$5,450,000
SOLD MAR 29, 2021
3 Beds
4 Baths
2,450 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$2,224 Per Sq Ft

9% Above List Price

11 Days on Market

Highlights

  • Ocean Front
  • Solar Power System
  • LEED For Homes Platinum Status
  • Ventura High School Rated A-
  • Updated Kitchen
  • Deck

About This Home

As of March 2021

At the end of a private road on a quiet stretch of beach between Los Angeles and Santa Barbara sits ''3 Palms'', a beachfront home expertly designed to showcase the best of sustainability and luxury. A true net-zero build, the home's combination of energy efficiency, solar and recycling systems help it produce as much energy as it uses, making it one of the most remarkable green homes ever built in California. Showcasing unique architectural features; huge sliding glass doors, polished concrete flooring, high-end cabinetry and appliances, and smart home capabilities, this contemporary home features many modern furnishings custom-made specifically for the home. Bathed in natural light with access to beachfront patio spaces, the great room has a cozy reading nook, and ultra-modern kitchen. Boasting gorgeous, unobstructed ocean views, the well-appointed primary bedroom is a peaceful respite from any of life's stresses, and features a walk-in closet, a stunning bathroom with a standalone soaking tub, and separate steam shower. The private second bedroom also has a fabulous ocean view. Additional bedrooms offer full bathrooms and comfortable space for family and guests. Nothing was overlooked. Whether you're basking in the soothing ocean breezes, strolling the mile and a half stretch beautiful sandy beach, and sharing spectacular sunsets at the end of each day, life is better at 3 Palms. A Coldwell Banker Global Luxury property.

Last Agent to Sell the Property

Jon Perkins

Coldwell Banker Realty Listed on: 02/26/2021

Co-Listed By

Katherine Walsh

Coldwell Banker Realty

Last Buyer's Agent

Katherine Walsh

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,138

Year Built

  • Built in 2013

Lot Details

  • 3,485 Sq Ft Lot
  • Ocean Front
  • Level Lot
  • Irrigation
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces

Property Views

  • Ocean
  • Beach
  • Panoramic

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Fireplace
  • Double Pane Windows
  • Den
  • Home Security System

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • <<builtInOvenToken>>
  • <<builtInRangeToken>>
  • <<microwave>>
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Radiant Floor
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • LEED For Homes Platinum Status
  • Energy-Efficient Insulation
  • Solar Power System
  • Solar Water Heater

Outdoor Features

  • Property is near an ocean
  • Deck
  • Fireplace in Patio
  • Patio
  • Built-In Barbecue

Utilities

  • Heating Available
  • Tankless Water Heater
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 060-0-082-435

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,138

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Directions: Beachfront between Santa Barbara and Ventura
  • Prop. Type: Residential
  • Year Built: 2013
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Level, Waterfront, Oceanfront
  • ResoSecurityFeatures: Security Camera, Security System
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Reso Accessibility Features: Other
  • Architectural Style: Contemporary
  • Reso Flooring: Concrete, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2013
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.08
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • Property Information Main House SqFt: 2450.0
  • Construction Two Story2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Dining Breakfast Area2: Yes
  • Security Security Camera2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • ParkingGarage Total # Uncovered Spaces: 3.0
  • View Beach2: Yes
  • Laundry In Unit2: Yes
  • Appliances Included Low Flow Fixtures2: Yes
  • Amenities High R-Value Insul: Yes
  • Amenities Solar PV2: Yes
  • Appliances Included Energy Star Applianc: Yes
  • Pets Yes: Yes
  • Rooms:Den: Yes
  • LocationTopo Oceanfront2: Yes
  • Fireplace(s) Patio3: Yes
  • ParkingGarage Unc #33: Yes
  • Appliances Included Central Vac2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • FlrWdw Coverings Concrete2: Yes
  • Appliances Included Solar Hot Wtr: Yes
  • Construction LEED Platinum: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater, Oven/Rnge/Blt-In, Central Vac, Dishwasher, Disposal, Dryer, Energy Star Applianc, Low Flow Fixtures, Microwave, Solar Hot Wtr, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Patio
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Flat
  • View: Beach, Ocean, Panoramic
  • Construction Type: Stucco
  • Acres: 0.08
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Deck, Patio Open, Yard Irrigation PRT, Drought Tolerant LND
  • Foundation Details: Mixed, Caisson/Piling
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features: Gar #2, Unc #3

Utilities

  • Heating: Radiant Floor
  • HeatingYN: Yes
  • Heating:Radiant Floor: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 060-0-082-435
  • Zoning: R-1
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 23, 2021
Sold by
Cranston Bryan L and Dearden Robin
Bought by
Gonda Louis L and Louis L Gonda Family Trust
Seller's Agent
Jon Perkins
Coldwell Banker Realty
Buyer's Agent
Katherine Walsh
Coldwell Banker Realty
List Price
$4,995,000
Sold Price
$5,450,000
Premium/Discount to List
$455,000
9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Feb 26, 2013
Sold by
Cranston Bryan L and Dearden Robin
Bought by
Cranston Bryan L and Dearden Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,086,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2010
Sold by
Dearden Robin and Breakers Way Trust
Bought by
Cranston Bryan L and Dearden Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Duggan Martha Patricia and M Pat Duggan Survivors Trust
Bought by
Dearden Robin and Breakers Way Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2007
Sold by
Duggan Martha Patricia and T P Empire Revocable Trust
Bought by
Duggan Martha Patricia and M Pat Duggan Survivors Trust

Purchase Details

Closed on
Jul 24, 2003
Sold by
Duggan Martha Patricia
Bought by
Levenson Howard Terrence and Duggan Martha Patricia

Purchase Details

Closed on
Jun 19, 1998
Sold by
The Pat Duggan Revocable Trust
Bought by
Duggan Martha Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.06%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Duggan Martha P
Bought by
Duggan Martha Patricia and The Pat Duggan Revocable Trust

Purchase Details

Closed on
Apr 11, 1997
Sold by
Kildebeck John
Bought by
Duggan Martha Patricia
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 $5,450,000 First American Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- Stewart Title Of California
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,086,500 New Conventional
Previous Owner $1,125,000 New Conventional
Previous Owner $1,875,000 Purchase Money Mortgage
Previous Owner $695,000 Unknown
Previous Owner $700,000 Unknown
Previous Owner $700,000 Unknown
Previous Owner $420,000 Unknown
Previous Owner $420,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2025 05/03/25 For Sale $7,900,000 +45.0% $3,224 / Sq Ft
03/29/2021 03/29/21 Sold $5,450,000 +9.1% $2,224 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $4,995,000 -- $2,039 / 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
2024 $66,138 $5,783,583 $3,759,329 $2,024,254
2023 $65,023 $5,670,180 $3,685,617 $1,984,563
2022 $60,423 $5,559,000 $3,613,350 $1,945,650
2021 $39,985 $3,607,698 $2,912,371 $695,327
2020 $39,488 $3,570,708 $2,882,509 $688,199
2019 $38,586 $3,500,695 $2,825,990 $674,705
2018 $37,802 $3,432,055 $2,770,579 $661,476
2017 $36,864 $3,364,760 $2,716,254 $648,506
2016 $36,012 $3,298,786 $2,662,995 $635,791
2015 $34,194 $3,111,000 $2,336,000 $775,000
2014 $30,579 $2,771,000 $2,081,000 $690,000
Source: Public Records

Agents Affiliated with this Home

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Source: Santa Barbara Multiple Listing Service

MLS Number: 21-704

Santa Barbara Multiple Listing Service

APN: 060-0-082-435