$3,600,000
SOLD NOV 5, 2024

704 N Refugio Rd Santa Ynez, CA 93460

4 Beds
4 Baths
2,992 Sq Ft
9.67 Acres

Recently Sold

$1,203 Per Sq Ft

3% Below List Price

363 Days on Market

Highlights

  • Additional Residence on Property
  • Horses Allowed in Community
  • Updated Kitchen
  • Santa Ynez Elementary School Rated A-
  • Panoramic View
  • 9.67 Acre Lot

About This Home

As of November 2024

Experience the epitome of California ranch style living on this captivating 9.67-Acre family compound or quality investment. Nestled amidst the serene beauty of the Santa Ynez Valley, this exceptional property is a testament to comfort, versatility, and breathtaking natural surroundings. Offering a multi-generational home, the main house with panoramic views of rolling vineyards and the majestic mountains sits above the second residence, offering abundant space for family and friends or investment opportunities. This estate also offers a zoning designation that opens the door to potential future development with one-acre parcel zoning. Step into a world of quintessential ranch living as you enter the main house, where natural tones complement the beautiful vaulted wood-beamed ceilings designed for both comfort and expansive views. The sprawling main house invites you with a wonderful floor plan, seamlessly integrating the living, dining, and kitchen areas. The remodeled kitchen has stainless steel appliances, gorgeous cabinetry, and views for inspiration, perfect for gourmet cooking and casual gatherings. Walls of large picturesque windows grace the rooms, with brilliant sunlight pouring into the home and enjoying the landscape of lush vineyards and awe-inspiring views. The living room, adorned with a cozy fireplace, provides an inviting space to relax, entertain, and revel in the natural beauty. This main house offers multiple well-appointed bedrooms and bathrooms,including a sumptuous master suite with it's private patio, allowing you to wake up to the splendor of sunrise over the valley. Abundant storage space and modern amenities cater to the needs of a contemporary family. Beyond the main house, a second residence awaits, offering additional living space for family and friends, or the potential for rental income. This versatile dwelling is a charming retreat, equipped with its own kitchen, living area, bedrooms, and bathrooms. It provides the perfect space for extended family visits or as a separate oasis for guests to enjoy. The property opens up endless possibilities for outdoor enjoyment. Wander through the natural landscaped gardens, and take in the views from various vantage points strategically placed throughout the grounds. The vast acreage ensures privacy and tranquility abound. For those with grand visions, this property is a canvas ready for future development. Zoned for one-acre parcels, it presents an enticing opportunity making it ideal for investors or those seeking to customize their dream estate. The heart of Santa Ynez Valley combines luxury, natural beauty, and unlimited potential. From the breathtaking views to the versatile living spaces, this property exemplifies the quintessential California wine country lifestyle. Whether you envision it as a private haven for your family or an investment opportunity, this estate is a once-in-a-lifetime chance to own a piece of paradise.

Last Agent to Sell the Property

Patty Castillo

Sotheby's International Realty License #01917216 Listed on: 05/16/2024

Last Buyer's Agent

Patty Murphy

Sotheby's International Realty License #00766586

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,941

Year Built

  • Built in 1959

Lot Details

  • 9.67 Acre Lot
  • Partially Fenced Property
  • Lawn
  • Property is in good condition
  • Property is zoned E-1

Parking

  • 3 Car Detached Garage

Property Views

  • Panoramic
  • Peek-A-Boo
  • Mountain

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,992 Sq Ft Home
  • Cathedral Ceiling
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio

Additional Homes

  • Additional Residence on Property

Location

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

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 141-380-026

Community Details

Overview

  • No Home Owners Association
  • Valley

Amenities

  • Restaurant

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,941

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Directions: Hwy 246 South on Refugio. Property on east side.
  • Prop. Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Valley
  • Architectural Style: Ranch
  • Reso Flooring: Laminate, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other, Second Residence
  • Reso Property Condition: Good
  • Property Information Year Built2: 1959
  • Property Information Apx # Acres: 9.67
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • WaterSewer Pvt Wtr Sys: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: 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
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Exterior BrickStone: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Second Residence2: Yes
  • Amenities Horses2: Yes
  • Amenities Second Residence: Yes
  • ParkingGarage Detached: Yes
  • FlrWdw Coverings Laminate2: Yes
  • Appliances Included Electric Range2: Yes
  • Site Improvements Cable TV3: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • LocationTopo Valley2: Yes
  • View PartialFiltered2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 3.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range, Built-In Electric Oven, Dishwasher, Disposal, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial/Filtered, Panoramic
  • Construction Type: Wood Siding, Brick/Stone
  • Acres: 9.67
  • Topography: Valley
  • Exterior Features: Deck, Patio Open, Lawn, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Pvt Wtr Sys
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 141-380-026
  • Zoning: E-1
  • Lot Size Sq Ft: 421225.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Dec 3, 2024
Sold by
Sorensen Jill Hartvig and Malmuth David Louis
Bought by
Mysa Ranch Llc
Seller's Agent
Patty Castillo
Sotheby's International Realty
Buyer's Agent
Patty Murphy
Sotheby's International Realty
List Price
$3,695,000
Sold Price
$3,600,000
Premium/Discount to List
-$95,000
-2.57%
Views
276
Current Estimated Value
$3,906,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,913
Avg. Annual Appreciation
6.15%

Purchase Details

Listed on
May 16, 2024
Closed on
Oct 3, 2024
Sold by
Mgm Cdd Llc
Bought by
Sorensen Jill Hartvig and Malmuth David Louis
Seller's Agent
Patty Castillo
Sotheby's International Realty
Buyer's Agent
Patty Murphy
Sotheby's International Realty
List Price
$3,695,000
Sold Price
$3,600,000
Premium/Discount to List
-$95,000
-2.57%
Views
276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 24, 2023
Sold by
Petersen Llc
Bought by
Mgm Cdd Llc
Seller's Agent
Allan S. Jones
Santa Ynez Valley Real Estate
Buyer's Agent
Allan S. Jones
Santa Ynez Valley Real Estate
List Price
$3,997,000
Sold Price
$3,250,000
Premium/Discount to List
-$747,000
-18.69%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Jun 23, 2015
Sold by
Petersen Betty Jaeger and Petersen John E
Bought by
Petersen Llc

Purchase Details

Closed on
Feb 26, 2015
Sold by
Petersen John E
Bought by
Petersen Llc

Purchase Details

Closed on
Dec 31, 2003
Sold by
Petersen Properties
Bought by
Santa Ynez Valley Properties Lp
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $3,600,000 First American Title
Grant Deed $3,250,000 Chicago Title Company
Quit Claim Deed -- None Available
Grant Deed -- None Available
Grant Deed $680,000 None Available
Grant Deed -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,980,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Sold $3,600,000 -2.6% $1,203 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $3,695,000 0.0% $1,235 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/04/2024 04/04/24 Price Changed $3,695,000 +2.8% $1,235 / Sq Ft
02/14/2024 02/14/24 Price Changed $3,595,000 +2.9% $1,202 / Sq Ft
12/06/2023 12/06/23 Price Changed $3,495,000 -1.5% $1,168 / Sq Ft
11/03/2023 11/03/23 Price Changed $3,550,000 -3.9% $1,186 / Sq Ft
09/30/2023 09/30/23 For Sale $3,695,000 +13.7% $1,235 / Sq Ft
06/01/2023 06/01/23 Sold $3,250,000 -12.0% $1,086 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $3,695,000 -7.6% $1,235 / Sq Ft
03/08/2023 03/08/23 For Sale $3,997,000 0.0% $1,336 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
08/30/2022 08/30/22 Price Changed $3,997,000 -6.9% $1,336 / Sq Ft
08/08/2022 08/08/22 Price Changed $4,295,000 -4.4% $1,435 / Sq Ft
07/13/2022 07/13/22 Price Changed $4,495,000 -5.4% $1,502 / Sq Ft
06/16/2022 06/16/22 For Sale $4,750,000 -- $1,588 / 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 $35,941 $3,600,000 $1,750,000 $1,850,000
2023 $35,941 $1,637,925 $1,043,184 $594,741
2022 $17,652 $1,605,810 $1,022,730 $583,080
2021 $17,398 $1,574,325 $1,002,677 $571,648
2020 $17,153 $1,558,183 $992,396 $565,787
2019 $16,790 $1,527,632 $972,938 $554,694
2018 $16,529 $1,497,679 $953,861 $543,818
2017 $16,247 $1,468,313 $935,158 $533,155
2016 $15,680 $1,439,523 $916,822 $522,701
2015 $14,587 $1,385,804 $906,103 $479,701
2014 $14,301 $1,358,659 $888,354 $470,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2944

Santa Barbara Multiple Listing Service

APN: 141-380-026