NOT LISTED FOR SALE

450 Lambert Rd Carpinteria, CA 93013

Estimated Value: $9,414,000 - $14,061,233

5 Beds
7 Baths
-- Sq Ft
21.62 Acres

Last Sold March 31, 2021

Last sale price $9,250,000

Est. 27% increase in value since last sale

Current estimated payment $70,268/month

295 Days on Market

Highlights

  • Ocean View
  • Barn
  • Fruit Trees
  • Guest House
  • 21.62 Acre Lot
  • Multiple Fireplaces

About This Home

As of March 2021

An emblem of the ''California Dream'', Live Oaks Ranch is a place of new beginnings and opportunity. Engrained with a century of rich history, travel back to Old California—a time when life was simpler, possibilities were boundless, and privacy was a distinctive commodity. Situated on aprx 21.62 enchanting ac at the end of a road and down a winding driveway through oak covered meadows w/ thriving avocado orchards. The main residence showcases dramatic ocean/mountain vistas w/ unrivaled coastal plain and white-water views; rarely found among estate properties. In addition to the main residence, there is a charming secondary res-part of which was the original 1800s ranch house-an additional accessory structure and a workshop. A water agreement with Montecito Water District is a substantial asset for future owners [buyer to investigate the water agreement].

Imagine a place of utmost tranquility and ethereal beauty and an elevated lifestyle defined by relaxed sophistication, all within moments of the world-famous Santa Barbara Polo Club, world-class beaches, and renowned hiking trails.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 07/14/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Lot Details

  • 21.62 Acre Lot
  • Fruit Trees
  • Wooded Lot

Parking

  • Attached Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Ranch Style House

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Private Water Source
  • Septic System

Additional Features

  • Guest House
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 005-100-024

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Ranch
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Reso Other Structures: Barn(s), Work Shop
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 21.62
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • WaterSewer Pvt Wtr Sys: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • ParkingGarage Gar #33: Yes
  • Rooms Office3: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • GroundsLandscaping Wooded4: Yes
  • Other Buildings Work Shop2: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Other Buildings Barn2: Yes
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View Other27: Yes
  • ParkingGarage Gar #6: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, 2, LR

Exterior Features

  • View: Other, Mountain(s), Ocean, Panoramic
  • Acres: 21.62
  • Exterior Features: Other, Patio Open, Patio Covered, Fruit Trees, Wooded
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Gar #6, Attached

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Pvt Wtr Sys, Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 005-100-024
  • Zoning: Other
  • Lot Size Sq Ft: 941767.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Mar 22, 2021
Sold by
Young William and Mufg Union Bank Na
Bought by
Luce Robin and Fahey Sean
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$11,750,000
Sold Price
$9,250,000
Premium/Discount to List
-$2,500,000
-21.28%
Current Estimated Value
$11,737,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,487,617
Avg. Annual Appreciation
5.15%

Purchase Details

Closed on
Jan 5, 2005
Sold by
Young Grace M
Bought by
Young Grace M

Purchase Details

Closed on
Jan 6, 2004
Sold by
Young Grace M
Bought by
Young Grace M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Luce Robin $9,250,000 Chicago Title Company
Young Grace M -- --
Young Grace M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $9,250,000 -21.3% --
03/19/2021 03/19/21 Pending -- -- --
05/28/2020 05/28/20 For Sale $11,750,000 -- --
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
2025 $105,236 $10,012,493 $6,412,702 $3,599,791
2023 $105,236 $9,623,698 $6,163,690 $3,460,008
2022 $102,839 $9,434,999 $6,042,834 $3,392,165
2021 $18,315 $1,414,145 $323,917 $1,090,228
2020 $18,164 $1,399,646 $320,596 $1,079,050
2019 $14,992 $1,372,203 $314,310 $1,057,893
2018 $14,761 $1,345,298 $308,148 $1,037,150
2017 $14,511 $1,318,920 $302,106 $1,016,814
2016 $14,266 $1,293,060 $296,183 $996,877
2014 $13,299 $1,248,690 $286,021 $962,669
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1925

Santa Barbara Multiple Listing Service

APN: 005-100-024