$4,477,900
SOLD JAN 24, 2025

2775 E Valley Rd Santa Barbara, CA 93108

4 Beds
3.5 Baths
3,598 Sq Ft
1 Acres

Recently Sold

$1,245 Per Sq Ft

6% Below List Price

19 Days on Market

Highlights

  • Tennis Courts
  • 1 Acre Lot
  • Wood Flooring
  • Estate
  • Mountain View
  • Spanish Architecture

About This Home

As of January 2025

Offering exceptional value in Montecito with significant upside potential, this 4-bedroom, 3.5-bathroom estate spans 3,598 square feet of living space on a lush, private one-acre lot. Set behind a stately entrance lined with towering palm trees, the Spanish hacienda-style home is surrounded by vibrant landscaping, including mature oaks, eucalyptus trees, hydrangeas, and abundant greenery.

The property features a tennis court, a three-car garage with a motor court, and a backyard designed for both relaxation and entertainment. It is equipped with an outdoor fireplace, a flagstone patio, and ample space to add a pool or ADU. Multiple sets of French doors seamlessly integrate the beauty of the outdoors with the interior spaces, creating an effortless flow between indoor and outdoor living.

The south-facing backyard fills the interior with abundant natural light, while the wide archways and thoughtful floor plan enhance the sense of spaciousness. The main level includes an elegant dining room, a living room with a fireplace, and a kitchen outfitted with premium Wolf, Sub-Zero, and Miele appliances. A sunny breakfast area opens to the picturesque grounds, while a serene family room and a private-entry guest suite offer added flexibility.

The upper level features a spacious primary suite with a private office or sitting room and breathtaking mountain views. Two additional bedrooms and a shared bathroom complete the floor, providing comfortable accommodations for family or guests.

Located on one of Montecito's most prominent thoroughfares, this property is just moments from the area's finest attractions, including downtown Montecito, the polo fields, Summerland, and several beautiful beaches. Brimming with charm and untapped potential, this estate invites you to create your dream retreat in one of California's most coveted locations.

Last Agent to Sell the Property

Kendrick Guehr

Keller Williams Realty Santa Barbara License #01964065 Listed on: 12/11/2024

Keller Williams Realty Santa Barbara

Co-Listed By

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 1 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Lawn
  • Property is in good condition
  • Property is zoned E-1

Parking

  • Direct Access Garage

Home Design

  • Estate
  • Spanish Architecture
  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,598 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Gas Oven
  • Built-In Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Tennis Courts
  • Fireplace in Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005-030-025
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Level
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Architectural Style: Medit, Spanish, Estate
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1987
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s) Gas8: Yes
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Laundry Gas Hookup2: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • Foundation Raised: Yes
  • Fireplace(s) Patio3: Yes
  • Laundry 220V Elect2: Yes
  • Fireplace(s) 23: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Built-In Gas Oven, Dishwasher, Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Gas, Patio
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 1.0
  • Topography: Level
  • Exterior Features: Tennis Court(s), Lawn, Fenced: BCK
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Interior Access, Attached

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 005-030-025
  • Zoning: E-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2024
Closed on
Jan 16, 2025
Sold by
Wright Kenneth Frederick and Hiller Kristen Marie
Bought by
Lilibet Holdings Llc
Seller's Agent
Kendrick Guehr
Keller Williams Realty Santa Barbara
Buyer's Agent
Robert Riskin
Village Properties
List Price
$4,750,000
Sold Price
$4,477,900
Premium/Discount to List
-$272,100
-5.73%
Views
96
Current Estimated Value
$4,742,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,644
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Aug 13, 2024
Sold by
John Steven Ziegler Trust and Ziegler John Steven
Bought by
Wright Kenneth Frederick and Hiller Kristen Marie

Purchase Details

Closed on
Oct 25, 2022
Sold by
Wright Kenneth Frederick and Wright Kristen Marie
Bought by
John Steven Ziegler Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 18, 2021
Sold by
Serious About Property Llc
Bought by
Wright Kenneth Frederick and Hiller Kristen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2020
Sold by
Regeer Bert and Regeer Belinda
Bought by
Serious About Property Llc

Purchase Details

Listed on
Jan 20, 2016
Closed on
Feb 19, 2016
Sold by
Hodge Rosalie J
Bought by
Regeer Family Revocable Living Trust
Seller's Agent
Harry Kolb
Sotheby's International Realty
Buyer's Agent
Marie Sue Parsons &
Berkshire Hathaway HomeServices California Properties
List Price
$2,795,000
Sold Price
$2,500,000
Premium/Discount to List
-$295,000
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$2,125,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2001
Sold by
Hodge John W and Hodge Rosalie J
Bought by
Hodge John W and Hodge Rosalie J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Grant Deed $4,478,000 First American Title
Grant Deed -- First American Title
Grant Deed $47,000 First American Title
Grant Deed $2,550,000 First American Title Company
Grant Deed -- None Available
Grant Deed $2,500,000 Chicago Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,600,000 Credit Line Revolving
Previous Owner $2,500,000 Commercial
Previous Owner $2,125,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2025 01/24/25 Sold $4,477,900 -5.7% $1,245 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/11/2024 12/11/24 For Sale $4,750,000 +90.0% $1,320 / Sq Ft
02/26/2016 02/26/16 Sold $2,500,000 -10.6% $667 / Sq Ft View Prior Sale
01/25/2016 01/25/16 Pending -- -- --
07/20/2015 07/20/15 For Sale $2,795,000 -- $746 / 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 $38,779 $3,613,640 $2,337,320 $1,276,320
2023 $38,779 $3,473,320 $2,246,560 $1,226,760
2022 $37,538 $3,400,000 $2,200,000 $1,200,000
2021 $30,488 $2,734,114 $1,367,057 $1,367,057
2020 $30,127 $2,706,080 $1,353,040 $1,353,040
2019 $29,346 $2,653,020 $1,326,510 $1,326,510
2018 $28,938 $2,601,000 $1,300,500 $1,300,500
2017 $28,363 $2,550,000 $1,275,000 $1,275,000
2016 $11,035 $920,018 $307,209 $612,809
2015 $10,725 $906,200 $302,595 $603,605
2014 $10,149 $888,450 $296,668 $591,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-3927

Santa Barbara Multiple Listing Service

APN: 005-030-025