NOT LISTED FOR SALE

756 Hot Springs Rd Santa Barbara, CA 93108

Estimated Value: $4,869,000 - $6,169,000

4 Beds
3 Baths
4,034 Sq Ft
$1,357/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $4,600,000 $1,140 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $31,960/month

213 Days on Market

Highlights

  • Guest House
  • Property is near an ocean
  • Fireplace in Primary Bedroom
  • Santa Barbara Senior High School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

As of April 2024

Discover this quiet, serene retreat location in the much sought after Golden Quadrangle of Montecito. Tucked away down a private lane on over an acre, surrounded by palatial estates and impressive homes is a rare opportunity to develop a private and secluded family compound or easily remodel the existing Mid-Century home. Existing remodeled cozy guest cottage with designer finishes. The main house is ready to be reimagined! Features a 4,034± floorplan with generously proportioned spaces, unique entry atrium, glass walled living room, oversized kitchen, family room, office, 4 large bedrooms, 3 bathrooms and 4 car garage. Expansive lower level which could continue as a workroom or be utilized as an art studio, entertainment space, gym, wine cellar (860± square feet of additional space, not included in the 4,034±sf main level). All this is ready for your transformation!

Relax on the sunny south facing decks and take in the backyard - a blank canvas ready for gardens, pool and outdoor activity spaces. Your friends and family will feel right at home in the detached guest cottage with high end finishes and private patio. Also ideal for a new owner to occupy while completing their dream estate. The property offers potential for ocean views from a second story and is a must see in person.

Don't miss this opportunity to create your own magical compound in the heart of Montecito close to everything the Upper and Lower Villages has to offer!

Last Agent to Sell the Property

Randy Haden

Compass License #02020380 | 01988499 Listed on: 05/01/2023

Compass

Co-Listed By

John Faulkner

Compass License #01731394

Last Buyer's Agent

Josiah Hamilton

Berkshire Hathaway HomeServices California Properties License #01415235

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,465

Year Built

  • Built in 1978

Lot Details

  • 1.08 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is in average condition

Parking

  • 4 Car Direct Access Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Fixer Upper
  • Flat Roof Shape
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,034 Sq Ft Home
  • Multiple Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Carpet
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio

Location

  • Property is near a park
  • Property is near schools

Schools

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

Additional Features

  • Stepless Entry
  • Guest House
  • Well

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 011-090-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,465

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Directions: Call Listing Agent for Directions and access. Do not go on property without listing agent.
  • Prop. Type: Residential
  • Year Built: 1978
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level, Rolling Slope, Corner Lot, Other
  • ResoSecurityFeatures: Other
  • Co List Office Mls Id: COMPCA
  • Co List Office Phone: 805-253-7700
  • Reso Accessibility Features: Other
  • Architectural Style: Other
  • Reso Flooring: Carpet
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs)
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Fixer, Fair
  • Property Information Year Built2: 1978
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 1.08
  • 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
  • LocationTopo Rolly2: Yes
  • WaterSewer Sewer Avail: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Entry Lvl(No Stairs)2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Fireplace(s) LR: Yes
  • Property Information Main House SqFt: 4034.0
  • View Wooded3: Yes
  • LocationTopo Corner Lot2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Pvt Well In: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • Pets Yes: Yes
  • Condition Fair2: Yes
  • Condition Fixer2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms:Den: Yes
  • Laundry Common Area2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 4.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, 2, LR
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Composition, Flat
  • View: Mountain(s), Setting, Wooded
  • Construction Type: Other, Wood Siding
  • Acres: 1.08
  • Topography: Rolly, Level
  • Exterior Features: Other, Deck, Patio Open, Wooded, Fenced: PRT
  • Foundation Details: Raised, Mixed
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Gar #4, Interior Access, Attached, Other

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Other

Schools

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

Lot Info

  • Parcel #: 011-090-039
  • Zoning: R-1
  • Lot Size Sq Ft: 47044.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Apr 16, 2024
Sold by
Clifford G Roxton Revocable Trust and Cepkauskas Ann-Marie
Bought by
756 Hot Springs Road Llc
Seller's Agent
Randy Haden
Compass
Buyer's Agent
Josiah Hamilton
Berkshire Hathaway HomeServices California Properties
List Price
$4,997,000
Sold Price
$4,600,000
Premium/Discount to List
-$397,000
-7.94%
Views
407
Current Estimated Value
$5,472,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$872,807
Avg. Annual Appreciation
14.93%
Original Mortgage
$160,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 7, 2013
Sold by
Roxton Clifford G
Bought by
Roxton Clifford G
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
756 Hot Springs Road Llc $4,600,000 Chicago Title Company
Roxton Clifford G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 756 Hot Springs Road Llc $2,300,000
Closed Clifford G Roxton Revocable Tr $160,000
Previous Owner Clifford G Roxton Revocable Tr $765,000
Previous Owner Clifford G Roxton Revocable Tr $1,456,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $4,600,000 -4.1% $1,140 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
09/16/2023 09/16/23 Price Changed $4,799,000 -4.0% $1,190 / Sq Ft
05/01/2023 05/01/23 For Sale $4,997,000 -- $1,239 / 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 $28,465 $4,692,000 $4,080,000 $612,000
2023 $28,465 $2,549,999 $2,043,815 $506,184
2022 $6,535 $465,416 $85,419 $379,997
2021 $6,429 $456,292 $83,745 $372,547
2020 $6,363 $451,614 $82,887 $368,727
2019 $6,079 $442,760 $81,262 $361,498
2018 $5,989 $434,079 $79,669 $354,410
2017 $5,811 $425,568 $78,107 $347,461
2016 $5,623 $417,225 $76,576 $340,649
2014 $5,298 $402,910 $73,949 $328,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1161

Santa Barbara Multiple Listing Service

APN: 011-090-039