NOT LISTED FOR SALE

Estimated Value: $7,970,000 - $9,490,482

4 Beds
4.5 Baths
5,580 Sq Ft
$1,569/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $9,250,000 $1,658 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $56,646/month

16 Days on Market

Highlights

  • Ocean Front
  • Art Studio
  • Maid or Guest Quarters
  • Vieja Valley Elementary School Rated A
  • Outdoor Pool
  • Deck

About This Home

As of July 2020

Enjoy modern living in this elegant and timeless Mediterranean villa with panoramic Pacific Ocean and Channel Islands views.
This artfully designed 4 Bedroom, 4 1/2 Bath estate exudes casual elegance in one of the most coveted gated enclaves in Hope Ranch. Charming garden walkway welcomes you to a grand entry with impressive three-story high spiraled iron staircase.
Step into the spacious living room and dining area with five sets of French Doors with balconettes that open to sweeping ocean or garden views.
Arched ceilings are the focal point of the gracious dining area and in the living room an impressive antique French stone fireplace exudes a cozy ambiance.

Just off the living room through massive double doors you enter the serene master suite that captures the morning glory.. secluded patio ideal for a having your coffee with a view.

Unique European architectural details blending in harmony with casual coastal elements that make this home a legacy to treasure.

The Chef's Kitchen is the heart of the home with double ovens, microwave and oversized kitchen isle, and overlooks the breakfast nook and family room, which leads to an immense outdoor terrace with ornate iron railings, ideal for outdoor entertaining. Enjoy the sea-life up close and personal, watch sailboats glide by on the sparkling crystal blue waters, dolphins play in the waves, and spot whales during their migration season.

Get an even more spectacular look at the ocean from the rooftop observation deck. Another spacious area designed for entertaining with an amazing view that can be reached from the tower room. The romantic tower room is ideal for a home office or a peaceful yoga/meditation studio.

Downstairs you will find a private ocean view guest apartment complete with a bedroom, bath, kitchenette, dining area and inviting living room with fireplace. This space would be perfect for game, media or pool room.

There is abundant space for your favorite wine collection in the quintessential wine room.

The two guest en-suite bedrooms that mirror each other have Santa Barbara doors with screens for fresh breezes and leading to the patio and pool and glorious Pacific Ocean.

The oversized three car garage with ample storage. Outside the garage there is a large driveway that doubles for a sports area, basketball, volleyball or badminton.
There is plenty of parking space to accommodate larger gatherings.

This magnificent 5,580 SqFt bluff top villa situated on 1.84 acres of private sanctuary known as "La Marquisse Sur-Mer" offers gorgeous Pacific Ocean and Channel Island views. This is the ultimate Santa Barbara coast lifestyle.

Last Agent to Sell the Property

Terrence Ryken

Compass License #01107300 Listed on: 06/04/2020

Compass

Last Buyer's Agent

Pippa Davis

Compass License #01419280

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 1.84 Acre Lot
  • Ocean Front
  • Cul-De-Sac
  • Level Lot
  • Hilly Lot
  • Drought Tolerant Landscaping
  • Property is in good condition
  • Property is zoned EX-1

HOA Fees

  • $2,800 Monthly HOA Fees

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Beach
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,580 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Open Floorplan
  • Dining Area
  • Home Office
  • Art Studio
  • Tile Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Floor Furnace
  • Underground Utilities
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 063-233-025

Community Details

Overview

  • $600 HOA Transfer Fee
  • 25 Hope Ranch Subdivision
  • Greenbelt

Recreation

  • Tennis Courts

Security

  • Security Guard

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

1.84 Acres

HOA Fees

$2,800 per month

Listing Details

  • Association Fee: $2,800
  • Association Transfer Fee: $600
  • Directions: Cliff Dr. to Hope Ranch East Entrance- Left on Marina Dr - Left on Creciente and Left on Bajada Lane. Meet Listing Agent at Gate
  • Prop. Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Waterfront, Oceanfront, Cul-De-Sac
  • ResoSecurityFeatures: Patrol, Security System
  • Reso Association Amenities: Other, Tennis Court(s), Greenbelt
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Medit
  • Reso Flooring: Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1998
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.84
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Hilly2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Condition Good2: Yes
  • WaterSewer Septic In: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • View Beach2: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Site Improvements Cable TV3: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Appliances Included OvenBltin: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • LocationTopo Oceanfront2: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • Dining In Living Room2: Yes
  • Appliances Included Central Vac2: Yes
  • Security Patrol2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Bltin, Central Vac, Disposal, Microwave
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Other, 2+, Gas, LR

Exterior Features

  • Roof: Tile
  • View: Beach, Ocean, Setting, Panoramic
  • Construction Type: Other, Stucco
  • Acres: 1.84
  • Topography: Hilly, Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exclusions: Other
  • Exterior Features: Pool, Deck, Patio Open, Patio Covered, Drought Tolerant LND
  • Foundation Details: Slab, Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Interior Access, Attached

Utilities

  • Heating: Floor Furnace
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: La Cumb Wtr
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 063-233-025
  • Zoning: EX-1
  • Lot Size Sq Ft: 80150.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 15, 2020
Sold by
Johnson Patricia S
Bought by
Cohen Jason A
Seller's Agent
Terrence Ryken
Compass
Buyer's Agent
Pippa Davis
Compass
List Price
$11,750,000
Sold Price
$9,250,000
Premium/Discount to List
-$2,500,000
-21.28%
Current Estimated Value
$8,755,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$494,506
Avg. Annual Appreciation
-0.97%

Purchase Details

Closed on
Nov 19, 2002
Sold by
Johnson Richard A
Bought by
Johnson Richard A and Johnson Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.88%

Purchase Details

Closed on
Nov 1, 2002
Sold by
Johnson Richard A and Johnson Patricia S
Bought by
Johnson Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.88%

Purchase Details

Closed on
Mar 11, 1998
Sold by
Johnson Richard A and Johnson Patricia S
Bought by
Johnson Richard A and Johnson Patricia S

Purchase Details

Closed on
Jan 12, 1996
Sold by
Politi Joseph and Politi Sandra
Bought by
Johnson Richard A and Johnson Patricia S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cohen Jason A $9,250,000 Chicago Title Company
Johnson Richard A -- --
Johnson Richard A -- First American Title Co
Johnson Richard A -- Fidelity National Title Co
Johnson Richard A -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Richard A $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $9,250,000 -21.3% $1,658 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $11,750,000 -- $2,106 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $105,446 $10,052,277 $7,577,025 $2,475,252
2023 $105,446 $9,623,700 $7,282,800 $2,340,900
2022 $101,337 $9,435,000 $7,140,000 $2,295,000
2021 $97,683 $9,250,000 $7,000,000 $2,250,000
2020 $48,048 $4,552,428 $1,486,323 $3,066,105
2019 $46,618 $4,463,166 $1,457,180 $3,005,986
2018 $45,704 $4,375,654 $1,428,608 $2,947,046
2017 $44,863 $4,289,858 $1,400,597 $2,889,261
2016 $43,683 $4,205,744 $1,373,135 $2,832,609
2015 $43,222 $4,142,571 $1,352,510 $2,790,061
2014 -- $4,061,425 $1,326,017 $2,735,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2036

Santa Barbara Multiple Listing Service

APN: 063-233-025

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