$13,000,000
SOLD MAY 20, 2025
6 Beds
5.5 Baths
6,085 Sq Ft
5.5 Acres

Recently Sold

$2,136 Per Sq Ft

19% Below List Price

817 Days on Market

Highlights

  • Ocean View
  • Tennis Courts
  • Property is near an ocean
  • Vieja Valley Elementary School Rated A
  • Spa
  • Custom Home

About This Home

As of May 2025

Truly exceptional one-of-a-kind property! Panoramic ocean, island, coastline & mountain views from expansive, level homesite. Two parcels in prime Hope Ranch location on private and usable 5.5 acres. Single-level home opening North and South to breathtaking views. Lighted tennis court, detached guest quarters/office with half bath, gated driveway, motor court, & garages for 6 cars. Abundant room for pool, horses, gardens, ADU, and a second home on lower parcel with separate private drive.Aesthetic fixer with unlimited possibilities!

Last Agent to Sell the Property

Randy Solakian Estates Group

Coldwell Banker Realty License #00622258 / 01895788 / 02066982 Listed on: 05/21/2025

Coldwell Banker Realty

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $99,480

Year Built

  • Built in 1963

Lot Details

  • 5.5 Acre Lot
  • Rural Setting
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in good condition

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • Garage

Property Views

  • Ocean
  • Island
  • Coastline
  • Panoramic
  • Mountain

Home Design

  • Estate
  • Custom Home
  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Fireplace
  • Family Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Outdoor Features

  • Spa
  • Property is near an ocean
  • Tennis Courts

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 063-062-028
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include security
  • $1,200 HOA Transfer Fee
  • 25 Hope Ranch Subdivision

Recreation

  • Tennis Courts

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$99,480

Year Built

Built in 1963

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Association Fee: $4,559.11 Annually
  • Association Transfer Fee: $1200
  • Prop. Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Rural
  • ResoSecurityFeatures: Gate:Elec, Patrol
  • Reso Association Amenities: Tennis Court(s), Security
  • Reso Association Fee Includes: Security
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Custom Built, Traditional, Ranch, Estate
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Good
  • Property Information Year Built2: 1963
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 5.5
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Security GateElec: Yes
  • Style Estate2: Yes
  • Exterior BrickStone: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Condition Good2: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • ParkingGarage Detached: Yes
  • Style Custom Built: Yes
  • Laundry Gas Hookup2: Yes
  • AssocPark Amenities Security: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Fee Incl Security2: Yes
  • LocationTopo Rural2: Yes
  • ParkingGarage Gar #6: Yes
  • Architectural Style Traditional: Yes
  • Security Patrol2: Yes
  • Laundry 220V Elect2: Yes
  • Fireplace(s) 24: Yes
  • Status Information Seller Concessions3: Yes
  • CondoCO-OPPUD Association Transfer Fee: 1200.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • View: Mountain(s), Islands, Coastline, Ocean, Panoramic
  • Construction Type: Wood Siding, Brick
  • Acres: 5.5
  • Topography: Rural, Level
  • Exterior Features: Tennis Court(s), SPA-Outside, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #6, Attached, Detached

Utilities

  • Water Source: La Cumb Wtr

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 063-062-028
  • Zoning: Other
  • Lot Size Sq Ft: 239580.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
May 14, 2025
Sold by
Hodson Simon Knight and Hodson Peggy Jean
Bought by
Oakview Estate Llc
Seller's Agent
Randy Solakian Estates Group
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$16,000,000
Sold Price
$13,000,000
Premium/Discount to List
-$3,000,000
-18.75%
Current Estimated Value
$8,676,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,323,706
Avg. Annual Appreciation
-77.63%

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 21, 2019
Sold by
Hild Robert Louis and Hild Adell
Bought by
Hodson Simon Knight and Hodson Peggy Jean
Seller's Agent
Linda Lorenzen
Coldwell Banker Realty
Buyer's Agent
Linda Lorenzen
Coldwell Banker Realty
List Price
$11,500,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,000,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$7,350,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Grant Deed $13,000,000 Chicago Title Company
Grant Deed $14,300 Chicago Title Company
Grant Deed $10,500,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $12,000,000 Commercial
Previous Owner $7,350,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $13,000,000 0.0% $2,136 / Sq Ft
01/31/2025 01/31/25 Off Market $13,000,000 -- --
01/03/2025 01/03/25 For Sale $16,000,000 0.0% $2,629 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $16,000,000 +23.1% $2,629 / Sq Ft
06/06/2024 06/06/24 Off Market $13,000,000 -- --
05/27/2024 05/27/24 Price Changed $16,000,000 -13.5% $2,629 / Sq Ft
10/21/2023 10/21/23 Price Changed $18,500,000 -17.8% $3,040 / Sq Ft
06/09/2023 06/09/23 For Sale $22,500,000 +73.1% $3,698 / Sq Ft
06/05/2023 06/05/23 Off Market $13,000,000 -- --
11/18/2022 11/18/22 For Sale $22,500,000 0.0% $3,698 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $22,500,000 +114.3% $3,698 / Sq Ft
05/15/2019 05/15/19 Sold $10,500,000 -8.7% $1,696 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $11,500,000 -- $1,857 / 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 $99,480 $9,481,909 $5,019,835 $4,462,074
2023 $99,480 $9,113,716 $4,824,909 $4,288,807
2022 $95,982 $8,935,016 $4,730,303 $4,204,713
2021 $92,521 $8,759,820 $4,637,552 $4,122,268
2020 $91,539 $8,670,000 $4,590,000 $4,080,000
2019 $20,910 $1,998,387 $609,154 $1,389,233
2018 $20,500 $1,959,204 $597,210 $1,361,994
2017 $20,079 $1,920,789 $585,500 $1,335,289
2016 $19,575 $1,883,127 $574,020 $1,309,107
2014 $19,060 $1,818,508 $554,323 $1,264,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-3100

Santa Barbara Multiple Listing Service

APN: 063-062-028