NOT LISTED FOR SALE

749 Fuera Ln Santa Barbara, CA 93108

Estimated Value: $8,461,000 - $16,124,416

5 Beds
5 Baths
6,771 Sq Ft
$1,656/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $17,425,000 $2,573 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $69,921/month

209 Days on Market

Highlights

  • Guest House
  • Spa
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • View of Trees or Woods
  • Reverse Osmosis System

About This Home

As of May 2024

Originally constructed in 1912, remodeled by renowned architect, Lutah Riggs in 1930, and meticulously renovated by the present owner, this splendid and refined Spanish estate is accessed via a gated, meandering driveway that leads to the expansive motor court and captivating entrance adorned with a grand fountain. Nestled gracefully on 2.23 exquisitely landscaped acres, graced by magnificent oak trees throughout, the primary residence boasts 3 bedrooms, 5 baths, plus two powder rooms and a 2 bedroom guesthouse. Its recent remodel has been executed with a seamless blend of sophistication and grace. Enhancing its allure, a tastefully adorned wood-paneled library, generously sized office space, and sun room imbue the property with versatile living zones. he spacious kitchen-family room fusion has undergone a recent transformation, showcasing the pinnacle of design and top-tier appliances. The sequestered location offers picturesque mountain vistas and an idyllic setting, accompanied by an expansive pool, al fresco entertainment terraces, and a tennis court. Further augmenting the property's amenities is a detached, two story guest house featuring two distinct apartments, each appointed with a bedroom and bath. The lushly landscaped grounds are nourished by private wells.

Last Agent to Sell the Property

Charlie Petersen

Sotheby's International Realty License #01742017 Listed on: 10/18/2023

Co-Listed By

Susan Conger

Sotheby's International Realty License #00545024

Last Buyer's Agent

Sandy Stahl

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122,121

Year Built

  • Built in 1912

Lot Details

  • 2.23 Acre Lot
  • Dog Run
  • Gated Home
  • Artificial Turf
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Property is in good condition

Parking

  • Garage

Property Views

  • Woods
  • Mountain
  • Park or Greenbelt

Home Design

  • Spanish Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,771 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Skylights
  • Multiple Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Sun or Florida Room
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Oven
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Smart Thermostat
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Pool
  • ENERGY STAR Qualified Pool Pump

Outdoor Features

  • Patio
  • Gazebo

Additional Homes

  • Guest House

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Well
  • Water Purifier is Owned
  • Water Softener is Owned

Community Details

  • 3 Units
  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 011-110-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$122,121

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Directions: Via San Ysidro to Las Tunas
  • Prop. Type: Residential
  • Year Built: 1912
  • Reso Interior Features: Smart Thermostat
  • ResoPoolFeatures: ENERGY STAR Qualified pool pump
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Road Frontage Type: Easement
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Security System, Fire Alarm, Smoke Detector(s)
  • Co List Office Mls Id: SIR14
  • Co List Office Phone: 805-969-4755
  • Architectural Style: Spanish
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Good
  • Property Information Year Built2: 1912
  • Property Information Total #Units: 3
  • Property Information Apx # Acres: 2.23
  • 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
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 6771.0
  • Construction Two Story2: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Sound System: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • Security Security Camera2: Yes
  • WaterSewer Pvt Well In: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • GroundsLandscaping Dog Run2: Yes
  • View Green Belt2: Yes
  • Security Fire Alarm2: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Pool Features ENERGY STAR Qualified pool pump: Yes
  • Pets Yes: Yes
  • Style Spanish2: Yes
  • Rooms:Den: Yes
  • Rooms LbryStudy: Yes
  • GroundsLandscaping Artificial Turf: Yes
  • Appliances Included Vented Exhaust Fan: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Appliances Included Water Purifier Owned: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Microwave, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Other, 2+, LR
  • Bedrooms Basement: Yes
  • Other Rooms:Media Room: Yes
  • Appliances Included:Double Oven2: Yes
  • Other Rooms:Sun Room2: Yes
  • Interior Features:Smart Thermostat: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting, Green Belt, Wooded
  • Construction Type: Stucco
  • Acres: 2.23
  • Topography: Level
  • Exterior Features: Pool, Patio Open, Hot Tub, Gazebo, Dog Run, Fruit Trees, Wooded, Fenced: ALL
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Other

Utilities

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

Schools

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

Lot Info

  • Parcel #: 011-110-047
  • Zoning: Other
  • Lot Size Sq Ft: 97138.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
May 13, 2024
Sold by
Elizabeth L Hermann Revocable Trust and Petersen Elizabeth H
Bought by
Gail Peaches Gilbert Revocable Trust and Gilbert
Seller's Agent
Charlie Petersen
Sotheby's International Realty
Buyer's Agent
Sandy Stahl
Coldwell Banker Realty
List Price
$20,085,000
Sold Price
$17,425,000
Premium/Discount to List
-$2,660,000
-13.24%
Views
256
Current Estimated Value
$11,213,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,211,528
Avg. Annual Appreciation
-27.16%
Original Mortgage
$10,000,000
Outstanding Balance
$7,975,639
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$3,601,664

Purchase Details

Closed on
Oct 15, 2020
Sold by
Asseo Lee A and Lee A And Sheila Asseo Family
Bought by
Petersen Elizabeth H and The Elizabeth L Hermann Revoca

Purchase Details

Closed on
May 10, 2007
Sold by
Asseo Lee A and Asseo Sheila
Bought by
Asseo Lee A and Asseo Sheila

Purchase Details

Closed on
Sep 10, 2002
Sold by
Montecito Water District
Bought by
Asseo Lee A
Source: Public Records

Range of Values:

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Average Value
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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
Gail Peaches Gilbert Revocable Trust $17,425,000 Chicago Title Company
Petersen Elizabeth H $10,925,000 Chicago Title Company
Asseo Lee A -- None Available
Asseo Lee A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gail Peaches Gilbert Revocable Trust $10,000,000
Previous Owner Asseo Lee A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $17,425,000 0.0% $2,573 / Sq Ft
05/29/2024 05/29/24 Sold $17,425,000 -10.4% $2,573 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/14/2024 05/14/24 Pending -- -- --
02/26/2024 02/26/24 Price Changed $19,450,000 0.0% $2,873 / Sq Ft
02/26/2024 02/26/24 Price Changed $19,450,000 -3.2% $2,873 / Sq Ft
10/18/2023 10/18/23 For Sale $20,085,000 0.0% $2,966 / Sq Ft
10/11/2023 10/11/23 For Sale $20,085,000 -- $2,966 / 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 $122,121 $17,773,500 $6,120,000 $11,653,500
2023 $122,121 $11,366,370 $5,097,960 $6,268,410
2022 $117,879 $11,143,500 $4,998,000 $6,145,500
2021 $115,423 $10,925,000 $4,900,000 $6,025,000
2020 $43,781 $3,981,119 $1,798,392 $2,182,727
2019 $42,507 $3,903,059 $1,763,130 $2,139,929
2018 $41,717 $3,826,529 $1,728,559 $2,097,970
2017 $40,898 $3,751,500 $1,694,666 $2,056,834
2016 $39,629 $3,677,942 $1,661,438 $2,016,504
2015 $38,848 $3,622,697 $1,636,482 $1,986,215
2014 -- $3,551,734 $1,604,426 $1,947,308
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Charlie Petersen

    Sotheby's International Realty

    (805) 637-0312

    5 in this area

    11 Total Sales

    Charlie Petersen
    Section Image

  • S

    Seller's Agent in 2024

    Susan Conger

    Sotheby's International Realty

    5 in this area

    12 Total Sales

    Susan Conger
    Section Image

  • S

    Buyer's Agent in 2024

    Sandy Stahl

    Coldwell Banker Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3157

Santa Barbara Multiple Listing Service

APN: 011-110-047

California Santa Barbara County Santa Barbara 93108

749 Fuera Ln, Santa Barbara, CA

This home is located at 749 Fuera Ln, Santa Barbara, CA 93108 since 18 October 2023 and is currently estimated at $11,213,472, approximately $1,656 per square foot. This property was built in 1912. 749 Fuera Ln is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel School.

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