$10,475,000
SOLD AUG 7, 2020
4 Beds
7 Baths
-- Sq Ft
3.3 Acres

Recently Sold

9% Below List Price

405 Days on Market

Highlights

  • Ocean View
  • Tennis Courts
  • Property is near an ocean
  • Vieja Valley Elementary School Rated A
  • Pool House
  • 3.3 Acre Lot

About This Home

As of August 2020

Come experience the sounds of the ocean at this exclusive Hope Ranch, beach front, bluff top estate. Set on approximately 3 phenomenal appointed acres with ocean, island, and dolphin views. This exclusive adobe style home offers over 3380 sq. ft. of living space. In addition to the main house, the estate offers a 1 bedroom /1 bathroom guest house, a game room with ½ bath, an oversized 2 car garage with an office above and much more. While meandering the property you'll enjoy the resort style pool or the sport court pleasing for the tennis or volleyball enthusiast. One must not forget to mention the private beach path, fresh avocado, orange, and lemon trees. The property is truly a retreat and a rare find on Santa Barbara's Hope Ranch Coast.

Last Agent to Sell the Property

Ann Rasmussen

Coldwell Banker Realty Listed on: 01/01/2020

Last Buyer's Agent

Michael Calcagno

Berkshire Hathaway HomeServices California Properties License #01499736 / 01129919

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $118,932

Year Built

  • Built in 1953

Lot Details

  • 3.3 Acre Lot
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition
  • Property is zoned EX-1

HOA Fees

  • $214 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Adobe Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Game Room
  • Home Gym
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Video Cameras
  • Fire and Smoke Detector

Pool

  • Pool House
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Tennis Courts
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 25 Hope Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063-220-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$118,932

Year Built

Built in 1953

Lot Details

0

HOA Fees

$214 per month

Listing Details

  • Association Fee: $2562 yearly
  • Directions: Estrella to Marina turn right. The estate is on the left just past Alisa. Or, Las Palmas to Roble, to Marina and the home is on the right.
  • Prop. Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Other, Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Smoke Detector(s)
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Adobe
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story, Two
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1953
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 3.3
  • 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
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Security Security Camera2: Yes
  • GroundsLandscaping Wooded4: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • ViewOcean: Yes
  • Site Improvements Cable TV3: Yes
  • Pets Yes: Yes
  • View Other27: Yes
  • Dining In Living Room2: Yes
  • Style Adobe3: Yes
  • Rooms Game Room3: Yes
  • GroundsLandscaping Pool House2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 2

Exterior Features

  • Roof: Other
  • View: Other, Ocean, Setting
  • Construction Type: Other
  • Acres: 3.3
  • Topography: Level
  • Exterior Features: Tennis Court(s), Pool, Pool House, Patio Open, Lawn, Fruit Trees, Wooded, Drought Tolerant LND
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 063-220-031
  • Zoning: EX-1
  • Lot Size Sq Ft: 143748.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2012
Sold by
Edgecomb Maryann F
Bought by
Edgecomb Maryann F

Purchase Details

Closed on
Sep 30, 1998
Sold by
Edgecomb Maryann Frances
Bought by
Edgecomb Christopher E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.88%

Purchase Details

Closed on
Aug 26, 1998
Sold by
Carson Joan T
Bought by
Edgecomb Christopher E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.88%

Purchase Details

Closed on
Nov 29, 1994
Sold by
Carson John R and Carson Joan T
Bought by
Carson John R and Carson Joan T
Source: Public Records

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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
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title
Grant Deed -- First American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Closed $1,430,000 Adjustable Rate Mortgage/ARM
Open $3,780,000 Unknown
Closed $3,775,000 Unknown
Closed $3,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 For Sale $19,995,000 +90.9% $3,966 / Sq Ft
08/07/2020 08/07/20 Sold $10,475,000 +16015.4% --
07/20/2020 07/20/20 Pending -- -- --
07/20/2020 07/20/20 Rented -- -- --
06/20/2020 06/20/20 Under Contract -- -- --
05/30/2020 05/30/20 For Rent $65,000 0.0% --
06/11/2019 06/11/19 For Sale $11,500,000 -- --
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 $118,932 $10,898,190 $7,803,000 $3,095,190
2022 $114,750 $10,684,500 $7,650,000 $3,034,500
2021 $110,612 $10,475,000 $7,500,000 $2,975,000
2020 $75,700 $7,167,443 $4,300,468 $2,866,975
2019 $73,447 $7,026,906 $4,216,146 $2,810,760
2018 $72,008 $6,889,125 $4,133,477 $2,755,648
2017 $70,732 $6,754,045 $4,052,429 $2,701,616
2016 $68,847 $6,621,614 $3,972,970 $2,648,644
2014 $67,042 $6,394,393 $3,836,637 $2,557,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2049

Santa Barbara Multiple Listing Service

APN: 063-220-031