NOT LISTED FOR SALE

2011 Edgewater Way Santa Barbara, CA 93109

West Mesa Neighborhood

Estimated Value: $3,554,000 - $5,377,000

2 Beds
1.5 Baths
1,066 Sq Ft
$4,270/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $3,850,000 $3,612 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $25,686/month

Highlights

  • Ocean View
  • Property is near an ocean
  • Contemporary Architecture
  • Washington Elementary School Rated A
  • Deck
  • Loft

About This Home

As of March 2024

This stunning Mesa oceanfront home has 180-degree ocean views and is the perfect location on a private, quiet street on the bluffs. It is one of the most desirable locations in Santa Barbara. This house comes fully furnished, is pet friendly and the outside is nestled by palm trees and manicured bushes. It has completely unobstructed ocean views from every room on both levels of the house. Every morning you can enjoy an amazing sunrise and every evening relish in a stunning sunset. In addition to being in the Mesa and a bluff home, it is just a few miles away from restaurants, wineries, museums, shopping and the ''Funk Zone'' which is a famous neighborhood with the best bistros of various cuisines, boutiques, breweries, wine tastings, and galleries. The bedrooms on the upper and lower levels are completely separate with their own entries. Upstairs there is the primary suite, contemporary kitchen, living room with tv, fireplace and a large balcony with a table and chairs for alfresco dining. The upstairs bathroom has a floating tub with breathtaking ocean views. The downstairs has a bedroom, a loft with another bed, and a half bathroom. There are two outside showers. The laundry is inside the double garage (only area without a view). There is additional parking on the driveway and on the street. Being on the bluffs, the backyard has picturesque water views and because of the elevation extreme privacy. The perfectly manicured lawn (i.e., artificial grass), lawn chairs, swivel chairs and table, dining areas outside shower (and a hot tub coming soon) help complete this ocean paradise. We are accepting bookings for dates starting June 1st. The price is $35k/month summer rates (June, July, August) and $25k/month for longer leases starting September.

Last Agent to Rent the Property

Steve Epstein

Keller Williams Realty Santa Barbara License #00994429 Listed on: 05/08/2023

Keller Williams Realty Santa Barbara

Co-Listed By

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429

Last Renter's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • 1963

Lot Details

  • 0.42

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Property Views

  • Ocean
  • Panoramic

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 1,066 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Dining Area
  • Loft
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Property Available on 6/1/23
  • Assessor Parcel Number 045-100-067

Home Details

Home Type

Single Family

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Other
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Split Level, Two
  • Property Information:Date Available: 2023-06-01
  • Property Information Total Bathrooms2: 2.0
  • ParkingGarage Total # Unconvered Spaces2: 2.0
  • GroundsLandscaping Deck: Yes
  • Dining Breakfast Bar: Yes
  • Dining Dining Area: Yes
  • Furnishings Fully Furnished: Yes
  • ParkingGarage Gar #23: Yes
  • GroundsLandscaping Patio Open: Yes
  • View Ocean2: Yes
  • Proximity Near Ocean: Yes
  • Construction Split Level2: Yes
  • Construction Two Story: Yes
  • ParkingGarage Total # Garage Spaces3: 2.0
  • View Other64: Yes
  • Rooms:Loft: Yes
  • Security Smoke Detector(s): Yes
  • HeatingCooling GFA2: Yes
  • Pets Yes8: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances Included:Dryer: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • View: Other, Ocean, Panoramic
  • Exterior Features: Other, Deck, Patio Open
  • View:Panoramic: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features: Gar #2

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Lot Info

  • Parcel #: 045-100-067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Sep 21, 2021
Sold by
Charla B Brown Revocable Trust and Robert Lee Burnett Revocable Trust
Bought by
West Todd Kenneth
Seller's Agent
Ashley Anderson & Paul Hurst
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Alexander Stoeber
eXp Realty of California Inc.
List Price
$3,850,000
Sold Price
$3,850,000
Current Estimated Value
$4,236,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,963
Avg. Annual Appreciation
3.99%
Original Mortgage
$1,350,000
Outstanding Balance
$1,222,082
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$3,329,235

Purchase Details

Listed on
Mar 21, 2019
Closed on
Feb 28, 2019
Sold by
Chin Victoria
Bought by
Brown Charla and Burnett Robert
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ashley Anderson & Paul Hurst
Berkshire Hathaway HomeServices California Properties
List Price
$2,995,000
Sold Price
$2,850,000
Premium/Discount to List
-$145,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%

Purchase Details

Listed on
Jun 1, 2012
Closed on
Apr 23, 2012
Sold by
Polos Theodore
Bought by
Chin Victoria
Seller's Agent
Robert Lamborn
Sotheby's International Realty
Buyer's Agent
Lori Smyth
Sotheby's International Realty
List Price
$1,595,000
Sold Price
$1,300,000
Premium/Discount to List
-$295,000
-18.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%

Purchase Details

Closed on
May 10, 2007
Sold by
Polos Theodore and Polos Alma Jean
Bought by
Polos Theodore

Purchase Details

Closed on
Apr 2, 2004
Sold by
Polos Theodore
Bought by
Polos Theodore and Polos Alma Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2003
Sold by
Dimen John Joshua and Dimen Ellen L
Bought by
Polos Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2003
Sold by
Mushet Robert A
Bought by
Dimen John Joshua and Dimen Ellen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$906,750
Interest Rate
4.75%

Purchase Details

Closed on
Nov 30, 1999
Sold by
Mushet Dorothy Tyler
Bought by
Mushet Dorothy Tyler

Purchase Details

Closed on
Jul 8, 1999
Sold by
Mushet Dorothy Tyler
Bought by
Mushet Dorothy Tyler
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
West Todd Kenneth $3,850,000 Fidelity National Title
Brown Charla $2,850,000 Chicago Title Company
Chin Victoria $1,300,000 Chicago Title Company
Polos Theodore -- First American Title
Polos Theodore -- Stewart Title Of Ca Inc
Polos Theodore -- Fidelity National Title Co
Dimen John Joshua -- Fidelity National Title Co
Mushet Dorothy Tyler -- --
Mushet Dorothy Tyler -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Todd Kenneth $1,350,000
Previous Owner Polos Theodore $970,000
Previous Owner Polos Theodore $975,000
Previous Owner Dimen John Joshua $906,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2024 03/11/24 Rented $24,250 -3.0% --
10/25/2023 10/25/23 Price Changed $25,000 -28.6% $23 / Sq Ft
05/08/2023 05/08/23 For Rent $35,000 0.0% --
09/29/2021 09/29/21 Sold $3,850,000 0.0% $4,627 / Sq Ft View Prior Sale
09/29/2021 09/29/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $3,850,000 +35.1% $4,627 / Sq Ft
03/21/2019 03/21/19 Sold $2,850,000 -4.8% $1,756 / Sq Ft View Prior Sale
03/21/2019 03/21/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $2,995,000 +130.4% $1,845 / Sq Ft
06/08/2012 06/08/12 Sold $1,300,000 -18.5% $1,563 / Sq Ft View Prior Sale
06/01/2012 06/01/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $1,595,000 -- $1,917 / 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 $42,376 $4,085,650 $3,183,624 $902,026
2023 $42,376 $3,927,000 $3,060,000 $867,000
2022 $40,896 $3,850,000 $3,000,000 $850,000
2021 $31,104 $2,937,115 $2,267,247 $669,868
2020 $30,784 $2,907,000 $2,244,000 $663,000
2019 $15,960 $1,501,978 $1,266,730 $235,248
2018 $15,734 $1,472,529 $1,241,893 $230,636
2017 $15,215 $1,443,657 $1,217,543 $226,114
2016 $14,746 $1,404,351 $1,193,670 $210,681
2014 $14,093 $1,332,019 $1,152,709 $179,310
Source: Public Records

Agents Affiliated with this Home

  • Steve Epstein

    Landlord's Agent in 2024

    Steve Epstein

    Keller Williams Realty Santa Barbara

    (805) 689-9339

    2 in this area

    134 Total Sales

    Steve Epstein
    Section Image

  • T

    Landlord's Co-Listing Agent in 2024

    The Epstein Partners

    Keller Williams Realty Santa Barbara

  • N

    Tenant's Agent in 2024

    Non Member Agent

    Non Member Office

  • Ashley Anderson & Paul Hurst

    Seller's Agent in 2021

    Ashley Anderson & Paul Hurst

    Berkshire Hathaway HomeServices California Properties

    (805) 618-8747

    1 in this area

    60 Total Sales

    Ashley Anderson & Paul Hurst
    Section Image

  • A

    Buyer's Agent in 2021

    Alexander Stoeber

    eXp Realty of California Inc.

  • Z

    Buyer Co-Listing Agent in 2021

    Zia Group

    eXp Realty of California Inc.

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1250

Santa Barbara Multiple Listing Service

APN: 045-100-067

California Santa Barbara County Santa Barbara 93109 West Mesa

2011 Edgewater Way, Santa Barbara, CA

Not Listed for Sale

Detached

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