000 - $7,264,523

6 Beds
5 Baths
4,161 Sq Ft
$1,526/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $3,300,000 $793 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $38,321/month

157 Days on Market

Highlights

  • Property is near an ocean
  • Estate
  • Maid or Guest Quarters
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Fireplace in Primary Bedroom

About This Home

As of October 2017

El Cedro, designed by famed architect Joseph Plunkett, set in Montecito’s Hedgerow District, has it all: Renowned architecture; today’s floor plan with four suites each with bath and fireplace; grounds for family entertaining; and proximity to MUS, the Upper and Coast Villages. Reflecting all the grace and charm of old Montecito, this historic residence has been the home to the same family since the 1970's. Completed in 1921, the home includes five bedrooms, six fireplaces, and staff quarters. The grounds include a patio and lush gardens with a huge lawn for games and parties. An oversized 3-car garage with workshop completes the package that awaits your upgrades to modern mechanicals. The estate's name "El Cedro" commemorates the numerous cedar trees and redwoods guarding the entrance and perimeter. The full acre of usable grounds offers a wonderful combination of formal elements along with very family-oriented spaces with room for lawn games and entertaining. This expansive space would also accommodate the addition of a swimming pool with plenty of room for a spacious pool deck and potential pool house. Located within the charming and sought after Hedgerow neighborhood of Montecito, the home was once one of only three structures located on the original 28-acre Spaulding estate and is in easy walking distance to the Montecito Union School, the Upper Montecito Village, Coast Village and Miramar Beach. Well removed from busy traffic areas, this quiet and private setting speaks to the historic period that was Montecito of the 1920's. The public rooms of El Cedro offer a unique Californian version of formality with a large living room with extensive windows opening to the charming, mature gardens on the property; a restful, contemplative den or library with French doors to a side patio and the formal gardens and an inviting dining room with a wall of glass and French doors opening to the rear formal gardens. Each of these light and bright rooms includes a fireplace.

Last Agent to Sell the Property

Harry Kolb

Sotheby's International Realty License #00714226 Listed on: 04/04/2017

Last Buyer's Agent

Calcagno & Hamilton

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,582

Year Built

  • Built in 1921

Lot Details

  • 1.01 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Lawn
  • Property is in average condition

Parking

  • Detached Garage

Home Design

  • Estate
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,161 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Library
  • Sun or Florida Room
  • Mountain Views
  • Home Security System

Kitchen

  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Community Details

  • 10 Hedgerow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 009-201-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,582

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1921
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System
  • Subdivision Name: 10 - Hedgerow
  • Architectural Style: Estate
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Work Shop
  • Reso Property Condition: Average
  • Property Information Year Built2: 1921
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.01
  • 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
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Work Shop2: Yes
  • Roof:Tile2: Yes
  • ParkingGarage Detached: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Condition Average2: Yes
  • Foundation Pier Post: Yes
  • Fireplace(s) 24: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Dryer, Gas Stove, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Dining Room, 2+, LR
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Tile, Flat
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 1.01
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, Lawn, Fenced: PRT
  • Foundation Details: Pier & Post
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 009-201-005
  • Zoning: R-1
  • Lot Size Sq Ft: 43995.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Jackson Thomas F and Jackson Lisa L
Bought by
Jackson Family Trust and Jackson
Current Estimated Value
$6,351,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,200,000
Outstanding Balance
$7,179,476
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
-$828,345

Purchase Details

Closed on
Nov 25, 2024
Sold by
Jackson Thomas F and Jackson Lisa L
Bought by
Jackson Family Trust and Jackson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 21, 2024
Sold by
Jackson Family Trust and Jackson Thomas F
Bought by
Jackson Thomas F and Jackson Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 23, 2024
Sold by
Jackson Thomas F and Jackson Lisa L
Bought by
Jackson Family Trust and Jackson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 20, 2023
Sold by
Jackson Thomas F and Jackson Lisa L
Bought by
Jackson Family Trust and Jackson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 4, 2017
Closed on
Sep 22, 2017
Sold by
Burrows Wyeth E and Burrows Grant E
Bought by
Jackson Thomas F and Jackson Lisa L
Seller's Agent
Harry Kolb
Sotheby's International Realty
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$3,900,000
Sold Price
$3,300,000
Premium/Discount to List
-$600,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$2,640,000
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 13, 2009
Sold by
The Sue Burrows Survivors Trust
Bought by
Burrows Bypass Trust
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
Jackson Family Trust -- First American Title
Jackson Thomas F -- First American Title
Jackson Family Trust -- None Listed On Document
Jackson Thomas F -- Fidelity National Title
Jackson Family Trust -- First American Title
Jackson Thomas F -- First American Title
Jackson Family Trust -- First American Title
Jackson Thomas F -- First American Title
Jackson Family Trust -- None Listed On Document
Jackson Thomas F $3,300,000 Chicago Title Company
Burrows Bypass Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Thomas F $7,200,000
Previous Owner Jackson Thomas F $500,000
Previous Owner Jackson Thomas F $500,000
Previous Owner Jackson Thomas F $5,530,000
Previous Owner Jackson Thomas F $500,000
Previous Owner Jackson Thomas F $4,000,000
Previous Owner Jackson Thomas F $3,000,000
Previous Owner Jackson Thomas F $2,625,000
Previous Owner Jackson Thomas F $2,640,000
Previous Owner Burrows Sue $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $3,300,000 -15.4% $793 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $3,900,000 -- $937 / Sq Ft
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 $44,582 $4,598,267 $2,306,257 $2,292,010
2024 $44,582 $4,158,106 $2,261,037 $1,897,069
2023 $44,582 $4,330,301 $2,217,292 $2,113,009
2022 $46,144 $4,300,825 $2,171,404 $2,129,421
2021 $37,484 $3,468,889 $2,102,357 $1,366,532
2020 $37,120 $3,433,320 $2,080,800 $1,352,520
2019 $36,233 $3,366,000 $2,040,000 $1,326,000
2018 $35,552 $3,300,000 $2,000,000 $1,300,000
2017 $4,830 $323,776 $88,986 $234,790
2016 $4,602 $317,429 $87,242 $230,187
2015 $4,359 $312,662 $85,932 $226,730
2014 $4,306 $306,538 $84,249 $222,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-1090

Santa Barbara Multiple Listing Service

APN: 009-201-005