NOT LISTED FOR SALE

400 Asegra Rd Summerland, CA 93067

Estimated Value: $1,722,000 - $10,659,499

19 Acres
$327,207 Price per Acre
824,155 Sq Ft Lot

Last Sold December 31, 2019

Last sale price $7,000,000 $6,470 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $44,061/month

137 Days on Market

Highlights

  • White Water Ocean Views
  • 824,155 Sq Ft lot
  • Horse Property Improved
  • Horse Property

About This Lot

As of December 2019

Beautiful 18.9 +/- acres at the top of Summerland. Summerland, a very quaint seaside town at the eastern side of Montecito. In the past, this property was utilized as a practice polo field with some residential structures along with some horse facilities. On site now is a 2 bedroom/2 bath home designed in the style of the San Ysidro Ranch with free standing 2 car garage. The home and its patio enjoy beautiful, white water ocean views and a sense of complete privacy. It is surrounded by large properties which are comprised of estate homes built within extensive avocado ranches. Access trails which are part of the Montecito Trails network. Property has had significant investments in both the infrastructure of the property and horse facilities, in addition to bringing back to health some of the existing landscaping along with planting new landscaping throughout the property. Beautiful entry onto the property with hand-built post and rail fencing along the perimeter.
In addition, there are active permits in hand for another home of approximately 2,000 s.f. located on a separate site on the property which also enjoys white water views.

A very large part of the beauty of this property lies in its total privacy and the amount of absolute quiet and peacefulness of the location. When you are on the porch of the existing main house you look out at the water and the waves, the passion fruit hanging from the fencing to the side and hear nothing but birds singing. You are completely tucked away but only 5 minutes from dinner at Lucky's or the Plow and Angel at the SY Ranch or a drink by the beach at the new Miramar Hotel. (Both SY Ranch and Miramar are Rosewood hotels).

Last Agent to Sell the Property

Sandy Stahl

Sotheby's International Realty License #01040095 Listed on: 08/15/2019

Sotheby's International Realty

Last Buyer's Agent

Out of Area Out of Area

Out of Area

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $134,470

Year Built

  • 1999

Lot Details

  • 18.92 Acre Lot
  • Property is zoned AG-I-10

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Mountain

Home Design

  • Ranch Property

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Horse Property
  • Horse Property Improved

Listing and Financial Details

  • Assessor Parcel Number 005-090-009

Property Details

Property Type

Land

Est. Annual Taxes

$134,470

Year Built

1999

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1999

Exterior Features

  • View: Coastline, Mountains, Ocean, Panoramic, White Water
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 005-090-009
  • Geocode Override: No
  • Lot Description: Agricultural, Farm, Horse Property, Horse Property Improved, Ranch
  • Lot Size Area: 824155
  • Topography: Varied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Dec 23, 2019
Sold by
Tanner William
Bought by
Connor Randal O
Seller's Agent
Sandy Stahl
Sotheby's International Realty
Buyer's Agent
Out of Area Out of Area
Out of Area
List Price
$9,200,000
Sold Price
$7,000,000
Premium/Discount to List
-$2,200,000
-23.91%
Total Days on Market
137
Current Estimated Value
$6,190,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$809,250
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
May 4, 2016
Sold by
Singer Paul and Singer Susan
Bought by
Tanner William

Purchase Details

Closed on
Mar 13, 1998
Sold by
Sancedo Anne Cameron and Cameron Anne Marie Elbert
Bought by
Singer Paul and Singer Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.06%

Purchase Details

Closed on
Jun 7, 1994
Sold by
Thompson Charles G and Thompson Connie Jo
Bought by
Cameron Arthur A and Cameron Anne Marie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Connor Randal O $7,000,000 Chicago Title Company
Tanner William $5,000,000 First American Title Company
Singer Paul -- Equity Title Company
Cameron Arthur A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Randal O $5,400,000
Previous Owner Singer Paul $960,000
Previous Owner Singer Paul $975,000
Previous Owner Singer Paul $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $7,000,000 0.0% $6,470 / Sq Ft
12/31/2019 12/31/19 Sold $7,000,000 0.0% $6,470 / Sq Ft
12/31/2019 12/31/19 Off Market $7,000,000 -- --
12/30/2019 12/30/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $9,200,000 0.0% $8,503 / Sq Ft
05/31/2019 05/31/19 For Sale $9,200,000 -- $8,503 / 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
2023 $134,470 $8,258,247 $6,932,659 $1,325,588
2022 $85,927 $8,103,969 $6,888,686 $1,215,283
2021 $74,961 $7,072,520 $6,567,340 $505,180
2020 $74,222 $7,000,000 $6,500,000 $500,000
2019 $56,480 $5,313,039 $4,886,556 $426,483
2018 $55,527 $5,202,000 $4,785,840 $416,160
2017 $54,575 $5,100,000 $4,692,000 $408,000
2016 $20,652 $1,897,354 $1,693,325 $204,029
2015 $20,425 $1,868,855 $1,667,890 $200,965
2014 -- $1,832,248 $1,635,219 $197,029
Source: Public Records

Agents Affiliated with this Home

  • Sandy Stahl

    Seller's Agent in 2019

    Sandy Stahl

    Sotheby's International Realty

    (805) 689-1602

    1 in this area

    39 Total Sales

    Sandy Stahl
    Section Image

  • S

    Buyer's Agent in 2019

    Suzanne Perkins

    Compass

  • O

    Buyer's Agent in 2019

    Out of Area Out of Area

    Out of Area

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Map

Source: The MLS

MLS Number: 19-500434

The MLS

APN: 005-090-009

California Santa Barbara County Summerland 93067

400 Asegra Rd, Summerland, CA

This home is located at 400 Asegra Rd, Summerland, CA 93067 since 15 August 2019 and is currently estimated at $6,190,750, approximately $5,721 per square foot. This property was built in 1999. 400 Asegra Rd is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School and Our Lady of Mount Carmel School.

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