NOT LISTED FOR SALE

231 E Mountain Dr Santa Barbara, 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 $5,212,000 $2,517 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $22,360/month

205 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Family Room with Fireplace
  • Cold Spring Elementary School Rated A+
  • 2.03 Acre Lot
  • High Ceiling

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 doorsto the veranda, features a corner fireplace, built-in storage, and traditional painted tiles in the bath. Other amenities include: a snugly 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

Scott Westlotorn

Sotheby's International Realty License #01875690 Listed on: 08/08/2022

Sotheby's International Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 2.03 Acre Lot
  • South Facing Home
  • Property is zoned S-P-5

Property Views

  • Ocean
  • Mountain

Home Design

  • Adobe Architecture

Interior Spaces

  • 2,071 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Clay Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • No Garage
  • Driveway
  • Guest Parking
  • RV Potential

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Rain Gutters
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 013-050-006

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Adobe
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 2071
  • Lot Acreage: 2.0300
  • Stories: 1
  • Year Built: 1967
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room
  • Flooring: Clay
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer, Vented Exhaust Fan, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1880.73

Exterior Features

  • Direction Faces: South
  • Other Features: High Ceilings (9 Feet+), Slab, Rain Gutters
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - None, Parking for Guests - Onsite, RV Possible

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning
  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Tank
  • Water: Public, Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 013-050-006
  • Lot Description: 2-4 Lots
  • Lot Size Area: 88427

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Apr 20, 2023
Sold by
Hill Family Trust
Bought by
Ferguson Kelly Kelly and Ferguson Brian Scott
Seller's Agent
Scott Westlotorn
Sotheby's International Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$4,895,000
Sold Price
$5,212,000
Premium/Discount to List
$317,000
6.48%
Views
206
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
-$1,363,963
Avg. Annual Appreciation
-10.74%
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 $5,212,000 +33.8% $2,517 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
11/03/2022 11/03/22 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
09/02/2022 09/02/22 Price Changed $4,495,000 -8.2% $2,170 / Sq Ft
08/08/2022 08/08/22 For Sale $4,895,000 -- $2,364 / Sq Ft
Source: The MLS

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

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Map

Source: The MLS

MLS Number: 22-188577

The MLS

APN: 013-050-006