NOT LISTED FOR SALE

Estimated Value: $2,119,000 - $8,786,000

4 Beds
3 Baths
2,634 Sq Ft
$2,421/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $7,100,000 $2,696 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $43,133/month

Highlights

  • Ocean View
  • Multiple Fireplaces
  • Cottage
  • 6.3 Acre Lot

About This Home

As of April 2014

Rare California beachfront property. Over 6 acres + a 50’s-era beach cottage in the prestigious, gated Sand Point community near world-renowned Montecito, California. Once-in-a-lifetime possibility for development of a spectacular oceanside estate. Between the Carpinteria Salt Marsh Reserve & the Pacific Ocean. Almost 200 feet of ocean frontage. Available for the first time in more than 50 years.

Last Agent to Sell the Property

Cristal Clarke

Sotheby's International Realty Listed on: 04/25/2014

Last Buyer's Agent

Nigel Copley

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,720

Year Built

  • Built in 1952

Lot Details

  • 6.3 Acre Lot
  • Property is in average condition

Property Views

  • Ocean
  • Beach
  • Mountain

Home Design

  • Cottage

Interior Spaces

  • 2,634 Sq Ft Home
  • Multiple Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Carp. Jr. Middle School
  • Carp. Sr. High School

Community Details

  • 05 Sandyland Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-460-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,720

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Home/Estate
  • Subdivision Name: 05 - Sandyland Cove
  • Architectural Style: Cal Cottage
  • New Construction: No
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1952
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 6.3
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Fireplace(s):_two_3: Yes
  • ViewOcean: Yes
  • View Beach2: Yes
  • Condition Fair2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: 2

Exterior Features

  • View: Beach, Mountain(s), Ocean
  • Acres: 6.3

Utilities

  • Water Source: Carp Wtr

Schools

  • Elementary School: Other
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-460-046
  • Zoning: Other
  • Lot Size Sq Ft: 274428.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Carpinteria Valley Water District
Bought by
Cosmoledo Trust and Ambrosino
Current Estimated Value
$6,451,575

Purchase Details

Listed on
Apr 25, 2014
Closed on
Apr 2, 2014
Sold by
Spaulding Samuel Blanchard and Campbell Ruth S
Bought by
Ambrosino Marie
Seller's Agent
Cristal Clarke
Sotheby's International Realty
Buyer's Agent
Nigel Copley
Sotheby's International Realty
List Price
$7,500,000
Sold Price
$7,100,000
Premium/Discount to List
-$400,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.10%
Original Mortgage
$1,100,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 31, 2014
Sold by
Edelman David
Bought by
Edelman Katherine Spaulding

Purchase Details

Closed on
Oct 22, 2013
Sold by
Edelman Katherine Spaulding
Bought by
Edelman David and Edelman Katherine Spaulding

Purchase Details

Closed on
Dec 4, 2012
Sold by
Terrell Ann Holmes
Bought by
Spaulding Samuel Blanchard and Edelman Katherine Spaulding

Purchase Details

Closed on
Apr 6, 1998
Sold by
Holmes Terrell Ann
Bought by
Terrell Ann Holmes
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
Cosmoledo Trust -- None Listed On Document
Cosmoledo Trust -- None Listed On Document
Ambrosino Marie -- Chicago Title Company
Edelman Katherine Spaulding -- Chicago Title Company
Edelman Katherine Spaulding -- Chicago Title Company
Edelman David -- None Available
Spaulding Samuel Blanchard -- None Available
Terrell Ann Holmes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ambrosino Marie $2,800,000
Previous Owner Ambrosino Marie $1,100,000
Previous Owner Dongieux Gene L $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $7,100,000 -5.3% $2,696 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $7,500,000 -- $2,847 / 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 $93,720 $8,703,793 $8,029,560 $674,233
2023 $93,720 $8,365,815 $7,717,763 $648,052
2022 $90,912 $8,201,781 $7,566,435 $635,346
2021 $88,522 $8,040,963 $7,418,074 $622,889
2020 $87,662 $7,958,514 $7,342,011 $616,503
2019 $85,993 $7,802,465 $7,198,050 $604,415
2018 $84,628 $7,649,476 $7,056,912 $592,564
2017 $121,477 $7,499,488 $6,918,542 $580,946
2016 $81,850 $7,352,440 $6,782,885 $569,555
2014 $8,022 $414,472 $135,208 $279,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-1297

Santa Barbara Multiple Listing Service

APN: 005-460-046