NOT LISTED FOR SALE

2870 E Valley Rd Santa Barbara, CA 93108

Toro Canyon Neighborhood

Estimated Value: $6,234,000 - $7,161,000

3 Beds
3 Baths
2,670 Sq Ft
$2,535/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $6,300,000 $2,360 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $41,049/month

189 Days on Market

Highlights

  • Ocean View
  • 6.41 Acre Lot
  • Maid or Guest Quarters
  • Barn
  • Fruit Trees
  • Ranch Style House

About This Home

As of December 2023

Never before in the MLS & owned by the same family for over 45 yrs, gain access to one of Montecito's most peaceful country hideaways. Discover what it's like to live in tandem with nature as you explore the private 6.41 acre property to find panoramic ocean & mountain views, meandering creek, & a hidden island. 1 of 3 structures on the property, the 3bd/3ba single-level rancher balances classic country living w/ breathtaking ocean & canyon views. 1 bed, 1 bath guest cottage sits alongside Toro Canyon Creek. Additionally, prepare to feel inspired in the metal-clad barn currently used as both a workshop & garage where endless possibility awaits. At the top of the property is a potential building site w/ views that span the horizon. Here, nostalgia for a simpler era can now become reality.

Last Agent to Sell the Property

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 05/06/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 6.41 Acre Lot
  • Interior Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • 4 Car Detached Garage

Property Views

  • Ocean
  • Island
  • Coastline
  • Panoramic
  • Woods
  • Mountain

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,670 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Breakfast Area or Nook
  • Laundry in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Schools

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

Farming

  • Barn

Utilities

  • Forced Air Heating System
  • Septic System

Community Details

  • 10 Hidden Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 155-120-044

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Directions: From Sheffield, head East on East Valley Road. After Ladera Lane, turn up at the shared driveway. Stay to the left of the driveway to the top.
  • Prop. Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Kitchen
  • ResoLotFeatures: Interior Lot
  • Subdivision Name: 10 - Hidden Valley
  • Architectural Style: Ranch
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other, Barn(s), Work Shop
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1964
  • Property Information Apx # Acres: 6.41
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2670.0
  • Exterior BrickStone: Yes
  • View Wooded3: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • GroundsLandscaping Wooded4: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • Other Buildings Barn2: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • ParkingGarage Detached: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms:Den: Yes
  • Dining Nook2: Yes
  • Laundry In Kitchen3: Yes
  • LocationTopo Interior2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 4.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Other, LR
  • Other Rooms:Media Room: Yes

Exterior Features

  • View: Mountain(s), Islands, Coastline, Ocean, Setting, Wooded, Panoramic
  • Construction Type: Wood Siding, Brick/Stone
  • Acres: 6.41
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Wooded

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Gar #4, Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 155-120-044
  • Zoning: E-1
  • Lot Size Sq Ft: 279219.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
Dec 7, 2023
Sold by
Thomas R And Constance C Ferguson Trust and Ferguson Robert G
Bought by
Jesse Lurie Revocable Trust and Lurie
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$7,200,000
Sold Price
$6,300,000
Premium/Discount to List
-$900,000
-12.5%
Views
289
Current Estimated Value
$6,768,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,550
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Aug 14, 1997
Sold by
Ferguson Thomas R and Ferguson Constance C
Bought by
Ferguson Thomas R and Ferguson Constance C
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 Buyer Sale Price Title Company
Jesse Lurie Revocable Trust $6,300,000 Chicago Title Company
Ferguson Thomas R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2023 12/28/23 Sold $6,300,000 -6.7% $2,360 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $6,750,000 -6.3% $2,528 / Sq Ft
05/06/2023 05/06/23 For Sale $7,200,000 -- $2,697 / 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 $67,031 $6,426,000 $3,876,000 $2,550,000
2023 $67,031 $7,000,000 $4,500,000 $2,500,000
2022 $6,562 $484,991 $200,707 $284,284
2021 $6,449 $475,482 $196,772 $278,710
2020 $6,442 $470,608 $194,755 $275,853
2019 $5,056 $461,382 $190,937 $270,445
2018 $4,978 $452,337 $187,194 $265,143
2017 $4,892 $443,469 $183,524 $259,945
2016 $4,809 $434,775 $179,926 $254,849
2014 $4,485 $419,857 $173,753 $246,104
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marsha Kotlyar Estate Group

    Berkshire Hathaway HomeServices California Properties

    (805) 565-4014

    5 in this area

    164 Total Sales

    Marsha Kotlyar Estate Group
    Section Image
  • Robert Riskin

    Buyer's Agent in 2023

    Robert Riskin

    Village Properties

    (805) 698-0199

    7 in this area

    211 Total Sales

    Robert Riskin
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1228

Santa Barbara Multiple Listing Service

APN: 155-120-044

California Santa Barbara County Santa Barbara 93108 Toro Canyon

2870 E Valley Rd, Santa Barbara, CA

Not Listed for Sale

Detached

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