NOT LISTED FOR SALE

705 Oak Grove Dr Santa Barbara, CA 93108

Estimated Value: $8,419,000 - $10,191,134

6 Beds
8 Baths
4,563 Sq Ft
$2,019/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $6,845,000 $1,500 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $55,617/month

11 Days on Market

Highlights

  • Outdoor Pool
  • View of Trees or Woods
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Deck

About This Home

As of March 2021

Set amongst mature oak trees on this bucolic, private and gated .97 acres sits a beautiful Montecito modern farmhouse estate.
Completely renovated and reimagined in 2016, this home offers comfortable sophistication with an ideal one story floor plan that will appeal to a variety of buyers.
The main house offers 3 large ensuite bedrooms, all with French doors to enjoy beautiful patios and garden settings. The gracious master suite has dual walk in closets, a luxurious master bath with soaking tub, an oversized spa shower, a temperature controlled floor, custom finishes and built ins. An additional 2 rooms in the main house provide versatility to use as a bedroom, an office or home gym. The grand foyer leads to a large and inviting great room. With walls of French doors opening onto both the generous wrap around veranda and resort like pool, spa,
fire pit and entertaining patio with a grand Montecito view.
Formal dinning room, gourmet kitchen with banquet dinning, walk in pantry, and Dutch door leading to the kitchen garden that will inspire and create memorable dinning.
A Santa Barbara sandstone fireplace welcomes you to the family room reminiscent of a cottage at the famed San Ysidro Ranch.
Also on the estate is a historic, charming, converted barn offering 2 additional spacious guests suites. Adjacent to the barn is a rustic outdoor gourmet kitchen and a Provence style dinning and entertaining set amongst mature oak trees.
This home has exceptional builder material and designer finishes, with beautiful wide plank French oak floors throughout, high beamed ceilings, and countless French doors. And for the car collector there is an attached 8 car garage.
This private and relaxing estate, surrounded by award winning landscaping, commands you to enjoy a Santa Barbara indoor/outdoor lifestyle.

Last Agent to Sell the Property

Michele White

Compass License #01930309 Listed on: 02/14/2021

Compass

Co-Listed By

Lindsay Semler

Compass License #02007433

Last Buyer's Agent

Randy Solakian Estates Group

Coldwell Banker Realty License #00622258 / 01895788 / 02066982

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,086

Year Built

  • Built in 2016

Lot Details

  • 0.97 Acre Lot
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Ranch Style House
  • Cottage
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,563 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Remodeled Bathroom

Outdoor Features

  • Outdoor Pool
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 007-110-078

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,086

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Directions: 101 to San Ysidro Right on E Valley Left on Oak Grove house on Left.
  • Prop. Type: Residential
  • Year Built: 2016
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Co List Office Mls Id: COMPCA
  • Co List Office Phone: 805-253-7700
  • Architectural Style: Cal Cottage, Ranch
  • Reso Flooring: Hardwood, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story, Outside Stairs
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2016
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.97
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: 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 Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 4563.0
  • View Wooded3: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Wooded4: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ParkingGarage Gar #6: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Gas, LR

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Setting, Wooded
  • Construction Type: Wood Siding, Stucco
  • Acres: 0.97
  • Topography: Level
  • Exterior Features: Pool, Deck, Patio Open, Patio Covered, Lawn, Fruit Trees, Wooded, Fenced: ALL
  • Foundation Details: Slab
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #6, Attached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Mont Wtr

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 007-110-078
  • Zoning: R-1
  • Lot Size Sq Ft: 42253.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2021
Closed on
Mar 22, 2021
Sold by
Phillips James M and Phillips Linda Hilchey
Bought by
Day Kelly and Kelly Day Trust
Seller's Agent
Michele White
Compass
Buyer's Agent
Randy Solakian Estates Group
Coldwell Banker Realty
List Price
$6,845,000
Sold Price
$6,845,000
Current Estimated Value
$9,059,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,214,043
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Feb 19, 2020
Sold by
Phillips James M and Phillips Linda Hllchey
Bought by
Phillips James M and Phillips Linda Hilchey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2016
Closed on
Apr 23, 2016
Sold by
Phillips James M
Bought by
Phillips Linda Hilchey
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Michele White
Berkshire Hathaway HomeServices California Properties
List Price
$4,650,000
Sold Price
$4,300,000
Premium/Discount to List
-$350,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 2, 2016
Closed on
Apr 20, 2016
Sold by
Hilchey Phillips Jr James M and Hilchey Phillips Linda
Bought by
Hilchey Phillips Jr James M and Hilchey Phillips Linda
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Michele White
Berkshire Hathaway HomeServices California Properties
List Price
$4,650,000
Sold Price
$4,300,000
Premium/Discount to List
-$350,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 2, 2016
Closed on
Apr 19, 2016
Sold by
Keane John and Chvatal Cynthia
Bought by
Hilchey Phillips Jr James M and Hilchey Phillips Linda
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Michele White
Berkshire Hathaway HomeServices California Properties
List Price
$4,650,000
Sold Price
$4,300,000
Premium/Discount to List
-$350,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 2, 2016
Closed on
Apr 18, 2016
Sold by
Phillips Linda Hilchey
Bought by
Phillips James M
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Michele White
Berkshire Hathaway HomeServices California Properties
List Price
$4,650,000
Sold Price
$4,300,000
Premium/Discount to List
-$350,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2014
Sold by
Gerlach Inken and Rudd Charles R
Bought by
The Keane Family Trust
Source: Public Records

Range of Values:

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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
Day Kelly $6,845,000 Chicago Title Company
Phillips James M -- Accommodation
Phillips James M -- Wfg National Title Ins Co
Phillips Linda Hilchey -- Chicago Title Company
Hilchey Phillips Jr James M -- Chicago Title Company
Hilchey Phillips Jr James M $4,300,000 Chicago Title Company
Phillips James M -- Chicago Title Company
The Keane Family Trust $4,230,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Kelly $5,476,000
Previous Owner Phillips James M $2,450,000
Previous Owner Hilchey Phillips Jr James M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $6,845,000 0.0% $1,500 / Sq Ft
03/31/2021 03/31/21 Sold $6,845,000 0.0% $1,500 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/22/2021 02/22/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $6,845,000 0.0% $1,500 / Sq Ft
02/11/2021 02/11/21 For Sale $6,845,000 +59.2% $1,500 / Sq Ft
05/03/2016 05/03/16 Sold $4,300,000 -7.5% $978 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $4,650,000 +9.9% $1,058 / Sq Ft
09/10/2014 09/10/14 Sold $4,230,429 -0.5% --
09/10/2014 09/10/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $4,250,000 -- --
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 $75,086 $7,409,247 $3,463,782 $3,945,465
2023 $75,086 $7,121,538 $3,329,280 $3,792,258
2022 $72,396 $6,981,900 $3,264,000 $3,717,900
2021 $48,690 $4,702,675 $2,952,843 $1,749,832
2020 $44,545 $4,300,000 $1,800,000 $2,500,000
2019 $44,358 $4,563,193 $2,865,261 $1,697,932
2018 $46,148 $4,473,720 $2,809,080 $1,664,640
2017 $45,364 $4,386,000 $2,754,000 $1,632,000
2016 $44,941 $4,380,568 $2,795,943 $1,584,625
2015 $44,359 $4,314,769 $2,753,946 $1,560,823
2014 $19,959 $1,928,767 $1,305,902 $622,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-523

Santa Barbara Multiple Listing Service

APN: 007-110-078