NOT LISTED FOR SALE

540 Mclean Ln Santa Barbara, CA 93108

Estimated Value: $8,531,000 - $10,698,377

3 Beds
5.5 Baths
5,962 Sq Ft
$1,574/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $5,000,000 $839 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $55,888/month

197 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Estate
  • Santa Barbara Senior High School Rated A-
  • Gated with Attendant
  • Golf Course View

About This Home

As of November 2019

This singular nearly 6,000 square foot Montecito residence rests on close to three-quarters of an acre at the end of a quiet cul de sac in prestigious Birnam Wood. Surrounded by sprawling lawn, lovely gardens and majestic trees, the home is imbued with an ambiance of subdued sophistication. Impressive front doors are flanked by panes of leaded glass and open to a dramatic foyer with inlaid stone floor. Two sets of Tuscan columns introduce the living room, with its salon parquet floor, tray ceiling, fireplace with stone mantel, and French doors to the rear patio and gardens. The elegant formal dining room also features a parquet floor, tray ceiling, and French doors. The room's fireplace is of carved wood and adds a distinctly European sensibility. The kitchen and family room unite in a Great Room. The kitchen features abundant cabinetry, a large and versatile center island and high-end appliances, while the family room offers a soaring cathedral ceiling, sets of French doors to the grounds, and a fireplace flanked by built-in entertainment center-friendly shelving.

Two wonderful master bedroom suites grace this exceptional home, and an intimate study hosts its own fireplace as well as floor-to-ceiling bookcases.

This classic residence is surrounded by lawns, mature trees, a charming rose garden and the private course of the Birnam Wood Golf Club. There are stunning mountain views, and convenience to world-class amenities such as Montecito's Upper Village shops and dining, spectacular beaches and award-winning schools.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 04/02/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

The Morehart Group

Compass License #00828316 / 01130349 / 02025980 / 01319565

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,838

Year Built

  • Built in 1993

Lot Details

  • 0.71 Acre Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Property Views

  • Golf Course
  • Mountain

Home Design

  • Estate
  • Slab Foundation
  • Stucco

Interior Spaces

  • 5,962 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Library
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • Detached Garage
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 007-520-007

Community Details

Overview

  • Property has a Home Owners Association
  • 10 Birnam Wood Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,838

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1993
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Gate:Guard
  • Reso Association Amenities: Other, Tennis Court(s), Clubhouse, Golf Course, Security, Gym
  • Subdivision Name: 10 - Birnam Wood
  • Architectural Style: Estate
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1993
  • Property Information Apx # Acres: 0.71
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • ParkingGarage Gar #33: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Carpet: Yes
  • ParkingGarage Detached: Yes
  • Rooms LbryStudy: Yes
  • Security GateGuard: Yes
  • AssocPark Amenities Security: Yes
  • AssocPark Amenities Clubhouse: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Amenities Golf Course3: Yes
  • AssocPark Amenities Gym: Yes
  • ParkingGarage Unc #22: Yes
  • View Golf Course5: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, Other, 2+, LR

Exterior Features

  • View: Mountain(s), Setting, Golf Course
  • Construction Type: Stucco
  • Acres: 0.71
  • Exterior Features: Patio Open, Lawn, Fruit Trees
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gar #3, Unc #2, Detached

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 007-520-007
  • Zoning: Other
  • Lot Size Sq Ft: 30927.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Nov 17, 2019
Sold by
Rogers Ocie Jean M and Rogers Anthony D
Bought by
Shuman Stephanie and Stephanie Shubman Revocable Tr
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
The Morehart Group
Compass
List Price
$5,750,000
Sold Price
$5,000,000
Premium/Discount to List
-$750,000
-13.04%
Total Days on Market
197
Current Estimated Value
$8,929,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,929,945
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Nov 21, 2013
Sold by
Rogers Ocie Jean M and Rogers Anthony D
Bought by
Rogers Ocie Jean M and Rogers Anthony D

Purchase Details

Closed on
Jul 1, 2008
Sold by
Rogers J Ben and Rogers Jean
Bought by
Rogers Julius Ben and Rogers Ocie Jean M

Purchase Details

Closed on
May 24, 2006
Sold by
Rogers J Ben and Rogers Jean
Bought by
Rogers Julius Ben and Rogers Ocie Jean M

Purchase Details

Closed on
Dec 1, 2005
Sold by
Schlosser Phillip D and Schlosser Elaine M
Bought by
Rogers J Ben and Rogers Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2004
Sold by
Bevan Bruce A and Bevan Sharon Brown
Bought by
Schlosser Phillip D and Schlosser Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,340,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1997
Sold by
Will Richeson and Henrietta Mary
Bought by
Bevan Bruce A and Bevan Sharon Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.14%
Source: Public Records

Range of Values:

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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
Shuman Stephanie $5,000,000 Chicago Title Company
Rogers Ocie Jean M -- None Available
Rogers Julius Ben -- Lawyers Title
Rogers Julius Ben -- None Available
Rogers J Ben -- Chicago Title Company
Schlosser Phillip D -- Lawyers Title Company
Bevan Bruce A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rogers J Ben $1,925,000
Previous Owner Schlosser Phillip D $2,340,000
Previous Owner Bevan Bruce A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $5,000,000 -13.0% $839 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $5,750,000 -- $964 / 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 $78,838 $7,568,448 $1,911,217 $5,657,231
2023 $78,838 $7,274,557 $1,837,003 $5,437,554
2022 $50,350 $4,642,312 $1,781,964 $2,860,348
2021 $54,487 $5,051,800 $1,717,612 $3,334,188
2020 $53,309 $5,000,000 $1,700,000 $3,300,000
2019 $50,079 $4,704,256 $2,021,359 $2,682,897
2018 $49,126 $4,612,017 $1,981,725 $2,630,292
2017 $48,218 $4,521,586 $1,942,868 $2,578,718
2016 $46,756 $4,432,928 $1,904,773 $2,528,155
2014 $45,240 $4,280,812 $1,839,411 $2,441,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1089

Santa Barbara Multiple Listing Service

APN: 007-520-007