NOT LISTED FOR SALE

Estimated Value: $5,120,510 - $5,307,000

4 Beds
5 Baths
3,094 Sq Ft
$1,688/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $4,250,000 $1,374 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $32,065/month

27 Days on Market

Highlights

  • Art Studio
  • Panoramic View
  • Reverse Osmosis System
  • Cold Spring Elementary School Rated A
  • Custom Home
  • Fruit Trees

About This Home

As of June 2022

Welcome to the lifestyle of your dreams! This Spanish Santa Barbara Classic is located just adjacent to Montecito's grandest historic estate and the majestic Lotusland. You'll be enchanted by the incredible mountain views, the gorgeous architecture, and all the special touches this property has to offer.

This home was custom built in 1989 and boasts 3100 +- square feet of living space. It's stately enough for entertaining guests but cozy enough for quiet family time. It's located in the coveted Cold Springs School District, making it perfect for families with children, as well as those who simply love being close to nature. The main level offers two spacious bedrooms with a full bath and powder room for guests, including a large office. The primary bedroom boasts spectacular views of the mountains and French doors that open out onto a private deck. Just imagine how you will savor those quiet moments from your suite with French doors that lead out to a private covered patio where you can soak in the sun or watch the stars at night. Downstairs, you'll find two additional bedrooms with a separate French door entry and private deck, 1/2 bath, another office and a full bath.The second bedroom on the main level can be used as a mother-in-law suite or as a guest roomit has a private entrance and mini kitchen, so you don't have to eat cereal out of plastic bowls in front of the television as ordinary people do during your stay with relatives.

This ambient home has so much to offer! Natural light streams in through the skylights and large French doors, giving the living room and dining room a warm glow. Enjoy a cup of coffee or glass of wine on the covered cantilevered deck; you'll be mesmerized by the beautiful mountain views. Light a fire in the wood-burning fireplace (with insert), and take in the gorgeous, vaulted wood ceilings with exposed beams. The kitchen is perfect for entertaining with its spacious layout, island, and ample storage.

You'll also love the large laundry room with plenty of counter space and storageit's a great bonus workspace for folding laundry after washing it in the basin sink. There is a yoga/workout room with heat off the garage area with mountain views to find your flow while watching the sunrise.

The interior has fresh paint and updated fixtures throughout, and the home has newer AC installed five years ago. All inspections are completed and ready for your review! The landscaping is beautifully presented with evening lights and irrigation. Come see this magical gem for yourself and fall in love with the quiet sounds of nature from the numerous patios to mountain view covered porches.

Last Agent to Sell the Property

Deborah Samuel

Berkshire Hathaway HomeServices California Properties License #02119798 Listed on: 04/18/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Robert Riskin

Village Properties License #01954177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,853

Year Built

  • Built in 1989

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Drought Tolerant Landscaping
  • Property is in excellent condition
  • Property is zoned E-1

Property Views

  • Panoramic
  • Woods
  • Mountain

Home Design

  • Custom Home
  • Spanish Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,094 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Wood Burning Stove
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Library
  • Art Studio
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Water Softener is Owned
  • Sewer Stub Out
  • Cable TV Available

Community Details

  • Restaurant

Listing and Financial Details

  • Exclusions: Potted Plants
  • Assessor Parcel Number 013-180-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,853

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions: Eucalyptus Hill Rd to Cowles Rd. Property at the top of the knoll on private road on left at the top. Turn left before the large estate at the top.
  • Prop. Type: Residential
  • Year Built: 1989
  • ResoWindowFeatures: Blinds
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup
  • ResoLotFeatures: Level, Rolling Slope
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Architectural Style: Custom Built, Spanish
  • Reso Flooring: Laminate, Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1989
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • FlrWdw Coverings Blinds: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Guest Quarters2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Property Information Apx Lot SqFt: 43560.0
  • Condition Good2: Yes
  • GroundsLandscaping Wooded4: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • Fireplace(s) Wood Burning Stove2: Yes
  • ParkingGarage Total # Uncovered Spaces: 2.0
  • FlrWdw Coverings Laminate2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • Style Custom Built: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Style Spanish2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms:Den: Yes
  • Rooms LbryStudy: Yes
  • Cooling Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Oven/Bltin, Dishwasher, Disposal, Microwave, Rev Osmosis, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning Stove, Primary Bedroom, 2, Gas, LR
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Wooded, Panoramic
  • Construction Type: Stucco
  • Acres: 1.0
  • Topography: Rolly, Level
  • Exclusions: Potted Plants
  • Exterior Features: Other, Deck, Patio Covered, Fruit Trees, Wooded, Yard Irrigation T/O, Drought Tolerant LND
  • Foundation Details: Caisson/Piling

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features: Gar #2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-180-045
  • Zoning: E-1
  • Lot Size Sq Ft: 43560.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
621 Cowles Llc
Bought by
600S Cowles Road Llc
Current Estimated Value
$5,224,128

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 13, 2022
Sold by
Webb Donald E
Bought by
621 Cowles Llc
Seller's Agent
Deborah Samuel
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$5,325,000
Sold Price
$4,250,000
Premium/Discount to List
-$1,075,000
-20.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Source: Public Records

Range of Values:

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Average Value
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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
600S Cowles Road Llc $4,250,000 Chicago Title Company
621 Cowles Llc $4,250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Donald E $268,000
Previous Owner Webb Donald E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $4,250,000 0.0% $1,374 / Sq Ft
06/22/2022 06/22/22 Off Market $4,250,000 -- --
06/13/2022 06/13/22 Pending -- -- --
05/23/2022 05/23/22 Price Changed $4,550,000 -14.6% $1,471 / Sq Ft
05/17/2022 05/17/22 For Sale $5,325,000 -- $1,721 / 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 $45,853 $4,335,000 $2,754,000 $1,581,000
2023 $45,853 $4,038,000 $2,565,000 $1,473,000
2022 $4,233 $262,827 $60,535 $202,292
2021 $4,171 $257,675 $59,349 $198,326
2020 $4,124 $255,034 $58,741 $196,293
2019 $4,058 $250,035 $57,590 $192,445
2018 $4,037 $245,133 $56,461 $188,672
2017 $3,892 $240,327 $55,354 $184,973
2016 $3,700 $229,619 $54,269 $175,350
2014 $3,434 $221,741 $52,407 $169,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1179

Santa Barbara Multiple Listing Service

APN: 013-180-045