NOT LISTED FOR SALE

803 Picacho Ln Santa Barbara, CA 93108

Estimated Value: $7,906,000 - $9,836,073

3 Beds
6 Baths
4,591 Sq Ft
$1,946/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $8,900,000 $1,939 Per Sq Ft

Current estimated payment $52,882/month

62 Days on Market

Highlights

  • Ocean View
  • Pool House
  • Maid or Guest Quarters
  • Santa Barbara Senior High School Rated A-
  • 1.96 Acre Lot
  • Property is near park, schools, and shops

About This Home

As of October 2018

Located on prestigious Picacho Lane, this freshly remodeled estate of approx. 2 acres consists of 2 separate legal parcels. Main residence is approx. 4,591sqft with a separate approx. 691 sqft Pool Cabana in a lush park-like setting. This beautiful home is being sold FULLY FURNISHED and was designed by Los Angeles Interior Designer John DeBastiani. A private water well was installed in 2017 along with many additional upgrades to the property. With unparalleled ocean and mountain views, this home offers you the ultimate in privacy on one of the most sought after streets in Montecito.

Last Agent to Sell the Property

Ron Brand

Compass License #01466064 Listed on: 08/21/2018

Compass

Last Buyer's Agent

Sandy Lipowski

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 1.96 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Raised Foundation
  • Slate Roof

Interior Spaces

  • 4,591 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Loft
  • Wood Flooring
  • Finished Attic
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Pool

  • Pool House
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Shed
  • Built-In Barbecue

Location

  • Property is near park, schools, and shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 011-090-031

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Rolling Slope
  • ResoSecurityFeatures: Security Camera, Security System
  • Architectural Style: Other
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Single Story, Outside Stairs
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1998
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 1.96
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 4591.0
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Security Security Camera2: Yes
  • WaterSewer Pvt Well In: Yes
  • GroundsLandscaping Wooded4: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • Roof Slate2: Yes
  • Amenities Finished Attic2: Yes
  • Rooms Loft2: Yes
  • GroundsLandscaping Pool House2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, 2+, Gas, LR, Patio

Exterior Features

  • Roof: Slate
  • View: Mountain(s), Ocean, Setting, Panoramic
  • Acres: 1.96
  • Topography: Rolly, Level
  • Exclusions: Other
  • Exterior Features: Pool, Pool House, Patio Open, Patio Covered, Lawn, Wooded, Fenced: BCK
  • Foundation Details: Raised

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Parcel #: 011-090-031
  • Zoning: R-1
  • Lot Size Sq Ft: 85377.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2020
Sold by
Steven Gundry Hippo Llc
Bought by
Gundry Steven R and Gundry Penny M
Current Estimated Value
$8,936,268

Purchase Details

Listed on
Aug 21, 2018
Closed on
Sep 24, 2018
Sold by
803 Picacho Llc
Bought by
Steven Gundry Hippo Llc
Seller's Agent
Ron Brand
Compass
Buyer's Agent
Sandy Lipowski
Pitts & Bachmann Realtors
List Price
$8,900,000
Sold Price
$8,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%
Original Mortgage
$5,340,000
Outstanding Balance
$4,647,204
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$4,289,064

Purchase Details

Closed on
Feb 3, 2017
Sold by
Shah Raaj
Bought by
803 Picacho Llc

Purchase Details

Closed on
Nov 16, 2016
Sold by
Shah Seema
Bought by
803 Picacho Llc

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jul 28, 2016
Sold by
Kahler Richard L
Bought by
Shah Raaj and Shah Seema
Seller's Agent
Suzanne Perkins
Sotheby's International Realty
Buyer's Agent
Ron Brand
Sotheby's International Realty
List Price
$9,250,000
Sold Price
$6,155,000
Premium/Discount to List
-$3,095,000
-33.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%

Purchase Details

Closed on
Sep 9, 2008
Sold by
Pomeroy Robert Mark and Pomeroy Marie Lefort
Bought by
Kahier Richard L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gundry Steven R -- Orange Coast Title Company
Steven Gundry Hippo Llc $8,900,000 Fidelity National Title Co
803 Picacho Llc -- None Available
803 Picacho Llc -- None Available
803 Picacho Llc $821,000 None Available
Shah Raaj $6,155,000 Chicago Title Company
Kahier Richard L -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steven Gundry Hippo Llc $5,340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2018 10/04/18 Sold $8,900,000 0.0% $1,939 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $8,900,000 +44.6% $1,939 / Sq Ft
08/09/2016 08/09/16 Sold $6,155,000 -33.5% $1,367 / Sq Ft View Prior Sale
07/19/2016 07/19/16 Pending -- -- --
07/17/2015 07/17/15 For Sale $9,250,000 -- $2,055 / 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 $73,842 $7,139,318 $2,788,796 $4,350,522
2023 $73,842 $6,862,091 $2,680,504 $4,181,587
2022 $71,254 $6,727,542 $2,627,946 $4,099,596
2021 $69,771 $6,595,630 $2,576,418 $4,019,212
2020 $69,089 $6,528,000 $2,550,000 $3,978,000
2019 $67,542 $6,400,000 $2,500,000 $3,900,000
2018 $45,271 $4,238,100 $2,096,100 $2,142,000
2017 $44,428 $4,155,000 $2,055,000 $2,100,000
2016 $73,752 $7,070,868 $4,351,303 $2,719,565
2014 $71,381 $6,828,231 $4,201,988 $2,626,243
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ron Brand

    Compass

    (805) 455-5045

    11 in this area

    19 Total Sales

    Ron Brand
    Section Image

  • S

    Buyer's Agent in 2018

    Sandy Lipowski

    Pitts & Bachmann Realtors

  • S

    Seller's Agent in 2016

    Suzanne Perkins

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-2646

Santa Barbara Multiple Listing Service

APN: 011-090-032

California Santa Barbara County Santa Barbara 93108

803 Picacho Ln, Santa Barbara, CA

Not Listed for Sale

Detached

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