NOT LISTED FOR SALE

Estimated Value: $1,645,000 - $10,068,086

3 Beds
4.5 Baths
3,365 Sq Ft
$2,027/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $12,750,000 $3,789 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $47,156/month

62 Days on Market

Highlights

  • Ocean Front
  • 1.13 Acre Lot
  • Fireplace in Primary Bedroom
  • Spa
  • Cape Cod Architecture
  • Deck

About This Home

As of February 2021

Discover the limitless possibilities of coastal living at 849 Sand Point, an exquisite Cape Cod-style beachfront estate with notable amenities. Graced with more than two acres of land and 250+ feet of stunning ocean frontage (two add'tl parcels provide even more frontage) this oasis offers ocean, island and mountain views from sunrise to sunset. A long, private and gated driveway provides abundant space for hosting. Generally seen in estate properties of significance, the motor court is flanked by groomed hedges and gardens creating a transformative experience as one leaves the hustle and bustle of the outside world and travels up the picturesque drive to the flawlessly maintained estate. Built in 2011 and retaining every inch of its modern style it is also exceptionally livable and cozy Entering the covered entry one meets stately wood and glass doors that give way to a soaring, two-story foyer with a gallery wall and clerestory windows. Once inside, a spacious yet welcoming open-concept living and dining area is lined by a wall of folding glass doors, which open to the expansive, ocean-facing deck for effortlessly irresistible indoor-outdoor living. From every window in every room, the ocean blue captivates and entrances and the gardens and mountains beyond captivate. The Primary Suite is a secluded sanctuary commanding its very own level, with a fireplace, private deck and a luxurious soaking tub overlooking the Pacific Ocean to transfix as you unwind. Guest rooms are located at comfortable distances, and each has outdoor access and en suite baths. The generous, upscale but comfortable kitchen is airy with a hint of luxury, complemented by a center island, high-end appliances and large pantry. The exercise room could be a fourth bedroom, office or other flex room, flows to the oceanfront deck. There are two versatile, multi-use structures on the property with plans for a third. A charming lawn and garden with a private gate to the beach provides unprecedented and easy access to the sand, ideal for delivering and launching surfboards, jet skis and other recreational equipment without traversing the breakwater in front. The hot tub, situated at one end of the beach-facing deck, is perfect for unforgettable entertaining or simply relaxing in seaside solitude at the end of a busy day. Constructed on pillars offset from the ground to withstand coastal high water and climate change, this estate is as smart as it is gorgeous, the true pinnacle of oceanfront living, in the Santa Barbara area or anywhere.

Last Agent to Sell the Property

Bartron Real Est Group

Berkshire Hathaway HomeServices California Properties License #01005021 / 01950975 / 00966870 / 01976075 Listed on: 11/24/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 1.13 Acre Lot
  • Ocean Front
  • Gated Home
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Beach
  • Panoramic
  • Mountain

Home Design

  • Cape Cod Architecture
  • Craftsman Architecture
  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Shingle Exterior

Interior Spaces

  • 3,365 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Skylights
  • Multiple Fireplaces
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Gym
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck

Schools

  • Aliso Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Additional Features

  • Property is near shops
  • Forced Air Heating System

Community Details

  • 05 Sandyland Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-440-014

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2011
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Waterfront, Oceanfront
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Subdivision Name: 05 - Sandyland Cove
  • Architectural Style: Cal Cottage, Cape Cod, Craftsman
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2011
  • Property Information Apx # Acres: 1.13
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • ParkingGarage Interior Access: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 3365.0
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Exercise Room2: Yes
  • Dining Breakfast Area2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Fireplace(s):_two_3: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • View Beach2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Gar #4: Yes
  • LocationTopo Oceanfront2: Yes
  • Appliances Included Central Vac2: Yes
  • Style Craftsman2: Yes
  • Exterior Wood Shingles: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vac, Disposal, Gas Stove
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, 2, LR

Exterior Features

  • Roof: Composition
  • View: Beach, Mountain(s), Ocean, Panoramic
  • Construction Type: Wood Shingles
  • Acres: 1.13
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Deck, Hot Tub, Lawn, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4, Interior Access, Detached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Carp Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Aliso
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-440-014
  • Zoning: R-1
  • Lot Size Sq Ft: 49222.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Feb 10, 2021
Sold by
Cts Sand Point Llc
Bought by
Slp6 Llc
Seller's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$14,249,000
Sold Price
$12,750,000
Premium/Discount to List
-$1,499,000
-10.52%
Current Estimated Value
$6,820,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,929,638
Avg. Annual Appreciation
-12.01%
Original Mortgage
$7,000,000
Outstanding Balance
$6,217,718
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$602,644

Purchase Details

Closed on
Jul 24, 2019
Sold by
Cts Properties Ltd
Bought by
Cts Sand Point Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,337,500
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 26, 2012
Closed on
Feb 13, 2013
Sold by
Coleman Thomas M
Bought by
Cts Properties Ltd
Seller's Agent
John Henderson
Village Properties
Buyer's Agent
Emily McBride
Coldwell Banker Realty
List Price
$8,800,000
Sold Price
$8,300,000
Premium/Discount to List
-$500,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.51%
Original Mortgage
$5,000,000
Interest Rate
3.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2011
Sold by
Coleman Thomas M
Bought by
Coleman Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2011
Sold by
Coleman Thomas M
Bought by
Coleman Thomas M

Purchase Details

Closed on
Mar 22, 2011
Sold by
Coleman Polly Ann
Bought by
Coleman Thomas M

Purchase Details

Closed on
Nov 27, 2007
Sold by
Coleman Thomas M and Coleman Polly A
Bought by
Coleman Thomas M and Coleman Polly Ann

Purchase Details

Closed on
Aug 30, 2007
Sold by
Homestead Llc
Bought by
Coleman Thomas M

Purchase Details

Closed on
Apr 19, 2004
Sold by
Persoon Henry and Persoon Manica
Bought by
Homestead Llc

Purchase Details

Closed on
Oct 26, 1999
Sold by
Powers James H and Powers Ruth P
Bought by
Persoon Henry and Persoon Manica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
7.62%
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
Slp6 Llc $12,750,000 First American Title
Cts Sand Point Llc -- None Available
Cts Properties Ltd $8,300,000 Fidelity National Title Co
Coleman Thomas M -- Chicago Title Company
Coleman Thomas M -- None Available
Coleman Thomas M -- None Available
Coleman Thomas M -- None Available
Coleman Thomas M -- None Available
Coleman Thomas M -- None Available
Homestead Llc -- Chicago Title Company
Persoon Henry -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slp6 Llc $7,000,000
Previous Owner Cts Sand Point Llc $6,337,500
Previous Owner Cts Properties Ltd $5,000,000
Previous Owner Coleman Thomas M $4,500,000
Previous Owner Persoon Henry $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $12,750,000 -10.5% $3,789 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $14,249,000 +71.7% $4,234 / Sq Ft
02/20/2013 02/20/13 Sold $8,300,000 -5.7% $2,525 / Sq Ft View Prior Sale
02/03/2013 02/03/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $8,800,000 -- $2,677 / 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 $142,142 $13,763,123 $10,553,713 $3,209,410
2023 $142,142 $13,228,686 $10,143,900 $3,084,786
2022 $137,336 $12,969,300 $9,945,000 $3,024,300
2021 $99,612 $9,402,671 $8,265,024 $1,137,647
2020 $98,605 $9,306,259 $8,180,277 $1,125,982
2019 $96,658 $9,123,784 $8,019,880 $1,103,904
2018 $95,126 $8,944,887 $7,862,628 $1,082,259
2017 $93,471 $8,769,498 $7,708,459 $1,061,039
2016 $91,857 $8,597,548 $7,557,313 $1,040,235
2014 $85,399 $8,302,523 $7,297,983 $1,004,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4561

Santa Barbara Multiple Listing Service

APN: 005-440-014