NOT LISTED FOR SALE

428 Toro Canyon Rd Santa Barbara, CA 93108

Toro Canyon Neighborhood

Estimated Value: $4,201,000 - $4,764,000

2 Beds
3 Baths
1,760 Sq Ft
$2,592/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $2,930,000 $1,665 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $27,512/month

84 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Property is near a park
  • Spa
  • Deck
  • Separate Outdoor Workshop

About This Home

As of March 2021

Perched above Padaro Lane and the polo fields lies this private island style retreat with unobstructed ocean, island, coastline, and harbor views. Sun filled rooms with floor to ceiling doors and windows open to spacious balconies overlooking the pool, tropical landscaping, and the ocean. Situated on an acre in one of the best locations Santa Barbara, Summerland, and Montecito has to offer. Close to the beach, restaurants, shopping, and trails. Two car garage, jacuzzi, and studio/bonus room. Easy access to the 101 freeway and Los Angeles.

Last Agent to Sell the Property

Jason Siemens

Sotheby's International Realty License #01886104 Listed on: 10/12/2020

Last Buyer's Agent

Josiah Hamilton

Berkshire Hathaway HomeServices California Properties License #01415235

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,427

Year Built

  • Built in 1974

Lot Details

  • 1 Acre Lot
  • Property is in good condition

Parking

  • Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Deck
  • Separate Outdoor Workshop

Location

  • Property is near a park
  • Property is near shops

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Community Details

  • 05 Padaro Subdivision
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 155-140-058

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,427

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Directions: 101 to Padaro Lane offramp. Go towards mountains, right on Via Real, Left on Toro Canyon Rd. Right to 428 Toro Canyon Rd. Below East Valley.
  • Prop. Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: Home/Estate
  • Subdivision Name: 05 - Padaro
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Work Shop
  • Reso Property Condition: Good
  • Property Information Year Built2: 1974
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Other Buildings Work Shop2: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • LocationTopo Foothills2: Yes
  • Foundation Pier Post: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, City, Harbor, Panoramic
  • Construction Type: Wood Siding
  • Acres: 1.0
  • Topography: Foothills
  • Exterior Features: Pool, Deck, Hot Tub
  • Foundation Details: Pier & Post, Caisson/Piling

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Schools

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

Lot Info

  • Parcel #: 155-140-058
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2025
Sold by
Gillespie John W and Orlean Susan C
Bought by
Gillespie Orlean Family Revocable Trust and Gillespie
Current Estimated Value
$4,562,087

Purchase Details

Closed on
Jan 15, 2021
Sold by
Gardenia Blue Llc
Bought by
Gillespie John W and Orlean Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,100
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2016
Sold by
Alta Management Services
Bought by
Gardenia Blue Llc

Purchase Details

Closed on
Oct 26, 2005
Sold by
Sutherland Toni L
Bought by
Alta Management Services Llc

Purchase Details

Closed on
May 13, 2005
Sold by
Mcmenamin Rory L
Bought by
Sutherland Toni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2004
Sold by
Baumgartner William Louis
Bought by
Mcmenamin Rory L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 9, 1994
Sold by
Baumgartner William Louis
Bought by
Baumgartner William Louis

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
9.1%
Source: Public Records

Range of Values:

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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
Gillespie Orlean Family Revocable Trust -- None Listed On Document
Gillespie John W $2,900,000 First American Title Company
Gardenia Blue Llc -- None Available
Alta Management Services Llc -- Fidelity National Title Co
Sutherland Toni L $2,042,500 Fidelity National Title Co
Mcmenamin Rory L -- Equity Title Company Santa B
Baumgartner William Louis -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillespie John W $1,000,000
Previous Owner Gillespie John W $1,000,100
Previous Owner Sutherland Toni L $1,500,000
Previous Owner Mcmenamin Rory L $1,000,000
Previous Owner Baumgartner William Louis $100,000
Previous Owner Bauxgarther William Louis $800,000
Previous Owner Baumgartner William Louis $654,500
Previous Owner Baumgartner William Louis $545,000
Previous Owner Baumgartner William Louis $500,000
Closed Mcmenamin Rory L $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $2,930,000 -9.8% $1,665 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
10/12/2020 10/12/20 For Sale $3,250,000 -- $1,847 / 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 $32,427 $2,701,954 $2,056,620 $645,334
2023 $32,427 $3,017,160 $1,976,760 $1,040,400
2022 $31,406 $2,958,000 $1,938,000 $1,020,000
2021 $27,917 $2,630,246 $2,317,972 $312,274
2020 $16,345 $1,530,000 $1,239,000 $291,000
2019 $16,131 $1,530,000 $1,239,000 $291,000
2018 $17,070 $1,610,000 $1,304,000 $306,000
2017 $17,109 $1,610,000 $1,304,000 $306,000
2016 $16,332 $1,533,000 $1,242,000 $291,000
2014 $14,016 $1,366,000 $1,107,000 $259,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jason Siemens

    Sotheby's International Realty

    (805) 455-1165

    3 in this area

    41 Total Sales

    Jason Siemens
    Section Image

  • J

    Buyer's Agent in 2021

    Josiah Hamilton

    Berkshire Hathaway HomeServices California Properties

    (805) 284-8835

    5 in this area

    68 Total Sales

    Josiah Hamilton
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3993

Santa Barbara Multiple Listing Service

APN: 155-140-058

California Santa Barbara County Santa Barbara 93013 Toro Canyon

428 Toro Canyon Rd, Santa Barbara, CA

This home is located at 428 Toro Canyon Rd, Santa Barbara, CA 93108 since 12 October 2020 and is currently estimated at $4,562,087, approximately $2,592 per square foot. This property was built in 1974. 428 Toro Canyon Rd is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, The Howard School, and Crane Country Day School.

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