NOT LISTED FOR SALE

Estimated Value: $1,956,000 - $13,438,641

6 Beds
6 Baths
5,000 Sq Ft
$1,539/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2013

Last sale price $14,000,000 $2,800 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $57,316 / mo

638 Days on Market

Highlights

  • Ocean Front
  • Tennis Courts
  • Spa
  • Guest House
  • Gated with Attendant
  • 2-minute walk to Carpinteria Salt Marsh Nature Park

About This Home

As of February 2013

A very special & private beachfront family compound in exclusive & gated Sandyland Cove includes a 6 bedroom main house, a 1 bed guest house with living room, tennis court, swimming pool & spa, 3+-car garage on 1 +- acre with apx. 95 ft of beach frontage. One of the largest parcels on the “Cove.” Properties like this are almost never on the market.

Last Agent to Sell the Property

Gregg Leach

Village Properties License #01005773 Listed on: 05/03/2011

Last Buyer's Agent

Susan Burns

Sotheby's International Realty License #00878065

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 39,204 Sq Ft Lot
  • Ocean Front
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

Property Views

  • Ocean
  • Beach
  • Panoramic
  • Mountain

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Game Room
  • Sun or Florida Room
  • Home Gym
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Stove
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Stone
  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Guest Quarters
  • 6 Full Bathrooms

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Uncovered Parking

Outdoor Features

  • Spa
  • Property is near an ocean
  • Tennis Courts
  • Deck
  • Covered Patio or Porch
  • Fireplace in Patio
  • Built-In Barbecue

Schools

  • See Remarks Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Tankless Water Heater
  • Water Softener is Owned
  • Sewer Stub Out
  • Satellite Dish

Additional Features

  • Wheelchair Access
  • Guest House
  • Property is near shops

Community Details

  • 05 Sandyland Cove Subdivision
  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 003-410-006

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0.9 Acres

Listing Details

  • Directions: From the North - 101 South to Carpinteria Avenue, Right on Sandyland Cove Road to guard gate.
  • Prop. Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Waterfront, Oceanfront, Cul-De-Sac
  • ResoSecurityFeatures: Monitored, Gate:Guard, Patrol, Security System, Smoke Detector(s)
  • Subdivision Name: 05 - Sandyland Cove
  • Reso Accessibility Features: Wheelchair Access
  • Architectural Style: Cape Cod
  • Reso Flooring: Carpet, Hardwood, Marble, Stone, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1940
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.9
  • NeighborhoodSchools Elementary School: See Remarks
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • WaterSewer Sewer Avail: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Marble2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • View Beach2: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • LocationTopo Oceanfront2: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • Security GateGuard: Yes
  • ParkingGarage Unc #33: Yes
  • WaterSewer Meter In: Yes
  • Security Monitored2: Yes
  • Rooms Game Room3: Yes
  • Appliances Included Satellite Dish2: Yes
  • Handicapped Access Wheelchair Access: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Style Cape Cod2: Yes
  • Security Patrol2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Oven/Bltin, Dishwasher, Disposal, Double Oven, Gas Stove, Satellite Dish, Wtr Softener/Owned
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, LR, Patio
  • Total Bedrooms: 12
  • Appliances Included:Tankless Water Heater: Yes
  • Appliances Included:Double Oven2: Yes
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Composition
  • View: Beach, Mountain(s), Ocean, Setting, Panoramic
  • Construction Type: Wood Siding
  • Acres: 0.9
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Tennis Court(s), Pool, Deck, Patio Open, Patio Covered, SPA-Outside, Hot Tub, Lawn, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Unc #3, Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Meter In, Carp Wtr
  • Heating:Forced Air: Yes

Association/Amenities

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

Schools

  • Elementary School: See Remarks
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 003-410-006
  • Zoning: R-1
  • Lot Size Sq Ft: 39204.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2011
Closed on
Feb 6, 2013
Sold by
Bought by
Seller's Agent
Gregg Leach
Village Properties
Buyer's Agent
Susan Burns
Sotheby's International Realty
List Price
$22,500,000
Sold Price
$14,000,000
Premium/Discount to List
-$8,500,000
-37.78%
Current Estimated Value
$7,697,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,302,679
Avg. Annual Appreciation
-4.36%
Original Mortgage
$750,000
Interest Rate
0.0329%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$14,000,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Previous Owner $2,000,000
Previous Owner $3,000,000
Previous Owner $2,500,000
Previous Owner $1,000,000
Previous Owner $1,600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $14,000,000 -37.8% $2,800 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
05/03/2011 05/03/11 For Sale $22,500,000 -- $4,500 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $184,513 $17,584,796 $12,560,573 $5,024,223
2025 $180,926 $17,239,997 $12,314,288 $4,925,709
2023 $180,926 $16,570,549 $11,836,110 $4,734,439
2022 $174,894 $16,245,637 $11,604,030 $4,641,607
2021 $170,998 $15,927,096 $11,376,500 $4,550,596
2020 $169,318 $15,763,784 $11,259,848 $4,503,936
2019 $166,040 $15,454,691 $11,039,067 $4,415,624
2018 $163,421 $15,151,659 $10,822,615 $4,329,044
2017 $160,666 $14,854,568 $10,610,407 $4,244,161
2016 $157,932 $14,563,303 $10,402,360 $4,160,943
2014 $146,978 $14,063,560 $10,045,400 $4,018,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-1625

Santa Barbara Multiple Listing Service

APN: 003-410-006

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