NOT LISTED FOR SALE

2825 Hidden Valley Ln Santa Barbara, CA 93108

Estimated Value: $2,302,000 - $3,464,000

1 Bed
1 Bath
860 Sq Ft
$3,585/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $2,650,000 $3,081 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $17,291/month

79 Days on Market

Highlights

  • Peek-A-Boo Views
  • Property is near a park
  • Mediterranean Architecture
  • Fruit Trees
  • Wood Flooring
  • Lawn

About This Home

As of February 2022

Unique Montecito opportunity with two separately walled and gated compounds nestled in an enviable setting under mature oaks. Encompassing over an acre of flat buildable land with two building sites offering the potential for dual private estates. Both sites offer tremendous opportunities to spend afternoons gathering with friends or dining al fresco under the stars surrounded by a perfect blend of landscaped gardens, nature and peeks of the ocean beyond.

Behind stone walls, this developed site has a romantic Spanish style casita with an open floor plan kitchen/family room and fireplace. The magical setting offers indoor-outdoor living at its best with each room opening to the peaceful, park-like setting surrounded by patios, gardens and lush landscaping. The past is preserved in the original 1966 old world stone grotto which remains, giving the grounds historical charm. Overlooking the expansive entertaining patiothe grotto is an ideal location for an outdoor kitchen to host private dinners, wine tastings or just relax with friends and family. Tucked below is a whimsical playhouse, constructed from reclaimed barn wood - a perfect escape for the little one's adventures. Two new storage sheds on the other side of the property offer additional storage.

This second building site is all about opportunity, upside and vision. Completely separate from the other gated site and ready for a new home, ADU, horse facilities, pool - or whatever you can dream up. This is a vacant flat building pad behind substantial stone walls and gates. Previously approved building plans are available for a 2,500±SF home with potential for an ocean view on the second floor. Both sites have their own separate septic systems and water meters installed. Hidden Valley Lane is quiet and private while being conveniently located close to all Montecito has to offer. A must see opportunity for someone to enjoy now or take to the next level.

Last Agent to Sell the Property

Randy Haden

Compass License #02020380 | 01988499 Listed on: 12/05/2021

Compass

Last Buyer's Agent

Paul Bodnar Realtor

Keller Williams Realty Montecito License #01919129

Keller Williams Realty Montecito

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,128

Year Built

  • Built in 1965

Lot Details

  • 1.12 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in good condition

Parking

  • Uncovered Parking

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 860 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Separate Outdoor Workshop
  • Shed

Location

  • Property is near a park
  • Property is near schools

Schools

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

Utilities

  • Heating Available
  • Underground Utilities
  • Septic System

Community Details

  • 10 Hidden Valley Subdivision

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 155-100-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,128

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: 192 to Ladera Lane. From Ladera Lane, turn right on Hidden Valley Lane. Compound One is on the right side of the street and Compound Two is on the left side of the street.
  • Prop. Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Level, Other
  • Road Frontage Type: Easement
  • ResoSecurityFeatures: Other
  • Subdivision Name: 10 - Hidden Valley
  • Reso Accessibility Features: Wheelchair Access
  • Architectural Style: Other, Medit
  • Reso Flooring: Hardwood
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other, Shed(s), Work Shop
  • Reso Property Condition: Good
  • Property Information Year Built2: 1965
  • Property Information Apx # Acres: 1.12
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 860.0
  • Dining In Kitchen4: Yes
  • Property Information Apx Lot SqFt: 48787.0
  • Condition Good2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • Roof:Tile2: Yes
  • Other Buildings Shed: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View Other27: Yes
  • View PartialFiltered2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Handicapped Access Wheelchair Access: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Other, LR

Exterior Features

  • Roof: Other, Tile
  • View: Other, Mountain(s), Setting, Partial/Filtered
  • Construction Type: Other, Stucco
  • Acres: 1.12
  • Topography: Level
  • Exclusions: Other
  • Exterior Features: Other, Patio Open, Patio Covered, Gazebo, Lawn, Fruit Trees, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #4, Other

Utilities

  • Heating: Electric, Other
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Mont Wtr
  • Heating:Electric: Yes

Schools

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

Lot Info

  • Parcel #: 155-100-013
  • Zoning: R-1
  • Lot Size Sq Ft: 48787.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2021
Closed on
Feb 10, 2022
Sold by
Dena L Chachakos Revocable Trust
Bought by
Kabat Andrew and Howard Sherry
Seller's Agent
Randy Haden
Compass
Buyer's Agent
Paul Bodnar Realtor
Keller Williams Realty Montecito
List Price
$3,495,000
Sold Price
$2,650,000
Premium/Discount to List
-$845,000
-24.18%
Current Estimated Value
$3,082,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,795
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
Jun 20, 2007
Sold by
Chachakos Dena L
Bought by
Chachakos Dena L

Purchase Details

Closed on
Jul 22, 2005
Sold by
Chachakos Dena L and Stathis Dena L
Bought by
Chachakos Dena L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2004
Sold by
Stathis James
Bought by
Stathis Dena L

Purchase Details

Closed on
Jan 13, 2004
Sold by
Clark Dale
Bought by
Stathis Dena L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Kabat Andrew $2,650,000 Wfg National Title
Chachakos Dena L -- None Available
Chachakos Dena L -- Chicago Title Company
Stathis Dena L -- First American Title Company
Stathis Dena L -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chachakos Dena L $82,000
Previous Owner Chachakos Dena L $675,000
Previous Owner Stathis Dena L $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $2,650,000 -24.2% $3,081 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
10/15/2021 10/15/21 For Sale $3,495,000 -- $4,064 / 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 $12,128 $1,118,069 $477,543 $640,526
2023 $12,128 $1,122,000 $459,000 $663,000
2022 $12,712 $1,183,690 $1,112,019 $71,671
2021 $12,448 $1,160,481 $1,090,215 $70,266
2020 $12,326 $1,148,583 $1,079,037 $69,546
2019 $11,871 $1,126,063 $1,057,880 $68,183
2018 $11,684 $1,103,985 $1,037,138 $66,847
2017 $11,482 $1,082,339 $1,016,802 $65,537
2016 $11,283 $1,061,117 $996,865 $64,252
2014 $10,562 $1,024,707 $962,659 $62,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3826

Santa Barbara Multiple Listing Service

APN: 155-100-013