NOT LISTED FOR SALE

251 E Mountain Dr Santa Barbara, CA 93108

Estimated Value: $5,943,470 - $6,669,000

4 Beds
6 Baths
4,048 Sq Ft
$1,556/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $5,450,000 $1,346 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $36,512/month

61 Days on Market

About This Home

As of November 2022

Classic Spanish Courtyard Hacienda showcasing 360 views of the ocean, harbor, islands, & mountains. Situated on 3.69+/- acres this unique property offers gorgeous interiors & classic details throughout & evokes the sense of a private retreat or compound. The light & spacious living room features high vaulted ceilings, a spacious open floor plan w/ views of the pool area provides a warm & intimate space for gatherings. The inviting gourmet kitchen opens to the living & dining areas & features vetrazzo counters, acacia wood live edge countertops, & a Butcher's block peninsula. Hand-built Redwood cabinets & doors throughout. With 4 bedrooms in the main residence plus an upstairs meditation room/yoga room w/ private balcony presenting ocean vistas, this is truly an exceptional experience. Additionally, there are multiple patios for dining al fresco, a generous amount of gentle land for a guesthouse, stunning rose gardens, a tranquility sitting area, & a detached artist's studio.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 08/23/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 3.69 Acre Lot

Home Design

  • 4,048 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 013-050-052

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2013
  • Reso Property Sub Type: Home/Estate
  • Property Information Year Built2: 2013
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 3.69
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 3.69

Schools

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

Lot Info

  • Parcel #: 013-050-052
  • Zoning: Other
  • Lot Size Sq Ft: 160736.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Oct 25, 2022
Sold by
Sharon L Lane Revocable Trust and Lane Sharon L
Bought by
Barkley Family Trust and Barkley
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$6,495,000
Sold Price
$5,450,000
Premium/Discount to List
-$1,045,000
-16.09%
Current Estimated Value
$6,300,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$850,118
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Jun 25, 2013
Sold by
Lane Sharon Louise
Bought by
Lane Sharon L

Purchase Details

Closed on
Dec 17, 1993
Sold by
David John H and David Janice B
Bought by
Lane Sharon Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.21%
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
Barkley Family Trust $5,450,000 Chicago Title
Lane Sharon L -- None Available
Lane Sharon Louise $815,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Sharon Louise $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $5,450,000 -8.8% $1,346 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $5,975,000 -7.0% $1,476 / Sq Ft
08/24/2022 08/24/22 Price Changed $6,425,000 -1.1% $1,587 / Sq Ft
08/23/2022 08/23/22 For Sale $6,495,000 -- $1,604 / 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 $42,039 $4,097,967 $2,604,351 $1,493,616
2023 $42,039 $3,938,840 $2,503,222 $1,435,618
2022 $18,425 $1,744,134 $960,998 $783,136
2021 $18,032 $1,709,936 $942,155 $767,781
2020 $17,721 $1,692,404 $932,495 $759,909
2019 $17,418 $1,659,220 $914,211 $745,009
2018 $17,077 $1,626,687 $896,286 $730,401
2017 $16,788 $1,594,792 $878,712 $716,080
2016 $16,334 $1,563,523 $861,483 $702,040
2014 $13,091 $1,241,230 $831,922 $409,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-2868

Santa Barbara Multiple Listing Service

APN: 013-050-052