$5,490,000
SOLD APR 29, 2025
4 Beds
5 Baths
4,811 Sq Ft
1.21 Acres

Recently Sold

$1,141 Per Sq Ft

8% Below List Price

24 Days on Market

Highlights

  • Spa
  • 1.21 Acre Lot
  • Cathedral Ceiling
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Main Floor Primary Bedroom

About This Home

As of April 2025

Located on a serene cul-de-sac on prestigious Eucalyptus Hill Dr., this 1.2± acre estate offers breathtaking panoramic mountain views and unparalleled privacy. The impeccably designed grounds evoke a resort-like ambiance, featuring a sparkling pool, spa, bocce ball court, putting green, and a charming gazebo, all surrounded by meandering pathways through a sylvan woodland of stately coastal redwoods and oaks. Primarily single-level, the residence blends timeless elegance with modern luxury. The beautifully renovated kitchen is a chef's dream, boasting a striking quartzite-topped center island, custom cabinetry, top-of-the-line Thermador appliances. Expansive enough for informal dining plus cozy fireplace seating, the kitchen features soaring windows that bring the outside in. Vaulted wood-beamed ceilings and skylights enhance the bright and airy atmosphere throughout. The serene primary suite is a private retreat, featuring a spa-inspired bath with a freestanding Jacuzzi tub and radiant-heated floors. Grand living and dining spaces exude sophistication, highlighted by soaring ceilings, African Acacia hardwood floors, and three fireplaces that create an inviting yet refined ambiance. Additional luxuries include a private office, study, expansive den/game room, and an oversized three-car garage. The outdoor spaces are designed for effortless entertaining, with multiple patios and seating areas set amidst the tranquil natural surroundings. Meticulously maintained and move-in ready, this distinguished property is also adjacent to Hale Park, offering a rare blend of serenity, elegance, and access to scenic open spaces and nature trails.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 03/07/2025

Berkshire Hathaway HomeServices California Properties

Co-Listed By

J.J. Gobbell

Berkshire Hathaway HomeServices California Properties License #02063124

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,881

Year Built

  • Built in 1980

Parking

  • Attached Garage

Home Design

  • Tudor Architecture
  • Raised Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,811 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace
  • Formal Dining Room
  • Concrete Flooring
  • Mountain Views
  • Home Security System

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Pool

  • Spa
  • Outdoor Pool

Schools

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

Additional Features

  • Gazebo
  • 1.21 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Exclusions: Chandelier
  • Assessor Parcel Number 015-050-011

Community Details

Overview

  • No Home Owners Association
  • 15 Eucalyptus Hill Subdivision

Recreation

  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,881

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1980
  • Reso Property Sub Type: Home/Estate
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: pruc1
  • Co List Office Phone: 805-969-5026
  • Subdivision Name: 15 - Eucalyptus Hill
  • Architectural Style: Tudor
  • Reso Flooring: Concrete
  • Garage Yn: Yes
  • Property Information Year Built2: 1980
  • Property Information Apx # Acres: 1.21
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • Rooms Ground Floor Primary: Yes
  • Security Security System: Yes
  • Cooling Central Air: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Bocce Ball: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • Foundation Raised: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Style Tudor2: Yes
  • Fireplace(s) 24: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 4

Exterior Features

  • Roof: Tile
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 1.21
  • Exclusions: Chandelier
  • Exterior Features: Other, Pool, SPA-Outside, Gazebo
  • Foundation Details: Raised
  • ConstructionSiding:Roof Concrete: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Attached

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 015-050-011
  • Zoning: Other
  • Lot Size Sq Ft: 52707.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
Apr 21, 2025
Sold by
Melvin Kennedy And Susan Matsumoto 2012 and Kennedy Melvin R
Bought by
Connolly
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$5,975,000
Sold Price
$5,490,000
Premium/Discount to List
-$485,000
-8.12%
Views
51
Current Estimated Value
$5,920,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,995
Avg. Annual Appreciation
17.33%
Original Mortgage
$4,940,451
Outstanding Balance
$4,927,366
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$915,775

Purchase Details

Listed on
Jul 13, 2012
Closed on
Dec 10, 2012
Sold by
Lucas Dorothy Z
Bought by
Kennedy Melvin R and Matsumoto Susan M
Seller's Agent
JoAnn Mermis &
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Priscilla Bedolla
Village Properties - 1
List Price
$2,850,000
Sold Price
$2,715,000
Premium/Discount to List
-$135,000
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$1,000,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2009
Sold by
Lucas William R and Lucas Dorothy Z
Bought by
Lucas William R and Lucas Dorothy Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $5,490,000 Chicago Title Company
Grant Deed $2,715,000 First American Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,940,451 New Conventional
Previous Owner $1,100,000 New Conventional
Previous Owner $1,100,000 Unknown
Previous Owner $1,000,000 New Conventional
Previous Owner $1,250,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,250,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $5,490,000 0.0% $1,141 / Sq Ft
04/29/2025 04/29/25 Sold $5,490,000 -8.1% $1,141 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/31/2025 03/31/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $5,975,000 0.0% $1,242 / Sq Ft
03/07/2025 03/07/25 For Sale $5,975,000 +120.1% $1,242 / Sq Ft
12/20/2012 12/20/12 Sold $2,715,000 -4.7% $564 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $2,850,000 -- $592 / 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 $34,881 $3,358,935 $1,354,565 $2,004,370
2023 $34,881 $3,228,505 $1,301,966 $1,926,539
2022 $33,655 $3,165,202 $1,276,438 $1,888,764
2021 $32,882 $3,103,140 $1,251,410 $1,851,730
2020 $32,542 $3,071,322 $1,238,579 $1,832,743
2019 $31,973 $3,011,101 $1,214,294 $1,796,807
2018 $31,373 $2,938,335 $1,190,485 $1,747,850
2017 $30,335 $2,880,722 $1,167,143 $1,713,579
2016 $29,537 $2,824,238 $1,144,258 $1,679,980
2014 $28,729 $2,727,326 $1,104,994 $1,622,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-967

Santa Barbara Multiple Listing Service

APN: 015-050-011