NOT LISTED FOR SALE

2720 Montecito Ranch Unit Lot 6 Summerland, CA 93067

Estimated Value: $5,187,000 - $13,676,321

4 Beds
7 Baths
5,795 Sq Ft
$1,628/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $8,350,000 $1,441 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $60,056/month

64 Days on Market

Highlights

  • Ocean View
  • Pool House
  • 6.14 Acre Lot
  • Guest House
  • Property is near an ocean
  • Property is near public transit

About This Home

As of December 2019

Sweeping ocean views to the Santa Barbara harbor and dramatic panoramic mountain views depict this FULLY custom single story newly constructed home complete with guest house, pool and gated entry. Only a total of 8 homes to be built in this exclusive gated enclave. Single story floor plan complete with his and her master suites, chef's kitchen, amazing indoor/outdoor entertaining spaces, formal dining room, formal living room, his and her offices, vaulted barrel ceilings, pocket glass doors and 4 clear story towers allow an abundance of natural light. Gated driveway leads one through a porte cohere to a 4 car garage. Pool is customized with sunken fire pit, fully landscaped backyard.

Last Agent to Sell the Property

Tracy Simerly

Engel & Volkers Santa Barbara License #01256722 Listed on: 08/08/2019

Engel & Volkers Santa Barbara

Last Buyer's Agent

Tracy Simerly

Village Properties - 1

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $95,603

Year Built

  • Built in 2019

Lot Details

  • 6.14 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • Attached Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • Mountain

Home Design

  • Ranch Style House
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,795 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room
  • Formal Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Oven
  • <<builtInRangeToken>>
  • Stove
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Low Flow Plumbing Fixtures

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Enclosed patio or porch

Additional Homes

  • Guest House

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

  • Montecito Ranch Esta Community
  • 05 Summerland Subdivision

Listing and Financial Details

  • Home Protection Policy
  • Assessor Parcel Number 005-210-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$95,603

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Association Fee: TBD
  • Directions: Padaro exit to Via Real. Left on Via Real and first right to Gated Entry.
  • Prop. Type: Residential
  • Year Built: 2019
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Medit, Ranch
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2019
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 6.14
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 5795.0
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Montecito Ranch Esta
  • Roof:Tile2: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • Appliances Included Low Flow Fixtures2: Yes
  • Site Improvements Cable TV3: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ParkingGarage Gar #4: Yes
  • View Harbor2: Yes
  • Rooms Patio Enclosed2: Yes
  • Appliances Included Central Vac2: Yes
  • Amenities Protection Plan2: Yes
  • GroundsLandscaping Pool House2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Central Vac, Dishwasher, Disposal, Double Oven, Gas Stove, Low Flow Fixtures, Microwave
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 2+
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Setting, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 6.14
  • Topography: Level
  • Exterior Features: Pool, Pool House, Patio Open, Patio Covered, SPA-Outside, Hot Tub, Lawn, Yard Irrigation T/O, Fenced: PRT, Drought Tolerant LND
  • Foundation Details: Slab
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #4, Attached

Utilities

  • Utilities: Underground Util
  • Water Source: Mont Wtr

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 #: 005-210-073
  • Zoning: R-1
  • Lot Size Sq Ft: 267458.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Dec 9, 2019
Sold by
Mre 6 Llc
Bought by
Mr Place 6 Llc
Seller's Agent
Tracy Simerly
Engel & Volkers Santa Barbara
Buyer's Agent
Tracy Simerly
Village Properties - 1
List Price
$8,350,000
Sold Price
$8,350,000
Current Estimated Value
$9,431,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,081,661
Avg. Annual Appreciation
1.05%
Original Mortgage
$5,010,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2017
Sold by
Montecito Ranch Estates Inc
Bought by
Mre 6 Llc
Source: Public Records

Range of Values:

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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
Mr Place 6 Llc $8,350,000 Chicago Title Insurance Co
Mre 6 Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mr Place 6 Llc $8,400,000
Closed Mr Place 6 Llc $5,010,000
Previous Owner Mre 6 Llc $4,158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold $8,350,000 0.0% $1,441 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $8,350,000 -- $1,441 / 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
2023 $95,603 $8,777,339 $3,153,535 $5,623,804
2022 $92,687 $8,605,235 $3,091,701 $5,513,534
2021 $90,748 $8,436,506 $3,031,080 $5,405,426
2020 $89,817 $8,350,000 $3,000,000 $5,350,000
2019 $31,164 $2,847,759 $516,334 $2,331,425
2018 $8,498 $710,059 $483,171 $226,888
2017 $6,706 $622,608 $400,168 $222,440
2016 $6,592 $610,401 $392,322 $218,079
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tracy Simerly

    Engel & Volkers Santa Barbara

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2781

Santa Barbara Multiple Listing Service

APN: 005-210-073

California Santa Barbara County Summerland 93013

2720 Montecito Ranch Unit Lot 6, Summerland, CA

This home is located at 2720 Montecito Ranch Unit Lot 6, Summerland, CA 93067 since 08 August 2019 and is currently estimated at $9,431,661, approximately $1,627 per square foot. This property was built in 2019. 2720 Montecito Ranch Unit Lot 6 is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

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