NOT LISTED FOR SALE

Estimated Value: $7,283,000 - $8,428,000

4 Beds
4.5 Baths
5,704 Sq Ft
$1,365/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $4,255,000 $746 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $45,875/month

133 Days on Market

Highlights

  • Ocean View
  • Spa
  • Fruit Trees
  • Vieja Valley Elementary School Rated A
  • Property is near an ocean
  • Fireplace in Primary Bedroom

About This Home

As of February 2018

With remarkable size, scale, quality and charm, 4170 La Ladera captured Don Pederson’s revered architectural vision in the most serene of settings. Nestled behind tall iron gates, this exceptional property boasts incredible privacy and a vastly expansive front yard with breathtaking landscaping and lawns of emerald. Situated just moments from both Hendry’s Beach and the Hope Ranch private beach, Pederson wisely chose the perfect 1.7 acre parcel to construct this one-of-a-kind project.

A whimsical stone walking path lined with lush hedges and blooming flowers leads you to the grand front entry door. As you step inside 4170 La Ladera, the scale of the home will take your breathe away. Spanning roughly 5700 square feet with soaring ceiling, this home features immensely spacious living areas that exude tremendous charisma. The formal living room is illuminated by six large windows that bathe the space in natural sunlight, and is situated across from French doors that open directly to a lovely covered patio. A massive wood burning fireplace is set beneath artistic wood paneling with recessed lighting. Off the living room, you'll discover a generous guest suite on the lower level with a beautiful ensuite bath and a massive private balcony that overlooks the gardens and manicured front lawn.

The immaculate kitchen is any chef's dream. It features a pentagon-shaped center island, massive amounts of countertop space with bar-style seating, custom cabinetry with abundant storage, upgraded appliances, and a stunning picture window that overlooks beautiful setting views. The kitchen opens to an amazing family room which rests beneath an antique ceiling made of reclaimed hand hewn beams. The incredible family room has a large fireplace and boasts remarkable bi-folding doors that open to a huge patio overlooking gorgeous ocean views. Off the family room, you'll find a regal home office and a generous laundry room. On the upper level of the residence, the incredible master suite boasts soaring cathedral ceilings, a enormous walk-in closet, and a large balcony overlooking beautiful views.

In addition, the property has an elevator that provides access from the parking garage on the lower level, to either the family room on the second level or the master suite on the upper level of the residence. Hope Ranch amenities include the private beach, miles of riding trails, tennis courts and the Vieja Valley School Attendance Area.

Last Agent to Sell the Property

Grubb Campbell Group

Village Properties License #01236143 / 01410304 Listed on: 08/22/2017

Last Buyer's Agent

Bob Curtis

Village Properties - 1 License #00938841

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,781

Year Built

  • Built in 2001

Lot Details

  • 1.74 Acre Lot
  • Cul-De-Sac
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Home Design

  • Tudor Architecture
  • Tri-Level Property
  • Brick Exterior Construction
  • Raised Foundation
  • Slate Roof
  • Stucco

Interior Spaces

  • 5,704 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Ocean Views
  • Attic Fan

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Monitored
  • Intercom
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Underground Utilities
  • Tankless Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 063-211-003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include comm area maint, security
  • 25 Hope Ranch Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,781

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Association Fee: CLA
  • Prop. Type: Residential
  • Year Built: 2001
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Rolling Slope, Cul-De-Sac
  • ResoSecurityFeatures: Monitored, Gate:Elec, Security System, Smoke Detector(s)
  • Reso Association Fee Includes: Comm Area Maint, Security
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Tudor
  • Reso Flooring: Wood, Carpet, Hardwood, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level, Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2001
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.74
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: 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
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 75790.0
  • GroundsLandscaping Wooded4: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • GroundsLandscaping Permeable Driveway2: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • WaterSewer Meter In: Yes
  • AssocPark Fee Incl Security2: Yes
  • Appliances Included Central Vac2: Yes
  • Roof Slate2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Security Monitored2: Yes
  • Construction Tri-Level2: Yes
  • Appliances Included Intercom2: Yes
  • Cooling Attic Fan: Yes
  • Style Tudor2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Oven/Bltin, Central Vac, Dishwasher, Disposal, Double Oven, Dryer, Intercom, Microwave, Washer, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, 2+, Gas, LR
  • Appliances Included:Tankless Water Heater: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Slate
  • View: Ocean, Setting
  • Construction Type: Brick/Stone, Stucco, Other
  • Acres: 1.74
  • Topography: Rolly, Level
  • Exterior Features: Deck, Patio Open, Patio Covered, SPA-Outside, Fruit Trees, Wooded, Yard Irrigation T/O, Fenced: ALL, Drought Tolerant LND, Permeable Driveway
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

  • Cooling: Attic Fan, Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Meter In, La Cumb Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 063-211-003
  • Zoning: R-1
  • Lot Size Sq Ft: 75790.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2020
Sold by
Kennedy Bruce and Kennedy Julie
Bought by
Kennedy Bruce and Kennedy Julie
Current Estimated Value
$7,642,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 22, 2017
Closed on
Feb 8, 2018
Sold by
Yvonne Gilbert R and Yvonne Gilbert M
Bought by
Kennedy Bruce and Kennedy Julie
Seller's Agent
Grubb Campbell Group
Village Properties
Buyer's Agent
Bob Curtis
Village Properties - 1
List Price
$4,850,000
Sold Price
$4,255,000
Premium/Discount to List
-$595,000
-12.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$2,765,750
Outstanding Balance
$2,360,541
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,423,344

Purchase Details

Closed on
May 12, 2003
Sold by
Gilbert R Michael and Yvonne Gilbert M
Bought by
Gilbert R Michael and Yvonne Gilbert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 2002
Sold by
Gilbert R Michael and Yvonne Gilbert M
Bought by
Gilbert R Michael and Yvonne Gilbert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 16, 1999
Sold by
Gilbert R Michael and Yvonne Gilbert M
Bought by
Gilbert R Michael and Gilbert Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.56%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 18, 1999
Sold by
Gilbert R Michael and Yvonne Gilbert M
Bought by
Gilbert R Michael and Yvonne Gilbert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.56%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Kennedy Bruce -- None Available
Kennedy Bruce $4,255,000 First American Title Co
Gilbert R Michael -- First American Title Co
Gilbert R Michael -- First American Title Co
Gilbert R Michael -- First American Title Co
Gilbert R Michael -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Bruce $1,490,000
Closed Kennedy Bruce $250,000
Open Kennedy Bruce $2,765,750
Previous Owner Gilbert R Michael $2,000,000
Previous Owner Gilbert R Michael $1,300,000
Previous Owner Gilbert R Michael $500,000
Previous Owner Gilbert R Michael $800,000
Previous Owner Gilbert R Michael $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $4,255,000 -12.3% $746 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
08/22/2017 08/22/17 For Sale $4,850,000 -- $850 / 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 $50,781 $4,841,461 $1,991,200 $2,850,261
2023 $50,781 $4,653,463 $1,913,880 $2,739,583
2022 $48,993 $4,562,219 $1,876,353 $2,685,866
2021 $47,226 $4,472,764 $1,839,562 $2,633,202
2020 $46,724 $4,426,902 $1,820,700 $2,606,202
2019 $45,333 $4,340,100 $1,785,000 $2,555,100
2018 $27,317 $2,613,372 $600,924 $2,012,448
2017 $26,783 $2,562,131 $589,142 $1,972,989
2016 $26,096 $2,511,894 $577,591 $1,934,303
2014 $25,410 $2,425,699 $557,772 $1,867,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-2843

Santa Barbara Multiple Listing Service

APN: 063-211-003