Seller's Agent in 2020
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
(805) 450-6233
6 in this area
243 Total Sales
365 El Cielito Rd Santa Barbara, CA 93105
Cielito NeighborhoodEstimated Value: $4,867,000 - $12,542,290
5
Beds
8
Baths
7,484
Sq Ft
$1,070/Sq Ft
Est. Value
Highlights
- Ocean View
- Spa
- Updated Kitchen
- Santa Barbara Senior High School Rated A-
- Solar Power System
- 2.26 Acre Lot
About This Home
As of February 2020ARCHITECTURAL & BOTANICAL PARADISE – a true work of art. This masterfully renovated 5BD/8BA estate w/ infinite ocean, island, mountain and coastal views will open your heart & truly connect you to your soul. The Japanese mid-century modern residence is infused w/the tranquil energy of nature & a sophisticated spirit. On 2.26 acres, the gated, resort-like compound is completely unique. The inspired residence transcends you to another realm using materials & fixtures from Germany, Amsterdam & Italy. Wander the romantic creekside paths, over bridges, past ponds, native boulders, a bamboo forest, citrus trees & succulent, cactus & sculpture gardens to find new inspiration @ every turn. With unparalleled vision & exemplary craftsmanship, the residence delivers the ultimate lifestyle experience. Privacy abounds throughout the entire property. The master suite occupies its own wing of the main residence surrounded by terraces offering endless ocean views, a copper Japanese soaking tub and fire pits for cool evenings al fresco.
Blending artistic vision with practical conveniences, the kitchen is bordered by a wall of glass that opens to a magnificent rock garden and stone terraces. Every room has been thoughtfully envisioned and designed to weave a cohesive story throughout the home - one that is filled with love. The dramatic living and dining rooms (indoor and outdoor) anchor the center of the residence offering expansive and peaceful views of Santa Barbara.
Completing the main living area of the residence is an ocean-view office, meditation room with en suite bathroom, an 800-bottle temperature-controlled wine room and the ultimate family/media room - with floor to ceiling windows and doors offering views of the magnificent exterior gardens.
Three guest suites occupy their own wing of the house with a separate entrance, each with their own en suite bathroom, sitting area and private garden.
The largest guest suite could easily be a guest house on its own with a living room, wood-burning fireplace and kitchenette. Two additional guest suites offer vignettes of the gardens and architecture from every window.
Experience 365 days of Heaven on earth at 365 El Cielito Road and begin living life at the next level.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 08/26/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $86,286
Year Built
- Built in 1953
Lot Details
- 2.26 Acre Lot
- Gated Home
- Level Lot
- Hilly Lot
- Fruit Trees
- Wooded Lot
- Lawn
- Property is in excellent condition
- Property is zoned E-1
Property Views
- Ocean
- Harbor
- Panoramic
- City
- Woods
- Mountain
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Wood Siding
- Stucco
Interior Spaces
- 7,484 Sq Ft Home
- 2-Story Property
- Wet Bar
- Skylights
- Multiple Fireplaces
- Free Standing Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Home Security System
Kitchen
- Updated Kitchen
- Built-In Double Oven
- Microwave
- Dishwasher
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Remodeled Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- 7 Open Parking Spaces
- 2 Carport Spaces
Pool
- Spa
- Outdoor Pool
Location
- Property is near a park
- City Lot
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Well
- Sewer Stub Out
Additional Features
- Solar Power System
- Enclosed Patio or Porch
Listing and Financial Details
- Assessor Parcel Number 021-082-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2019
Closed on
Jan 30, 2020
Sold by
Wailea Inn Ei Cielito Llc
Bought by
365 El Cielito Llc
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Colleen Beall
Compass
List Price
$8,950,000
Sold Price
$7,600,000
Premium/Discount to List
-$1,350,000
-15.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,763
Avg. Annual Appreciation
2.66%
Original Mortgage
$4,560,000
Outstanding Balance
$4,020,280
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$4,777,909
Purchase Details
Closed on
Sep 21, 2018
Sold by
Wailea Inn Llc
Bought by
Wailea Inn El Cielito Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Oct 25, 2017
Closed on
Jan 11, 2018
Sold by
Chadwick Michael G A
Bought by
Wailea Llc
Seller's Agent
Susan Conger
Sotheby's International Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$3,995,000
Sold Price
$3,500,000
Premium/Discount to List
-$495,000
-12.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$1,728,000
Interest Rate
3.93%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 25, 2010
Sold by
Chadwick Michael G A and Chadwick Helen M
Bought by
Chadwick Michael G A and Chadwick Helen M
Purchase Details
Closed on
Dec 21, 1995
Sold by
Scheinfeld James D
Bought by
Chadwick Michael G A and Chadwick Helen M
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
6.5%
Purchase Details
Closed on
Nov 27, 1995
Sold by
Scheinfeld James D
Bought by
Kahn Gerald J and Scheinfeld James D
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
6.5%
Purchase Details
Closed on
Oct 17, 1994
Sold by
Scheinfeld Mary Kathleen
Bought by
Scheinfeld James D
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 365 El Cielito Llc | $7,600,000 | Chicago Title Company | |
| Wailea Inn El Cielito Llc | -- | Equity Title | |
| Wailea Llc | $3,500,000 | Chicago Title Co | |
| Chadwick Michael G A | -- | None Available | |
| Chadwick Michael G A | -- | Chicago Title Co | |
| Kahn Gerald J | -- | -- | |
| Scheinfeld James D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 365 El Cielito Llc | $4,560,000 | |
| Previous Owner | Wailea Inn El Cielito Llc | $3,200,000 | |
| Previous Owner | Wailea Inn Llc | $2,000,000 | |
| Previous Owner | Wailea Llc | $1,728,000 | |
| Previous Owner | Walilea Inn Llc | $0 | |
| Previous Owner | Wailea Inn Llc | $1,728,000 | |
| Previous Owner | Chadwick Helen M | $400,000 | |
| Previous Owner | Chadwick Michael G A | $1,100,000 | |
| Previous Owner | Chadwick Michael G A | $900,000 | |
| Previous Owner | Chadwick Michael G A | $1,000,000 | |
| Closed | Wailea Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2020 02/05/20 | Sold | $7,600,000 | -15.1% | $1,015 / Sq Ft |
| 01/16/2020 01/16/20 | Pending | -- | -- | -- |
| 08/26/2019 08/26/19 | For Sale | $8,950,000 | +155.7% | $1,196 / Sq Ft |
| 01/18/2018 01/18/18 | Sold | $3,500,000 | -12.4% | $484 / Sq Ft |
| 01/17/2018 01/17/18 | Pending | -- | -- | -- |
| 10/25/2017 10/25/17 | For Sale | $3,995,000 | -- | $553 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $86,286 | $8,311,708 | $2,515,385 | $5,796,323 |
| 2023 | $86,286 | $7,988,956 | $2,417,710 | $5,571,246 |
| 2022 | $83,268 | $7,832,310 | $2,370,304 | $5,462,006 |
| 2021 | $81,365 | $7,678,736 | $2,323,828 | $5,354,908 |
| 2020 | $39,201 | $3,692,400 | $1,690,650 | $2,001,750 |
| 2019 | $38,517 | $3,620,000 | $1,657,500 | $1,962,500 |
| 2018 | $37,438 | $3,498,980 | $1,623,025 | $1,875,955 |
| 2017 | $36,202 | $3,430,373 | $1,591,201 | $1,839,172 |
| 2016 | $35,233 | $3,363,111 | $1,560,001 | $1,803,110 |
| 2014 | $34,272 | $3,247,707 | $1,506,470 | $1,741,237 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Kogevinas
-
Colleen Beall
Buyer's Agent in 2020
Colleen Beall
Compass
(805) 253-7700
4 in this area
32 Total Sales
-
Susan Conger
S
Seller's Agent in 2018
Susan Conger
Sotheby's International Realty
12 Total Sales
-
Barbara Koutnik
B
Seller Co-Listing Agent in 2018
Barbara Koutnik
Sotheby's International Realty
(805) 689-3015
14 Total Sales
-
N
Buyer's Agent in 2018
Non Member Agent
Non Member Office
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 19-3007
APN: 021-082-005
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