RENTED FEB 18, 2026

Estimated Value: $4,056,000 - $5,627,000

4 Beds
4.5 Baths
2,873 Sq Ft
$1,664/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2022

Last sale price $4,485,200 $1,561 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $29,301 / mo

Highlights

  • Ocean View
  • Contemporary Architecture
  • 1-Story Property
  • Santa Barbara Senior High School Rated A-
  • Hilly Lot
  • Garage

About This Home

As of February 2026

Offered unfurnished, available now for year lease. Enjoy breathtaking panoramic views from this single-level home, nestled on a hill at the edge of Montecito overlooking Santa Barbara! This private Mid-Century Modern home was remodeled to perfection in 2012 by renowned architects Shubin & Donaldson. Relax on your 2,500 sq ft deck with panoramic ocean, city, harbor, and mountain views! Home features indoor/outdoor style living with 4 bedrooms, 4.5 bathrooms, huge living room with marble fireplace and retractable art wall. Large sliding glass doors lead to the wrap-around deck, for the quintessential Santa Barbara experience. Chef style gourmet kitchen with state-of-the-art appliances. Custom Slovenian oak flooring and Italian cabinetry. 2-car garage, LED lighting, and custom closets in every room. Live like you are permanently on vacation here!

Last Agent to Rent the Property

Mary Whitney

Berkshire Hathaway HomeServices California Properties License #01144746 Listed on: 11/10/2025

Berkshire Hathaway HomeServices California Properties

Last Renter's Agent

Mary Whitney

Berkshire Hathaway HomeServices California Properties License #01144746 Listed on: 11/10/2025

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • 1960

Lot Details

  • Hilly Lot
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms

Listing and Financial Details

  • Property Available on 1/22/26
  • Assessor Parcel Number 015-020-015

Home Details

Home Type

Single Family

Year Built

1960

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • NumberUnfurnished: Unfurnished
  • Architectural Style: Other, Contemporary
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2026-01-22
  • Property Information Total Bathrooms2: 4.5
  • Construction Single Story: Yes
  • View Mountain(s): Yes
  • View Setting: Yes
  • Dining Dining Area: Yes
  • Fireplace(s) Living Room: Yes
  • ParkingGarage Gar #23: Yes
  • ViewHarbor: Yes
  • View Ocean2: Yes
  • LocationTopo Hilly: Yes
  • Pets Maybe: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room

Exterior Features

  • View: Mountain(s), City, Harbor, Ocean, Panoramic, Setting
  • Topography: Hilly
  • Patio And Porch Features: Deck
  • View:City3: Yes
  • View:Panoramic: Yes

Lot Info

  • Parcel #: 015-020-015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jun 22, 2022
Sold by
Mahadevan and Mina
Bought by
80 Chase Dr On Eucalyptus Hill Llc
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ali Evans
Berkshire Hathaway HomeServices California Properties
List Price
$4,775,000
Sold Price
$4,485,200
Premium/Discount to List
-$289,800
-6.07%
Current Estimated Value
$4,782,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,866
Avg. Annual Appreciation
1.70%

Purchase Details

Listed on
May 23, 2012
Closed on
Jul 10, 2012
Sold by
Koobation Richard and Koobation Steven
Bought by
Mahadevan Hari and Mahadevan Mina
Seller's Agent
Teresa McWilliams
Coldwell Banker Realty
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$1,550,000
Sold Price
$1,537,500
Premium/Discount to List
-$12,500
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$1,076,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2010
Sold by
Koobatian Richard
Bought by
Koobatian Richard and Koobatian Steven
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
80 Chase Dr On Eucalyptus Hill Llc $4,485,500 Chicago Title
Mahadevan Hari $1,537,500 Chicago Title Company
Koobatian Richard -- None Available
Koobatian Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahadevan Hari $1,076,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2026 02/18/26 Rented $15,000 0.0% --
01/21/2026 01/21/26 Price Changed $15,000 -11.8% $5 / Sq Ft
12/15/2025 12/15/25 Price Changed $17,000 -5.6% $6 / Sq Ft
11/10/2025 11/10/25 For Rent $18,000 +12.5% --
11/05/2024 11/05/24 Rented -- -- --
10/22/2024 10/22/24 For Rent $16,000 +10.3% --
11/01/2022 11/01/22 Rented $14,500 -9.4% --
08/18/2022 08/18/22 Price Changed $16,000 -11.1% $6 / Sq Ft
07/12/2022 07/12/22 For Rent $18,000 0.0% --
06/29/2022 06/29/22 Sold $4,485,200 0.0% $1,556 / Sq Ft View Prior Sale
06/29/2022 06/29/22 Off Market $4,485,200 -- --
06/13/2022 06/13/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $4,775,000 +210.6% $1,657 / Sq Ft
07/26/2012 07/26/12 Sold $1,537,500 -0.8% $535 / Sq Ft View Prior Sale
06/21/2012 06/21/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $1,550,000 -- $540 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $49,458 $4,759,517 $2,334,657 $2,424,860
2023 $49,458 $4,261,000 $2,090,000 $2,171,000
2022 $20,283 $1,898,649 $841,288 $1,057,361
2021 $19,817 $1,861,422 $824,793 $1,036,629
2020 $19,612 $1,842,336 $816,336 $1,026,000
2019 $19,143 $1,794,213 $800,330 $993,883
2018 $18,871 $1,759,037 $784,638 $974,399
2017 $18,248 $1,724,547 $769,253 $955,294
2016 $17,806 $1,690,733 $754,170 $936,563
2014 $16,931 $1,595,479 $728,291 $867,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-4122

Santa Barbara Multiple Listing Service

APN: 015-020-015

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