NOT LISTED FOR SALE

Estimated Value: $4,160,000

4 Beds
4 Baths
2,338 Sq Ft
$1,779/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $12,000,000 $5,133 Per Sq Ft

Current estimated payment $26,389/month

172 Days on Market

Highlights

  • Ocean Front
  • 0.68 Acre Lot
  • Cathedral Ceiling
  • Guest House
  • Maid or Guest Quarters
  • Lawn

About This Home

As of June 2014

Unsurpassed ocean and island views are enjoyed from this exceptionally beautiful property in Padaro Lane’s best beachfront location on the gentle knoll, which offers total privacy, protection from wave damage and easy beach access. The bright and airy South facing 2 bedroom/2 bath main residence has open beam wood ceilings, a spacious living room with stone fireplace and beachfront master suite. Family and friends will delight in the ocean view guest apartment with seaside deck, detached guest suite and separate office/bedroom. The gated and beautifully landscaped lot offers a vast 83a€TM of beach frontage and totals 0.68 acres. This property can be enjoyed as is, or would be an ideal parcel on which to build a dream home on Santa Barbaraa€TMs best beach.

Last Agent to Sell the Property

Kathleen Hurley Winter Real Estate

Berkshire Hathaway HomeServices California Properties License #01022891 Listed on: 12/02/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kathleen Hurley Winter Real Estate

Berkshire Hathaway HomeServices California Properties License #01022891 Listed on: 12/02/2013

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 29,620 Sq Ft Lot
  • Lot Dimensions are 83' x 357'
  • Ocean Front
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

Property Views

  • Ocean
  • Beach
  • Panoramic
  • Mountain

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Home Security System

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Parking

  • Detached Garage
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Patio

Schools

  • Cla Elementary And Middle School
  • Cla High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Sewer Stub Out

Additional Features

  • Guest House
  • Property is near shops

Community Details

  • 2 Units
  • 05 Padaro Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-400-007

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0.68 Acres

Listing Details

  • Directions: Highway 101 to Padaro Lane offramp. Head toward the beach!
  • Prop. Type: Residential
  • Year Built: 1967
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLotFeatures: Level, Waterfront, Oceanfront
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Subdivision Name: 05 - Padaro
  • Architectural Style: Cal Cottage
  • Reso Flooring: Carpet, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1967
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.68
  • NeighborhoodSchools Elementary School: CLA
  • NeighborhoodSchools Junior High School: CLA
  • NeighborhoodSchools High School: CLA
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Gas8: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 29620.0
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • View Beach2: Yes
  • Property Information Apx Lot Size FxD: 83' x 357'
  • LocationTopo Oceanfront2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Stove, Microwave
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas, LR

Exterior Features

  • Roof: Composition
  • View: Beach, Mountain(s), Ocean, Panoramic
  • Construction Type: Wood Siding
  • Acres: 0.68
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Patio Open, Lawn, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #4, Detached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Carp Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 005-400-007
  • Zoning: Other
  • Lot Size Sq Ft: 29620.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Sorkin-Lloyd Revocable Trust and Lloyd Christopher
Bought by
A Sorkin Marital Trust and Sorkin-Lloyd Revocable Trust
Current Estimated Value
$4,160,000

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jun 12, 2014
Sold by
Johnson Bradley W
Bought by
Sorkin Lloyd Revocable Trust and Lloyd Christopher
Seller's Agent
Kathleen Hurley Winter Real Estate
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kathleen Hurley Winter Real Estate
Berkshire Hathaway HomeServices California Properties
List Price
$14,500,000
Sold Price
$12,000,000
Premium/Discount to List
-$2,500,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.60%

Purchase Details

Closed on
Apr 16, 2013
Sold by
Barbakow Jeffrey Charles and Barbakow Margo Baker
Bought by
Johnson Bradley W

Purchase Details

Closed on
Oct 1, 2001
Sold by
Barbakow Jeffrey Charles and Barbakow Margo Baker
Bought by
Barbakow Jeffrey Charles and Barbakow Margo Baker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 7, 2000
Sold by
Saunders Nancy Leeds Hunting
Bought by
Barbakow Jeffrey Charles and Barbakow Margo Banker

Purchase Details

Closed on
Dec 21, 1995
Sold by
Hunting Edgar H
Bought by
Hunting Edgar H and Saunders Nancy Leeds Hunting
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
A Sorkin Marital Trust -- None Listed On Document
Sorkin Lloyd Revocable Trust $12,000,000 Chicago Title Company
Johnson Bradley W -- None Available
Barbakow Jeffrey Charles -- Fidelity National Title Co
Barbakow Jeffrey Charles -- Lawyers Title Company
Hunting Edgar H -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barbakow Jeffrey Charles $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $12,000,000 -17.2% $5,133 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $14,500,000 -- $6,202 / 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 $216,859 $21,041,833 $14,571,826 $6,470,007
2024 $216,859 $20,629,249 $14,286,104 $6,343,145
2023 $216,859 $20,224,755 $14,005,985 $6,218,770
2022 $209,516 $19,828,192 $13,731,358 $6,096,834
2021 $205,108 $19,439,405 $13,462,116 $5,977,289
2020 $203,057 $19,240,079 $13,324,079 $5,916,000
2019 $186,234 $17,642,823 $13,032,823 $4,610,000
2018 $135,721 $12,790,415 $12,120,415 $670,000
2017 $134,798 $12,674,944 $11,882,760 $792,184
2016 $132,471 $12,426,416 $11,649,765 $776,651
2015 $131,001 $12,239,760 $11,474,775 $764,985
2014 $57,204 $5,541,314 $4,764,451 $776,863
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-3692

Santa Barbara Multiple Listing Service

APN: 005-400-007

Your Personal Tour Guide

Ask me questions while you tour the home.