NOT LISTED FOR SALE

Estimated Value: $7,322,000 - $9,922,981

4 Beds
4 Baths
-- Sq Ft
7.45 Acre Lot

Sale Details

Date Sold: September 18, 2020

Last sale price $5,700,000

Est. 55% increase in value since last sale

Current estimated payment $53,976 / mo

57 Days on Market

Highlights

  • Additional Residence on Property
  • Art Studio
  • Guest Quarters
  • Ocean View
  • 7.45 Acre Lot
  • Deck

About This Home

As of September 2020

Sitting in a peaceful canyon on approximately 7 acres, this unique Scandinavian architectural estate is framed by embracing hills with unobstructed ocean views towards the sacred mountains on Santa Cruz Island. The golden light greets you in the morning and continues to flow through the home until a beautiful sunset appears over the ocean. The property has an expansive art gallery, that offers an unforgettable architectural experience. Designed by Leif Aarestrup, founder of the Lief Gallery in Los Angeles, this estate is a rare art collection in and of itself boasting a Baroque fountain from an Austrian monastery circa 1680, French Empire lamps from 1810, an 1880 French statue at the courtyard entrance, and beautiful iron doors with two Danish crowns from the Queen Schakenborg Castle. 736 Toro Canyon Rd is more than just a real estate offering, but rather an artistic experience, a tranquil place of healing, and a time capsule of history and simplicity.

There are two bedrooms and two bathrooms in the main house along with two additional detached guest cottages. The ocean view living room, equipped with whitewashed pine wooded floors from Sweden, opens to a massive U-shaped outdoor deck through beautiful custom made metal doors. Joining the living room sits a handmade, Swedish fireplace from 1800. The ocean view dining room, with wooden walnut tree floors from a castle in Austria, opens directly to a gracious kitchen with custom cabinetry made from solid Oregon pine, along with professional appliances. The master bedroom has Japanese handmade sliding doors, a walk-in closet, and the bathroom boasts a Japanese bathtub. The main house also hosts a lovely ensuite guest room with its own bathroom. There is also a cozy television room, library with fireplace, and an office - all of which enjoy views of nature through custom-made metal windows.

A spiral staircase takes you down to a U-shaped gallery with 12 ft. ceilings and custom-made doors that open to a fountain, garden and incredible ocean views. The gallery copper doors are from the State Bank in Sweden and the lamps are from the Royal Theater in Copenhagen, Denmark. The U-shaped gallery boasts multiple ocean and island view sitting areas, each offering a unique experience.

Beyond the gallery sits two peaceful and secluded guest cottages, each with their own private terrace overlooking incredible scenery. One guest cottage rests among huge, old oak trees with hand-cut doors from Kirala, India. The lower guest cottage off the gallery overlooks the Pacific ocean and expansive fields of emerald grass on the secluded 7+ acre parcel. These detached and private guest cottages make this offering flexible for many different lifestyles and needs. All structures on the property have black imported Danish tile roofs.

This unique estate offers captivating views, simplicity, warmth and an open floor plan suitable for any style of decorations and artwork.

Last Agent to Sell the Property

Grubb Campbell Group

Village Properties License #01236143 / 01410304 Listed on: 06/25/2020

Last Buyer's Agent

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886

Berkshire Hathaway HomeServices California Properties

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Lot Details

  • 7.45 Acre Lot
  • Level Lot
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Property Views

  • Ocean
  • Panoramic
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Skylights
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room
  • Home Office
  • Library
  • Art Studio
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Guest Quarters
  • 4 Full Bathrooms

Schools

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

Additional Features

  • Deck
  • Additional Residence on Property

Community Details

  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 155-130-015

Home Details

Home Type

Single Family

Lot Details

7.45 Acres

Listing Details

  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Rolling Slope, Greenbelt, Sloped Down, Other
  • Architectural Style: Contemporary
  • Reso Flooring: Wood, Hardwood, Stone
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 7.45
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • FlrWdw Coverings Stone2: Yes
  • Style:Contemporary2: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • View Green Belt2: Yes
  • LocationTopo Downslope2: Yes
  • FlrWdw Coverings Wood2: Yes
  • View Other27: Yes
  • Rooms LbryStudy: Yes
  • LocationTopo Greenbelt3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2+

Exterior Features

  • Roof: Tile
  • View: Other, Ocean, Setting, Green Belt, Panoramic
  • Acres: 7.45
  • Topography: Downslope, Greenbelt, Rolly, Level
  • Exterior Features: Deck, Lawn, Drought Tolerant LND

Schools

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

Lot Info

  • Parcel #: 155-130-015
  • Zoning: Other
  • Lot Size Sq Ft: 324522.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 27, 2020
Sold by
Bought by
Seller's Agent
Grubb Campbell Group
Village Properties
Buyer's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
List Price
$7,500,000
Sold Price
$5,700,000
Premium/Discount to List
-$1,800,000
-24%
Current Estimated Value
$8,822,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,122,245
Avg. Annual Appreciation
7.73%
Original Mortgage
$3,753,750
Outstanding Balance
$3,225,940
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$5,596,305

Purchase Details

Closed on
May 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 16, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Toro Canyon, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,700,000 Chicago Title Company
-- None Available
-- Lawyers Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,753,750
Previous Owner $576,000
Previous Owner $635,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $5,700,000 -24.0% --
08/21/2020 08/21/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $7,500,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $65,828 $6,293,258 $2,760,201 $3,533,057
2025 $64,559 $6,169,862 $2,706,080 $3,463,782
2023 $64,559 $5,930,280 $2,601,000 $3,329,280
2022 $62,958 $5,814,000 $2,550,000 $3,264,000
2021 $61,648 $5,700,000 $2,500,000 $3,200,000
2020 $19,778 $1,721,693 $847,060 $874,633
2019 $18,035 $1,687,935 $830,451 $857,484
2018 $17,755 $1,654,839 $814,168 $840,671
2017 $20,056 $1,868,461 $1,044,257 $824,204
2016 $19,713 $1,831,826 $1,023,782 $808,044
2014 $18,342 $1,768,968 $988,651 $780,317
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2371

Santa Barbara Multiple Listing Service

APN: 155-130-015

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