$14,800,000
SOLD JAN 4, 2019
6 Beds
7.5 Baths
10,463 Sq Ft
2.29 Acres

Recently Sold

$1,415 Per Sq Ft

15% Below List Price

415 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Spa
  • Vieja Valley Elementary School Rated A
  • Home Theater
  • Sauna

About This Home

As of July 2022

Redefining Santa Barbara style, this newly-built, stellar 2.3 acre ocean-view estate takes queues from Moroccan extravagance+minimalist design. Tucked on a prime, quiet lane in Hope Ranch, a dramatic alfresco foyer welcomes you to a one-of-a-kind 6bd home & ushers you into a world of soothing sight lines & seamless indoor/outdoor living. Pivoting iron & glass doors link the great room w/the gardens & vast ocean views. Stone floors coalesce w/shimmering plaster walls to create an ethereal pallet. A sumptuous 1st flr master is ideal for 1 level living; take the elevator to the 2nd flr master for even larger ocean views. A stunning 75’ pool & spa rivals your favorite resort. Indulge in creative endeavors in the private studio. Lush gardens & hidden courtyards abound. This is sheer perfection!

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 09/13/2017

Last Buyer's Agent

Randall Solakian

Coldwell Banker Realty License #00622258

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $197,965

Year Built

  • Built in 2017

Lot Details

  • 2.29 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 10,463 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Free Standing Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Art Studio
  • Sauna
  • Home Gym
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Approach with Ramp
  • Accessible Ramps

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Deck
  • Built-In Barbecue

Location

  • Property is near schools

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Radiant Heating System
  • Water Softener is Owned
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 063-211-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$197,965

Year Built

Built in 2017

Lot Details

0

HOA Fees

$144 per month

Listing Details

  • Association Fee: $1,729.36/yr
  • Directions: From Marina Drive, turn on Estrella, then turn right on La Ladera. Home is on left.
  • Prop. Type: Residential
  • Year Built: 2017
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Sloped Down
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Reso Association Amenities: Other
  • Reso Accessibility Features: Accessible Approach with Ramp, Accessible Elevator Installed
  • Architectural Style: Contemporary, Medit
  • Reso Flooring: Hardwood, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2017
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.29
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: 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
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 10463.0
  • Construction Two Story2: Yes
  • GroundsLandscaping Sauna3: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • Style:Contemporary2: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Appliances Included Low Flow Fixtures2: Yes
  • LocationTopo Downslope2: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Style Medit2: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Rooms Theatre2: Yes
  • Handicapped Access Elevator3: Yes
  • Dining In Living Room2: Yes
  • Fireplace(s) Free Standing2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Handicapped Access Ramp2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Low Flow Fixtures, Microwave, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Dining Room, Other, 2+, Free Standing, Gas, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Ocean
  • Construction Type: Stucco
  • Acres: 2.29
  • Topography: Downslope, Level
  • Exterior Features: Other, Pool, Deck, SPA-Outside, Sauna, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL, Drought Tolerant LND
  • Foundation Details: Slab, Caisson/Piling

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4

Utilities

  • Cooling: Other
  • Heating: Forced Air, Radiant
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 063-211-004
  • Zoning: Other
  • Lot Size Sq Ft: 99752.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jul 14, 2022
Sold by
Hope Hale Trust
Bought by
Light Stephen and Massey Angel
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Non Member Agent
Non Member Office
Sold Price
$18,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.02%
Original Mortgage
$10,000,000
Outstanding Balance
$9,433,392
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$3,366,318

Purchase Details

Closed on
May 9, 2019
Sold by
Wolf Noelle
Bought by
Stoll Peter J

Purchase Details

Listed on
Sep 13, 2017
Closed on
Dec 14, 2018
Sold by
Pevec Damir and Pevec Anne C
Bought by
Meeks Martin
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Randall Solakian
Coldwell Banker Realty
List Price
$17,500,000
Sold Price
$14,800,000
Premium/Discount to List
-$2,700,000
-15.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.20%
Original Mortgage
$7,400,000
Interest Rate
3.56%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 19, 2013
Sold by
Pevec Damir and Pevec Anne
Bought by
Pevec Damir and Pevec Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2010
Sold by
Sorensen D Stephen and Sorensen Shannon P
Bought by
Pevec Damier and Pevec Anne

Purchase Details

Closed on
Oct 2, 2009
Sold by
Koosharem Corporation
Bought by
Sorensen D Stephen and Sorensen Shannon P

Purchase Details

Closed on
Jun 26, 2007
Sold by
Anwyl Davies Nicholas and Reid Angela
Bought by
Koosharem Corp

Purchase Details

Closed on
Oct 1, 2001
Sold by
Berman Stephen L
Bought by
Anwyl Davies Nicholas and Anwyl Davies Angela

Purchase Details

Closed on
Sep 25, 2001
Sold by
Berman Stephen L
Bought by
Berman Stephen L

Purchase Details

Closed on
Jul 16, 2001
Sold by
Berman Stephen L and Risi Joseph S
Bought by
Anwyi Davies Nicholas and Anwyl Davies Agnela

Purchase Details

Closed on
Aug 18, 2000
Sold by
Willey Frank P
Bought by
Berman Stephen L and Risi Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
8.3%

Purchase Details

Closed on
Aug 17, 2000
Sold by
Berman Lori A
Bought by
Berman Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
8.3%

Purchase Details

Closed on
Jun 10, 1999
Sold by
Mckenzie Elizabeth
Bought by
Willey Frank P

Purchase Details

Closed on
Sep 17, 1993
Sold by
Spence Elizabeth M and Recknagel Elizabeth M S
Bought by
Spence Elizabeth M and Forbes Elizabeth A
Source: Public Records

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Range of Values:

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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 $18,150,000 Chicago Title
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed $14,800,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $2,150,000 Chicago Title Company
Grant Deed -- None Available
Grant Deed -- Fidelity National Title Co
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Grant Deed -- Fidelity National Title Co
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed -- Fidelity National Title Co
Quit Claim Deed -- Santa Barbara Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 Construction
Open $10,000,000 New Conventional
Previous Owner $7,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,900,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Unknown
Previous Owner $4,200,000 Construction
Previous Owner $1,260,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $19,995,000 -7.0% $1,755 / Sq Ft
01/23/2025 01/23/25 Price Changed $21,500,000 -12.2% $1,887 / Sq Ft
10/24/2024 10/24/24 For Sale $24,500,000 +35.0% $2,150 / Sq Ft
07/20/2022 07/20/22 Sold $18,150,000 0.0% $1,663 / Sq Ft
07/20/2022 07/20/22 Off Market $18,150,000 -- --
04/15/2022 04/15/22 Pending -- -- --
01/04/2019 01/04/19 Sold $14,800,000 -15.4% $1,415 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
09/13/2017 09/13/17 For Sale $17,500,000 -- $1,673 / 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 $197,965 $18,150,000 $4,500,000 $13,650,000
2022 $167,012 $15,557,440 $7,883,838 $7,673,602
2021 $160,990 $15,252,393 $7,729,253 $7,523,140
2020 $159,280 $15,096,000 $7,650,000 $7,446,000
2019 $83,959 $8,035,076 $2,744,642 $5,290,434
2018 $82,314 $7,877,526 $2,690,826 $5,186,700
2017 $80,866 $7,723,065 $2,638,065 $5,085,000
2016 $57,679 $5,546,535 $2,591,535 $2,955,000
2015 $46,572 $4,456,589 $2,556,589 $1,900,000
2014 -- $2,291,700 $2,271,700 $20,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3091

Santa Barbara Multiple Listing Service

APN: 063-211-004