W
Seller's Agent in 2022
Wendy Gragg
Distinctive Real Estate
(805) 453-3371
1 in this area
17 Total Sales
281 Schulte Ln Santa Barbara, CA 93105
Foothill NeighborhoodEstimated Value: $4,327,000 - $5,428,000
4
Beds
3.5
Baths
5,386
Sq Ft
$916/Sq Ft
Est. Value
Highlights
- Spa
- Property is near an ocean
- Custom Home
- Santa Barbara Senior High School Rated A-
- Solar Power Battery
- Updated Kitchen
About This Home
As of November 2022Amenities abound in this beautiful Mediterranean Villa on a gated private lane with underground utilities in the heart of Santa Barbara. Over 5,300 square feet and resting on 1.88 usable acres, this light and bright 4 bedroom, 4 bath with custom built office has an open floor plan with great indoor/outdoor flow. Solar powered with 6 Tesla Powerwall back up battery systems and 2 electric car chargers. Features include an elevator, dual zone central air conditioning, hardwood floors, 3 fireplaces, entry tower, custom windows and curved staircase. The top of the line gourmet kitchen with custom cabinets has a Sub Zero refrigerator/freezer, a French Lacanche range with 3 ovens, 4 burners, a french top, griddle and warming drawer, a Miele dishwasher, Waterworks faucets and and generous pantry flows beautifully into the dining area with Sub Zero beverage refrigerator and the cozy family room with entertainment center and fireplace. Impressive living room with soaring ceilings and stone fireplace. Sumptuous primary suite with adjacent coffee and beverage bar features a fireplace, 2 custom built closets, generous glass shower and soaking tub, heated floors, towel warmers, dual vanities and an inviting private balcony with spectacular mountain views. Guest suite has a custom closet and its own private balcony with fountain and mountain views. 2 additional bedrooms with adjacent coffee and beverage bar offer flexibility as a 2nd office and/or a gym. Outstanding private grounds feature a Brown Jordan outdoor covered patio with a built in kitchen featuring a pizza oven, a smoker, large grill, Asko outdoor dishwasher, 2 refrigerator drawers, warming drawer, 2 burners, built in cutting board, electronic sun shades and dining table. The sunny patio beside the covered patio has cozy seating, a stone waterfall, a fire pit and a bar. Beautifully landscaped and fenced grounds include 2 additional outdoor patios, a hot tub, an outdoor pool table, a playground and playhouse, horseshoe court, beautiful garden and storage sheds, raised bed vegetable gardens and an income producing avocado and orange orchard that is served by an agricultural water meter. There is also an extensive wild fire suppression system. 3 car attached garage and additional on site guest parking. This entertainers delight is within 2 miles to shops, restaurants, banks, Whole Foods, Bristol Farms and Gelsons and it is less than 5 miles to the beach. It is located in the highly desirable Peabody School District.
Last Agent to Sell the Property
Distinctive Real Estate License #01304471 Listed on: 07/27/2022
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01978598
Home Details
Home Type
- Single Family
Year Built
- Built in 2010
Lot Details
- 1.88 Acre Lot
- Fenced
- Irrigation
- Fruit Trees
- Property is in excellent condition
- Property is zoned A-1
Home Design
- Custom Home
- Spanish Architecture
- Mediterranean Architecture
- Raised Foundation
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 5,386 Sq Ft Home
- 2-Story Property
- Skylights
- Multiple Fireplaces
- Gas Fireplace
- Double Pane Windows
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Library
- Mountain Views
Kitchen
- Updated Kitchen
- Breakfast Bar
- Built-In Double Oven
- Built-In Range
- Stove
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Remodeled Bathroom
- Maid or Guest Quarters
Laundry
- Laundry Room
- 220 Volts In Laundry
Home Security
- Home Security System
- Fire Sprinkler System
Parking
- Direct Access Garage
- Electric Vehicle Home Charger
- Uncovered Parking
Accessible Home Design
- Accessible Elevator Installed
Eco-Friendly Details
- Solar Power Battery
- Solar Power System
Outdoor Features
- Spa
- Property is near an ocean
- Covered Patio or Porch
- Shed
- Built-In Barbecue
Location
- Property is near park, schools, and shops
- Property near a hospital
- City Lot
Schools
- Peabody Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- Sewer Stub Out
Community Details
- 15 San Roque Subdivision
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 055-230-002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2022
Closed on
Oct 20, 2022
Sold by
Kathryn A Ordway Revocable Trust
Bought by
Jenkins Wyatt K and Jenkins Celsea N
Seller's Agent
Wendy Gragg
Distinctive Real Estate
Buyer's Agent
Hristo Hristov
Berkshire Hathaway HomeServices California Properties
List Price
$4,995,000
Sold Price
$4,500,000
Premium/Discount to List
-$495,000
-9.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,501
Avg. Annual Appreciation
2.74%
Original Mortgage
$3,000,000
Outstanding Balance
$2,861,683
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$2,072,818
Purchase Details
Listed on
Apr 29, 2014
Closed on
Oct 13, 2014
Sold by
281 Schulte Llc
Bought by
Ordway Kathryn A
Seller's Agent
JoAnn Mermis &
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Diane Randall
Sotheby's International Realty
List Price
$2,290,000
Sold Price
$2,220,000
Premium/Discount to List
-$70,000
-3.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Purchase Details
Closed on
Mar 28, 2008
Sold by
Franzen James and Welch Stephen
Bought by
281 Schulte Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
5.87%
Mortgage Type
Seller Take Back
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jenkins Wyatt K | $4,500,000 | Chicago Title | |
| Ordway Kathryn A | $2,220,000 | Chicago Title Company | |
| 281 Schulte Llc | $700,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jenkins Wyatt K | $3,000,000 | |
| Previous Owner | 281 Schulte Llc | $595,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/03/2022 11/03/22 | Sold | $4,500,000 | -9.9% | $835 / Sq Ft | |
| 09/19/2022 09/19/22 | Pending | -- | -- | -- | |
| 07/27/2022 07/27/22 | For Sale | $4,995,000 | +125.0% | $927 / Sq Ft | |
| 10/17/2014 10/17/14 | Sold | $2,220,000 | -3.1% | $427 / Sq Ft | View Prior Sale |
| 09/24/2014 09/24/14 | Pending | -- | -- | -- | |
| 04/28/2014 04/28/14 | For Sale | $2,290,000 | 0.0% | $440 / Sq Ft | |
| 05/01/2013 05/01/13 | Rented | -- | -- | -- | |
| 04/25/2013 04/25/13 | Under Contract | -- | -- | -- | |
| 03/21/2013 03/21/13 | For Rent | $8,000 | -- | -- |
Source: Santa Barbara Multiple Listing Service
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 | $48,672 | $4,681,800 | $1,560,600 | $3,121,200 |
| 2023 | $48,672 | $4,500,000 | $1,500,000 | $3,000,000 |
| 2022 | $28,251 | $2,647,946 | $906,022 | $1,741,924 |
| 2021 | $27,602 | $2,596,026 | $888,257 | $1,707,769 |
| 2020 | $27,318 | $2,569,408 | $879,150 | $1,690,258 |
| 2019 | $26,841 | $2,519,028 | $861,912 | $1,657,116 |
| 2018 | $26,475 | $2,471,009 | $845,012 | $1,625,997 |
| 2017 | $24,879 | $2,353,932 | $828,444 | $1,525,488 |
| 2016 | $23,681 | $2,253,855 | $812,200 | $1,441,655 |
| 2014 | $17,998 | $1,695,889 | $760,504 | $935,385 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Gragg
-
Hristo Hristov
Buyer's Agent in 2022
Hristo Hristov
Berkshire Hathaway HomeServices California Properties
(805) 284-8471
1 in this area
47 Total Sales
-
J
Seller's Agent in 2014
JoAnn Mermis &
Berkshire Hathaway HomeServices California Properties
-
D
Buyer's Agent in 2014
Diane Randall
Sotheby's International Realty
-
Mimi Greenberg
M
Seller's Agent in 2013
Mimi Greenberg
Berkshire Hathaway HomeServices California Properties
(805) 570-9585
12 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 22-2557
APN: 055-230-002
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Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.
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