NOT LISTED FOR SALE

2029 Las Tunas Rd Santa Barbara, CA 93103

Riviera Neighborhood

Estimated Value: $6,698,000 - $14,334,050

5 Beds
9 Baths
8,937 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $7,025,000 $786 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $62,198/month

163 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Reverse Osmosis System
  • Santa Barbara Senior High School Rated A-
  • Spa
  • 2.75 Acre Lot

About This Home

As of July 2019

Perched on top of the American Riviera & privately nestled above the world-renowned Belmond El Encanto, this 1920's estate enjoys panoramic ocean, city, harbor & mountain views. With 2.75+/- usable acres, a single level residence (except 1 bedroom suite), and arguably the most impressive views Santa Barbara has to offer, 2029 Las Tunas is a most unique & special property, defying conventional conceptions of the Riviera. The 1st floor master suite boasts dual baths & closets. The open kitchen/family room offers vast views & easy access to the grounds & pool. Wine cellar, gym, game room, 1-bedroom guest house, extra large 4-car garage & gracious motor court are among the additional unique amenities. Truly a remarkable & rare Riviera jewel!

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 12/04/2018

Last Buyer's Agent

Ronald Madden

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,777

Year Built

  • Built in 1924

Lot Details

  • 2.75 Acre Lot
  • Gated Home
  • Irrigation
  • Fruit Trees
  • Drought Tolerant Landscaping
  • Property is in good condition

Parking

  • Detached Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Spanish Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 8,937 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Game Room
  • Home Gym
  • Home Security System
  • Basement

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Reverse Osmosis System

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 019-013-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,777

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Directions: From APS, go past the El Encanto and take a left on Mission Ridge. Right on Las Tunas, then left on upper Las Tunas.
  • Prop. Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Architectural Style: Spanish
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1924
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.75
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Rooms Family Room4: 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 Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 8937.0
  • Construction Two Story2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Style Spanish2: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Rooms Game Room3: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Dryer, Microwave, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Other, 2+, LR
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Panoramic
  • Construction Type: Stucco
  • Acres: 2.75
  • Exterior Features: Pool, Patio Open, SPA-Outside, Fruit Trees, Yard Irrigation T/O, Fenced: ALL, Drought Tolerant LND
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 019-013-021
  • Zoning: R-1
  • Lot Size Sq Ft: 119790.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Jul 5, 2019
Sold by
Coe Michael
Bought by
Cockrum Patrick A and Cockrum Erin L
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Ronald Madden
Pitts & Bachmann Realtors
List Price
$7,995,000
Sold Price
$7,025,000
Premium/Discount to List
-$970,000
-12.13%
Current Estimated Value
$10,274,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,249,513
Avg. Annual Appreciation
5.44%
Original Mortgage
$5,000,000
Outstanding Balance
$4,262,296
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,460,515

Purchase Details

Closed on
Mar 4, 2019
Sold by
Drew Katy E H
Bought by
Coe Michael

Purchase Details

Closed on
Mar 13, 2017
Sold by
Drew Ernest H
Bought by
Drew Katy E

Purchase Details

Closed on
Aug 8, 2012
Sold by
Drew Ernest H
Bought by
Drew Ernest H

Purchase Details

Closed on
Jun 12, 1998
Sold by
Drew Katy E
Bought by
Drew Katy E and Drew Ernest H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cockrum Patrick A $7,025,000 Chicago Title Co
Coe Michael $7,250,000 None Available
Drew Katy E -- None Available
Drew Ernest H -- None Available
Drew Katy E -- --
Drew Kasty E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cockrum Patrick A $5,000,000
Previous Owner Drew Katy E $2,000,000
Previous Owner Drew Ernest H $511,000
Previous Owner Drew Katy E $1,000,000
Previous Owner Drew Katy E $934,000
Previous Owner Drew Ernest H $935,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2019 07/10/19 Sold $7,025,000 -12.1% $786 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $7,995,000 -- $895 / 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 $79,777 $7,682,859 $3,280,937 $4,401,922
2023 $79,777 $7,384,526 $3,153,535 $4,230,991
2022 $76,986 $7,239,732 $3,091,701 $4,148,031
2021 $75,225 $7,097,778 $3,031,080 $4,066,698
2020 $74,452 $7,025,000 $3,000,000 $4,025,000
2019 $38,010 $3,578,714 $1,268,207 $2,310,507
2018 $37,470 $3,508,544 $1,243,341 $2,265,203
2017 $36,232 $3,439,750 $1,218,962 $2,220,788
2016 $35,260 $3,372,305 $1,195,061 $2,177,244
2015 $34,871 $3,321,651 $1,177,111 $2,144,540
2014 -- $3,256,586 $1,154,054 $2,102,532
Source: Public Records

Agents Affiliated with this Home

  • Robert Riskin

    Seller's Agent in 2019

    Robert Riskin

    Village Properties

    (805) 698-0199

    2 in this area

    216 Total Sales

    Robert Riskin
    Section Image

  • R

    Buyer's Agent in 2019

    Ronald Madden

    Pitts & Bachmann Realtors

  • R

    Buyer's Agent in 2019

    Ron Madden

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-4216

Santa Barbara Multiple Listing Service

APN: 019-013-021

California Santa Barbara County Santa Barbara 93103 Riviera

2029 Las Tunas Rd, Santa Barbara, CA

This home is located at 2029 Las Tunas Rd, Santa Barbara, CA 93103 since 04 December 2018 and is currently estimated at $10,274,513, approximately $1,149 per square foot. This property was built in 1924. 2029 Las Tunas Rd is a home located in Santa Barbara County with nearby schools including Roosevelt Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Barbara Multiple Listing Service This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.

Nearby Homes