Seller's Agent in 2021
Robert Riskin
Village Properties
(805) 698-0199
15 in this area
205 Total Sales
605/607 Cowles Rd Montecito, CA 93108
Eucalyptus Hill NeighborhoodEstimated Value: $2,396,000 - $18,751,487
5
Beds
7
Baths
--
Sq Ft
220,414
Sq Ft
Highlights
- Additional Residence on Property
- Ocean View
- 5.06 Acre Lot
- Cold Spring Elementary School Rated A+
- Pool House
- Fruit Trees
About This Home
As of May 2021Montecito's most epic ocean, coastline, mountain and harbor views at the original Cowles estate site, one of the famed Hilltop Barrons. This iconic, 2 parcel, 5 acre estate site offers the most breathtaking views on all of the Central Coast and largely completed infrastructure by luxury builder, DD Ford. Permitted plans include a 5 bedroom, 9,395 sq ft main residence, 2bd/1ba guest house, pool cabana, double infinity-edge pool, tennis court, tennis pavilion/gym, and garages for 8 cars. The second parcel includes an existing 4bd home with its own pool and tennis court. The estate hosts a unique 1920s reservoir, now reimagined with an underground 53,000+ gallon cistern hidden beneath a bocce court & orchard. Seize the opportunity to custom-finish one of Montecito's best properties! The new residence is almost all single level, with the exception of a fifth bedroom/terrace that is accessed by an exterior staircase and 3-stop elevator which also accesses the subarea. The garages have space to add lifts for additional car storage.
Last Agent to Sell the Property
Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 03/22/2021
Last Buyer's Agent
Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 03/22/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 2021
Lot Details
- 5.06 Acre Lot
- Fenced
- Level Lot
- Fruit Trees
- Property is zoned E-1
Parking
- Garage
Property Views
- Ocean
- Harbor
- Panoramic
- City
- Mountain
Home Design
- Raised Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
Pool
- Pool House
- Outdoor Pool
Schools
- Cold Spring Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- 1-Story Property
- Deck
- Additional Residence on Property
- Property is near schools
- Sewer Stub Out
Listing and Financial Details
- Assessor Parcel Number 013-180-019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2023
Sold by
605 Cowles Llc
Bought by
600S Cowles Road Llc
Current Estimated Value
Purchase Details
Listed on
Mar 22, 2021
Closed on
Jul 2, 2021
Sold by
Cowles Road Trust and Caulin Brian
Bought by
605 Cowles Llc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$27,900,000
Sold Price
$19,999,000
Premium/Discount to List
-$7,901,000
-28.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.69%
Purchase Details
Listed on
Mar 22, 2021
Closed on
May 3, 2021
Sold by
Maggie Samson Marital Trust and Schneider Nicholas J
Bought by
Cowles Road Trust and Caulin
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$27,900,000
Sold Price
$19,999,000
Premium/Discount to List
-$7,901,000
-28.32%
Purchase Details
Closed on
Oct 15, 2020
Sold by
Schneider Nicholas J and Maggie Samson Trust
Bought by
Schneider Nicholas J and The Maggie Samson Marital Trus
Purchase Details
Listed on
Mar 17, 2017
Closed on
Jul 10, 2017
Sold by
Carsey Marcia L
Bought by
Schneider Nicholas J
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Maurie McGuire
Sotheby's International Realty
List Price
$12,000,000
Sold Price
$7,464,000
Premium/Discount to List
-$4,536,000
-37.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Purchase Details
Closed on
Jun 16, 2003
Sold by
Carsey Marcia L
Bought by
Carsey Marcia L
Purchase Details
Closed on
Oct 14, 1997
Sold by
Bishop John C and Bishop Jill G
Bought by
Carsey John J and Carsey Marcia L
Purchase Details
Closed on
Apr 4, 1994
Sold by
Ocean Aspect Ltd
Bought by
Bishop John C and Bishop Jill G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 600S Cowles Road Llc | $18,000,000 | Chicago Title Company | |
| 605 Cowles Llc | -- | None Listed On Document | |
| Cowles Road Trust | $15,499,000 | Chicago Title | |
| Schneider Nicholas J | -- | None Available | |
| Schneider Nicholas J | $4,000,000 | Chicago Title Company | |
| Carsey Marcia L | -- | -- | |
| Carsey Marcia L | -- | -- | |
| Carsey John J | -- | Equity Title Company | |
| Bishop John C | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bishop John C | $1,100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/10/2021 05/10/21 | Sold | $19,999,000 | 0.0% | -- | |
| 05/10/2021 05/10/21 | Sold | $19,999,000 | 0.0% | -- | View Prior Sale |
| 05/10/2021 05/10/21 | Sold | $19,999,000 | 0.0% | -- | View Prior Sale |
| 05/10/2021 05/10/21 | Sold | $19,999,000 | -28.3% | -- | View Prior Sale |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- | |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- | |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- | |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- | |
| 03/22/2021 03/22/21 | For Sale | $27,900,000 | 0.0% | -- | |
| 03/17/2021 03/17/21 | For Sale | $27,900,000 | 0.0% | -- | |
| 02/25/2021 02/25/21 | For Sale | $27,900,000 | 0.0% | -- | |
| 02/25/2021 02/25/21 | For Sale | $27,900,000 | +273.8% | -- | |
| 07/17/2017 07/17/17 | Sold | $7,464,000 | -37.8% | $2,296 / Sq Ft | View Prior Sale |
| 04/24/2017 04/24/17 | Pending | -- | -- | -- | |
| 03/21/2016 03/21/16 | For Sale | $12,000,000 | -- | $3,691 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
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 | $187,724 | $18,360,000 | $17,952,000 | $408,000 |
| 2023 | $187,724 | $13,003,959 | $10,924,200 | $2,079,759 |
| 2022 | $133,393 | $12,748,980 | $10,710,000 | $2,038,980 |
| 2021 | $86,279 | $8,255,891 | $5,248,215 | $3,007,676 |
| 2020 | $61,273 | $5,902,000 | $5,145,940 | $756,060 |
| 2019 | $53,388 | $5,100,000 | $4,947,000 | $153,000 |
| 2018 | $52,343 | $5,000,000 | $4,850,000 | $150,000 |
| 2017 | $37,601 | $3,577,171 | $3,501,509 | $75,662 |
| 2016 | $37,807 | $3,507,031 | $3,432,852 | $74,179 |
| 2015 | $37,202 | $3,454,353 | $3,381,288 | $73,065 |
| 2014 | -- | $3,386,688 | $3,315,054 | $71,634 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Riskin
-
Maurie McGuire
Buyer's Agent in 2017
Maurie McGuire
Sotheby's International Realty
(805) 403-8816
3 in this area
21 Total Sales
-
S
Buyer Co-Listing Agent in 2017
Scott Westlotorn
Coldwell Banker Realty
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 21-1035
APN: 013-180-019
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.
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
- 520 Barker Pass Rd
- 488 Barker Pass Rd
- 720 Circle Dr
- 713 Alston Rd
- 31 Cedar Ln
- 803 Cima Linda Ln
- 557 Sycamore Vista Rd
- 49 Cedar Ln
- 725 Ashley Rd
- 937 Arcady Rd
- 416 Ranchito Vista Rd
- 830 Summit Rd
- 1907 Coyote Cir
- 1903 Coyote Cir
- 1493 Sycamore Canyon Rd
- 780 Ashley Rd
- 1103 Camino Viejo
- 1103 Camino Viejo Rd
- 809 Ashley Rd
- 771 Garden Ln
Your Personal Tour Guide
Ask me questions while you tour the home.