Seller's Agent in 2021
Robert Riskin
Village Properties
(805) 698-0199
13 in this area
199 Total Sales
605/607 Cowles Rd Montecito, CA 93108
Eucalyptus Hill NeighborhoodEstimated Value: $1,695,000 - $19,003,228
5
Beds
7
Baths
--
Sq Ft
5.06
Acre Lot
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
Outdoor Features
- Pool House
- Deck
Schools
- Cold Spring Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- 1-Story Property
- Additional Residence on Property
- Property is near schools
- Sewer Stub Out
Listing and Financial Details
- Assessor Parcel Number 013-180-019
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2023
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Mar 22, 2021
Closed on
Jul 2, 2021
Sold by
Bought by
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
-16.94%
Purchase Details
Listed on
Mar 22, 2021
Closed on
May 3, 2021
Sold by
Bought by
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
Bought by
Purchase Details
Listed on
Mar 17, 2017
Closed on
Jul 10, 2017
Sold by
Bought by
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
0.27%
Purchase Details
Closed on
Jun 16, 2003
Sold by
Bought by
Purchase Details
Closed on
Oct 14, 1997
Sold by
Bought by
Purchase Details
Closed on
Apr 4, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $18,000,000 | Chicago Title Company | ||
| -- | None Listed On Document | ||
| $15,499,000 | Chicago Title | ||
| -- | None Available | ||
| $4,000,000 | Chicago Title Company | ||
| -- | -- | ||
| -- | -- | ||
| -- | Equity Title Company | ||
| -- | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,405,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $191,208 | $18,727,200 | $18,311,040 | $416,160 |
| 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
22 Total Sales
-
S
Buyer Co-Listing Agent in 2017
Scott Westlotorn
Sotheby's International Realty
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 21-1035
APN: 013-180-019
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