NOT LISTED FOR SALE

2718 Macadamia Ln Santa Barbara, CA 93108

Estimated Value: $3,363,000 - $4,370,000

3 Beds
4 Baths
3,158 Sq Ft
$1,180/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $2,630,000 $833 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $21,959/month

8 Days on Market

Highlights

  • Additional Residence on Property
  • Art Studio
  • Updated Kitchen
  • Parking available for a boat
  • View of Trees or Woods
  • 0.79 Acre Lot

About This Home

As of July 2021

A one of a kind 3 bedroom, 4 bath Montecito retreat located on a tranquil oak studded lot, just under an acre. Wood floors, soaring ceilings and large picture windows with high efficiency ceramic glazing create a bright and endless feel. Exquisitely remodeled with high end finishes in all bathrooms and kitchens. Adorned with Artistic lighting, 2 fireplaces and a stunning European chandelier. A flowing spacious layout offers multiple living possibilities and live-work space with an approved ADU! Lush landscape with mature trees, macadamia trees, flourishing flora, 2 ponds, meandering paths and a unique sculpture garden. An expansive mountain view, entertainment deck is perfect for outdoor meals and comfortable conversation. Detached studio is ideal for art, yoga, gym or your home-office. Oversized finished two-car garage, driveway and separate service driveway offer convenience and plenty of parking. This serene multi-functional property is truly a nature lover's paradise and entertainer's dream. Close proximity to Montecito's dining, shopping, hiking and the many pristine beaches.

Last Agent to Sell the Property

Alisa Pepper

Berkshire Hathaway HomeServices California Properties Listed on: 06/04/2021

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Bill Urbany

Berkshire Hathaway HomeServices California Properties License #00717028

Last Buyer's Agent

Jason Siemens

Sotheby's International Realty License #01886104

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 0.79 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Raised Foundation
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,158 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Loft
  • Art Studio
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Additional Features

  • Additional Residence on Property
  • Property is near park
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 005-491-002

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Directions: East Valley Rd to Freehaven Dr tp Macadamia Ln.
  • Prop. Type: Residential
  • Year Built: 1980
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage, Laundry Room
  • ResoLotFeatures: Level, Rolling Slope
  • Co List Office Mls Id: prucal
  • Co List Office Phone: 805-687-2666
  • Architectural Style: Contemporary
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Other Structures: Other, Work Shop, Second Residence
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1980
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.79
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Park(s)2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Property Information Main House SqFt: 3158.0
  • View Wooded3: Yes
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Property Information Apx Lot SqFt: 34413.0
  • Style:Contemporary2: Yes
  • Construction Split Level: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Work Shop2: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Second Residence2: Yes
  • Amenities Second Residence: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Total # Uncovered Spaces: 3.0
  • Laundry In Garage2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Foundation Raised: Yes
  • Rooms:Den: Yes
  • ParkingGarage Unc #33: Yes
  • ParkingGarage RV: Yes
  • ParkingGarage Boat: Yes
  • Rooms Loft2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Stove, Microwave
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Other, 2+, LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Wooded
  • Construction Type: Wood Siding, Stucco
  • Acres: 0.79
  • Topography: Rolly, Level
  • Exterior Features: Deck, Patio Open, Wooded, Yard Irrigation PRT, Fenced: BCK, Fenced: PRT
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features: Gar #2, Unc #3, RV, Boat, Interior Access, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

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

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-491-002
  • Zoning: E-1
  • Lot Size Sq Ft: 34413.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 25, 2021
Sold by
Radis Family 2000 Living Trust and Radis Patrick
Bought by
Tefft Robert Ross and Tefft Nola Ann
Seller's Agent
Alisa Pepper
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jason Siemens
Sotheby's International Realty
List Price
$2,750,000
Sold Price
$2,630,000
Premium/Discount to List
-$120,000
-4.36%
Current Estimated Value
$3,727,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,097,316
Avg. Annual Appreciation
8.00%
Original Mortgage
$1,750,000
Outstanding Balance
$1,574,017
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,153,299

Purchase Details

Closed on
May 10, 2016
Sold by
Herschler Elijah David and Elijah David Herschler Trust
Bought by
Radis Patrick and Radis Maire

Purchase Details

Closed on
Jun 9, 2010
Sold by
Herschler Elijah David
Bought by
Herschler Elijah David and Elijah David Herschler Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tefft Robert Ross $2,630,000 Chicago Title
Radis Patrick $1,150,000 Chicago Title Company
Herschler Elijah David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tefft Robert Ross $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $2,630,000 -4.4% $833 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $2,750,000 -- $871 / 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 $31,003 $2,790,977 $1,199,165 $1,591,812
2023 $31,003 $2,682,600 $1,152,600 $1,530,000
2022 $30,087 $2,630,000 $1,130,000 $1,500,000
2021 $16,983 $1,387,028 $830,956 $556,072
2020 $16,818 $1,372,807 $822,436 $550,371
2019 $16,400 $1,345,890 $806,310 $539,580
2018 $15,977 $1,300,500 $790,500 $510,000
2017 $14,943 $1,275,000 $775,000 $500,000
2016 $6,271 $471,002 $210,267 $260,735
2014 $5,720 $454,842 $203,053 $251,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-2026

Santa Barbara Multiple Listing Service

APN: 005-491-002