$3,400,000
SOLD JUL 14, 2025
3 Beds
4.5 Baths
1,330 Sq Ft
4.73 Acres

Recently Sold

$2,556 Per Sq Ft

15% Below List Price

119 Days on Market

Highlights

  • Additional Residence on Property
  • Ocean View
  • Greenhouse
  • Cold Spring Elementary School Rated A
  • Parking available for a boat
  • Art Studio

About This Home

As of July 2025

The perfect blend of natural beauty and rural charm. +/- 4.73 ac of prime Montecito land, a truly unique agricultural estate (w/ 2'' Ag meter), nestled in the picturesque hills of Santa Barbara. Set in a secluded private location, it provides a peaceful retreat amidst panoramic vistas of the valley, mountains, ocean, harbor, and islands. Its extensive cultivated land features mature avocado and lime trees, plus a multitude of fruits and flowering shrubs and is ideal for additional crops or residential innovation.

The main residence, dating back to 1911, encompasses +/-1330 square feet, with 2 bedrooms, 2 bathrooms, a spacious kitchen, and large adjoining terrace. Its historic bootlegger-built cellar offers a unique charm, for over 1,000 square feet of ready-made storage Three other buildings provide a luxurious guest house, spacious office/workshop, and 2-car garage with attached kitchen and bathroom for work crews.

Additional features include a garden fountain, cedar hot tub with outdoor shower and pergola-covered outdoor dining area, a greenhouse, work-shed, and an enclosure for vegetable garden or pool area.

The property is within the Cold Spring Elementary School district and is just +/- 3 miles to Upper Montecito Village, Coast Village Road, or the 101.

Last Agent to Sell the Property

Steve Epstein

Keller Williams Realty Santa Barbara License #00994429 Listed on: 01/14/2025

Keller Williams Realty Santa Barbara

Co-Listed By

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,027

Year Built

  • Built in 1911

Lot Details

  • 4.73 Acre Lot
  • Irrigation
  • Fruit Trees
  • Lawn

Property Views

  • Ocean
  • Harbor
  • Mountain

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Game Room
  • Art Studio
  • Home Gym

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking available for a boat
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck
  • Covered patio or porch
  • Greenhouse
  • Separate Outdoor Workshop
  • Shed

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Additional Features

  • Solar Power System
  • Additional Residence on Property

Listing and Financial Details

  • Assessor Parcel Number 013-070-004
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,027

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1911
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Architectural Style: Craftsman
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Reso Other Structures: Other, Shed(s), Work Shop, Greenhouse
  • Property Information Year Built2: 1911
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 4.73
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 1330.0
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Amenities Guest House2: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • Amenities Solar PV2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View Harbor2: Yes
  • Other Buildings Greenhouse2: Yes
  • Style Craftsman2: Yes
  • ParkingGarage RV: Yes
  • ParkingGarage Boat: Yes
  • Rooms Game Room3: Yes
  • Fireplace(s) 23: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Other

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, Harbor
  • Construction Type: Stucco
  • Acres: 4.73
  • Exterior Features: Deck, Patio Covered, Hot Tub, Lawn, Fruit Trees, Yard Irrigation T/O
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, RV, Boat, Attached, Other

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-070-004
  • Zoning: Other
  • Lot Size Sq Ft: 206038.8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Jul 1, 2025
Sold by
Pjsmart Llc
Bought by
Aec Eat Llc
Seller's Agent
Steve Epstein
Keller Williams Realty Santa Barbara
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$4,000,000
Sold Price
$3,400,000
Premium/Discount to List
-$600,000
-15%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1205.91%

Purchase Details

Listed on
Jul 12, 2021
Closed on
Jul 26, 2021
Sold by
Peterson Linda
Bought by
Pjsmart Llc
Seller's Agent
Kendrick Guehr
Keller Williams Realty Santa Barbara
Buyer's Agent
Steve Epstein
Keller Williams Realty Santa Barbara
List Price
$2,450,000
Sold Price
$4,200,000
Premium/Discount to List
$1,750,000
71.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.21%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,400,000 Fidelity National Title Compan
Grant Deed $4,200,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $612,900 VA
Previous Owner $110,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Sold $3,400,000 -2.9% $2,556 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
04/22/2025 04/22/25 Price Changed $3,500,000 -12.5% $2,632 / Sq Ft
01/14/2025 01/14/25 For Sale $4,000,000 -4.8% $3,008 / Sq Ft
08/03/2021 08/03/21 Sold $4,200,000 +71.4% $3,158 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $2,450,000 -- $1,842 / 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
2023 $46,027 $4,284,000 $3,876,000 $408,000
2022 $44,542 $4,200,000 $3,800,000 $400,000
2021 $3,228 $255,325 $116,038 $139,287
2020 $3,181 $252,708 $114,849 $137,859
2019 $2,729 $247,754 $112,598 $135,156
2018 $2,677 $242,897 $110,391 $132,506
2017 $2,631 $238,135 $108,227 $129,908
2016 $2,601 $233,466 $106,105 $127,361
2014 $2,534 $225,456 $102,465 $122,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-192

Santa Barbara Multiple Listing Service

APN: 013-070-004