NOT LISTED FOR SALE

395 Asegra Rd Summerland, CA 93067

Estimated Value: $2,938,000 - $11,396,320

3 Beds
5.5 Baths
1,696 Sq Ft
$4,260/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $8,550,000 $5,041 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $46,282/month

69 Days on Market

Highlights

  • Additional Residence on Property
  • Horse Facilities
  • Updated Kitchen
  • Ocean View
  • Barn
  • 4.98 Acre Lot

About This Home

As of October 2020

Captivatingly beautiful and showcasing surreal panoramic views of the ocean, white water coastline, and Santa Ynez mountains, Hummingbird Rock Ranch awaits; a serene haven tucked quietly atop a knoll in the coastal community of Summerland. Designed with an elevated interpretation of the indoor-outdoor lifestyle in mind, and fostering a highly versatile footprint, this magical estate hosts three legal residences, each its own private oasis. There is a Balinese-inspired main residence with detached studio, a whimsical ranch-style guest house, and a 5-stall barn with attached guest cottage and private office, conveniently located adjacent to the estate's existing horse corral. The stunning grounds are sustained by a private well, 15,000 gallons of storage and Desalitech RO water purification system.

Multiple residences allow for a wealth of possibilities; including an equestrian estate, family compound or enjoy as a spiritual retreat. Each of the residences have been meticulously renovated, incorporating designer finishes and luxurious yet practical details. The grounds are truly one-of-a-kind, with thriving fruit trees, vibrant rose gardens, a towering bamboo forest and emerald lawns overlooking the coastline from Santa Barbara to the white water views of Carpinteria and beyond. The infrastucture has been thoughtfully designed and established, including underground utilities, commercial-grade generators, and a commercial-grade irrigation system. This enchanting estate offers utmost privacy and tranquility, yet is conveniently located within minutes to charming Summerland, Montecito, Carpinteria, the world-renowned Santa Barbara Polo Club and approximately 15 minutes to the Santa Barbara airport with private and commercial aviation.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 06/22/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $95,240

Year Built

  • Built in 1976

Lot Details

  • 4.98 Acre Lot
  • Gated Home
  • Fruit Trees
  • Lawn

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • Mountain

Home Design

  • Ranch Style House

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Living Room with Fireplace
  • Home Office
  • Loft
  • Updated Kitchen

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters

Outdoor Features

  • Covered patio or porch
  • Shed
  • Built-In Barbecue

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating System
  • Septic System

Additional Features

  • Additional Residence on Property
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 005-030-036

Community Details

Overview

  • 3 Units

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$95,240

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Home/Estate
  • ResoSecurityFeatures: Gate:Elec
  • Architectural Style: Other, Ranch
  • Reso Flooring: Wood, Tile
  • Property Information Year Built2: 1976
  • Property Information Total #Units: 3
  • Property Information Apx # Acres: 4.98
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Tile3: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Office3: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Horse Facility2: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Barn2: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • Amenities Second Residence: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View Harbor2: Yes
  • View Other27: Yes
  • Rooms Loft2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • View: Other, Mountain(s), Ocean, Setting, Harbor, Panoramic
  • Acres: 4.98
  • Exterior Features: Other, Patio Open, Patio Covered, Horse Facility, Lawn, Fruit Trees

Utilities

  • Heating: Forced Air, Radiant Floor
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: Yes

Association/Amenities

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

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-030-036
  • Zoning: Other
  • Lot Size Sq Ft: 216928.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Oct 7, 2020
Sold by
Humming Bird Rock Ranch Investments Llc
Bought by
Castell Mark J
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$9,988,000
Sold Price
$8,550,000
Premium/Discount to List
-$1,438,000
-14.4%
Total Days on Market
69
Current Estimated Value
$7,225,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,324,560
Avg. Annual Appreciation
-3.56%

Purchase Details

Listed on
Jun 22, 2020
Closed on
Oct 2, 2020
Sold by
Schoellkopf George E
Bought by
Hummingbird Rock Ranch Investments Llc
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$9,988,000
Sold Price
$8,550,000
Premium/Discount to List
-$1,438,000
-14.4%

Purchase Details

Listed on
Jun 22, 2020
Closed on
Oct 1, 2020
Sold by
Rosenbaum Daniel and Rosenbaum Kristen
Bought by
Hummingbird Rock Ranch Investments Llc
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$9,988,000
Sold Price
$8,550,000
Premium/Discount to List
-$1,438,000
-14.4%

Purchase Details

Listed on
Jun 22, 2020
Closed on
Sep 28, 2020
Sold by
Doshay Glenn R and Doshay Karen E
Bought by
Hummingbird Rock Ranch Investments Llc
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$9,988,000
Sold Price
$8,550,000
Premium/Discount to List
-$1,438,000
-14.4%

Purchase Details

Closed on
Feb 22, 2012
Sold by
Humming Bird Rock Ranch Investments Llc
Bought by
Hummingbird Rock Ranch Investments Llc

Purchase Details

Closed on
Oct 4, 2011
Sold by
Forest Susannah E
Bought by
Humming Bird Rock Ranch Investments Llc

Purchase Details

Closed on
Apr 4, 2011
Sold by
Nathan Diane Siegelman
Bought by
Forest Susannah E

Purchase Details

Closed on
May 23, 2005
Sold by
Nathan John W
Bought by
Nathan Diane Siegelman

Purchase Details

Closed on
Jul 31, 2003
Sold by
Nathan John W and Nathan Diane Siegelman
Bought by
Nathan Diane Siegelman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 23, 2002
Sold by
Kassoy Arnold
Bought by
Nathan John W and Nathan Diane Siegelman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Castell Mark J $8,550,000 Chicago Title Company
Hummingbird Rock Ranch Investments Llc -- Chicago Title
Hummingbird Rock Ranch Investments Llc -- Chicago Title
Hummingbird Rock Ranch Investments Llc -- Chicago Title
Hummingbird Rock Ranch Investments Llc -- None Available
Humming Bird Rock Ranch Investments Llc -- None Available
Forest Susannah E $4,750,000 Fidelity National Title Co
Nathan Diane Siegelman -- --
Nathan Diane Siegelman -- --
Nathan John W -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Humming Bird Rock Ranch Investments Llc $1,000,000
Previous Owner Nathan Diane Siegelman $2,450,000
Previous Owner The Diana Siegelman Nathan Living Trust $2,200,000
Previous Owner Nathan John W $1,118,000
Previous Owner Nathan John W $250,000
Previous Owner Nathan John W $1,100,000
Previous Owner Nathan John W $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $8,550,000 -14.4% $5,041 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $9,988,000 -- $5,889 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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
2023 $95,240 $8,895,420 $7,803,000 $1,092,420
2022 $92,015 $8,721,000 $7,650,000 $1,071,000
2021 $90,093 $8,550,000 $7,500,000 $1,050,000
2020 $58,732 $5,564,497 $4,978,764 $585,733
2019 $57,583 $5,455,391 $4,881,142 $574,249
2018 $56,681 $5,348,424 $4,785,434 $562,990
2017 $55,705 $5,243,553 $4,691,602 $551,951
2016 $54,123 $5,082,000 $4,389,000 $693,000
2014 $45,137 $4,400,000 $3,800,000 $600,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2307

Santa Barbara Multiple Listing Service

APN: 005-030-036