NOT LISTED FOR SALE

700 Riven Rock Rd Montecito, CA 93108

Estimated Value: $5,636,000 - $6,526,221

2.52 Acres
$2,395,532 Price per Acre
109,771 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $4,850,000

Est. 24% increase in value since last sale

Current estimated payment $36,714/month

209 Days on Market

Highlights

  • Ocean View
  • Santa Barbara Senior High School Rated A-
  • 2.52 Acre Lot

About This Lot

As of June 2021

Incredibly rare opportunity to build the home of your dreams on this special 2.5 acre parcel in the heart of Montecito's 'Golden Quadrangle'. Expansive panoramic views and World Class location in unison with stunning architectural plans. Building entitlements are in place with plans to build a 5500 sqft main house with a separate pool house and garage (see conceptual renderings). A private well on the property offers an added level of independence. Current design and permitting is done by world-class architect/builder Studio Willam Hefner. New owner can continue with current plans or re-design according to taste. Romantic estate lots like this do not come along often. The opportunity to create something special in one of Montecito's most idyllic settings.

Last Agent to Sell the Property

Eric Haskell

The Agency License #01866805 Listed on: 05/05/2021

The Agency

Last Buyer's Agent

Eric Haskell

The Agency

Property Details

Property Type

  • Land

Lot Details

  • 2.52 Acre Lot
  • Property is zoned E-3

Property Views

  • Ocean
  • Mountain

Schools

  • Mont Union Elementary School
  • See Remarks Middle School
  • See Remarks High School

Listing and Financial Details

  • Assessor Parcel Number 011-090-050

Property Details

Property Type

Land

Lot Details

2.52 Acres

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • Property Information Apx # Acres: 2.52
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: See Remarks
  • NeighborhoodSchools High School: See Remarks
  • View Mountain(s)2: Yes
  • ViewOcean: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Ocean
  • Acres: 2.52

Schools

  • Elementary School: Mont Union
  • High School: See Remarks
  • Middle Or Junior School: See Remarks

Lot Info

  • Parcel #: 011-090-050
  • Zoning: E-3
  • Lot Size Sq Ft: 109771.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 21, 2021
Sold by
Rautiola Norman and Norman A Rautiola Revocable Li
Bought by
Hummingbird Sage Llc
Seller's Agent
Eric Haskell
The Agency
Buyer's Agent
Eric Haskell
The Agency
List Price
$4,950,000
Sold Price
$4,850,000
Premium/Discount to List
-$100,000
-2.02%
Current Estimated Value
$6,036,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,186,740
Avg. Annual Appreciation
4.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hummingbird Sage Llc $4,850,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $4,850,000 -2.0% --
05/25/2021 05/25/21 Pending -- -- --
10/28/2020 10/28/20 For Sale $4,950,000 -- --
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 $53,469 $5,709,795 $5,649,795 $60,000
2023 $53,469 $5,045,940 $5,045,940 $0
2022 $51,700 $4,947,000 $4,947,000 $0
2021 $24,851 $2,352,289 $2,352,289 $0
2020 $24,583 $2,328,170 $2,328,170 $0
2019 $23,648 $2,282,520 $2,282,520 $0
2018 $23,186 $2,237,765 $2,237,765 $0
2017 $22,794 $2,193,888 $2,193,888 $0
2016 $21,466 $2,083,371 $2,083,371 $0
2014 $20,848 $2,011,880 $2,011,880 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Haskell

    Seller's Agent in 2021

    Eric Haskell

    The Agency

    (805) 570-7243

    23 in this area

    77 Total Sales

    Eric Haskell
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4235

Santa Barbara Multiple Listing Service

APN: 011-090-050

California Santa Barbara County Montecito 93108

700 Riven Rock Rd, Montecito, CA

Not Listed for Sale

Lots

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