NOT LISTED FOR SALE

705 Riven Rock Rd Santa Barbara, CA 93108

Estimated Value: $8,541,000 - $18,732,461

5 Beds
8 Baths
10,044 Sq Ft
$1,250/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $10,281,517 $1,024 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $76,415/month

532 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Pool House
  • Santa Barbara Senior High School Rated A-
  • Home Theater
  • Property is near an ocean

About This Home

As of September 2020

Blending sweeping ocean views with the iconic Spanish Colonial Revival style for which Montecito is known, La Manzanita Estate calls to those with a reverence for both history & adventure. Vast views of the sea are on display from nearly every room of the main residence & the others nearly all gaze to the mountains. A spacious master features 2 baths & closets & a gorgeous home office is perfect for staying connected. The 3.4+/- acre grounds unfold to encompass 2 casitas (2-bdrms & 1-bdrm), a 1-bdrm cabana, organic garden & koi pond. Vast terraces extend along the southern facade & are perfect for entertaining crowds or an intimate evening for two. A gym, sports court & climbing wall are great for staying active & a pool, spa, theater & wine cellar are perfect for when you want to unwind.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 03/08/2019

Last Buyer's Agent

Tony Miller

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $114,564

Year Built

  • Built in 2003

Lot Details

  • 3.45 Acre Lot
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Estate
  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 10,044 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Home Gym
  • Home Security System
  • Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

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

Additional Homes

  • Guest House

Location

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

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 011-130-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$114,564

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: Take Hot Springs Road and turn left onto Riven Rock.
  • Prop. Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Sloped Down
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Security System
  • Architectural Style: Medit, Estate
  • Reso Flooring: Carpet, Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2003
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 3.45
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: 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
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 10044.0
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • WaterSewer Pvt Well In: Yes
  • FlrWdw Coverings Stone2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • LocationTopo Downslope2: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Rooms Theatre2: Yes
  • Fireplace(s) Patio3: Yes
  • GroundsLandscaping Pool House2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Family Room, Other, 2+, LR, Patio
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Panoramic
  • Construction Type: Other, Stucco
  • Acres: 3.45
  • Topography: Downslope, Level
  • Exterior Features: Pool, Pool House, Deck, Patio Open, Patio Covered, SPA-Outside, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Gar #4, Interior Access, Detached

Utilities

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

Schools

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

Lot Info

  • Parcel #: 011-130-014
  • Zoning: E-1
  • Lot Size Sq Ft: 150282.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Sep 8, 2020
Sold by
Selbert James H and Selbert Patricia
Bought by
Holmes Gregory R and Holmes Jennifer Z
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Tony Miller
Berkshire Hathaway HomeServices California Properties
List Price
$17,300,000
Sold Price
$10,281,517
Premium/Discount to List
-$7,018,483
-40.57%
Current Estimated Value
$12,550,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,268,970
Avg. Annual Appreciation
1.50%

Purchase Details

Closed on
Sep 12, 2014
Sold by
Selbert James H and Selbert Patricia A
Bought by
Selbert Family Trust

Purchase Details

Closed on
Sep 13, 2001
Sold by
Doumani Cindy and Doumani Fred M
Bought by
Selbert James H and Selbert Patricia A

Purchase Details

Closed on
Feb 18, 2000
Sold by
Doumani Fred M
Bought by
Doumani Cindy and Doumani Ronald
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 Buyer Sale Price Title Company
Holmes Gregory R $10,182,000 Chicago Title Company
Selbert Family Trust -- None Available
Selbert James H -- Fidelity National Title Co
Doumani Cindy -- Fidelity National Title Co
Doumani Cindy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Selbert James H $4,500,000
Previous Owner Selbert James H $900,000
Previous Owner Selbert James H $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $10,281,517 -40.6% $1,024 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
03/08/2019 03/08/19 For Sale $17,300,000 -- $1,722 / 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 $114,564 $11,129,041 $4,329,728 $6,799,313
2023 $114,564 $10,696,889 $4,161,600 $6,535,289
2022 $110,668 $10,487,147 $4,080,000 $6,407,147
2021 $108,355 $10,281,517 $4,000,000 $6,281,517
2020 $80,949 $7,623,101 $6,754,053 $869,048
2019 $78,753 $7,473,629 $6,621,621 $852,008
2018 $77,240 $7,327,088 $6,491,786 $835,302
2017 $75,856 $7,183,421 $6,364,497 $818,924
2016 $73,566 $7,042,570 $6,239,703 $802,867
2015 $72,431 $6,936,785 $6,145,977 $790,808
2014 $71,276 $6,800,904 $6,025,586 $775,318
Source: Public Records

Agents Affiliated with this Home

  • Robert Riskin

    Seller's Agent in 2020

    Robert Riskin

    Village Properties

    (805) 698-0199

    144 in this area

    217 Total Sales

    Robert Riskin
    Section Image

  • T

    Buyer's Agent in 2020

    Tony Miller

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-731

Santa Barbara Multiple Listing Service

APN: 011-130-014

California Santa Barbara County Santa Barbara 93108

705 Riven Rock Rd, Santa Barbara, CA

This home is located at 705 Riven Rock Rd, Santa Barbara, CA 93108 since 08 March 2019 and is currently estimated at $12,550,487, approximately $1,249 per square foot. This property was built in 2003. 705 Riven Rock Rd is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

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