NOT LISTED FOR SALE

1685 Fernald Point Ln Santa Barbara, CA 93108

Estimated Value: $7,523,000 - $17,792,285

6 Beds
7 Baths
7,300 Sq Ft
$1,734/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $20,000,000 $2,740 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $84,038/month

220 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Tennis Courts
  • Santa Barbara Senior High School Rated A-
  • Greenhouse
  • Pool House

About This Home

As of July 2014

A rare jewel, this significant Fernald Point residence with 244+/- linear ft. of ocean front, sits on 3 flat acres and includes a 7,300± sq.ft., 5 bedroom, 6 bath home with pool, tennis court and beach cabana plus 2 bedroom guest or servants quarters. This unique estate is an oasis of rolling lawns and specimen palms all facing South to the sand and surf. Remodel or build your own dream. Comprised of two separate ocean front parcels. Potential development opportunity

Last Agent to Sell the Property

Maureen McDermut

Sotheby's International Realty License #01175027 Listed on: 05/01/2014

Co-Listed By

Robert Lamborn

Sotheby's International Realty

Last Buyer's Agent

Ron Brand

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $202,373

Year Built

  • Built in 1920

Lot Details

  • 3 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition
  • Property is zoned CLA

Property Views

  • Ocean
  • Beach

Home Design

  • Estate
  • Ranch Style House
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 7,300 Sq Ft Home
  • Wet Bar
  • Multiple Fireplaces
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Library

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Parking

  • Garage
  • Carport

Pool

  • Pool House
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Tennis Courts
  • Deck
  • Greenhouse
  • Separate Outdoor Workshop

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating

Additional Features

  • Stepless Entry
  • Guest House

Community Details

  • 2 Units
  • 10 Fernald Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 007-374-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$202,373

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1920
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Co List Office Mls Id: sir
  • Co List Office Phone: 805-969-9993
  • Subdivision Name: 10 - Fernald Point
  • Architectural Style: Ranch, Estate
  • Carport Y N: Yes
  • Reso Flooring: Wood, Carpet, Tile, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1920
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 3.0
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Lawn2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • FlrWdw Coverings Tile3: Yes
  • Style Estate2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Other Buildings Work Shop2: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • View Beach2: Yes
  • Laundry:_two_20V Elect2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • Other Buildings Greenhouse2: Yes
  • GroundsLandscaping Pool House2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • ParkingGarage Cpt #33: Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: 2
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Beach, Ocean
  • Construction Type: Stucco
  • Acres: 3.0
  • Topography: Level
  • Exterior Features: Tennis Court(s), Pool, Pool House, Deck, Lawn, Yard Irrigation PRT, Fenced: BCK
  • Foundation Details: Raised, Mixed

Garage/Parking

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

Utilities

  • Heating: Baseboard, Radiant, Radiant Floor, Wall
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Radiant Floor: Yes
  • Heating:Radiant: Yes
  • Heating:Baseboard: Yes

Schools

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

Lot Info

  • Parcel #: 007-374-006
  • Zoning: CLA
  • Lot Size Sq Ft: 130680.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2014
Sold by
Gebhardt Kyra Stephens
Bought by
Raging Tide Exchange Llc
Total Days on Market
220
Current Estimated Value
$12,657,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Raging Tide Exchange Llc $20,000,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raging Tide Exchange Llc $13,000,000
Previous Owner Raging Tide Exchange Llc $13,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $20,000,000 -23.1% $2,740 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
11/19/2013 11/19/13 For Sale $26,000,000 -- $3,562 / 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
2023 $202,373 $19,060,486 $18,482,899 $577,587
2022 $195,174 $18,686,752 $18,120,490 $566,262
2021 $191,058 $18,320,346 $17,765,187 $555,159
2020 $189,146 $18,132,494 $17,583,027 $549,467
2019 $185,002 $17,776,956 $17,238,262 $538,694
2018 $181,405 $17,428,389 $16,900,257 $528,132
2017 $178,253 $17,086,657 $16,568,880 $517,777
2016 $172,885 $16,751,625 $16,244,000 $507,625
2014 $13,623 $1,208,285 $784,985 $423,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Maureen McDermut

    Sotheby's International Realty

    (805) 570-5545

    32 in this area

    95 Total Sales

    Maureen McDermut
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Robert Lamborn

    Sotheby's International Realty

  • R

    Buyer's Agent in 2014

    Ron Brand

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-3631

Santa Barbara Multiple Listing Service

APN: 007-374-006

California Santa Barbara County Santa Barbara 93108

1685 Fernald Point Ln, Santa Barbara, CA

This home is located at 1685 Fernald Point Ln, Santa Barbara, CA 93108 since 01 May 2014 and is currently estimated at $12,657,643, approximately $1,733 per square foot. This property was built in 1920. 1685 Fernald Point Ln is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

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