2775 Sycamore Canyon Rd Santa Barbara, CA 93108
--
Bed
--
Bath
1,254
Sq Ft
1
Acres
Highlights
- Hot Property
- Property is near an ocean
- Property is near a park
- Cold Spring Elementary School Rated A
- Deck
- Detached Garage
About This Home
As of November 2024Enchanting ultra-private estate located in the heart of Montecito in the highly sought-after Cold Spring School District. Enter the gated 1+/- acre property, and you will find not only one, but two inviting homes providing a modern compound on the manicured park-like grounds designed for entertaining and serenity. The charming single-level main house with a new roof includes 2 bedrooms + loft and 1 bathroom, a remodeled kitchen with Bosch appliances, vaulted ceilings, and a cozy living area with a fireplace. The home overlooks the sprawling parcel, complete with multiple outdoor seating areas, including a large entertainment patio with a built-in BBQ, outdoor fire pit, planter beds ready for full bloom, putting green, generous motor court, and additional structure perfect for a flex space for an office, art studio, or exercise room.
Elevating the property even further, the grounds are complete with a brand new 2 bedroom, 2 bathroom home (ADU) finalized in 2024 with 10 foot high ceilings, a gourmet kitchen complete with a Wolf stove and Miele appliances, HALO water filtration system, A/C, custom made white oak cabinets, and open-plan living room with an electric fireplace and bifold Euroline steel doors designed for seamless indoor/outdoor living leading out to the covered patio. The home features spacious bedrooms, spa-like bathrooms, and large closets with custom built-ins. No detail was missed with solar panels on the roof and an expansive detached +/- 750 sq. ft. 2.5-car garage with a 60 amp receptacle for a car charger and private laundry area.
The ADU was built with a vision for multigenerational living, and while both homes are move-in ready, there is plenty of room to make your own vision come to life by expanding upon the main residence to create your dream home.
This property includes many unseen site improvements, including a new underground electrical pole to a 400 amp panel in the trash enclosure providing 200 amp to the ADU and 200 amp at the main house, a new sewer lateral with 2 backflow devices, all new underground sewer, and new underground gas and water lines.
Privacy coupled with proximity, the property is close to the Montecito villages, hiking trails, beaches, shopping, fine dining, and all that Montecito has to offer, making it the ideal place to call home.
Please see floor plans. Main home is +/- 1254 sq. ft. and ADU is +/- 1199 sq. ft., with a +/- total sq. ft. of 2453 sq. ft. on the two structures. Garage is +/- 750 sq. ft.
Last Agent to Sell the Property
Village Properties License #01397913 | 02047418 | 02133758 | 02150975 Listed on: 06/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $26,088
Year Built
- Built in 1930
Lot Details
- 1 Acre Lot
- Gated Home
- Property is in excellent condition
Parking
- Detached Garage
Home Design
- Slab Foundation
Interior Spaces
- 1,254 Sq Ft Home
- Fireplace
- Laundry Room
Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Home Security
- Video Cameras
- Fire and Smoke Detector
Outdoor Features
- Property is near an ocean
- Deck
- Patio
Location
- Property is near a park
- 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
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 011-120-054
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2024
Closed on
Oct 25, 2024
Sold by
Bailey Ryan
Bought by
Stiefler Jeffrey and Stiefler Suzanne
Seller's Agent
Emily Kellenberger
Village Properties
Buyer's Agent
Dusty Baker
Sotheby's International Realty
List Price
$6,750,000
Sold Price
$5,300,000
Premium/Discount to List
-$1,450,000
-21.48%
Views
237
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Purchase Details
Listed on
Jan 20, 2016
Closed on
Feb 5, 2016
Sold by
Allen Marcus
Bought by
Bailey Ryan
Seller's Agent
Jason Streatfeild
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Angelina Bernardi
Sun Coast Real Estate
List Price
$1,295,000
Sold Price
$1,475,000
Premium/Discount to List
$180,000
13.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%
Original Mortgage
$1,180,000
Interest Rate
3.98%
Mortgage Type
Unknown
Purchase Details
Listed on
Nov 21, 2013
Closed on
Oct 29, 2014
Sold by
Allen Marcus
Bought by
Allen Marcus
Seller's Agent
Jordan Cohen
RE/MAX ONE
Buyer's Agent
Jordan Cohen
RE/MAX ONE
List Price
$1,050,000
Sold Price
$1,050,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.16%
Original Mortgage
$840,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 21, 2013
Closed on
Sep 4, 2014
Sold by
Doves Nest Llc
Bought by
Allen Marcus
Seller's Agent
Jordan Cohen
RE/MAX ONE
Buyer's Agent
Jordan Cohen
RE/MAX ONE
List Price
$1,050,000
Sold Price
$1,050,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 2013
Sold by
Melchiori Heather
Bought by
Doves Nest Llc
Purchase Details
Closed on
Jul 20, 2012
Sold by
Melchiori Mark
Bought by
Melchiori Heather
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 1, 2006
Sold by
Oswald Yoshiko
Bought by
Melchiori Mark and Melchiori Heather
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
1.4%
Mortgage Type
Negative Amortization
Similar Home in Santa Barbara, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,300,000 | Fidelity National Title | |
| Grant Deed | $1,475,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,050,000 | Fidelity National Title Co | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,000,000 | New Conventional | |
| Previous Owner | $1,500,000 | Commercial | |
| Previous Owner | $1,180,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,180,000 | Unknown | |
| Previous Owner | $840,000 | New Conventional | |
| Previous Owner | $140,000 | Unknown | |
| Previous Owner | $1,275,000 | Negative Amortization |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $5,495,000 | +3.7% | $4,382 / Sq Ft |
| 11/04/2024 11/04/24 | Sold | $5,300,000 | 0.0% | $2,161 / Sq Ft |
| 11/04/2024 11/04/24 | Sold | $5,300,000 | -7.8% | $4,226 / Sq Ft |
| 10/20/2024 10/20/24 | Pending | -- | -- | -- |
| 10/20/2024 10/20/24 | Pending | -- | -- | -- |
| 10/05/2024 10/05/24 | Price Changed | $5,750,000 | 0.0% | $4,585 / Sq Ft |
| 10/05/2024 10/05/24 | Price Changed | $5,750,000 | -4.1% | $2,344 / Sq Ft |
| 09/04/2024 09/04/24 | Price Changed | $5,995,000 | 0.0% | $4,781 / Sq Ft |
| 09/04/2024 09/04/24 | Price Changed | $5,995,000 | -4.8% | $2,444 / Sq Ft |
| 06/25/2024 06/25/24 | For Sale | $6,299,000 | 0.0% | $5,023 / Sq Ft |
| 06/24/2024 06/24/24 | Price Changed | $6,299,000 | -3.0% | $2,568 / Sq Ft |
| 05/17/2024 05/17/24 | Price Changed | $6,495,000 | -3.8% | $2,648 / Sq Ft |
| 04/10/2024 04/10/24 | For Sale | $6,750,000 | +357.6% | $2,752 / Sq Ft |
| 02/12/2016 02/12/16 | Sold | $1,475,000 | +13.9% | $1,951 / Sq Ft |
| 02/03/2016 02/03/16 | Pending | -- | -- | -- |
| 01/20/2016 01/20/16 | For Sale | $1,295,000 | +23.3% | $1,713 / Sq Ft |
| 09/30/2014 09/30/14 | Sold | $1,050,000 | 0.0% | $1,389 / Sq Ft |
| 08/31/2014 08/31/14 | Pending | -- | -- | -- |
| 11/21/2013 11/21/13 | For Sale | $1,050,000 | -- | $1,389 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $26,088 | $1,678,294 | $1,422,285 | $256,009 |
| 2022 | $18,951 | $1,645,388 | $1,394,398 | $250,990 |
| 2021 | $18,581 | $1,613,126 | $1,367,057 | $246,069 |
| 2020 | $18,236 | $1,596,586 | $1,353,040 | $243,546 |
| 2019 | $17,852 | $1,565,281 | $1,326,510 | $238,771 |
| 2018 | $17,562 | $1,534,590 | $1,300,500 | $234,090 |
| 2017 | $17,190 | $1,504,500 | $1,275,000 | $229,500 |
| 2016 | $14,532 | $1,269,062 | $1,218,300 | $50,762 |
| 2015 | $14,186 | $1,250,000 | $1,200,000 | $50,000 |
| 2014 | $20,571 | $1,857,988 | $1,639,404 | $218,584 |
Source: Public Records
Agents Affiliated with this Home
-
Dusty Baker
D
Seller's Agent in 2025
Dusty Baker
Sotheby's International Realty
(805) 570-0102
16 in this area
110 Total Sales
-
Emily Kellenberger
Seller's Agent in 2024
Emily Kellenberger
Village Properties
(805) 252-2773
10 in this area
66 Total Sales
-
J
Seller's Agent in 2016
Jason Streatfeild
Berkshire Hathaway HomeServices California Properties
-
A
Buyer's Agent in 2016
Angelina Bernardi
Sun Coast Real Estate
-
A
Buyer's Agent in 2016
Angelina Knothe
Berkshire Hathaway HomeServices California Properties
-
Jordan Cohen
Seller's Agent in 2014
Jordan Cohen
RE/MAX ONE
(818) 435-5219
230 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2089
APN: 011-120-054
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