NOT LISTED FOR SALE

497 Drexel Dr Santa Barbara, CA 93103

Riviera Neighborhood

Estimated Value: $2,852,000 - $3,678,000

4 Beds
4 Baths
2,403 Sq Ft
$1,381/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2019

Last sale price $2,470,000 $1,028 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $20,636 / mo

1 Day on Market

Highlights

  • Ocean View
  • Guest House
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Pool House
  • Guest Quarters

About This Home

As of March 2019

This is a rare opportunity to own a unique ocean view compound on a private half acre at the end of a coveted cul-de-sac on the Upper Riviera. The light-filled single level home, private guest/pool house, separate studio and resort-like pool/spa/waterfall all showcase panoramic ocean, city & harbor views. Irresistible outdoor spaces include various view terraces, private patios & gardens, tropical landscaping and flourishing fruit trees.

Last Agent to Sell the Property

Chris Palme

Coldwell Banker Realty Listed on: 03/01/2019

Last Buyer's Agent

Brian Goldsworthy

The Channel Group

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 20,037 Sq Ft Lot
  • Partially Fenced Property
  • Fruit Trees
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Panoramic
  • City

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 2,403 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Security System
  • Laundry Room

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Guest Quarters
  • 4 Full Bathrooms

Pool

  • Pool House
  • Spa

Schools

  • Cleveland Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Tankless Water Heater

Additional Features

  • Solar Heating System
  • Fireplace in Patio
  • Guest House
  • City Lot

Community Details

  • 15 Riviera/Upper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 019-340-044

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0.46 Acres

Listing Details

  • Directions: APS to Las Alturas to Drexel.
  • Prop. Type: Residential
  • Year Built: 1971
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Security System
  • Subdivision Name: 15 - Riviera/Upper
  • Architectural Style: Other
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1971
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.46
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Property Information Apx Lot SqFt: 20037.0
  • GroundsLandscaping Fenced PRT: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • ViewOcean: Yes
  • Appliances Included OvenBltin: Yes
  • Fireplace(s) Patio3: Yes
  • View City4: Yes
  • GroundsLandscaping Pool House2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Oven/Bltin, Dishwasher
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other, 2+, LR, Patio
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Metal
  • View: Ocean, City, Panoramic
  • Construction Type: Stucco
  • Acres: 0.46
  • Exterior Features: Pool, Pool House, SPA-Outside, Fruit Trees, Fenced: PRT
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

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

Utilities

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

Association/Amenities

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

Schools

  • Elementary School: Cleveland
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 019-340-044
  • Zoning: Other
  • Lot Size Sq Ft: 20037.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Mar 21, 2019
Sold by
Bought by
Seller's Agent
Chris Palme
Coldwell Banker Realty
Buyer's Agent
Brian Goldsworthy
The Channel Group
List Price
$2,495,000
Sold Price
$2,470,000
Premium/Discount to List
-$25,000
-1%
Current Estimated Value
$3,319,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$849,231
Avg. Annual Appreciation
4.07%
Original Mortgage
$1,000,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 2015
Sold by
Bought by

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
3.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.17%

Purchase Details

Closed on
Apr 1, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Riviera, CA

  • Tiffany Dore Real Estate Agent - Village Properties

    Tiffany Dore

    Village Properties

    (805) 324-6641

    23 Total Sales

    7 in Riviera

    $2.1M - $9.1M Price Range

    Tiffany Dore
     Section Image
  • Colleen Beall Real Estate Agent - Compass

    Colleen Beall

    Compass

    (805) 243-1083

    31 Total Sales

    2 in Riviera

    $1.3M - $2.5M Price Range

    Colleen Beall
     Section Image
  • Erika Burrows Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Erika Burrows

    Berkshire Hathaway HomeServices California Properties

    (805) 303-8072

    4 Total Sales

    2 in Riviera

    $3,300,000 Price Range

    Erika Burrows
     Section Image
  • Tamra Van Order Real Estate Agent - Keller Williams Realty Santa Barbara

    Tamra Van Order

    Responds Quickly

    Keller Williams Realty Santa Barbara

    (805) 308-6428

    33 Total Sales

    1 in Riviera

    $2,651,000 Price

    Tamra Van Order
     Section Image
  • Chris Palme Real Estate Agent - Sotheby's International Realty

    Chris Palme

    Sotheby's International Realty

    (805) 262-8876

    17 Total Sales

    6 in Riviera

    $2.2M - $3.5M Price Range

    Chris Palme
     Section Image
  • Summer Knight Real Estate Agent - Sun Coast Real Estate

    Summer Knight

    Responds Quickly

    Sun Coast Real Estate

    (805) 335-6908

    142 Total Sales

    1 in Riviera

    $5,000,000 Price

    Summer Knight
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,470,000 Chicago Title Company
-- None Available
-- Chicago Title Company
-- First American Title Co
-- --
-- --
$450,000 Continental Lawyers Title Co
-- Continental Lawyers Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $991,500
Closed $1,000,000
Closed $1,000,000
Closed $1,000,000
Previous Owner $500,000
Previous Owner $475,000
Previous Owner $200,000
Previous Owner $550,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $2,470,000 -1.0% $1,028 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $2,495,000 -- $1,038 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $29,120 $2,810,434 $1,706,742 $1,103,692
2025 $28,619 $2,755,328 $1,673,277 $1,082,051
2023 $28,619 $2,648,337 $1,608,302 $1,040,035
2022 $27,612 $2,596,410 $1,576,767 $1,019,643
2021 $26,977 $2,545,500 $1,545,850 $999,650
2020 $26,699 $2,519,400 $1,530,000 $989,400
2019 $9,526 $887,020 $401,500 $485,520
2018 $9,390 $869,628 $393,628 $476,000
2017 $9,080 $852,577 $385,910 $466,667
2016 $8,907 $835,861 $378,344 $457,517
2015 $8,809 $823,306 $372,661 $450,645
2014 -- $807,180 $365,362 $441,818
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Chris Palme

    Coldwell Banker Realty

  • B

    Buyer's Agent in 2019

    Brian Goldsworthy

    The Channel Group

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-654

Santa Barbara Multiple Listing Service

APN: 019-340-044

California Santa Barbara County Santa Barbara 93103 Riviera

497 Drexel Dr, Santa Barbara, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Barbara Multiple Listing Service This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.