NOT LISTED FOR SALE

3420 Brinkerhoff Ave Santa Ynez, CA 93460

Estimated Value: $16,661,134

9 Beds
11 Baths
13,438 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $21,000,000 $1,563 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $104,527/month

162 Days on Market

Highlights

  • Guest House
  • Barn or Stable
  • Wine Cellar
  • Santa Ynez Elementary School Rated A-
  • Tennis Courts
  • Projection Room

About This Home

As of November 2020

Nestled amongst verdant rolling hills in the prime Santa Ynez Valley, Rancho Latigo offers nearly 4700 acres of pristine bucolic land, a custom-built 14,000SF main residence, published equestrian facilities, 3bedroom guesthouse, helipad, tenniscourt, independent water source, & tremendous possibilities. Featured in Architectural Digest, the lavish main residence built by acclaimed architect David Leavengood features everyamenity imaginable including a wine-cellar, movie theater, gym, wood paneled office, 6 well-appointed en-suite bedrooms, and countless outdoor entertaining areas that surround the enormous swimmer's pool. The show-grade equestrian facilities feature an exquisitely designed & highly-photographed & published 11 stall stable, 10,000SF barn, covered riding arena, and various turnouts. This is a once in a lifetime opportunity to own an incredibly privatetrophyproperty that offers the respite and tranquility of a luxury resort just miles from Los Olivos & Santa Barbara.

Last Agent to Sell the Property

Aaron Kirman

Christie's International Real Estate SoCal License #01296524 Listed on: 06/08/2020

Christie's International Real Estate SoCal

Co-Listed By

Neyshia Go

Sotheby's International Realty License #01933923

Last Buyer's Agent

Non Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $194,329

Year Built

  • Built in 2007

Lot Details

  • 4,674.33 Acre Lot
  • Property is zoned AG-II-100

Property Views

  • Woods
  • Canyon
  • Creek or Stream
  • Mountain
  • Hills
  • Valley

Home Design

  • Colonial Architecture

Interior Spaces

  • 13,438 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Projection Room
  • Home Theater
  • Den
  • Bonus Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Room
  • Oven or Range
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer

Parking

  • 3 Car Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Covered Patio or Porch

Additional Homes

  • Guest House
  • Fireplace in Guest House

Farming

  • Barn or Stable

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Phone System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 133-160-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$194,329

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 13438
  • Lot Acreage: 4674.3300
  • Stories: 3
  • Year Built: 2007
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Guest House, Dining, Master Bedroom
  • Flooring: Hardwood, Mixed
  • Bedrooms: 9
  • Full Bathroom: 9
  • Half Bathroom: 2
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 11.00
  • Den: 1
  • Equipment: Microwave, Dryer, Freezer, Phone System, Refrigerator, Range/Oven, Elevator
  • Price Per S Q F T: 1823.19

Exterior Features

  • Other Features: Balcony
  • Other Structures: Barn/Stable, GuestHouse, Barn(s)
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon, Creek/Stream, Fields, Hills, Mountains, Trees/Woods, Valley
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 3 Car, Garage, Covered Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Water: Private

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 133-160-054
  • Lot Size Area: 203613815

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Dec 4, 2020
Sold by
Rms Rancho Latigo Llc
Bought by
Kp Ranch 3 Llc
Seller's Agent
Aaron Kirman
Christie's International Real Estate SoCal
Buyer's Agent
Non Non Member
List Price
$24,500,000
Sold Price
$21,000,000
Premium/Discount to List
-$3,500,000
-14.29%
Current Estimated Value
$16,661,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,338,866
Avg. Annual Appreciation
-4.62%

Purchase Details

Listed on
Jun 8, 2020
Closed on
Oct 29, 2020
Sold by
Rancho Latlgo Llc
Bought by
Rms Rancho Latigo Llc
Seller's Agent
Aaron Kirman
Christie's International Real Estate SoCal
Buyer's Agent
Non Non Member
List Price
$24,500,000
Sold Price
$21,000,000
Premium/Discount to List
-$3,500,000
-14.29%

Purchase Details

Closed on
Dec 27, 2000
Sold by
Steck Fredric E
Bought by
Rancho Latigo Llc

Purchase Details

Closed on
Dec 22, 2000
Sold by
Moren James R
Bought by
Steck Fredric E

Purchase Details

Closed on
Dec 27, 1999
Sold by
Figueroa Canyon Corp
Bought by
Moren James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Interest Rate
7.68%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Kp Ranch 3 Llc $12,000,000 Chicago Title Company
Rms Rancho Latigo Llc $21,000,000 Chicago Title Company
Rancho Latigo Llc -- Chicago Title
Steck Fredric E -- Chicago Title
Moren James R -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moren James R $11,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $21,000,000 0.0% $1,563 / Sq Ft
10/16/2020 10/16/20 Off Market $21,000,000 -- --
06/08/2020 06/08/20 For Sale $24,500,000 -- $1,823 / Sq Ft
Source: The MLS

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 $194,329 $18,832,970 $6,751,222 $12,081,748
2023 $194,329 $17,878,681 $6,409,281 $11,469,400
2022 $146,404 $13,683,826 $2,438,826 $11,245,000
2021 $143,894 $13,445,206 $2,420,206 $11,025,000
2020 $199,859 $18,745,014 $2,851,810 $15,893,204
2019 $195,294 $18,340,323 $2,758,748 $15,581,575
2018 $191,254 $17,949,640 $2,673,583 $15,276,057
2017 $187,921 $17,601,913 $2,625,384 $14,976,529
2016 $181,587 $17,230,725 $2,547,851 $14,682,874
2014 $175,340 $16,637,526 $2,458,495 $14,179,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-587076

The MLS

APN: 133-160-054