$57,500,000
$10M PRICE DROP

Estimated payment $320,155/month

Total Views 28,581
3 Beds
3.5 Baths
2,514 Sq Ft
$22,872 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • Horses Allowed in Community
  • 4.21 Acre Lot
  • Ocean Front
  • Spa
  • Fruit Trees

About This Home

Incredible new price for a legacy property with a private beach! The final remaining true, large beach estate on the Southern California coast awaits, found directly on famous surf break Loon Point, promising an extraordinary life. Positioned in a celebrity-studded enclave, Rancho Carinoso is a world-class legacy property offering an astounding 4.2 acres of oceanfront allure. The current home is incredibly charming, complementing the property's unmatched beauty. Zoned for up to nine horses, it features a private trail to the horse-friendly beach, where you can ride at any hour. Explore a secluded hiking trail, savor fresh avocado and citrus, and unwind in the spa with panoramic views of the Channel Islands. Close to Rosewood Miramar, Santa Barbara Polo & Racquet Club, and the airport.

Listing Agent

Sally Forster Jones

Compass License #00558939 Listed on: 03/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,769

Year Built

  • Built in 2014

Lot Details

  • 4.21 Acre Lot
  • Ocean Front
  • Fruit Trees
  • Property is zoned E-1

Parking

  • 2 Car Attached Garage
  • 8 Open Parking Spaces

Property Views

  • Ocean
  • Beach
  • Coastline
  • Panoramic
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,514 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • No Heating

Additional Features

  • Spa
  • Additional Residence on Property

Listing and Financial Details

  • Assessor Parcel Number 005-260-016
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,769

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2014
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Waterfront, Oceanfront
  • Architectural Style: Traditional
  • Reso Flooring: Hardwood
  • Reso Other Structures: Second Residence
  • Property Information Year Built2: 2014
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 4.21
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Dining Breakfast Area2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Property Information Apx Lot SqFt: 183388.0
  • GroundsLandscaping Spa - Outside: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • Amenities Horses2: Yes
  • Amenities Second Residence: Yes
  • ParkingGarage Total # Uncovered Spaces: 8.0
  • View Beach2: Yes
  • Laundry In Unit2: Yes
  • LocationTopo Oceanfront2: Yes
  • Architectural Style Traditional: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Dishwasher, Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room

Exterior Features

  • View: Beach, Mountain(s), Coastline, Ocean, Panoramic
  • Acres: 4.21
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: SPA-Outside, Fruit Trees

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 8.0
  • Parking Features: Attached

Utilities

  • Cooling: Other
  • Heating: None
  • Cooling Y N: Yes
  • HeatingYN: No
  • Heating:None7: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 005-260-016
  • Zoning: E-1
  • Lot Size Sq Ft: 183388.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $23,769 $2,156,978 $557,056 $1,599,922
2022 $23,294 $2,114,685 $546,134 $1,568,551
2021 $22,824 $2,073,222 $535,426 $1,537,796
2020 $22,607 $2,051,964 $529,936 $1,522,028
2019 $21,368 $2,011,731 $519,546 $1,492,185
2018 $21,034 $1,972,286 $509,359 $1,462,927
2017 $20,673 $1,933,615 $499,372 $1,434,243
2016 $20,318 $1,895,702 $489,581 $1,406,121
2015 $20,093 $1,867,228 $482,228 $1,385,000
2014 $19,203 $1,860,431 $475,431 $1,385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Price Changed $57,500,000 -14.8% $22,872 / Sq Ft
04/22/2025 04/22/25 Price Changed $67,500,000 +12.6% $26,850 / Sq Ft
04/09/2025 04/09/25 Price Changed $59,950,000 -11.2% $23,846 / Sq Ft
02/06/2025 02/06/25 For Sale $67,500,000 0.0% $26,850 / Sq Ft
12/15/2020 12/15/20 Rented $39,500 0.0% --
11/06/2020 11/06/20 Price Changed $39,500 +33.9% $16 / Sq Ft
06/25/2020 06/25/20 For Rent $29,500 +5.4% --
04/24/2020 04/24/20 Rented $28,000 0.0% --
01/02/2020 01/02/20 For Rent $28,000 -- --
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $15,000 Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Closed $548,000 New Conventional
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1062

Santa Barbara Multiple Listing Service

APN: 005-260-016