NOT LISTED FOR SALE

948 Las Palmas Dr Santa Barbara, CA 93110

Hope Ranch Neighborhood

Estimated Value: $4,380,000 - $5,415,000

3 Beds
2.5 Baths
3,400 Sq Ft
$1,435/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $4,700,000 $1,382 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $32,241/month

19 Days on Market

Highlights

  • Pool House
  • Property is near an ocean
  • Property is near park and schools
  • Vieja Valley Elementary School Rated A
  • Mountain View
  • Multiple Fireplaces

About This Home

As of August 2023

Indulge in the tranquility of Hope Ranch as you escape to this exquisitely crafted home, meticulously designed to offer a serene and private setting. Boasting three bedrooms, two and a half bathrooms, and a spacious layout spanning +/-3,400 square feet, you'll find ample room for comfortable living and relaxation.

From the moment you arrive, the palm tree-lined streets and welcoming circular driveway set the stage for a true oasis of calm. Sunlight cascades through expansive windows and French doors, bathing each room in a warm and inviting ambiance. The interior of this lovingly maintained home creates an atmosphere of peace and serenity, providing the perfect space to unwind and rejuvenate. Step outside into the generous backyard, where a glistening pool beckons on hot summer days. Whether it's a refreshing swim or simply lounging poolside, this tranquil retreat offers the ideal escape. The patio space provides a charming setting for al fresco dining or hosting gatherings.

Take a moment to soak in the breathtaking mountain views, a picturesque backdrop that complements the grandeur of the property's substantial +/-1.28-acre flat lot. This vast space invites a myriad of possibilities. Car enthusiasts and hobbyists will appreciate the generous garage space, accommodating storage and projects with ease.

Enjoy private access to The Hope Ranch beach and enchanting hiking and horseback riding trails. Immerse yourself in the unhurried pace of life that Hope Ranch offers, where you can fully embrace the beauty of nature and find solace in the true meaning of tranquility.

Last Agent to Sell the Property

Steve Epstein

Keller Williams Realty Santa Barbara License #00994429 Listed on: 07/07/2023

Keller Williams Realty Santa Barbara

Co-Listed By

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429

Last Buyer's Agent

Jen Stein

Keller Williams Realty Santa Barbara License #01786020

Keller Williams Realty Santa Barbara

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 1.28 Acre Lot
  • Level Lot
  • Property is zoned EX-1

HOA Fees

  • $2,663 Monthly HOA Fees

Home Design

  • Ranch Style House

Interior Spaces

  • 3,400 Sq Ft Home
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Pool House
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Property is near a lake
  • Patio

Location

  • Property is near park and schools

Schools

  • Vieja Valley Elementary School
  • Lacolina Middle School
  • San Marcos High School

Listing and Financial Details

  • Assessor Parcel Number 063-092-010

Community Details

Overview

  • $750 HOA Transfer Fee
  • 25 Hope Ranch Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

1.28 Acres

HOA Fees

$2,663 per month

Listing Details

  • Association Fee: 2663.46
  • Association Transfer Fee: 750
  • Prop. Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Reso Association Amenities: Other, Tennis Court(s)
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Hardwood
  • Unit Levels: Single Story
  • Reso Other Structures: Other
  • Property Information Year Built2: 1963
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.28
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Dining Breakfast Area2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • GroundsLandscaping Pool House2: Yes
  • Proximity Lake2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, 2, LR

Exterior Features

  • View: Mountain(s)
  • Acres: 1.28
  • Topography: Level
  • Exterior Features: Other, Pool, Pool House, Patio Open

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 063-092-010
  • Zoning: EX-1
  • Lot Size Sq Ft: 55756.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 15, 2023
Sold by
Jackson Lisa
Bought by
Gross Family 2007 Revocable Trust and Gross
Seller's Agent
Steve Epstein
Keller Williams Realty Santa Barbara
Buyer's Agent
Jen Stein
Keller Williams Realty Santa Barbara
List Price
$4,994,900
Sold Price
$4,700,000
Premium/Discount to List
-$294,900
-5.9%
Views
532
Current Estimated Value
$4,879,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,227
Avg. Annual Appreciation
1.47%
Original Mortgage
$441,687
Outstanding Balance
$430,628
Interest Rate
6.96%
Estimated Equity
$4,448,599

Purchase Details

Closed on
Oct 25, 2022
Sold by
Jackson Lisa
Bought by
Carey Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2012
Closed on
Oct 16, 2012
Sold by
Bohn David W and Bohn Joan S
Bought by
Jackson Lisa
Seller's Agent
Keith Berry
Coldwell Banker Realty
Buyer's Agent
Ryan Malmsten
Santa Barbara Brokers, Inc.
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Jan 23, 2007
Sold by
Bohn David W and Bohn Joan S
Bought by
Bohn David W and Bohn Joan S
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
Gross Family 2007 Revocable Trust $4,700,000 Fidelity National Title Compan
Carey Properties Inc -- Chicago Title
Jackson Lisa $2,100,000 Fidelity National Title Co
Bohn David W -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Family 2007 Revocable Trust $441,687
Open Gross Family 2007 Revocable Trust $2,058,313
Previous Owner Carey Properties Inc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $4,700,000 -5.9% $1,382 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $4,994,900 +137.9% $1,469 / Sq Ft
10/18/2012 10/18/12 Sold $2,100,000 0.0% $630 / Sq Ft View Prior Sale
09/28/2012 09/28/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $2,100,000 -- $630 / 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 $50,281 $2,007,944 $848,149 $1,159,795
2023 $50,281 $2,485,572 $1,301,966 $1,183,606
2022 $26,267 $2,436,837 $1,276,438 $1,160,399
2021 $25,321 $2,389,057 $1,251,410 $1,137,647
2020 $25,053 $2,364,561 $1,238,579 $1,125,982
2019 $24,309 $2,318,198 $1,214,294 $1,103,904
2018 $23,834 $2,272,744 $1,190,485 $1,082,259
2017 $23,359 $2,228,182 $1,167,143 $1,061,039
2016 $22,766 $2,184,493 $1,144,258 $1,040,235
2014 $22,170 $2,109,534 $1,104,994 $1,004,540
Source: Public Records

Agents Affiliated with this Home

  • Steve Epstein

    Seller's Agent in 2023

    Steve Epstein

    Keller Williams Realty Santa Barbara

    (805) 689-9339

    1 in this area

    134 Total Sales

    Steve Epstein
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    The Epstein Partners

    Keller Williams Realty Santa Barbara

  • Jen Stein

    Buyer's Agent in 2023

    Jen Stein

    Keller Williams Realty Santa Barbara

    (805) 319-5866

    1 in this area

    38 Total Sales

    Jen Stein
    Section Image

  • K

    Seller's Agent in 2012

    Keith Berry

    Coldwell Banker Realty

  • Ryan Malmsten

    Buyer's Agent in 2012

    Ryan Malmsten

    Santa Barbara Brokers, Inc.

    (805) 444-7926

    3 in this area

    38 Total Sales

    Ryan Malmsten
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1986

Santa Barbara Multiple Listing Service

APN: 063-092-010

California Santa Barbara County Santa Barbara 93110 Hope Ranch

948 Las Palmas Dr, Santa Barbara, CA

Not Listed for Sale

Detached

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