NOT LISTED FOR SALE

2838 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $7,250,000 - $8,833,770

3 Beds
5 Baths
5,743 Sq Ft
$1,433/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2020

Last sale price $6,000,000 $1,045 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $49,401 / mo

163 Days on Market

Highlights

  • Ocean View
  • Pool House
  • Fireplace in Primary Bedroom
  • Guest House
  • 1.71 Acre Lot
  • Wood Flooring

About This Home

As of December 2020

Discreetly sited down a quiet lane & overlooking the Pacific, a surprise awaits. Echoing visions of the French & Italian countrysides, this romantic estate is exquisitely designed w/ beautiful proportions & timeless details. Planned as a petite estate for modern living, the property unfolds past a gated entry & stunning gardens to reveal 3 distinct buildings. The south facing main house is poised at the top of the property & offers 3BD suites, an inviting living room, dining room & family room. All opening to the great outdoors, these rooms take advantage of the property's south-facing orientation, w/ the infinity pool/spa & patios all designed to enjoy sunrises & sunsets over the ocean year round. A home built w/ passion & lived in w/ love for many years, is ready for its next chapter.

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 06/24/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Erin Chadwick

Compass License #01851177

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 1.71 Acre Lot
  • Property is zoned 1-E-1

Parking

  • 3 Car Direct Access Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,743 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Pool House
  • Infinity Pool
  • Spa

Outdoor Features

  • Patio

Additional Homes

  • Guest House
  • Fireplace in Guest House

Utilities

  • Air Conditioning
  • Floor Furnace
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 155-120-050

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

1.71 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 5743
  • Lot Acreage: 1.7100
  • Stories: 2
  • Year Built: 2002
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room, Family Room, Master Bedroom, Guest House, Patio
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Central Vacuum, Washer, Dryer, Microwave, Refrigerator, Range/Oven, Dishwasher, Elevator
  • Price Per S Q F T: 1210.17

Exterior Features

  • Other Structures: GuestHouse, Pool House
  • Pool Description: Negative Edge/Infinity Pool
  • Pool: Yes
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Ocean, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car, Attached, Direct Entrance

Utilities

  • Cooling: Air Conditioning
  • Heating: Floor Furnace
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 155-120-050
  • Geocode Override: No
  • Lot Size Area: 74488

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Dec 23, 2020
Sold by
Bought by
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Erin Chadwick
Compass
List Price
$6,950,000
Sold Price
$6,000,000
Premium/Discount to List
-$950,000
-13.67%
Current Estimated Value
$8,229,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,229,257
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Oct 10, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,175,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,096,500
Interest Rate
1.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 20, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
7.71%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 23, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 11, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.95%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,000,000 Chicago Title Company
-- Chicago Title Company
-- Southland Title
-- Southland Title
-- Commonwealth Land Title Co
-- Commonwealth Land Title Co
-- Fidelity National Title Co
-- First American Title
-- First American Title
-- First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,175,000
Previous Owner $2,096,500
Previous Owner $1,999,999
Previous Owner $1,750,000
Previous Owner $155,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $6,000,000 -13.7% $1,045 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $6,950,000 0.0% $1,210 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $6,950,000 -- $1,210 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $62,549 $6,068,668 $2,132,239 $3,936,429
2023 $62,549 $5,833,017 $2,049,443 $3,783,574
2022 $60,990 $5,759,445 $2,009,258 $3,750,187
2021 $63,510 $6,000,000 $2,000,000 $4,000,000
2020 $30,494 $2,865,066 $719,669 $2,145,397
2019 $29,570 $2,808,889 $705,558 $2,103,331
2018 $29,105 $2,753,814 $691,724 $2,062,090
2017 $28,602 $2,699,818 $678,161 $2,021,657
2016 $28,108 $2,646,881 $664,864 $1,982,017
2015 $27,794 $2,607,124 $654,878 $1,952,246
2014 -- $2,556,055 $642,050 $1,914,005
Source: Public Records

Agents Affiliated with this Home

  • Nancy Kogevinas

    Seller's Agent in 2020

    Nancy Kogevinas

    Berkshire Hathaway HomeServices California Properties

    (805) 450-6233

    191 Total Sales

    Nancy Kogevinas
    Section Image

  • E

    Buyer's Agent in 2020

    Erin Chadwick

    Compass

See All Agents

Map

Source: The MLS

MLS Number: 20-595268

The MLS

APN: 155-120-050

California Santa Barbara County Santa Barbara 93108

2838 E Valley Rd, Santa Barbara, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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