$3,970,000
SOLD AUG 28, 2020
5 Beds
4.5 Baths
3,837 Sq Ft
1 Acres

Recently Sold

$1,035 Per Sq Ft

1% Below List Price

16 Days on Market

Highlights

  • Outdoor Pool
  • Property is near an ocean
  • Updated Kitchen
  • Cold Spring Elementary School Rated A
  • Estate
  • Cape Cod Architecture

About This Home

As of October 2024

All the comforts of home await at this single-level Montecito coastal gem, poised on 1 manicured acre. Rebuilt by Giffin & Crane, the ultra-cozy home enjoys an intimate living room, formal dining, a spacious & well-equipped kitchen with family room, 4 bedrooms, 4.5 baths, laundry/mudroom, handsome office or 5th bedroom, & attached 2 car garage. Many wonderful amenities throughout including dark wood floors, numerous windows w/ custom window treatments, top of the line appliances, & many French doors. Outside, a private entertaining terrace w/ spectacular fireplace, pool, outdoor grill, tall hedges, lush lawns, & a flourishing rose garden. The stately gated approach offers mountain views and a feeling of arrival yet is convenient to all the best that Montecito has to offer.

Last Agent to Sell the Property

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 08/04/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 08/04/2020

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,570

Year Built

  • Built in 2008

Lot Details

  • 1 Acre Lot
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Direct Access Garage

Home Design

  • Estate
  • Cape Cod Architecture
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,837 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Fireplace in Patio
  • Patio
  • Built-In Barbecue

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 011-160-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,570

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: From 101, take exit to Hot Springs. Turn left onto Sycamore Canyon Road. Enter through the second gate on the left.
  • Prop. Type: Residential
  • Year Built: 2008
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Architectural Style: Estate, Cape Cod
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2008
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: 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 Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_3: Yes
  • Foundation Raised: Yes
  • Fireplace(s) Patio3: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: 2, LR, Patio
  • Total Bedrooms: 10

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Acres: 1.0
  • Topography: Level
  • Exterior Features: Pool, Patio Open, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Interior Access, Attached

Utilities

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

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 011-160-013
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Sep 18, 2024
Sold by
Bain Mcginnis Family Trust and Bain James Henry
Bought by
Abbott Family Trust and Abbott
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
List Price
$9,000,000
Sold Price
$9,000,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.00%

Purchase Details

Listed on
Aug 4, 2020
Closed on
Aug 24, 2020
Sold by
Jones David M and Jones Judy B
Bought by
Bain James Henry and Mcginnis James Randall
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
List Price
$3,995,000
Sold Price
$3,970,000
Premium/Discount to List
-$25,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.09%
Original Mortgage
$1,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2006
Sold by
Vandiver Joel B and Van Diver Wendy G
Bought by
Jones David M and Jones Judy B

Purchase Details

Closed on
May 1, 2001
Sold by
Davidson Friley S
Bought by
Vandiver Joel B and Vandiver Wendy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 30, 2001
Sold by
Davidson L Stacy
Bought by
Davidson Friley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2001
Sold by
Davidson L Stacy
Bought by
Davidson L Stacy and Davidson Friley S

Purchase Details

Closed on
Aug 14, 2000
Sold by
Hillis Kathleen Patricia
Bought by
Hillis Terry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
8.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2000
Sold by
Davidson Fay Spruill
Bought by
Davidson L Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
8.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 19, 1999
Sold by
Hills Terry E
Bought by
Hillis Terry E
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 Type Sale Price Title Company
Grant Deed $9,000,000 Chicago Title
Grant Deed $3,970,000 Chicago Title Company
Grant Deed -- Lawyers Title Company
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Previous Owner $1,500,000 New Conventional
Previous Owner $600,000 Future Advance Clause Open End Mortgage
Previous Owner $2,750,000 Credit Line Revolving
Previous Owner $1,500,000 Unknown
Previous Owner $550,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $1,000,000 No Value Available
Previous Owner $820,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $8,950,000 0.0% $2,333 / Sq Ft
06/19/2025 06/19/25 Off Market $8,950,000 -- --
04/11/2025 04/11/25 Price Changed $8,950,000 -6.6% $2,333 / Sq Ft
03/12/2025 03/12/25 For Sale $9,585,000 +6.5% $2,498 / Sq Ft
10/03/2024 10/03/24 Sold $9,000,000 0.0% $2,346 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $9,000,000 +126.7% $2,346 / Sq Ft
08/28/2020 08/28/20 Sold $3,970,000 -0.6% $1,035 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $3,995,000 -- $1,041 / 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 $45,570 $4,130,388 $1,872,720 $2,257,668
2022 $44,078 $4,049,400 $1,836,000 $2,213,400
2021 $43,173 $3,970,000 $1,800,000 $2,170,000
2020 $34,569 $3,170,899 $1,878,811 $1,292,088
2019 $33,954 $3,108,725 $1,841,972 $1,266,753
2018 $33,348 $3,047,770 $1,805,855 $1,241,915
2017 $32,710 $2,988,011 $1,770,447 $1,217,564
2016 $31,720 $2,929,424 $1,735,733 $1,193,691
2014 $30,697 $2,828,902 $1,676,172 $1,152,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2720

Santa Barbara Multiple Listing Service

APN: 011-160-013