NOT LISTED FOR SALE

231 E Mountain Dr Montecito, CA 93108

Estimated Value: $3,634,149 - $4,211,000

3 Beds
2 Baths
2,071 Sq Ft
$1,858/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $3,512,000 $1,696 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $22,479/month

208 Days on Market

Highlights

  • Ocean View
  • Custom Home
  • Fruit Trees
  • Cold Spring Elementary School Rated A+
  • 3.55 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of May 2023

A Rare Find: Classic Hacienda on 2 private lots (totaling 3.55 acres) in the Cold Spring School District! Designed by Frank Robinson with a great-room floor plan sited on gentle land with views of the harbor, ocean, islands, and mountains for the ultimate retreat setting.
The chef's kitchen is open to living and dining rooms. Enjoy the ambiance of vaulted ceiling, with beams reclaimed from a Big Sur bridge, a living room with fireplace and views to the veranda and ocean, and the dining area offers a window seat and cozy corner fireplace for inviting gatherings. The covered veranda with city and ocean views welcomes year-round gatherings.
With 3 bedrooms and 2 baths, the primary bedroom suite, with stunning scalloped window framing and metal doors to the veranda, features a corner fireplace, built-in storage, and traditional painted tiles in the bath. Other amenities include: a snuggly reading loft above the living room, a BBQ patio conveniently located off the kitchen, a wine cellar, fruit trees, a relaxing Koi-pond patio, and acres of serenity. Plus, many recent upgrades including new roof and AC.
231 E Mountain, 2.03 ac, hosts the Adobe Hacienda, and 229 E Mountain, 1.52 ac, is the adjacent vacant lot, being offered together to total 3.55 acres. Beautiful, gentle land, ample opportunity to live in adobe while developing your dream home.

Last Agent to Sell the Property

Maurie McGuire

Coldwell Banker Realty Listed on: 08/09/2022

Coldwell Banker Realty

Co-Listed By

Scott Westlotorn

Coldwell Banker Realty

Last Buyer's Agent

Katie Schmandt

A.J. Addeman Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 3.55 Acre Lot
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • Driveway

Property Views

  • Ocean
  • Island
  • Harbor
  • City
  • Mountain

Home Design

  • Custom Home
  • Adobe Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,071 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Multiple Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Loft
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 013-050-006

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: Cold Springs to E Mountain, go west to Lower Hyde, or- Coyote to E Mountain, head east to Lower Hyde Rd Go down Lower Hyde, and stay right at bottom fork, long driveway to the property
  • Prop. Type: Residential
  • Year Built: 1967
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect
  • ResoLotFeatures: Level, Sloped Down
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Architectural Style: Custom Built, Adobe
  • Reso Flooring: Tile
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1967
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 3.55
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 2071.0
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Property Information Apx Lot SqFt: 88426.0
  • Condition Good2: Yes
  • GroundsLandscaping Wooded4: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • View Islands: Yes
  • Laundry:_two_20V Elect2: Yes
  • LocationTopo Downslope2: Yes
  • Style Custom Built: Yes
  • GroundsLandscaping Permeable Driveway2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Style Adobe3: Yes
  • Rooms Loft2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Double Oven, Dryer, Gas Stove, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Dining Room, 2+, LR
  • Other Rooms:Great Room: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Islands, Ocean, City, Setting, Harbor
  • Construction Type: Stucco
  • Acres: 3.55
  • Topography: Downslope, Level
  • Exclusions: Other
  • Exterior Features: Patio Open, Patio Covered, Fruit Trees, Wooded, Yard Irrigation PRT, Drought Tolerant LND, Permeable Driveway
  • Foundation Details: Slab, Mixed

Utilities

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

Schools

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

Lot Info

  • Parcel #: 013-050-006
  • Zoning: R-1
  • Lot Size Sq Ft: 88426.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Apr 20, 2023
Sold by
Hill Family Trust
Bought by
Ferguson Kelly Kelly and Ferguson Brian Scott
Seller's Agent
Maurie McGuire
Coldwell Banker Realty
Buyer's Agent
Katie Schmandt
A.J. Addeman Properties
List Price
$4,895,000
Sold Price
$3,512,000
Premium/Discount to List
-$1,383,000
-28.25%
Views
66
Current Estimated Value
$3,848,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,037
Avg. Annual Appreciation
3.59%
Original Mortgage
$2,012,000
Outstanding Balance
$1,954,214
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$1,893,823

Purchase Details

Closed on
Jan 12, 2017
Sold by
Hill Sandra P
Bought by
Hill Sandra P

Purchase Details

Closed on
May 6, 2011
Sold by
Hill Sandra P
Bought by
Hill Sandra P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ferguson Kelly Kelly $3,512,000 Fidelity National Title Compan
Hill Sandra P -- None Available
Hill Sandra P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Kelly Kelly $2,012,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2023 05/04/23 Sold $3,512,000 -9.8% $1,696 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
11/02/2022 11/02/22 Price Changed $3,895,000 -2.5% $1,881 / Sq Ft
09/26/2022 09/26/22 Price Changed $3,995,000 -11.1% $1,929 / Sq Ft
09/01/2022 09/01/22 Price Changed $4,495,000 -8.2% $2,170 / Sq Ft
08/09/2022 08/09/22 For Sale $4,895,000 -- $2,364 / 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 $27,096 $2,613,484 $1,560,600 $1,052,884
2023 $27,096 $2,512,000 $1,500,000 $1,012,000
2022 $1,957 $142,536 $54,261 $88,275
2021 $1,921 $139,743 $53,198 $86,545
2020 $1,896 $138,311 $52,653 $85,658
2019 $1,482 $135,600 $51,621 $83,979
2018 $1,453 $132,942 $50,609 $82,333
2017 $1,428 $130,336 $49,617 $80,719
2016 $1,431 $127,782 $48,645 $79,137
2014 $1,394 $123,400 $46,977 $76,423
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Maurie McGuire

    Coldwell Banker Realty

    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Scott Westlotorn

    Coldwell Banker Realty

  • K

    Buyer's Agent in 2023

    Katie Schmandt

    A.J. Addeman Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-2712

Santa Barbara Multiple Listing Service

APN: 013-050-006

California Santa Barbara County Montecito 93108

231 E Mountain Dr, Montecito, CA

Not Listed for Sale

Detached

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