$14,047,500
SOLD AUG 28, 2015

550 Freehaven Dr Santa Barbara, CA 93108

5 Beds
6.5 Baths
9,000 Sq Ft
21.5 Acres

Recently Sold

$1,561 Per Sq Ft

21% Below List Price

575 Days on Market

Highlights

  • Ocean View
  • 21.5 Acre Lot
  • Maid or Guest Quarters
  • Pool House
  • Fruit Trees
  • Multiple Fireplaces

About This Home

As of October 2023

Incomparable ocean, island & mtn views envelope this stunning 21+/- acre ridge top estate. Luxuriously built in 2007 w/ custom arch. details & exceptional quality throughout. Main residence w/ 1st fl master, sumptuous guest suites, pool/guest house, wine cellar, 4+ car garage & ample onsite parking. Spectacular gardens, stone patios & outdoor dining terraces overlook Montecito’s picturesque coast.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 01/17/2014

Last Buyer's Agent

Ryan Strehlow

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $213,657

Year Built

  • Built in 2007

Lot Details

  • 21.5 Acre Lot
  • Gated Home
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 9,000 Sq Ft Home
  • 2-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
  • Home Gym
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Double Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Uncovered Parking

Pool

  • Pool House
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System

Listing and Financial Details

  • Exclusions: Chandelier
  • Assessor Parcel Number 005-030-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$213,657

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: East Valley Road to Freehaven Drive.
  • Prop. Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Monitored, Gate:Elec, Security Camera, Security System, Smoke Detector(s)
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2007
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 21.5
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: 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
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Rooms Exercise Room2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Security Security Camera2: Yes
  • WaterSewer Pvt Well In: Yes
  • FlrWdw Coverings Stone2: Yes
  • WaterSewer Septic In: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Security Monitored2: Yes
  • WaterSewer AG Water Avail: Yes
  • GroundsLandscaping Pool House2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Disposal, Double Oven
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Dining Room, 2+, LR
  • Total Bedrooms: 11
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Panoramic
  • Construction Type: Stucco
  • Acres: 21.5
  • Exclusions: Chandelier
  • Exterior Features: Pool, Pool House, Patio Open, Patio Covered, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Raised, Caisson/Piling

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #4, Unc #4, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Radiant Floor
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: AG Water Avail, Private, Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: 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 #: 005-030-041
  • Zoning: Other
  • Lot Size Sq Ft: 936540.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Oct 2, 2023
Sold by
Doshay Family Trust
Bought by
Tina Moss Family Trust and Moss
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
List Price
$21,750,000
Sold Price
$20,350,000
Premium/Discount to List
-$1,400,000
-6.44%
Views
727
Current Estimated Value
$14,356,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,993,731
Avg. Annual Appreciation
-19.41%

Purchase Details

Closed on
Sep 28, 2020
Sold by
Doshay Glenn R and Doshay Karen E
Bought by
Hummingbird Rock Ranch Investments Llc

Purchase Details

Listed on
Jan 17, 2014
Closed on
Aug 25, 2015
Sold by
Kimsey William L and Kimsey Nancy A
Bought by
The Doshay Family Trust Of 1999
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Ryan Strehlow
Coldwell Banker Realty
List Price
$17,750,000
Sold Price
$14,047,500
Premium/Discount to List
-$3,702,500
-20.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.46%

Purchase Details

Closed on
Oct 15, 2002
Sold by
Kimsey William L and Kimsey Nancy A
Bought by
Kimsey William L and Kimsey Nancy A

Purchase Details

Closed on
Jul 5, 2000
Sold by
East Montecito Mutual Water Company Inc
Bought by
Drown Daniel H

Purchase Details

Closed on
Jun 7, 2000
Sold by
Drown Daniel H
Bought by
Kimsey William L and Kimsey Nancy A
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $20,350,000 Chicago Title Company
Quit Claim Deed -- Chicago Title
Grant Deed $14,047,500 Chicago Title Company
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Grant Deed -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,000,000 New Conventional
Previous Owner $8,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $825,000 New Conventional
Previous Owner $845,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $20,350,000 -6.4% $2,861 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $21,750,000 +54.8% $3,058 / Sq Ft
08/28/2015 08/28/15 Sold $14,047,500 -20.9% $1,561 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
01/16/2014 01/16/14 For Sale $17,750,000 -- $1,972 / 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 $213,657 $20,744,760 $7,561,260 $13,183,500
2023 $213,657 $16,106,360 $5,806,274 $10,300,086
2022 $166,876 $15,790,550 $5,692,426 $10,098,124
2021 $163,392 $15,480,932 $5,580,810 $9,900,122
2020 $161,778 $15,322,195 $5,523,586 $9,798,609
2019 $158,615 $15,021,763 $5,415,282 $9,606,481
2018 $156,132 $14,727,219 $5,309,100 $9,418,119
2017 $152,281 $14,328,450 $5,100,000 $9,228,450
2016 $149,659 $14,047,500 $5,000,000 $9,047,500
2015 $179,221 $16,775,500 $4,851,000 $11,924,500
2014 $156,278 $15,250,000 $4,410,000 $10,840,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-146

Santa Barbara Multiple Listing Service

APN: 005-030-041