NOT LISTED FOR SALE

Estimated Value: $7,188,208 - $7,966,000

9 Beds
9.5 Baths
9,730 Sq Ft
$779/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $7,000,000 $719 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $43,321/month

112 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • View of Trees or Woods
  • Santa Ynez Elementary School Rated A-
  • Horses Allowed On Property
  • 40 Acre Lot

About This Home

As of March 2024

Enchanting 40-acre legacy ranch minutes from Santa Barbara, set amid the rolling countryside & endless sky of Santa Ynez Valley, sits this timeless property w/classic architecture & reimagined interiors. Located in the epicenter of the Valley's reputable polo estates, this ranch honors a connection to the land & devotion to equestrianism while just moments to SY town. 4-bedroom Main House & 2-bedroom Guest House featuring high ceilings & wrap-around porches are quietly surrounding by pristine pastures that evoke timeless appeal. 3-bedroom Farm Manager house has 3 garages for car collecting, farming or hobbies. 4 manicured 6-stall barns, & 2 wells round-out the beauty-meets-functionality within this idyllic Gentleman's Ranch. Peer through this lens into the perfect escape from urban life.

Last Agent to Sell the Property

Jim Scarborough

Berkshire Hathaway HomeServices California Properties License #01182792 Listed on: 11/13/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Patty Murphy

Sotheby's International Realty Santa Ynez Valley Brokerage License #00766586

Sotheby's International Realty Santa Ynez Valley Brokerage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 40 Acre Lot
  • Fenced
  • Sprinkler System

Parking

  • 5 Car Detached Garage
  • Attached Carport

Property Views

  • Woods
  • Valley

Home Design

  • Slate Roof

Interior Spaces

  • 9,730 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Family Room with Fireplace
  • 4 Fireplaces
  • Dining Area
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 141-042-009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

5

Listing Details

  • FILLACRES: 40.00
  • ApproxYrBlt: 1994
  • Listing Member Name: Jim Scarborough
  • Listing Office Short Id: 623
  • List Office Board Code: Santa Ynez Valley
  • Lot Size Sq Ft: 1742400.00
  • Major Area: 38 - Santa Ynez Valley
  • Open House Office I D: 20170308161033402689000000
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Selling Member Short Id: 201000101
  • Selling Office Short Id: 201000329
  • Tract Suffix: Avenue
  • Under Construction: No
  • WellInstalled: Yes
  • OFFICELIST_ZIP4: 93460
  • Accessory Dwelling Unit: No
  • Appliances Included: Garbage Disp
  • Senior Community: No
  • PrimaryBedroomOnLwrLvl: Yes
  • Special Features: None
  • Year Built: 1994

Interior Features

  • Lower Floor 1 Half Bathrooms: 1
  • Total Bathrooms: 10.00
  • Total Bedrooms: 9
  • Dining Description: Dining Area
  • FireplaceLocType: Family Room, Primary Bedroom
  • Flooring: Carpet, Wood
  • Interior Amenities: Cathedral Ceilings, Skylights
  • Fireplaces: 4

Exterior Features

  • Additional Buildings: Barn, Guest Quarters, Other, Tool Shed, Workshop
  • Exterior Features: Fenced, Horse Facility, Horses Allowed, Yard Sprinklers
  • Foundation: Partial
  • Roof: Slate
  • View: Valley, Wooded

Garage/Parking

  • Garage Spaces: 5
  • Covered Parking: Attached Carport, Detached Garage

Utilities

  • Air Conditioner: Central Air
  • Heating: Forced Air
  • Green Energy: None
  • Sewer: Septic Tank
  • Hot Water: Public, Well

Condo/Co-op/Association

  • HOA: No

Green Features

  • Green Features: Other - See Remarks
  • Green Ratings: None

Rental Info

  • Deposit: 3.00

Tax Info

  • Assessor Parcel Number: 141-042-009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Feb 23, 2024
Sold by
Bel Cavallo Llc
Bought by
La Karina Llc
Seller's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Patty Murphy
Sotheby's International Realty Santa Ynez Valley Brokerage
List Price
$9,949,000
Sold Price
$7,000,000
Premium/Discount to List
-$2,949,000
-29.64%
Views
81
Current Estimated Value
$7,378,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,503
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Dec 23, 2022
Sold by
Fior Di Dodo Llc
Bought by
Bel Cavallo Llc

Purchase Details

Closed on
Feb 18, 2022
Sold by
Patricia Youngman Trust and Carpenter Michael
Bought by
Bel Cavallo Llc and Fior Di Dodo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 1996
Sold by
Youngman Arn K and Youngman Tr 6-13-90
Bought by
Youngman Patricia

Purchase Details

Closed on
Sep 16, 1993
Sold by
Firestone Farming Company Ltd Partnershi
Bought by
Youngman Arn K and Youngman Patricia
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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Purchase History

Date Buyer Sale Price Title Company
La Karina Llc $7,000,000 First American Title
La Karina Llc $7,000,000 First American Title
Bel Cavallo Llc -- --
Bel Cavallo Llc -- --
Bel Cavallo Llc $10,100,000 First American Title
Bel Cavallo Llc $10,100,000 First American Title
Youngman Patricia -- --
Youngman Patricia -- --
Youngman Arn K $500,000 First American Title
Youngman Arn K $500,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bel Cavallo Llc $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $7,000,000 -14.6% $719 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
01/29/2024 01/29/24 Price Changed $8,195,000 -17.6% $842 / Sq Ft
11/13/2023 11/13/23 For Sale $9,949,000 -- $1,023 / Sq Ft
Source: North Santa Barbara County Regional MLS

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 $57,319 $6,884,387 $1,724,887 $5,159,500
2023 $57,319 $5,289,618 $1,293,038 $3,996,580
2022 $45,083 $4,222,920 $1,235,089 $2,987,831
2021 $44,420 $4,158,948 $1,221,747 $2,937,201
2020 $40,911 $3,841,463 $765,645 $3,075,818
2019 $40,114 $3,771,507 $743,018 $3,028,489
2018 $39,472 $3,708,826 $721,900 $2,986,926
2017 $37,271 $3,494,867 $709,340 $2,785,527
2016 $36,012 $3,420,880 $689,969 $2,730,911
2014 $34,765 $3,302,445 $665,242 $2,637,203
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 23001976

North Santa Barbara County Regional MLS

APN: 141-042-009