NOT LISTED FOR SALE

40 Castanea Ridge Rd La Honda, CA 94020

Estimated Value: $2,154,000 - $3,640,603

3 Beds
3 Baths
3,000 Sq Ft
$998/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $2,200,000 $733 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $18,972/month

117 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Wine Refrigerator
  • Wine Cellar
  • High Ceiling
  • Double Oven

About This Home

As of December 2016

Just south of Page Mill Rd on Skyline (100 yards from Palo Alto) sits this private 5-acre knoll-top estate along the highest ridge of the Santa Cruz Mountains at the junction of three Counties overlooking green valleys, the Ocean and surrounded by open space is a once in a lifetime opportunity to acquire this custom Modern European home near the vivacity of Silicon Valley that feels a world away with forever views, access to miles of hiking and horse trails from your doorstep. With a 150+ producing olive grove, owners have been pressing their own olive oil for several years.Designed to take full advantage of the environment yet with limited impact on it (high green rating). Every room has 11 foot ceilings with walls of glass opening to the outdoors through floor to ceiling steel windows overlooking the protected green-space, ocean and the Santa Cruz mountain range. Indoor, outdoor lines are blurred with the use of Texas Limestone inside and out. Close to Thomas Fogarty Winery.

Last Agent to Sell the Property

Art Sharif

Sotheby's Intl Rlty License #01481940 Listed on: 07/30/2016

Sotheby's Intl Rlty

Last Buyer's Agent

Janice Woods

Compass License #00816718

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,222

Year Built

  • Built in 2015

Lot Details

  • 5 Acre Lot
  • Partially Fenced Property
  • Lot Sloped Up
  • Sprinklers on Timer

Property Views

  • Ocean
  • Ridge
  • Mountain
  • Forest
  • Valley
  • Garden

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stone

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Wine Cellar
  • Separate Family Room
  • Combination Dining and Living Room
  • Stone Flooring

Kitchen

  • Double Oven
  • Gas Oven
  • Warming Drawer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System
  • Separate Meters
  • Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 080-410-170

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,222

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Modern / High Tech
  • Property Condition: Built / Remodeled Green
  • Age: 1
  • Listing Class: Residential
  • Structure Sq Ft: 3000
  • Incorporated: Yes
  • Year Built: 2015
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Other, Dishwasher, Exhaust Fan, Island, Oven - Double, Oven - Gas, Pantry Cabinet, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 3000
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Stone
  • Additional Rooms: Wine Cellar / Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Metal
  • View: Forest / Woods, Garden / Greenbelt, Mountains, Ocean, Ridge, Valley
  • Yard/Grounds: Fenced, Sprinklers - Auto
  • Horse Property: Possible
  • Fencing: Partial Fencing
  • Horse Property Description: Fenced
  • Construction Type: Metal, Stone, Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 080-410-170
  • Lot Acres: 5.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 217800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 217800.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Orr Ryan and Spencer Maegan
Bought by
Orr Ryan and Spencer Maegan
Current Estimated Value
$2,994,901

Purchase Details

Listed on
Jul 30, 2016
Closed on
Dec 20, 2016
Sold by
Hall Keith and Poirier Laurence
Bought by
Orr Ryan and Spencer Maegan
Seller's Agent
Art Sharif
Sotheby's Intl Rlty
Buyer's Agent
Janice Woods
Compass
List Price
$2,600,000
Sold Price
$2,200,000
Premium/Discount to List
-$400,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$1,760,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2007
Sold by
Cecil Robert D
Bought by
Hall Keith and Poirier Laurence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.6%
Mortgage Type
Negative Amortization
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
Orr Ryan -- None Listed On Document
Orr Ryan $2,200,000 Lawyers Title Company
Hall Keith $536,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orr Ryan $1,760,000
Previous Owner Hall Keith $825,000
Previous Owner Poirier Laurence $818,000
Previous Owner Hall Keith $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2016 12/23/16 Sold $2,200,000 -11.1% $733 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
10/07/2016 10/07/16 Price Changed $2,475,000 -4.8% $825 / Sq Ft
07/30/2016 07/30/16 For Sale $2,600,000 -- $867 / Sq Ft
Source: MLSListings

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 $32,222 $2,922,862 $1,508,759 $1,414,103
2023 $32,222 $2,751,367 $1,450,173 $1,301,194
2022 $32,655 $3,025,852 $1,421,739 $1,604,113
2021 $26,835 $2,476,327 $1,393,862 $1,082,465
2020 $26,481 $2,450,937 $1,379,570 $1,071,367
2019 $26,125 $2,402,880 $1,352,520 $1,050,360
2018 $24,229 $2,244,000 $1,326,000 $918,000
2017 $23,639 $2,200,000 $1,300,000 $900,000
2016 $11,589 $1,051,905 $606,628 $445,277
2015 $10,718 $988,000 $550,000 $438,000
2014 $8,497 $780,000 $350,000 $430,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81597767

MLSListings

APN: 080-410-170