NOT LISTED FOR SALE

Estimated Value: $6,884,000 - $12,809,623

5 Beds
4.5 Baths
5,120 Sq Ft
$1,846/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $10,000,000 $1,953 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $62,429/month

1,000 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Stables
  • Vieja Valley Elementary School Rated A
  • Horse Facilities
  • Outdoor Pool

About This Home

As of May 2018

Hope Ranch ocean front bluff top, approx. 13 acres, with approx. 4,900 sqft adobe style home, offers 5bd/4.5ba with additional living space onsite and pool. Approx 399' of bluff top footage. One of the last truly original ocean view properties, this home can be enjoyed in its beautifully preserved state or transformed into a spectacular residential compound.

Last Agent to Sell the Property

Suzanne Perkins

Sotheby's International Realty Listed on: 07/17/2015

Co-Listed By

Cherie Delisle

Sotheby's International Realty

Last Buyer's Agent

Edith Radloff

Rodeo Realty License #01895219

Rodeo Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 12.99 Acre Lot
  • Fenced
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in average condition

Property Views

  • Ocean
  • Panoramic

Home Design

  • Ranch Style House
  • Adobe Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Wood Siding

Interior Spaces

  • 5,120 Sq Ft Home
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Security System
  • Laundry Room
  • Basement

Kitchen

  • Double Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • Detached Garage
  • Uncovered Parking

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Horse Facilities and Amenities

  • Groom or Foreman Quarters
  • Stables

Utilities

  • Forced Air Heating System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 063-150-006

Community Details

Overview

  • 2 Units
  • 25 Hope Ranch Subdivision

Recreation

  • Horse Facilities
  • Horses Allowed in Community

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

12.99 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: sir06
  • Co List Office Phone: 805-963-1391
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Adobe, Ranch
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Stable(s), Employee Quarters
  • Reso Property Condition: Average, Fair
  • Property Information Year Built2: 1963
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 12.99
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Tile3: Yes
  • Exterior BrickStone: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • GroundsLandscaping Horse Facility2: Yes
  • Other Buildings Stable2: Yes
  • Other Buildings Employee Quarters2: Yes
  • ViewOcean: Yes
  • Amenities Horses2: Yes
  • ParkingGarage Detached: Yes
  • Pets Yes: Yes
  • Condition Fair2: Yes
  • Foundation Raised: Yes
  • Style Adobe3: Yes
  • Condition Average2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Double Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Other, 2+, LR
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • View: Ocean, Panoramic
  • Construction Type: Wood Siding, Brick/Stone, Other
  • Acres: 12.99
  • Topography: Level
  • Exterior Features: Pool, Deck, Patio Open, Hot Tub, Horse Facility, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Unc #4, Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 063-150-006
  • Zoning: Other
  • Lot Size Sq Ft: 565844.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Apr 30, 2018
Sold by
Pelissero Silsby S and Pelissero Godwin J
Bought by
Pelissero Silsby S and Pelissero Godwin J
Seller's Agent
Suzanne Perkins
Sotheby's International Realty
Buyer's Agent
Edith Radloff
Rodeo Realty
List Price
$19,500,000
Sold Price
$10,000,000
Premium/Discount to List
-$9,500,000
-48.72%
Current Estimated Value
$9,452,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$547,459
Avg. Annual Appreciation
-0.71%

Purchase Details

Listed on
Jul 17, 2015
Closed on
Apr 23, 2018
Sold by
Powers Kathleen
Bought by
Terrill Chris
Seller's Agent
Suzanne Perkins
Sotheby's International Realty
Buyer's Agent
Edith Radloff
Rodeo Realty
List Price
$19,500,000
Sold Price
$10,000,000
Premium/Discount to List
-$9,500,000
-48.72%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Pelissero Silsby S and Pelissero Godwin J
Bought by
Pelissero Silsby S and Pelissero Godwin J
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

Date Buyer Sale Price Title Company
Pelissero Silsby S $10,000,000 Chicago Title Co
Terrill Chris -- Chicago Title Co
Pelissero Silsby S -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2018 05/03/18 Sold $10,000,000 -48.7% $1,953 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
07/17/2015 07/17/15 For Sale $19,500,000 -- $3,809 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $143,024 $15,867,834 $10,240,463 $5,627,371
2023 $143,024 $11,422,397 $9,842,814 $1,579,583
2022 $113,477 $10,559,253 $9,649,818 $909,435
2021 $111,065 $10,511,784 $9,460,606 $1,051,178
2020 $109,885 $10,404,000 $9,363,600 $1,040,400
2019 $106,615 $10,200,000 $9,180,000 $1,020,000
2018 $9,504 $892,166 $581,893 $310,273
2017 $9,266 $874,674 $570,484 $304,190
2016 $9,058 $857,525 $559,299 $298,226
2014 $8,822 $828,100 $540,107 $287,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2450

Santa Barbara Multiple Listing Service

APN: 063-150-006

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