$5,796,231 - $6,214,000
RENTED JAN 24, 2025
4 Beds
5 Baths
4,074 Sq Ft
$1,474 Price per Sq Ft

Last Sold November 07, 2013

Last sale price $3,350,000 $822 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $35,509/month

Highlights

  • Spa
  • Updated Kitchen
  • Deck
  • Cold Spring Elementary School Rated A
  • Mountain View
  • Contemporary Architecture

About This Home

As of January 2025

Gated and private, this sophisticated and elegant lightly furnished contemporary-style home offers stunning mountain views, vaulted ceilings, oak floors, teak and mahogany appointments, and a gourmet kitchen with great room, fireplace, and plentiful storage. The main level offers generous public rooms, a spacious primary suite and guest bedroom, outdoor dining area with barbecue, and an expansive view deck. The lower level has two guest bedrooms, media room / office with half bath, and entertainment terrace with inviting fire pit, pool, and spa under one electronic cover. Mature trees add to the parklike setting. Located in Montecito's Cold Springs School District.

Last Agent to Rent the Property

Lori Bowles

Sotheby's International Realty License #01961570 Listed on: 09/14/2024

Co-Listed By

Dana Zertuche

Sotheby's International Realty License #01465425

Last Renter's Agent

The Easter Team

Berkshire Hathaway HomeServices California Properties License #00917775

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,175

Year Built

  • Built in 1956

Lot Details

  • Gated Home
  • Back Yard Fenced
  • Irrigation
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • Detached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,074 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Deck
  • Fireplace in Patio
  • Patio
  • Outdoor Grill

Location

  • Property is near schools

Utilities

  • Central Air
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Property Available on 9/12/24
  • Assessor Parcel Number 013-180-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,175

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Other
  • Co List Office Mls Id: SIR14
  • Co List Office Phone: 805-969-4755
  • Architectural Style: Contemporary
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2024-09-12
  • Property Information Total Bathrooms2: 5.0
  • ParkingGarage Detached2: Yes
  • View Mountain(s): Yes
  • View Setting: Yes
  • GroundsLandscaping BBQ: Yes
  • GroundsLandscaping Deck: Yes
  • GroundsLandscaping Fenced Back: Yes
  • Dining Dining Area: Yes
  • Appliances Included Gas Range: Yes
  • Fireplace(s) Living Room: Yes
  • Furnishings Fully Furnished: Yes
  • Furnishings Internet: Yes
  • Property Information Year Built3: 1956
  • GroundsLandscaping Patio Open: Yes
  • GroundsLandscaping Pool3: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Proximity Near School(s): Yes
  • Security Secrurity System: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Construction Two Story: Yes
  • Security Smoke Detector(s): Yes
  • Rooms Ground Floor Bedroom: Yes
  • Dining Breakfast Area: Yes
  • Amenities Cathedral Ceilings: Yes
  • Amenities Remodeled Bath: Yes
  • Amenities Remodeled Kitchen: Yes
  • FlrWdw Coverings Tile: Yes
  • Pets No: Yes
  • HeatingCooling AC Central: Yes
  • FlrWdw Coverings Hardwood: Yes
  • Security Gate Electric: Yes
  • ParkingGarage Gar #13: Yes
  • Rooms DenLibraryStudy: Yes
  • GroundsLandscaping Drought Tolerant LND: Yes
  • Fireplace(s) Patio: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Appliances: Gas Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Patio
  • Appliances Included:Dryer: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • View: Mountain(s), Setting
  • Exterior Features: Yard Irrigation PRT, BBQ, Deck, Drought Tolerant LND, Fenced Back, Patio Open, Pool, Spa - Outside

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1

Association/Amenities

  • Amenities:Skylight: Yes

Lot Info

  • Parcel #: 013-180-017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2013
Closed on
Nov 5, 2013
Sold by
Fristoe David L and Fristoe Ann P
Bought by
Ekka Investment Corp
Seller's Agent
Philippa Davis
Village Properties
Buyer's Agent
Becky Swift
Sotheby's International Realty
List Price
$3,990,000
Sold Price
$3,350,000
Premium/Discount to List
-$640,000
-16.04%
Current Estimated Value
$6,005,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,655,058
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Dec 7, 2005
Sold by
Fristoe David L and Fristoe Ann P
Bought by
Fristoe David L and Fristoe Ann P

Purchase Details

Closed on
Sep 22, 2003
Sold by
Corrigan Michael E and Corrigan Laura Bear
Bought by
Fristoe David L and Fristoe Ann P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
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
Ekka Investment Corp $3,350,000 Chicago Title Company
Fristoe David L -- None Available
Fristoe David L -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fristoe David L $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2025 01/24/25 Rented $25,000 0.0% --
01/24/2025 01/24/25 Rented $25,000 0.0% --
10/26/2024 10/26/24 Price Changed $25,000 0.0% $6 / Sq Ft
10/26/2024 10/26/24 Price Changed $25,000 -16.7% $6 / Sq Ft
09/14/2024 09/14/24 For Rent $30,000 0.0% --
09/14/2024 09/14/24 For Rent $30,000 0.0% --
11/07/2013 11/07/13 Sold $3,350,000 -16.0% $822 / Sq Ft View Prior Sale
11/04/2013 11/04/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $3,990,000 -- $979 / 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 $45,175 $4,265,634 $2,267,842 $1,997,792
2023 $45,175 $4,099,996 $2,179,780 $1,920,216
2022 $43,603 $4,019,605 $2,137,040 $1,882,565
2021 $42,704 $3,940,790 $2,095,138 $1,845,652
2020 $41,989 $3,900,383 $2,073,655 $1,826,728
2019 $41,477 $3,823,906 $2,032,996 $1,790,910
2018 $40,693 $3,748,929 $1,993,134 $1,755,795
2017 $39,932 $3,675,421 $1,954,053 $1,721,368
2016 $38,434 $3,575,041 $1,915,739 $1,659,302
2014 $36,162 $3,350,000 $1,850,000 $1,500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-3051

Santa Barbara Multiple Listing Service

APN: 013-180-017