$14,625,000
SOLD APR 5, 2013

888 Lilac Dr Santa Barbara, CA 93108

6 Beds
8 Baths
11,306 Sq Ft
2.08 Acres

Recently Sold

$1,294 Per Sq Ft

23% Below List Price

365 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Sauna
  • Santa Barbara Senior High School Rated A-
  • Spa
  • 2.08 Acre Lot

About This Home

As of April 2013

Inspired by the glamour and elegance of 1920s Paris, this breathtaking newer estate was designed with the highest quality to be low in EMFs and toxins while boasting endless ocean views, a prime yet peaceful Montecito location and unmatched sophistication. The 6bd/8ba home has a gym, two game rooms, media room, 1bd guesthouse, swimmer’s pool, organic gardens, stone amphitheater and Wimbledon lawn.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 03/22/2012

Last Buyer's Agent

Ryan Malmsten

Santa Barbara Brokers, Inc. License #01867047

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $182,413

Year Built

  • Built in 2006

Lot Details

  • 2.08 Acre Lot
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Property is in excellent condition
  • Property is zoned R-2

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Game Room
  • Sauna
  • Breakfast Area or Nook
  • Home Gym
  • Home Security System
  • Laundry Room

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Parking

  • Garage
  • Uncovered Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio

Schools

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

Additional Features

  • Guest House
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 007-070-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$182,413

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Buena Vista to Lilac or East Valley to Lilac. On the south side of Lilac.
  • Prop. Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Subdivision Name: Other
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2006
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.08
  • 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
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • GroundsLandscaping Sauna3: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • Rooms Game Room3: Yes
  • Assessor's Data Assessor Year Built: 2006.0
  • Assessor's Data Assessor Lot Acres: 2.08
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Family Room, Other, 2+, Gas, LR, Patio

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Panoramic
  • Construction Type: Stucco
  • Acres: 2.08
  • Topography: Level
  • Exterior Features: Pool, Patio Open, Patio Covered, SPA-Outside, Sauna, Fruit Trees

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4, Unc #4

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 007-070-022
  • Zoning: R-2
  • Lot Size Sq Ft: 90604.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2013
Sold by
Jandl Hilary
Bought by
Jandl Hilary

Purchase Details

Listed on
Mar 22, 2012
Closed on
Mar 20, 2013
Sold by
Blair Christopher R and Blair Heather E Bassett
Bought by
Jandi Hilary
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Ryan Malmsten
Santa Barbara Brokers, Inc.
List Price
$18,900,000
Sold Price
$14,625,000
Premium/Discount to List
-$4,275,000
-22.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.89%

Purchase Details

Closed on
Jul 18, 2007
Sold by
Blair Christopher R and Blair Heather E Bassett
Bought by
Blair Christopher R and Blair Heather E Bassett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2005
Sold by
Blair Christopher R
Bought by
Blair Christopher R and Blair Heather E Bassett

Purchase Details

Closed on
Dec 30, 2003
Sold by
Nigro James
Bought by
Blair Christopher R

Purchase Details

Closed on
Dec 23, 2003
Sold by
Blair Heather Bassett
Bought by
Blair Christopher R

Purchase Details

Closed on
Oct 6, 2003
Sold by
Nigro Judith
Bought by
Nigro James

Purchase Details

Closed on
Mar 30, 1999
Sold by
Nigro Judith
Bought by
Nigro James

Purchase Details

Closed on
Mar 23, 1998
Sold by
Porter Alan R
Bought by
Nigro James
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer $500 None Available
Grant Deed $14,625,000 Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Grant Deed -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed -- Lawyers Title Company
Interfamily Deed Transfer -- Stewart Title
Grant Deed -- Stewart Title
Grant Deed $1,325,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000,000 New Conventional
Closed $10,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $4,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 For Sale $29,995,000 0.0% $2,206 / Sq Ft
05/15/2024 05/15/24 Off Market $29,995,000 -- --
04/22/2024 04/22/24 For Sale $29,995,000 +105.1% $2,206 / Sq Ft
04/05/2013 04/05/13 Sold $14,625,000 -22.6% $1,294 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
03/21/2012 03/21/12 For Sale $18,900,000 -- $1,672 / 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 $182,413 $18,009,636 $8,158,210 $9,851,426
2023 $182,413 $17,310,302 $7,841,418 $9,468,884
2022 $175,847 $16,970,885 $7,687,665 $9,283,220
2021 $142,323 $13,750,000 $4,070,000 $9,680,000
2020 $129,457 $11,500,000 $3,000,000 $8,500,000
2019 $118,769 $16,144,630 $7,313,379 $8,831,251
2018 $163,414 $15,828,070 $7,169,980 $8,658,090
2017 $160,642 $15,517,717 $7,029,393 $8,488,324
2016 $155,862 $15,213,449 $6,891,562 $8,321,887
2015 $153,843 $14,984,930 $6,788,045 $8,196,885
2014 -- $14,691,397 $6,655,077 $8,036,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-944

Santa Barbara Multiple Listing Service

APN: 007-070-022