NOT LISTED FOR SALE

Estimated Value: $6,668,000 - $8,716,000

4 Beds
4.5 Baths
3,860 Sq Ft
$1,929/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $7,500,700 $1,943 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $44,957/month

7 Days on Market

Highlights

  • Additional Residence on Property
  • Ocean Front
  • Fruit Trees
  • Vieja Valley Elementary School Rated A
  • Parking available for a boat
  • Fireplace in Primary Bedroom

About This Home

As of January 2024

The most realistically priced home on the market today! Hope Ranch ocean front bluff top estate on 1.22 acres., contemporary design. Ocean and island views! The main residence offers a large living with soaring ceilings, fireplace and doors to patio. Separate dining room opens to the large contemporary kitchen with vaulted ceilings. There are three primary suites. Downstairs primary has large sitting room with fireplace & French doors, walk-in closet and en suite with shower, tub and dual vanities. Additional first floor bedroom with its own bath and walk in closet. The entire upstairs is a large primary retreat with sitting room, fireplace, balcony, walk-in closet and en suite. Detached 3 car garage with its own 1 bedroom, 1 bath guest suite. Reduced over $2,000,000. Priced to sell now. Hope Ranch Park offers private roads, private security patrol, tennis courts, horse riding trails and private beach. Shown by appointment only to buyers with proof of funds or pre-approval from a local lender.

Last Agent to Sell the Property

Jeff Oien

Berkshire Hathaway HomeServices California Properties Listed on: 11/16/2023

Last Buyer's Agent

Stan Tabler

Compass License #00774377

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,012

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Dog Run
  • Gated Home
  • Artificial Turf
  • Lot Sloped Down
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in good condition

HOA Fees

  • $2,626 Monthly HOA Fees

Property Views

  • Ocean
  • Island
  • Mountain

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,860 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Double Pane Windows
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Built-In Electric Oven
  • Built-In Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Garage
  • Parking available for a boat
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Office or Studio
  • Separate Outdoor Workshop

Additional Homes

  • Additional Residence on Property

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Community Details

  • Association fees include comm area maint
  • $600 HOA Transfer Fee
  • 2 Units
  • Hope Ranch Park Community
  • 25 Hope Ranch Subdivision

Listing and Financial Details

  • Home Protection Policy
  • Assessor Parcel Number 063-233-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,012

Year Built

Built in 1989

Lot Details

0

HOA Fees

$2,626 per month

Listing Details

  • Association Fee: 2,626
  • Association Transfer Fee: 600
  • Prop. Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Waterfront, Oceanfront, Sloped Down
  • ResoSecurityFeatures: Gate:Elec, Guard Dog, Smoke Detector(s)
  • Reso Association Fee Includes: Comm Area Maint
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Tile, Concrete
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Studio, Work Shop, Second Residence
  • Reso Property Condition: Good
  • Property Information Year Built2: 1989
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 3860.0
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Other Buildings Studio: Yes
  • Dining Formal2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Hope Ranch Park
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Dog Run2: Yes
  • ViewOcean: Yes
  • View Islands: Yes
  • Amenities Second Residence: Yes
  • LocationTopo Downslope2: Yes
  • Laundry Gas Hookup2: Yes
  • LocationTopo Oceanfront2: Yes
  • GroundsLandscaping Artificial Turf: Yes
  • Amenities Protection Plan2: Yes
  • ParkingGarage RV: Yes
  • ParkingGarage Boat: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Built-In Gas Range, Built-In Electric Oven, Dishwasher, Disposal, Double Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, 2+, LR
  • Other Rooms:Great Room: Yes
  • Appliances Included:Double Oven2: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • View: Mountain(s), Islands, Ocean, Setting
  • Construction Type: Stucco
  • Topography: Downslope
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Deck, Patio Open, Dog Run, Lawn, Fruit Trees, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Slab
  • ConstructionSiding:Roof Concrete: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, RV, Boat

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: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 063-233-004
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Dec 4, 2023
Sold by
Lynette F Hulbert Revocable Trust
Bought by
Excelsior Holdings Llc
Seller's Agent
Jeff Oien
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Stan Tabler
Compass
List Price
$7,495,000
Sold Price
$7,500,700
Premium/Discount to List
$5,700
0.08%
Views
277
Current Estimated Value
$7,446,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,703
Avg. Annual Appreciation
1.52%

Purchase Details

Closed on
May 8, 2019
Sold by
Luloh Klaus Peter and Luloh Karen L
Bought by
Hubert Lynette F

Purchase Details

Listed on
Oct 19, 2018
Closed on
Sep 25, 2018
Sold by
Hubert Lynette F
Bought by
Luoh Klaus Peter and Luoh Karen L
Seller's Agent
Jeff Oien
Village Properties - 1
Buyer's Agent
Christine Salvetti
Century 21 Hometown Realty
List Price
$7,450,000
Sold Price
$7,100,000
Premium/Discount to List
-$350,000
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%

Purchase Details

Closed on
Dec 12, 2001
Sold by
Hulbert Lynette P
Bought by
Hulbert Lynette F
Source: Public Records

Range of Values:

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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
Excelsior Holdings Llc $7,501,000 Fidelity National Title Compan
Hubert Lynette F -- Fidelity National Title Co
Luoh Klaus Peter $7,100,000 Fidelity National Title Co
Hulbert Lynette F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynette F Hulbert Revocable Tr $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $7,500,700 +0.1% $1,943 / Sq Ft
11/23/2023 11/23/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $7,495,000 +5.6% $1,942 / Sq Ft
10/19/2018 10/19/18 Sold $7,100,000 -4.7% $1,839 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $7,450,000 -- $1,930 / 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 $22,012 $7,650,714 $5,610,000 $2,040,714
2023 $22,012 $2,007,482 $1,079,098 $928,384
2022 $21,239 $1,968,121 $1,057,940 $910,181
2021 $20,474 $1,929,532 $1,037,197 $892,335
2020 $20,257 $1,909,748 $1,026,562 $883,186
2019 $74,197 $7,100,000 $6,250,000 $850,000
2018 $19,199 $1,835,592 $986,700 $848,892
2017 $18,800 $1,799,601 $967,353 $832,248
2016 $18,331 $1,764,316 $948,386 $815,930
2014 $17,849 $1,703,775 $915,843 $787,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3451

Santa Barbara Multiple Listing Service

APN: 063-233-004