NOT LISTED FOR SALE

690 Picacho Ln Santa Barbara, CA 93108

Estimated Value: $6,437,000 - $36,423,562

8 Beds
10 Baths
12,896 Sq Ft
$1,662/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $21,500,000 $1,667 Per Sq Ft

Current estimated payment $136,523/month

Highlights

  • Ocean View
  • Guest House
  • Tennis Courts
  • Santa Barbara Senior High School Rated A-
  • Greenhouse
  • Art Studio

About This Home

As of June 2015

Grand French provincial estate situated on approx. 9 acres with panoramic ocean and island views. Main residence is approx. 12,896 square feet and offers 5bd & 5.5ba, media room, office, study, and attached four-car garage. 2b/1b Guest house, pool, cabana, tennis court, gazebo, lawn and orchards, and an extraordinary greenhouse can also be used as an art studio or gym.

Last Agent to Sell the Property

Suzanne Perkins

Sotheby's International Realty Listed on: 03/13/2015

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 9 Acre Lot
  • Gated Home
  • Lot Has A Rolling Slope
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-3

Property Views

  • Ocean
  • Mountain

Home Design

  • Estate
  • Raised Foundation
  • Slate Roof
  • Stucco

Interior Spaces

  • 12,896 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Game Room
  • Art Studio
  • Sun or Florida Room
  • Home Gym
  • Home Security System
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Parking

  • Direct Access Garage
  • Uncovered Parking

Pool

  • Pool House
  • Outdoor Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Deck
  • Patio
  • Greenhouse
  • Gazebo

Additional Homes

  • Guest House

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 011-140-034

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

9 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 2001
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Rolling Slope
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Architectural Style: Estate
  • Reso Flooring: Carpet, Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Greenhouse
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2001
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 9.0
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Rolly2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Pvt Well In: Yes
  • FlrWdw Coverings Stone2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Foundation Raised: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Rooms Theatre2: Yes
  • ParkingGarage Unc #33: Yes
  • Roof Slate2: Yes
  • Other Buildings Greenhouse2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Rooms Game Room3: Yes
  • GroundsLandscaping Pool House2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplace Features: Primary Bedroom, Dining Room, 2+, Gas, LR
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Slate
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Acres: 9.0
  • Topography: Rolly
  • Exterior Features: Tennis Court(s), Pool, Pool House, Deck, Patio Open, SPA-Outside, Gazebo, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #4, Unc #3, Interior Access, Attached, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Radiant Floor
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: Yes

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 011-140-034
  • Zoning: E-3
  • Lot Size Sq Ft: 392040.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2016
Sold by
Glazer Edward S and Glazer Shari P
Bought by
The Glazer Community Property Trust
Current Estimated Value
$21,430,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,822,000
Outstanding Balance
$11,606,241
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$9,824,040

Purchase Details

Closed on
Mar 29, 2015
Sold by
Lukas Fredric and Lukas Joyce E
Bought by
The Glazer Community Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 1998
Sold by
Picacho Corte Llc
Bought by
Lukas Frederic and Lukas Joyce E

Purchase Details

Closed on
Dec 23, 1996
Sold by
Fam Youngsblood J and Fam Youngsblood J
Bought by
Picacho Corte Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Glazer Community Property Trust -- Fidelity National Title Co
The Glazer Community Property Trust $21,500,000 Chicago Title Company
Lukas Frederic -- Chicago Title Co
Picacho Corte Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Glazer Community Property Trust $14,822,000
Previous Owner The Glazer Community Property Trust $15,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2015 06/02/15 Sold $21,500,000 -2.3% $1,667 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $22,000,000 -- $1,706 / 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 $264,094 $25,839,781 $14,422,204 $11,417,577
2023 $264,094 $24,836,392 $13,862,173 $10,974,219
2022 $255,130 $24,349,405 $13,590,366 $10,759,039
2021 $249,765 $23,871,967 $13,323,889 $10,548,078
2020 $247,299 $23,627,190 $13,187,269 $10,439,921
2019 $240,772 $23,163,913 $12,928,696 $10,235,217
2018 $236,084 $22,709,720 $12,675,193 $10,034,527
2017 $232,007 $22,264,432 $12,426,660 $9,837,772
2016 $225,029 $21,827,875 $12,183,000 $9,644,875
2015 $184,025 $17,810,387 $7,300,766 $10,509,621
2014 -- $17,461,508 $7,157,755 $10,303,753
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Suzanne Perkins

    Sotheby's International Realty

  • Robert Riskin

    Buyer's Agent in 2015

    Robert Riskin

    Village Properties

    (805) 698-0199

    137 in this area

    208 Total Sales

    Robert Riskin
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-811

Santa Barbara Multiple Listing Service

APN: 011-140-034

California Santa Barbara County Santa Barbara 93108

690 Picacho Ln, Santa Barbara, CA

Not Listed for Sale

Detached

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