NOT LISTED FOR SALE

568 Toro Canyon Rd Santa Barbara, CA 93108

Toro Canyon Neighborhood

Estimated Value: $5,122,000 - $9,876,000

3 Beds
3.5 Baths
6,544 Sq Ft
$1,187/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $11,350,000 $1,734 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $50,817/month

62 Days on Market

About This Home

As of October 2022

A serene estate set on 10+ acres of pastoral grounds in Toro Canyon. Located just moments from Montecito and down the road from Carpinteria's ''Santa Claus Beach.'' Take the gentle bend in the canyon road to arrive at this eclectic farmhouse and barn that have stood, surrounded by lush gardens and mature trees, for over a century. Both have been thoughtfully updated to include all the modern amenities, while retaining the historic charm. The barn has been converted into a creative studio. Breathe in the fresh ocean air while exploring the grounds to take in the mountain and pacific views. The expansive outdoor space is ideal for horses. Green lawns surround the pool and spa creating the perfect setting for relaxation. This is an incredible opportunity to own a historic estate in this magical canyon of Santa Barbara. Land use and building permits have been issued by the county for a 1200 sqft ADU. Land use permit is approved and building permit is pending for a 900 sqft addition of a primary suite and bedroom.

Last Agent to Sell the Property

Rayni Williams

The Beverly Hills Estate License #01496786 Listed on: 07/13/2022

The Beverly Hills Estate

Co-Listed By

Branden Williams

The Beverly Hills Estate License #01774287

Last Buyer's Agent

Rayni Williams

The Beverly Hills Estate License #01496786 Listed on: 07/13/2022

The Beverly Hills Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $102,690

Year Built

  • Built in 1917

Lot Details

  • 10.06 Acre Lot
  • Property is zoned AG-Preserve

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 155-140-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$102,690

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Directions: Enter through gate at 3202 Toro Canyon Park Rd.
  • Prop. Type: Residential
  • Year Built: 1917
  • Reso Property Sub Type: Home/Estate
  • Co List Office Mls Id: BEVHES
  • Co List Office Phone: 310-626-4248
  • Property Information Year Built2: 1917
  • Property Information Apx # Acres: 10.06
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Property Information Apx Lot SqFt: 438213.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Acres: 10.06

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 155-140-068
  • Zoning: AG-Preserve
  • Lot Size Sq Ft: 438213.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 29, 2022
Sold by
Robbins Ranch Llc
Bought by
Paseo Del Mar Trust
Seller's Agent
Rayni Williams
The Beverly Hills Estate
Buyer's Agent
Rayni Williams
The Beverly Hills Estate
List Price
$13,499,000
Sold Price
$11,350,000
Premium/Discount to List
-$2,149,000
-15.92%
Current Estimated Value
$7,770,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,579,258
Avg. Annual Appreciation
-12.93%

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 16, 2019
Sold by
Neuman Harlene J
Bought by
Robbins Ranch Llc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$7,950,000
Sold Price
$6,982,000
Premium/Discount to List
-$968,000
-12.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%

Purchase Details

Listed on
Aug 14, 2018
Closed on
Aug 2, 2018
Sold by
7490 Magnolia Llc
Bought by
Neuman Harley J
Seller's Agent
Jason Siemens
Sotheby's International Realty
Buyer's Agent
Suzanne Perkins
Sotheby's International Realty
List Price
$6,700,000
Sold Price
$6,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Jan 25, 2018
Sold by
Moonflower 1031 Llc
Bought by
7490 Magnolia Llc

Purchase Details

Listed on
May 1, 2017
Closed on
Aug 4, 2017
Sold by
Es Vandyke King Helen D
Bought by
Moonflower 1031 Llc
Seller's Agent
Kerry Mormann
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jason Siemens
Sotheby's International Realty
List Price
$5,750,000
Sold Price
$3,300,000
Premium/Discount to List
-$2,450,000
-42.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$2,250,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2015
Sold by
Savin Bruce J
Bought by
Vandyke King Helen D

Purchase Details

Closed on
Dec 1, 2003
Sold by
Davidson Friley S and Savin Bruce J
Bought by
Savin Bruce J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,490,000
Interest Rate
3.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 15, 2002
Sold by
Drasdo James E
Bought by
Flannery J Roger and Flannery Lauren S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Paseo Del Mar Trust $11,350,000 Chicago Title
Robbins Ranch Llc $6,982,000 Chicago Title Company
Neuman Harley J $6,700,000 Chicago Title Co
7490 Magnolia Llc -- First American Title Co
Moonflower 1031 Llc $3,300,000 First American Title Company
Vandyke King Helen D $6,700,000 Chicago Title Company
Savin Bruce J -- Equity Title Company
Flannery J Roger $3,500,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moonflower 1031 Llc $2,250,000
Previous Owner Savin Bruce J $750,000
Previous Owner Savin Bruce J $2,700,000
Previous Owner Savin Bruce J $2,250,000
Previous Owner Savin Bruce J $1,490,000
Previous Owner Davidson Friley $68,067
Previous Owner Flannery J Roger $2,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $11,350,000 -15.9% $1,734 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $13,499,000 +93.3% $2,063 / Sq Ft
08/21/2019 08/21/19 Sold $6,982,000 -12.2% $1,067 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $7,950,000 +18.7% $1,215 / Sq Ft
08/14/2018 08/14/18 Sold $6,700,000 0.0% $3,420 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $6,700,000 +103.0% $3,420 / Sq Ft
08/11/2017 08/11/17 Sold $3,300,000 -42.6% $1,755 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
11/22/2016 11/22/16 For Sale $5,750,000 -- $3,059 / 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 $102,690 $9,883,800 $8,323,200 $1,560,600
2023 $102,690 $9,500,000 $8,000,000 $1,500,000
2022 $63,456 $5,855,681 $4,946,722 $908,959
2021 $62,161 $5,740,865 $4,849,728 $891,137
2020 $61,560 $5,682,000 $4,800,000 $882,000
2019 $58,056 $5,500,000 $4,700,000 $800,000
2018 $23,446 $2,200,000 $2,000,000 $200,000
2017 $62,683 $5,902,663 $5,177,775 $724,888
2016 $61,602 $5,786,925 $5,076,250 $710,675
2014 $17,854 $1,727,676 $1,197,641 $530,035
Source: Public Records

Agents Affiliated with this Home

  • Rayni Williams

    Seller's Agent in 2022

    Rayni Williams

    The Beverly Hills Estate

    (310) 925-9281

    2 in this area

    163 Total Sales

    Rayni Williams
    Section Image
  • Branden Williams

    Seller Co-Listing Agent in 2022

    Branden Williams

    The Beverly Hills Estate

    (310) 278-3311

    1 in this area

    196 Total Sales

    Branden Williams
    Section Image
  • Robert Riskin

    Seller's Agent in 2019

    Robert Riskin

    Village Properties

    (805) 698-0199

    8 in this area

    215 Total Sales

    Robert Riskin
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Suzanne Perkins

    Compass

  • N

    Buyer's Agent in 2019

    Non Member Agent

    Non Member Office

  • J

    Seller's Agent in 2018

    Jason Siemens

    Sotheby's International Realty

    (805) 455-1165

    3 in this area

    41 Total Sales

    Jason Siemens
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-2367

Santa Barbara Multiple Listing Service

APN: 155-140-069

California Santa Barbara County Santa Barbara 93013 Toro Canyon

568 Toro Canyon Rd, Santa Barbara, CA

This home is located at 568 Toro Canyon Rd, Santa Barbara, CA 93108 since 13 July 2022 and is currently estimated at $7,770,742, approximately $1,187 per square foot. This property was built in 1917. 568 Toro Canyon Rd is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

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