$5,800,000
SOLD MAR 19, 2024

602 Parra Grande Ln Montecito, CA 93108

3 Beds
3.5 Baths
2,411 Sq Ft
0.38 Acres

Recently Sold

$2,406 Per Sq Ft

6% Below List Price

40 Days on Market

Highlights

  • Fruit Trees
  • Mountain View
  • Loft
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of March 2024

Nestled among the serene streets of Montecito lies the beautifully historic carriage house recently transformed into a 3bd, single-level home, with a private studio. As a weekend residence, downsize, pied-à-terre, or entry into the MUS school district, this remodeled home exudes charm and ease. An open floor plan with vaulted ceilings connects effortlessly to the large south facing patio and its adjacent citrus orchard. The primary suite features a large walk in closet and a designated office. Two additional bedrooms share a bath and a den. Tranquil outdoor spaces and beautifully updated finishes throughout create a wonderful backdrop to enjoy the best of Montecito. Whether you want to lock and leave or stay and settle in, you'll love everything this property has to offer!

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 01/23/2024

Last Buyer's Agent

Amanda Lee

Village Properties - C & H

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,792

Year Built

  • Built in 1915

Lot Details

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

Parking

  • Attached Garage

Home Design

  • Cottage
  • Flat Roof Shape
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,411 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Mountain Views
  • Home Security System

Kitchen

  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

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
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 011-180-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,792

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Directions: Olive Mill Road to Hot Springs Road. Left on East Valley Road, right on Parra Grande Lane.
  • Prop. Type: Residential
  • Year Built: 1915
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1915
  • Property Information Apx # Acres: 0.38
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 2411.0
  • Rooms Office3: Yes
  • Roof:Tile2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Foundation Raised: Yes
  • Dining In Living Room2: Yes
  • Rooms Loft2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Dryer, Gas Stove, Washer, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Other Rooms:Great Room: Yes

Exterior Features

  • Roof: Tile, Flat
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 0.38
  • Topography: Level
  • Exterior Features: Patio Open, Lawn, Fruit Trees
  • Foundation Details: Raised
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

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

Schools

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

Lot Info

  • Parcel #: 011-180-059
  • Zoning: R-1
  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Mar 12, 2024
Sold by
Northwood Shores Trust
Bought by
Hunter Family Trust and Hunter
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Amanda Lee
Village Properties - C & H
List Price
$6,200,000
Sold Price
$5,800,000
Premium/Discount to List
-$400,000
-6.45%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$3,000,000
Outstanding Balance
$2,958,765
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$3,674,364

Purchase Details

Closed on
Mar 30, 2021
Sold by
Keller Robert A and Tempest Keller Nicole
Bought by
Keller Robert A and Tempest Nicole S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2021
Closed on
Jan 12, 2021
Sold by
Tolles Thomas W and Tolles Kristen B
Bought by
Keller Robert A and Tempest Keller Nicole
Seller's Agent
Mary Whitney
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ashley Anderson & Paul Hurst
Berkshire Hathaway HomeServices California Properties
List Price
$3,525,000
Sold Price
$3,525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%

Purchase Details

Closed on
Aug 21, 2009
Sold by
Riparian Research Corporation
Bought by
Tolles Thomas W and Tolles Kristen B

Purchase Details

Closed on
Mar 9, 2009
Sold by
Nordlund Richard J
Bought by
Riparian Research Corporation
Source: Public Records

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Range of Values:

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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 $5,800,000 Chicago Title Company
Interfamily Deed Transfer -- Orange Coast Ttl Co Of Nocal
Grant Deed $3,525,000 Fidelity National Title Co
Grant Deed -- Lawyers Title Company
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $6,495,000 0.0% --
07/01/2025 07/01/25 For Sale $6,495,000 0.0% --
06/27/2025 06/27/25 For Sale $6,495,000 -4.4% --
06/26/2025 06/26/25 Off Market $6,795,000 -- --
05/27/2025 05/27/25 Price Changed $6,795,000 -2.9% --
05/24/2025 05/24/25 Pending -- -- --
03/05/2025 03/05/25 Price Changed $6,995,000 -5.4% --
01/17/2025 01/17/25 For Sale $7,395,000 +27.5% --
03/19/2024 03/19/24 Sold $5,800,000 -6.5% $2,406 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $6,200,000 +14.3% $2,572 / Sq Ft
04/11/2022 04/11/22 Sold $5,425,000 -1.4% $2,259 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $5,500,000 +56.0% $2,291 / Sq Ft
01/26/2021 01/26/21 Sold $3,525,000 0.0% $1,468 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $3,525,000 0.0% $1,468 / Sq Ft
06/13/2020 06/13/20 Rented $12,000 0.0% --
06/13/2020 06/13/20 For Rent $12,000 -- --
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
2023 $59,792 $5,154,000 $1,900,000 $3,254,000
2022 $38,773 $3,595,500 $1,785,000 $1,810,500
2021 $24,171 $2,186,157 $1,192,517 $993,640
2020 $23,943 $2,163,742 $1,180,290 $983,452
2019 $23,432 $2,121,317 $1,157,148 $964,169
2018 $23,002 $2,079,723 $1,134,459 $945,264
2017 $22,537 $2,038,945 $1,112,215 $926,730
2016 $21,847 $1,998,966 $1,090,407 $908,559
2014 $21,022 $1,930,373 $1,052,991 $877,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-257

Santa Barbara Multiple Listing Service

APN: 011-180-059