$4,500,000
SOLD MAR 27, 2026
3 Beds
2.5 Baths
2,462 Sq Ft
0.89 Acres Lot

Sale Details

Date Sold: March 27, 2026

$1,828 Per Sq Ft

10% Below List Price

17 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Fruit Trees
  • San Marcos Senior High School Rated A-
  • Custom Home
  • Property is near park, schools, and shops

About This Home

As of March 2026

The custom copper roof sets the tone of this understated sophisticated single level home with grand public spaces and a sublime primary suite wing. The ocean and island views are stunning. This close in location atop Campanil Hill is highly desired. In The custom gardens features numerous fruit trees and a plethora of roses all in custom stone beds and walkways thru the grounds and terraced gardens. This home is offered in its current state awaiting for the new home owner to finish to their own specifications. The Marc Appleton AIA design marries sophisticated style to a stunning view back drop . The Euro kitchen is designed by Reeds and features custom cabinetry and Gaggenau appliances. Lucifer lighting fixtures and systems combined with Skyline custom doors and windows thru out. Main Entertaining areas are designed with a wood floor in a custom Herringbone pattern. This home offers the astute buyer a chance to complete the home and stand amidst similar size or larger estates in the 8-23m range in this highly sought after and rarely available neighborhood

Last Agent to Sell the Property

Timothy Walsh

Village Properties License #00914713 Listed on: 01/29/2026

Last Buyer's Agent

Terence Alemann

Alemann and Associates License #01925020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972 | Under Construction

Lot Details

  • 38,768 Sq Ft Lot
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Drought Tolerant Landscaping

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces

Property Views

  • Ocean
  • Island
  • Panoramic

Home Design

  • Custom Home
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,462 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Concrete Flooring

Kitchen

  • Built-In Electric Oven
  • Built-In Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access
  • Doors are 32 inches wide or more
  • Stepless Entry

Outdoor Features

  • Property is near an ocean
  • Shed

Location

  • Property is near park, schools, and shops
  • City Lot

Schools

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

Utilities

  • Heating Available
  • Underground Utilities
  • Sewer Stub Out

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 047-102-029
  • Seller Concessions Offered
  • Seller Will Consider Concessions

Community Details

Overview

  • Campanil Hill Community
  • 20 Campanil/Yankee Farm Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Year Built

Built in 1972 | Under Construction

Lot Details

0.89 Acres

HOA Fees

$21 per month

Parking

2

Listing Details

  • Directions: Sea Ranch at top turn right and Home a few doors down on the left (upside of the street)
  • Prop. Type: Residential
  • Year Built: 1972
  • Reso Interior Features: Cathedral Ceiling(s)
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Rolling Slope, Sloped Up
  • ResoSecurityFeatures: Other
  • Subdivision Name: 20 - Campanil/Yankee Farm
  • Reso Accessibility Features: Customized Wheelchair Accessible, Wide Doors
  • Architectural Style: Custom Built
  • Reso Flooring: Concrete
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Under Construction
  • Property Information Year Built2: 1972
  • Property Information Apx # Acres: 0.89
  • NeighborhoodSchools Elementary School: Monroe
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • Property Information Main House SqFt: 2462.0
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Location Info Development Name: Campanil Hill
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • View Islands: Yes
  • ParkingGarage Total # Uncovered Spaces: 4.0
  • Style Custom Built: Yes
  • Pets Yes: Yes
  • LocationTopo Upslope2: Yes
  • Handicapped Access Wide Doors2: Yes
  • Appliances Included Built-In Electric Range: Yes
  • FlrWdw Coverings Concrete2: Yes
  • Handicapped Access Wheelchair Access: Yes
  • Property Condition Under Construction: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Fireplace(s) 23: Yes
  • Status Information Seller Concessions3: Yes
  • CondoCO-OPPUD Association Fee2: 250.0
  • CondoCO-OPPUD Association Fee Frequency: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Electric Range, Built-In Electric Oven, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Family Room, Gas
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: Other
  • Roof: Other, Metal
  • View: Islands, Ocean, Panoramic
  • Construction Type: Wood Siding
  • Fencing: Partial
  • Acres: 0.89
  • Topography: Upslope, Rolly, Level
  • Exclusions: Other
  • Exterior Features: Fruit Trees, Yard Irrigation PRT, Drought Tolerant LND
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features: Inside Entrance, Attached

Utilities

  • Heating: Other
  • HeatingYN: Yes
  • Utilities: Underground Utilities
  • Water Source: SB Wtr

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 047-102-029
  • Zoning: Other
  • Lot Size Sq Ft: 38768.4
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2026
Closed on
Mar 24, 2026
Sold by
Rasmussen Alex and Rasmussen Eileen R
Bought by
Jta Raa Llc
Seller's Agent
Timothy Walsh
Village Properties
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$4,995,000
Sold Price
$4,500,000
Premium/Discount to List
-$495,000
-9.91%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
162.13%
Original Mortgage
$4,372,100
Outstanding Balance
$4,372,100
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$488,543

Purchase Details

Closed on
Feb 20, 2001
Sold by
Cameron Alan N and Cameron Diane M
Bought by
Rasmussen Alex D and Rasmussen Eileen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.98%

Purchase Details

Closed on
Jun 21, 1999
Sold by
Cameron Alan S and Cameron Diane M
Bought by
Cameron Alan S and Cameron Diane M

Purchase Details

Closed on
Jun 23, 1998
Sold by
Marc Anders Steven
Bought by
Cameron Alan S and Cameron Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $4,500,000 Fidelity National Title Compan
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,372,100 New Conventional
Previous Owner $1,000,000 No Value Available
Previous Owner $716,000 No Value Available
Closed $252,700 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2026 03/27/26 Sold $4,500,000 -9.9% $1,828 / Sq Ft
02/16/2026 02/16/26 For Sale $4,995,000 0.0% $2,029 / Sq Ft
02/15/2026 02/15/26 Pending -- -- --
01/29/2026 01/29/26 For Sale $4,995,000 -- $2,029 / 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 $25,853 $2,670,054 $1,657,531 $1,012,523
2023 $25,853 $2,399,724 $1,593,168 $806,556
2022 $24,937 $2,352,731 $1,561,930 $790,801
2021 $24,334 $2,303,659 $1,531,304 $772,355
2020 $24,083 $2,280,040 $1,515,603 $764,437
2019 $23,662 $2,235,335 $1,485,886 $749,449
2018 $23,326 $2,191,512 $1,456,751 $734,761
2017 $22,555 $2,148,542 $1,428,188 $720,354
2016 $21,984 $2,106,415 $1,400,185 $706,230
2014 $21,383 $2,034,134 $1,352,138 $681,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 26-299

Santa Barbara Multiple Listing Service

APN: 047-102-029

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