$10,500,000
SOLD JUL 9, 2012

2925 Sycamore Canyon Rd Santa Barbara, CA 93108

7 Beds
8.5 Baths
10,573 Sq Ft
3.36 Acres

Recently Sold

$993 Per Sq Ft

12% Below List Price

Highlights

  • Tennis Courts
  • Outdoor Pool
  • Estate
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Updated Kitchen

About This Home

As of July 2012

Grand,George Washington Smith gardens, pool, court & large rooms for entertaining. 4 large family bdrms in main house with 2 additional bdrms w/bths which have exterior access. Romantic tower guest house. Built in 1929, 'Los Suenos' offers Gracious & elegant living & entertaining space in a grand estate setting.

Last Agent to Sell the Property

Stephen Slavin

Coldwell Banker Realty Listed on: 07/09/2012

Last Buyer's Agent

Stephen Slavin

Sotheby's International Realty License #00493760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $132,690

Year Built

  • Built in 1922

Lot Details

  • 3.36 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Home Design

  • Estate
  • Tile Roof
  • Stucco

Interior Spaces

  • 10,573 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Library
  • Mountain Views
  • Home Security System

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Uncovered Parking

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Tennis Courts
  • Covered patio or porch

Location

  • Property is near shops

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-070-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$132,690

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1922
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System
  • Subdivision Name: Other
  • Architectural Style: Estate
  • Reso Flooring: Hardwood, Marble, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1922
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 3.36
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Marble2: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • ParkingGarage Detached: Yes
  • Site Improvements Cable TV3: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Assessor's Data Assessor Year Built: 1922.0
  • Assessor's Data Assessor Lot Acres: 3.36
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Primary Bedroom, Dining Room, LR
  • Total Bedrooms: 9

Exterior Features

  • Roof: Tile
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 3.36
  • Topography: Level
  • Exterior Features: Tennis Court(s), Pool, Patio Open, Patio Covered, Lawn, Fruit Trees, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Unc #4, Detached

Utilities

  • Water Source: Mont Wtr

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 009-070-011
  • Zoning: Other
  • Lot Size Sq Ft: 146361.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2019
Sold by
Lieff Robert L
Bought by
Lieff Robert L and Lieff Susan L

Purchase Details

Closed on
Feb 7, 2017
Sold by
Lieff Robert L and Lieff Gretchen
Bought by
Lieff Robert L

Purchase Details

Closed on
Nov 4, 2013
Sold by
Lieff Robert L
Bought by
Lieff Robert L and Lieff Gretchen

Purchase Details

Listed on
Jul 9, 2012
Closed on
Jun 29, 2012
Sold by
Lieff Gretchen
Bought by
Lieff Robert L
Seller's Agent
Stephen Slavin
Coldwell Banker Realty
Buyer's Agent
Stephen Slavin
Sotheby's International Realty
List Price
$11,950,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,450,000
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.41%
Original Mortgage
$2,000,000
Interest Rate
3.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 9, 2012
Closed on
Jun 20, 2012
Sold by
Lieff Carole C
Bought by
Lieff Robert L
Seller's Agent
Stephen Slavin
Coldwell Banker Realty
Buyer's Agent
Stephen Slavin
Sotheby's International Realty
List Price
$11,950,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,450,000
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 14, 2010
Sold by
Lieff Carole C
Bought by
Lieff Carole C

Purchase Details

Closed on
Nov 22, 2004
Sold by
Lieff Robert L and Lieff Carole C
Bought by
Lieff Carole C

Purchase Details

Closed on
Feb 18, 2004
Sold by
Cohn John Perry
Bought by
Lieff Robert L and Lieff Carole C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 21, 1999
Sold by
Cohn John P
Bought by
Cohn John Perry

Purchase Details

Closed on
Jul 28, 1995
Sold by
Cohn John P
Bought by
Cohn John P
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer $10,500,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,000,000 Adjustable Rate Mortgage/ARM
Closed $8,000,000 Adjustable Rate Mortgage/ARM
Closed $2,000,000 Credit Line Revolving
Closed $3,000,000 Credit Line Revolving
Closed $5,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $19,500,000 -22.0% $1,822 / Sq Ft
05/16/2025 05/16/25 Price Changed $24,995,000 -12.3% $2,336 / Sq Ft
02/14/2025 02/14/25 Price Changed $28,500,000 -13.6% $2,664 / Sq Ft
01/28/2025 01/28/25 Price Changed $33,000,000 +11.9% $3,084 / Sq Ft
11/22/2024 11/22/24 Price Changed $29,500,000 -10.6% $2,757 / Sq Ft
08/30/2024 08/30/24 For Sale $33,000,000 +214.3% $3,084 / Sq Ft
07/09/2012 07/09/12 Sold $10,500,000 -12.1% $993 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $11,950,000 -- $1,130 / 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
2023 $132,690 $12,427,908 $5,326,246 $7,101,662
2022 $128,119 $12,184,224 $5,221,810 $6,962,414
2021 $125,434 $11,945,319 $5,119,422 $6,825,897
2020 $124,177 $11,822,835 $5,066,929 $6,755,906
2019 $121,154 $11,591,016 $4,967,578 $6,623,438
2018 $118,808 $11,363,742 $4,870,175 $6,493,567
2017 $116,717 $11,140,925 $4,774,682 $6,366,243
2016 $113,198 $10,922,476 $4,681,061 $6,241,415
2014 $109,756 $10,547,670 $4,520,430 $6,027,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-2211

Santa Barbara Multiple Listing Service

APN: 009-070-011