NOT LISTED FOR SALE

Estimated Value: $7,382,000 - $9,662,576

5 Beds
4.5 Baths
6,294 Sq Ft
$1,381/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $7,995,000 $1,270 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $51,780/month

3 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • In Ground Pool
  • Detached Guest House
  • Tennis Courts
  • Gourmet Kitchen

About This Home

As of September 2023

Indulge in the vast ocean and mountain views at this beautiful Mediterranean estate. Timeless architecture pairs beautifully with fresh interiors to create a modern adventure in traditional living. Nestled in a private enclave just a short distance from Padaro Beach, Summerland, and Montecito, this 4.5-acre property boasts flat grounds and captivating vistas. The main house is bright and airy, featuring generous entertaining spaces and gracious bedroom suites. Outside, a pool and spa, a charming 1-bedroom guest house, and a tennis court and batting cage offer endless options for fun. The vast grounds, along with nearby trails, make this an ideal setting for equestrian enthusiasts and animal lovers. Raised beds and two chicken coops let you customize your own personal farmer's market!

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01954177 Listed on: 08/07/2023

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 4.49 Acre Lot
  • South Facing Home
  • Secluded Lot
  • Lawn
  • Back Yard
  • Property is zoned RR-5

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Mediterranean Architecture
  • Flat Roof Shape
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,294 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • French Doors
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Circular Driveway
  • Automatic Gate

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Horse Property
  • Balcony
  • Built-In Barbecue

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Farming

  • Agricultural

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Shared Well
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005-210-057

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

4.49 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 6294
  • Lot Acreage: 4.4900
  • Stories: 2
  • Year Built: 1992
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Guest House, Den, Master Retreat
  • Flooring: Carpet, Hardwood
  • Appliances: Built-In BBQ, Cooktop - Gas, Double Oven, Oven, Range
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Dual Entry (Jack & Jill) Bath, Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Nook, Formal Dining Rm
  • Kitchen Features: Island, Gourmet Kitchen
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Garbage Disposal, Refrigerator, Dryer, Washer, Freezer, Range/Oven, Water Filter
  • Price Per S Q F T: 1270.26

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Balcony, High Ceilings (9 Feet+), French Doors
  • Other Structures: GuestHouse, Other
  • Tennis Court: North/South
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Flat, Tile
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Circular Driveway, Detached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Security: Automatic Gate
  • Sewer: Septic Tank
  • Water: Shared Well

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 005-210-057
  • Lot Description: Agricultural, Horse Property, Lawn, Farm, Secluded, Back Yard
  • Lot Size Area: 195584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Aug 28, 2023
Sold by
Burke Paul and Burke Linda
Bought by
Rincon Heights Resources Llc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$7,995,000
Sold Price
$7,995,000
Views
116
Current Estimated Value
$8,693,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,394
Avg. Annual Appreciation
3.46%

Purchase Details

Listed on
Aug 24, 2015
Closed on
Nov 30, 2015
Sold by
275 Toro Canyon Llc
Bought by
Burke Paul and Burke Linda
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$4,825,000
Sold Price
$4,604,000
Premium/Discount to List
-$221,000
-4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$2,450,000
Interest Rate
4.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 24, 2015
Closed on
Oct 27, 2015
Sold by
Noonan Timothy J
Bought by
275 Toro Canyon Llc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$4,825,000
Sold Price
$4,604,000
Premium/Discount to List
-$221,000
-4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
4.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 24, 2014
Closed on
Jun 11, 2014
Sold by
Noonan Christina E
Bought by
Noonan Timothy J
Seller's Agent
Michelle Cook
Sotheby's International Realty
Buyer's Agent
Susan Conger
Coldwell Banker Realty
List Price
$4,550,000
Sold Price
$3,875,000
Premium/Discount to List
-$675,000
-14.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Original Mortgage
$2,660,000
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 24, 2014
Closed on
May 19, 2014
Sold by
Stuva Katherine A
Bought by
Noonan Timothy J
Seller's Agent
Michelle Cook
Sotheby's International Realty
Buyer's Agent
Susan Conger
Coldwell Banker Realty
List Price
$4,550,000
Sold Price
$3,875,000
Premium/Discount to List
-$675,000
-14.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 1997
Sold by
Guerra Orlando
Bought by
Guerra Katherine A and The Katherine A Guerra Living Trust
Source: Public Records
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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
Rincon Heights Resources Llc $7,995,000 Chicago Title Company
Burke Paul $4,604,000 Chicago Title Company
275 Toro Canyon Llc -- Fidelity National Title
Noonan Timothy J -- Chicago Title Company
Noonan Timothy J $3,875,000 Chicago Title Company
Guerra Katherine A -- Chicago Title Co
Guerra Katherine A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Paul $2,450,000
Previous Owner Noonan Timothy J $2,660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2023 09/01/23 Sold $7,995,000 0.0% $1,270 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $7,995,000 +73.7% $1,270 / Sq Ft
12/09/2015 12/09/15 Sold $4,604,000 -4.6% $731 / Sq Ft View Prior Sale
10/24/2015 10/24/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $4,825,000 +24.5% $767 / Sq Ft
06/19/2014 06/19/14 Sold $3,875,000 -14.8% $782 / Sq Ft View Prior Sale
03/20/2014 03/20/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $4,550,000 -- $918 / Sq Ft
Source: The MLS

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 $84,484 $8,154,900 $4,590,000 $3,564,900
2023 $84,484 $5,238,562 $3,129,029 $2,109,533
2022 $55,076 $5,135,846 $3,067,676 $2,068,170
2021 $53,942 $5,035,144 $3,007,526 $2,027,618
2020 $53,481 $4,983,516 $2,976,688 $2,006,828
2019 $51,517 $4,885,801 $2,918,322 $1,967,479
2018 $50,709 $4,790,001 $2,861,100 $1,928,901
2017 $49,835 $4,696,080 $2,805,000 $1,891,080
2016 $48,975 $4,604,000 $2,750,000 $1,854,000
2015 $42,301 $3,952,422 $2,396,953 $1,555,469
2014 $37,182 $3,621,149 $1,693,343 $1,927,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-298443

The MLS

APN: 005-210-057

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