$5,918,000
SOLD FEB 26, 2026
5 Beds
3.5 Baths
4,625 Sq Ft
65,340 Sq Ft Lot

Recently Sold

$1,280 Per Sq Ft

15% Below List Price

105 Days on Market

Highlights

  • Ocean View
  • San Marcos Senior High School Rated A-
  • Garage

About This Home

As of February 2026

Perched on a serene 1.5-acre lot with sweeping, ocean views, this 1978 Santa Barbara estate offers over 4,600 sq. ft. of timeless architectural character. With 5 bedrooms and multiple living spaces, the home combines generous scale with abundant natural light throughout. Expansive grounds and outdoor terraces provide the perfect setting for entertaining or simply enjoying the breathtaking Pacific sunrises and sunsets. While the home retains its period charm, it presents an exceptional opportunity for modernization and personalization to create a truly one-of-a-kind coastal retreat. Rarely do homes of this size, location, and privacy come to market—offering the perfect canvas for the discerning buyer to craft their dream estate in one of Santa Barbara's most coveted neighborhoods. Campanil's unique blend of bucolic charm and coastal convenience is unmatched. Once home to small farms and ranches, the neighborhood retains its sense of open space and natural beauty, while being just moments from Arroyo Burro Beach, the Douglas Preserve, and downtown Santa Barbara. This is more than a home it's a private retreat and a visionary opportunity to create a masterpiece residence in one of the city's most exclusive enclaves.

Last Agent to Sell the Property

Erin Muslera

Compass License #01978464 Listed on: 10/14/2025

Compass

Last Buyer's Agent

Ali Evans

Berkshire Hathaway HomeServices California Properties License #01846603

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 1.5 Acre Lot
  • Property is zoned A-1

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • Garage

Property Views

  • Ocean
  • Beach
  • Island
  • Panoramic
  • Woods
  • Park or Greenbelt

Home Design

  • 4,625 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Monroe Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Community Details

  • Campanil Community
  • 20 Campanil/Yankee Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047-110-002
  • Seller Concessions Offered
  • Seller Will Consider Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

1.5 Acres

HOA Fees

$5 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1978
  • ResoPoolFeatures: Outdoor Pool
  • Reso Property Sub Type: Home/Estate
  • Subdivision Name: 20 - Campanil/Yankee Farm
  • Property Information Year Built2: 1978
  • Property Information Apx # Acres: 1.5
  • NeighborhoodSchools Elementary School: Monroe
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • View Setting2: Yes
  • View Wooded3: Yes
  • Location Info Development Name: Campanil
  • ViewOcean: Yes
  • View Green Belt2: Yes
  • View Islands: Yes
  • View Beach2: Yes
  • ParkingGarage Gar #4: Yes
  • Status Information Seller Concessions3: Yes
  • CondoCO-OPPUD Association Fee2: 65.0
  • CondoCO-OPPUD Association Fee Frequency: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • View: Park/Greenbelt, Beach, Islands, Ocean, Setting, Wooded, Panoramic
  • Acres: 1.5

Utilities

  • Water Source: SB Wtr

Condo/Co-op/Association

  • Association Fee: 65.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Monroe
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 047-110-002
  • Zoning: A-1
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2025
Closed on
Feb 20, 2026
Sold by
Luan Diana M and James Luan Irrevocable Trust
Bought by
Mlmkk Trust and Horwat
Seller's Agent
Erin Muslera
Compass
Buyer's Agent
Ali Evans
Berkshire Hathaway HomeServices California Properties
List Price
$6,988,000
Sold Price
$5,918,000
Premium/Discount to List
-$1,070,000
-15.31%
Views
139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
231.74%
Original Mortgage
$4,734,400
Outstanding Balance
$4,734,400
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,701,822

Purchase Details

Closed on
Feb 12, 2021
Sold by
Luan Barbara T F and The Luan Family Revocable Trus
Bought by
Luan Barbara T F and The James Luan Irrevocable Tru

Purchase Details

Closed on
Feb 19, 2016
Sold by
Luan Family Revocable Trust
Bought by
The Luan Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1999
Sold by
Luan Lawrence L and Luan Barbara T F
Bought by
Luan Lawrence L and Luan Barbara T F

Purchase Details

Closed on
Jul 16, 1998
Sold by
Luan James L
Bought by
Luan Lawrence L and Luan James Leon

Purchase Details

Closed on
Dec 20, 1993
Sold by
Luan Lawrence L and Luan Barbara T F
Bought by
Luan Lawrence L and Luan Barbara

Purchase Details

Closed on
Dec 30, 1992
Sold by
Luan Lawrence L and Luan Barbara
Bought by
Luan Diana M and Luan James L

Purchase Details

Closed on
Mar 11, 1988
Sold by
Luan Lawrence L and Luan Barbara T F
Bought by
Luan Diana Marie

Purchase Details

Closed on
Dec 4, 1987
Sold by
Luan Lawrence L and Luan Barbara T F
Bought by
Luan Diana Marie

Purchase Details

Closed on
Dec 24, 1986
Sold by
Luan Lawrence L and Luan Barbara T F
Bought by
Luan Diana Marie
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 Type Sale Price Title Company
Grant Deed $5,918,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Stewart Title
Grant Deed -- --
Grant Deed -- --
Grant Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,734,400 New Conventional
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2026 02/26/26 Sold $5,918,000 -8.8% $1,280 / Sq Ft
01/27/2026 01/27/26 Pending -- -- --
11/17/2025 11/17/25 Price Changed $6,488,000 -7.2% $1,403 / Sq Ft
10/14/2025 10/14/25 For Sale $6,988,000 -- $1,511 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $7,301 $699,350 $229,879 $469,471
2023 $7,301 $672,195 $220,953 $451,242
2022 $7,044 $659,016 $216,621 $442,395
2021 $6,807 $646,095 $212,374 $433,721
2020 $6,736 $639,471 $210,197 $429,274
2019 $6,617 $626,933 $206,076 $420,857
2018 $6,522 $614,641 $202,036 $412,605
2017 $6,305 $602,590 $198,075 $404,515
2016 $6,211 $590,776 $194,192 $396,584
2015 $6,143 $581,903 $191,276 $390,627
2014 $6,042 $570,506 $187,530 $382,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-3817

Santa Barbara Multiple Listing Service

APN: 047-110-002

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