RENTED AUG 25, 2025

Estimated Value: $3,144,000 - $3,667,000

3 Beds
3 Baths
2,300 Sq Ft
$1,476/Sq Ft Est. Value

Highlights

  • Art Studio
  • Property is near an ocean
  • Mountain View
  • Cold Spring Elementary School Rated A+
  • Updated Kitchen
  • Contemporary Architecture

About This Home

As of August 2025

A contemporary reimagining of classic California ranch-style living, 3155 Eucalyptus Hill blends timeless elegance with modern comforts. Fully remodeled in 2024, set on +/- 1 acre the home spans approximately 2,300 square feet and features 3 bedrooms, 3 bathrooms, plus a dedicated office.

Originally taken down to the studs and rebuilt in 2012, the property was thoughtfully expanded to include a voluminous primary suite, an inviting family room, and a versatile modern workshop/studio could also be used as a 4th bedroom. Set on roughly one acre and perfectly positioned to capture breathtaking mountain views over the treetops of Lotusland, this beautifully updated residence offers a rare combination of tranquility, privacy, and convenience within walking distance to Cold Spring School and just minutes from Coast Village Road and downtown Santa Barbara.

Recent upgrades enhance both style and functionality, including all-new Wolf and Sub-Zero appliances, a new washer and dryer, oak wood floors, custom walnut cabinetry, fresh paint inside and out, and professionally designed, drought-resistant landscaping with a top-tier irrigation system.

Please note that the 'owner is licensee'

* The square footage and bed/bath count are incorrect in the CRS tax record.

Last Agent to Rent the Property

Emily Kellenberger

Village Properties License #01397913 | 02047418 | 02133758 | 02150975 Listed on: 05/05/2025

Last Renter's Agent

Emily Kellenberger

Village Properties License #01397913 | 02047418 | 02133758 | 02150975 Listed on: 05/05/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • Back Yard Fenced
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,300 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Art Studio
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Patio

Additional Features

  • Stepless Entry
  • Property is near schools, shops, and bus stop
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/1/25
  • Assessor Parcel Number 013-180-008

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • NumberUnfurnished: Fully Furnished, Unfurnished
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Combo
  • Architectural Style: Contemporary
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs)
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2025-07-01
  • Property Information Total Bathrooms2: 3.0
  • View Mountain(s): Yes
  • View Setting: Yes
  • GroundsLandscaping Fenced Back: Yes
  • Dining Dining Area: Yes
  • Appliances Included Gas Range: Yes
  • Fireplace(s) Living Room: Yes
  • HeatingCooling Ceiling Fan(s)2: Yes
  • Furnishings Fully Furnished: Yes
  • Property Information Year Built3: 1957
  • ParkingGarage Gar #23: Yes
  • GroundsLandscaping Patio Open: Yes
  • Proximity Near Ocean: Yes
  • Proximity Near School(s): Yes
  • Proximity Near Shopping: Yes
  • Security Fire Alarm: Yes
  • HeatingCooling GFA2: Yes
  • Rooms Ground Floor Bedroom: Yes
  • Amenities Dual Pane Window: Yes
  • Amenities Remodeled Bath: Yes
  • Amenities Remodeled Kitchen: Yes
  • FlrWdw Coverings Tile: Yes
  • Proximity Near Bus2: Yes
  • Construction Entry Lvl(No Stairs): Yes
  • HeatingCooling AC Central: Yes
  • Pets Maybe: Yes
  • FlrWdw Coverings Hardwood: Yes
  • GroundsLandscaping Lawn: Yes
  • Rooms Art Studio: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances: Gas Range, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Appliances Included:Dryer: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • View: Mountain(s), Setting
  • Exterior Features: Fenced Back, Lawn, Patio Open

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2
  • Laundry:In Garage: Yes

Utilities

  • Heating: GFA, Ceiling Fan(s)
  • HeatingYN: Yes

Association/Amenities

  • Interior Amenities:Pantry: Yes

Lot Info

  • Parcel #: 013-180-008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2011
Sold by
Bolduc Claudia C
Bought by
Galkin Derek and Galkin Jenna
Current Estimated Value
$3,395,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$563,533
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,832,149
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
Galkin Derek $1,054,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galkin Derek $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2025 08/25/25 Rented -- -- --
06/02/2025 06/02/25 Price Changed $21,000 -16.0% $9 / Sq Ft
05/05/2025 05/05/25 For Rent $25,000 -- --
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 $17,450 $1,555,046 $1,035,874 $519,172
2023 $17,450 $1,494,663 $995,650 $499,013
2022 $16,875 $1,465,357 $976,128 $489,229
2021 $16,545 $1,436,626 $956,989 $479,637
2020 $16,284 $1,421,896 $947,177 $474,719
2019 $16,072 $1,391,664 $918,801 $472,863
2018 $15,082 $1,296,927 $900,786 $396,141
2017 $14,137 $1,212,677 $883,124 $329,553
2016 $13,702 $1,188,900 $865,808 $323,092
2014 $13,167 $1,148,104 $836,098 $312,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1772

Santa Barbara Multiple Listing Service

APN: 013-180-008