NOT LISTED FOR SALE

Estimated Value: $5,503,000 - $6,533,000

5 Beds
4 Baths
4,136 Sq Ft
$1,484/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $4,650,000 $1,124 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $37,760/month

62 Days on Market

Highlights

  • Property is near an ocean
  • Panoramic View
  • Deck
  • Vieja Valley Elementary School Rated A
  • 2.51 Acre Lot
  • Contemporary Architecture

About This Home

As of January 2022

Rounding the gentle bend at the end of a long driveway sits this knoll-top Hope Ranch estate w/mesmerizing 180 degree mountain, valley & city views. Soaring cedar ceilings emulate the landscape w/abundant natural light streaming from the skylights & the walls of glass w/great views from every ensuite bedroom on the first floor including the primary suite & especially from the living room. Plenty of outdoor spaces accessible on every side of the home create a true feeling of seamless indoor/outdoor living.This 5BD, 4BA gated estate sits on 2.5 acres. Spacious gourmet kitchen w/Wolf appliances & center island w/breakfast bar is every home chef's dream & makes daily living a breeze. Formal dining room & multiple patios provide for a multiple of entertaining opportunities. Brazilian cherry wood floors provide a feeling of expansive richness throughout the living spaces. Lush gardens and landscaping surround the house including a rose garden, vegetable patch and fruit trees. Enjoy morning birds songs, evening ocean breezes and everything in between as nature paints a new view daily of the glorious surrounding mountain views with every Sunrise and with every Sunset.
Hope Ranch offers residents a great lifestyle with 32 miles of pastoral walking and equestrian trails, private access to the beach with swim dock, restrooms and Kayak storage, tennis courts, award winning schools, and scenic, bucolic roadways. Fulfill your California coastal living dream only moments away from acclaimed Santa Barbara restaurants, shops and gourmet grocery stores.

Last Agent to Sell the Property

Jim Scarborough

Berkshire Hathaway HomeServices California Properties License #01182792 Listed on: 07/23/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Lisa McCann

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,693

Year Built

  • Built in 1976

Lot Details

  • 2.51 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

Property Views

  • Panoramic
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • 2-Story Property
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 4,136 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Parking

  • Direct Access Garage
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Vieja Valley Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Underground Utilities
  • Water Softener is Owned
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 061-280-030

Community Details

Overview

  • Property has a Home Owners Association
  • 25 Hope Ranch Subdivision

Recreation

  • Tennis Courts

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,693

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Cul-De-Sac
  • ResoSecurityFeatures: Patrol
  • Reso Association Amenities: Tennis Court(s)
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Contemporary, Ranch
  • Reso Flooring: Carpet, Hardwood, Slate, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1976
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.51
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 4136.0
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • Laundry:_two_20V Elect2: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Pets Yes: Yes
  • View City4: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • FlrWdw Coverings Slate3: Yes
  • Cooling Ceiling Fan(s): Yes
  • Rooms Loft2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Security Patrol2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Gas Stove, Microwave, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: LR

Exterior Features

  • Roof: Other
  • View: Mountain(s), City, Panoramic
  • Construction Type: Wood Siding
  • Acres: 2.51
  • Topography: Level
  • Exterior Features: Deck, Patio Open, Lawn, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Unc #4, Interior Access, Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 061-280-030
  • Zoning: R-1
  • Lot Size Sq Ft: 109335.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Nov 11, 2021
Sold by
Grewal Bikramjit S and Kaur Harbhajan
Bought by
Housing Enterprises Llc
Seller's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lisa McCann
Douglas Elliman of California, Inc.
List Price
$4,975,000
Sold Price
$4,650,000
Premium/Discount to List
-$325,000
-6.53%
Current Estimated Value
$6,135,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,485,922
Avg. Annual Appreciation
7.94%
Original Mortgage
$2,200,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2014
Closed on
Dec 15, 2014
Sold by
Garand John J and Garand Carole A
Bought by
Grewal Bikramjit S and Grewal Harbhajan Kaur
Seller's Agent
Teresa Salvione
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Norman Popp
Foundation Real Estate Group
List Price
$3,450,000
Sold Price
$3,275,000
Premium/Discount to List
-$175,000
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$2,600,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Butler Christopher J and Gilmore Carol A
Bought by
Garand John J and Garand Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
Lonson Gunnar and Lonson Carol Anne
Bought by
Butler Christopher J and Gilmore Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.75%
Mortgage Type
New Conventional
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
Housing Enterprises Llc $4,650,000 Chicago Title
Grewal Bikramjit S $3,275,000 Fidelity National Title Co
Garand John J -- Equity Title Company Santa B
Butler Christopher J -- Equity Title Company Santa B
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Housing Enterprises Llc $2,200,000
Previous Owner Grewal Bikramjit S $340,000
Previous Owner Grewal Bikramjit S $2,540,000
Previous Owner Grewal Bikramjit S $2,600,000
Previous Owner Garand John J $1,000,000
Previous Owner Garand John J $1,000,000
Previous Owner Garand John J $1,003,000
Previous Owner Garand John J $1,000,000
Previous Owner Garand John J $1,000,000
Previous Owner Garand John J $1,000,000
Previous Owner Butler Christopher J $1,000,000
Previous Owner Butler Christopher J $1,100,000
Previous Owner Butler Christopher J $500,000
Previous Owner Butler Christopher J $1,600,000
Previous Owner Lonson Gunnar A $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $4,650,000 -6.5% $1,124 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $4,975,000 +51.9% $1,203 / Sq Ft
12/23/2014 12/23/14 Sold $3,275,000 -5.1% $792 / Sq Ft
11/15/2014 11/15/14 Pending -- -- --
10/19/2014 10/19/14 For Sale $3,450,000 -- $834 / 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 $52,693 $5,016,216 $2,440,778 $2,575,438
2023 $52,693 $4,650,000 $2,300,000 $2,350,000
2022 $39,847 $3,709,031 $2,095,178 $1,613,853
2021 $38,409 $3,636,306 $2,054,097 $1,582,209
2020 $38,001 $3,599,021 $2,033,035 $1,565,986
2019 $36,870 $3,528,453 $1,993,172 $1,535,281
2018 $36,147 $3,459,269 $1,954,091 $1,505,178
2017 $35,466 $3,391,441 $1,915,776 $1,475,665
2016 $34,542 $3,324,943 $1,878,212 $1,446,731
2014 $25,679 $2,451,000 $1,389,000 $1,062,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-2754

Santa Barbara Multiple Listing Service

APN: 061-280-030