$4,350,000
SOLD APR 14, 2025
3 Beds
2.5 Baths
1,898 Sq Ft
1 Acres

Recently Sold

$2,292 Per Sq Ft

5% Below List Price

59 Days on Market

Highlights

  • Spa
  • Property is near an ocean
  • Updated Kitchen
  • Vieja Valley Elementary School Rated A
  • Solar Power System
  • Ranch Style House

About This Home

As of April 2025

Located in the heart of Hope Ranch, this remodeled 3-bedroom, 2 1/2bath retreat is a private oasis surrounded by high hedges and lush, exquisite landscaping. The gourmet kitchen with top of the line appliances leads to dining area and great room with vaulted ceilings. Designed for seamless indoor-outdoor living, the home features expansive windows and doors that open to a resort-like backyard with a sparkling pool, spa, and sprawling lawn. Perfect for relaxing or entertaining, this property exudes the charm of Santa Barbara living. Conveniently located near La Cumbre Country Club, this home offers modern elegance, tranquility, and the ultimate California lifestyle. A tropical paradise. Hope Ranch provides residents with a truly idyllic lifestyle, featuring 25+ miles of picturesque walking and equestrian trails, tennis courts, and exclusive access to a stunning sandy beach complete with a swim dock, restrooms, and surfboard storage. The community boasts scenic, tree-lined roadways, top-rated schools, and a diverse array of architectural styles, from classic mid-century ranch homes and Mediterranean hilltop villas to lavish oceanfront estates.

Conveniently located just minutes from Santa Barbara's renowned restaurants, boutique shops, and gourmet markets, Hope Ranch is a vibrant community that offers something for everyone, no matter their age or interests.

Last Agent to Sell the Property

Jim Scarborough

Berkshire Hathaway HomeServices California Properties License #01182792 Listed on: 01/24/2025

Berkshire Hathaway HomeServices California Properties

Co-Listed By

McKenzie Duddy

Berkshire Hathaway HomeServices California Properties License #02165838

Last Buyer's Agent

20/Twenty Group

Compass License #01968703 / 02067856 / 02057028

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,398

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Irrigation
  • Property is in excellent condition
  • Property is zoned EX-1

HOA Fees

  • $3,091 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,898 Sq Ft Home
  • Wet Bar
  • Great Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Property Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Open Parking

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Property is near a lake
  • Covered Patio or Porch
  • Shed

Schools

  • Vieja Valley Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Water Softener is Owned
  • Septic System

Additional Features

  • Stepless Entry
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 061-312-005
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include comm area maint, security
  • 25 Hope Ranch Subdivision
  • Hope Ranch Assoc

Recreation

  • Tennis Courts

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,398

Year Built

Built in 1973

Lot Details

0

HOA Fees

$3,091 per month

Listing Details

  • Association Fee: $3,090.82
  • Manufactured Housing Park Name: Hope Ranch Assoc
  • Prop. Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Park Name: Hope Ranch Assoc
  • Road Frontage Type: Easement
  • Reso Association Amenities: Other, Tennis Court(s), Security
  • Reso Association Fee Includes: Other, Comm Area Maint, Security
  • Co List Office Mls Id: pruc1
  • Co List Office Phone: 805-969-5026
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Traditional, Ranch
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1973
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 1898.0
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Wet Bar2: Yes
  • WaterSewer Septic In: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Other Buildings Shed: Yes
  • Amenities Solar PV2: Yes
  • Appliances Included Gas Tankless Water Heater: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Electric Solar PV Seller Owned: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • AssocPark Amenities Security: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Fee Incl Security2: Yes
  • ParkingGarage Unc #22: Yes
  • Proximity Lake2: Yes
  • Architectural Style Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Dishwasher, Disposal, Dryer, Microwave, Washer, Wtr Softener/Owned
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Other Rooms:Great Room: Yes
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Other
  • Acres: 1.0
  • Topography: Level
  • Exterior Features: Pool, Patio Open, Patio Covered, Hot Tub, Yard Irrigation PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gar #2, Unc #2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 061-312-005
  • Zoning: EX-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Apr 10, 2025
Sold by
Shalhoob John G and Shalhoob Michelle C
Bought by
Lundgaard Trust and Lundgaard
Seller's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
20/Twenty Group
Compass
List Price
$4,595,000
Sold Price
$4,350,000
Premium/Discount to List
-$245,000
-5.33%
Views
102
Current Estimated Value
$4,207,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$142,970
Avg. Annual Appreciation
-7.38%
Original Mortgage
$2,898,000
Outstanding Balance
$2,885,224
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,320,541

Purchase Details

Closed on
Nov 21, 2024
Sold by
Shalhoob John G and Shalhoob Michelle C
Bought by
Shalhoob John G and Shalhoob Michelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,990,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2011
Sold by
Bagdasarian Michael D
Bought by
Shalhoob John G and Shalhoob Michelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2001
Sold by
Bagdasarian Raffy D
Bought by
Bagdasarian Raffy D

Purchase Details

Closed on
Jul 12, 1999
Sold by
Bagdasarian Michael D and Bagdasarian Dee Elizabeth
Bought by
Bagdasarian Raffy D and Bagdasarian Violet

Purchase Details

Closed on
Oct 19, 1993
Sold by
Santa Ynez Corp
Bought by
Bagdasarian Raffy D and Bagdasarian Violet
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 Type Sale Price Title Company
Grant Deed $4,350,000 Chicago Title Company
Grant Deed -- Fidelity National Title
Grant Deed $1,100,000 First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Quit Claim Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,898,000 New Conventional
Previous Owner $2,990,000 New Conventional
Previous Owner $815,000 New Conventional
Previous Owner $145,000 Commercial
Previous Owner $400,000 Credit Line Revolving
Previous Owner $100,000 Commercial
Previous Owner $145,000 Unknown
Previous Owner $1,840,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $825,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $4,350,000 -5.3% $2,292 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $4,595,000 -- $2,421 / 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
2025 $15,398 $1,464,513 $1,004,839 $459,674
2023 $15,398 $1,407,646 $965,821 $441,825
2022 $14,855 $1,380,049 $946,884 $433,165
2021 $14,319 $1,352,990 $928,318 $424,672
2020 $14,166 $1,339,118 $918,800 $420,318
2019 $13,746 $1,312,862 $900,785 $412,077
2018 $13,476 $1,287,121 $883,123 $403,998
2017 $13,172 $1,261,884 $865,807 $396,077
2016 $12,493 $1,202,142 $848,831 $353,311
2015 $12,000 $1,149,611 $836,081 $313,530
2014 -- $1,127,093 $819,704 $307,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-366

Santa Barbara Multiple Listing Service

APN: 061-312-005