NOT LISTED FOR SALE

881 San Ysidro Ln Santa Barbara, CA 93108

Estimated Value: $8,410,000 - $10,300,000

7 Beds
11 Baths
9,454 Sq Ft
$990/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $16,300,000 $1,724 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $62,398/month

300 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Property is near an ocean
  • Santa Barbara Senior High School Rated A-
  • Spa
  • Estate

About This Home

As of August 2018

Sensational Cliff May architectural estate. Expansive, private & rare 4.25 flat and useable acreage w/ sweeping ocean and magical mountain views. Lovingly rebuilt/redefined while staying true to the original single level U shaped architecture. 7 bedrooms, 10 bathrooms. Indoor/outdoor flow from every room flooded w/ natural light. High ceilings, open beam skylights, Chefs kitchen, magnificent oxygenated pool, sport court. New onsite water well preserves lush orange orchards, expansive verdant lawns and mature landscaping. Separate guest house/maid quarters currently being used as a fully equipped gym & guest room. 6 car garage & room for large events, tennis court, equestrian etc. 2 APNs included in list price. A incomparable Estate!

Last Agent to Sell the Property

Jill Reeder

Coldwell Banker Residential License #01368477 Listed on: 09/12/2017

Coldwell Banker Residential

Last Buyer's Agent

Lisa Scibird

Berkshire Hathaway HomeServices California Properties License #02027505

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $137,108

Year Built

  • Built in 1952

Lot Details

  • 4.25 Acre Lot
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Estate
  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 9,454 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Game Room
  • Home Gym

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Deck
  • Covered Patio or Porch
  • Fireplace in Patio
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Air
  • Well
  • Sewer Stub Out

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 011-110-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$137,108

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Directions: San Ysidro Road to San Ysidro Lane
  • Prop. Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Monitored, Gate:Elec, Security Camera, Security System, Smoke Detector(s)
  • Subdivision Name: Other
  • Architectural Style: Estate
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1952
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 4.25
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Interior Access: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • Exterior BrickStone: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • WaterSewer Pvt Well In: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Appliances Included OvenBltin: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • Appliances Included Central Vac2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Security Monitored2: Yes
  • Rooms Game Room3: Yes
  • ParkingGarage Gar #6: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Oven/Bltin, Central Vac, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: Primary Bedroom, Family Room, Other, LR, Patio
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean
  • Construction Type: Brick/Stone
  • Acres: 4.25
  • Topography: Level
  • Exterior Features: Pool, Deck, Patio Open, Patio Covered, SPA-Outside, Lawn, Fruit Trees, Fenced: ALL, Drought Tolerant LND
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #6, Interior Access, Detached

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Water Source: Private, Mont Wtr

Schools

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

Lot Info

  • Parcel #: 011-110-054
  • Zoning: Other
  • Lot Size Sq Ft: 185130.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Jul 19, 2018
Sold by
Trodoll Properties Llc
Bought by
Ledley James R
Seller's Agent
Jill Reeder
Coldwell Banker Residential
Buyer's Agent
Lisa Scibird
Berkshire Hathaway HomeServices California Properties
List Price
$19,500,000
Sold Price
$16,300,000
Premium/Discount to List
-$3,200,000
-16.41%
Current Estimated Value
$9,355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,945,000
Avg. Annual Appreciation
-7.57%
Original Mortgage
$9,780,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.88%

Purchase Details

Listed on
Feb 28, 2011
Closed on
Feb 24, 2012
Sold by
Coleman Thomas M
Bought by
Trodoll Properties Llc
Seller's Agent
Randall Solakian
Coldwell Banker Realty
Buyer's Agent
John Henderson
Village Properties
List Price
$19,000,000
Sold Price
$16,100,000
Premium/Discount to List
-$2,900,000
-15.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.95%

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
Dec 29, 2008
Sold by
Homestead Llc
Bought by
Coleman Thomas M and Coleman Polly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 28, 2004
Sold by
Ingram F B and Mielko Eileen I
Bought by
Homestead Llc
Source: Public Records

Range of Values:

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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
Ledley James R $16,300,000 Fidelity National Title Co
-- -- --
Trodoll Properties Llc $16,100,000 Chicago Title Company
Coleman Thomas M -- None Available
Coleman Thomas M -- None Available
Coleman Thomas M -- None Available
Coleman Thomas M -- Chicago Title Company
Homestead Llc -- Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cliff May Trust $10,000,000
Closed Ledley James R $9,780,000
Previous Owner -- --
Previous Owner Coleman Thomas M $650,000
Previous Owner Coleman Thomas M $7,350,000
Previous Owner Coleman Thomas M $8,000,000
Previous Owner Coleman Thomas M $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $16,300,000 -16.4% $1,724 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
09/12/2017 09/12/17 For Sale $19,500,000 +21.1% $2,063 / Sq Ft
03/02/2012 03/02/12 Sold $16,100,000 -15.3% $1,703 / Sq Ft
02/20/2012 02/20/12 Pending -- -- --
02/28/2011 02/28/11 For Sale $19,000,000 -- $2,010 / 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 $137,108 $13,375,068 $6,358,457 $7,016,611
2023 $137,108 $12,855,700 $6,111,551 $6,744,149
2022 $132,301 $12,603,628 $5,991,717 $6,611,911
2021 $129,524 $12,356,499 $5,874,233 $6,482,266
2020 $128,242 $12,229,800 $5,814,000 $6,415,800
2019 $125,305 $11,990,000 $5,700,000 $6,290,000
2018 $128,021 $12,253,361 $5,961,095 $6,292,266
2017 $125,775 $12,013,100 $5,844,211 $6,168,889
2016 $121,984 $11,777,550 $5,729,619 $6,047,931
2014 $118,289 $11,373,401 $5,533,006 $5,840,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3078

Santa Barbara Multiple Listing Service

APN: 011-110-054