A
Seller's Agent in 2025
Aaron L Gilles
Village Properties - 1
(805) 681-8800
4 in this area
71 Total Sales
1402 Grand Ave Santa Barbara, CA 93103
Lower Riviera NeighborhoodEstimated Value: $4,015,000 - $4,416,000
4
Beds
5
Baths
2,423
Sq Ft
$1,759/Sq Ft
Est. Value
Highlights
- Ocean View
- Guest House
- Updated Kitchen
- Santa Barbara Senior High School Rated A-
- Spa
- 5.21 Acre Lot
About This Home
As of January 2025Discover one of the Riviera's best kept secrets.. 1402 Grand Avenue offers 5+ park-like acres of breathtaking, unobstructed views of the city, ocean, islands, and the Santa Barbara Harbor. Peacefully nestled in a serene setting, this unique property features a tastefully remodeled main residence and a charming detached studio, all within a mile of the vibrant energy of downtown Santa Barbara.
Enter your private retreat via a meandering 600-foot gated drive that leads to an expansive parking area accommodating 10+ vehicles along with a brand new oversized 2 car garage. The main home features 4 bedrooms, 2 full baths, and 2 half baths, with mesmerizing ocean views from every room in the house. Highlights include a recently remodeled kitchen w/ high-end appliances, updated bathrooms & a combination of 8" wide French Oak & Italian stone flooring. The primary suite offers ample space to take in the city lights at night or one might find themself enjoying the elements from the large view deck just outside the sliding door.
The detached studio, complete with a full bath, offers amazing views along with a large rooftop deck that provides the perfect setting for outdoor gatherings. With over 600 square feet of outdoor patio space, this home seamlessly blends indoor and outdoor living, inviting you to soak in the views while admiring the natural beauties within the confines of your own personal park. Find yourself hiking in your own backyard, exploring multiple natural pathways, casually climbing over ridge-top trails & then escaping down into the hidden valleys that you'll find tucked amongst the 5+ acres. This is a rare opportunity to own a truly special ocean view "park" with the potential to be nothing less than iconic.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,694
Year Built
- Built in 1962
Lot Details
- 5.21 Acre Lot
- Cul-De-Sac
- Partially Fenced Property
- Lot Has A Rolling Slope
- Irrigation
- Hilly Lot
- Fruit Trees
- Wooded Lot
- Lawn
- Property is in excellent condition
Parking
- 2 Car Detached Garage
- Uncovered Parking
Property Views
- Ocean
- Island
- Coastline
- Harbor
- Panoramic
- City
- Woods
- Mountain
- Park or Greenbelt
Home Design
- Mediterranean Architecture
- Raised Foundation
- Slab Foundation
- Stucco
Interior Spaces
- 2,423 Sq Ft Home
- 2-Story Property
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Bar
- Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Remodeled Bathroom
Outdoor Features
- Spa
- Deck
- Patio
- Office or Studio
Additional Homes
- Guest House
Location
- Property is near a park
- Property is near public transit
- Property is near schools
- Property is near shops
- Property is near a bus stop
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 029-110-047
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 15 Riviera/Lower Subdivision
Amenities
- Restaurant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Jan 3, 2025
Sold by
Kearns Family Trust and Kearns Joe
Bought by
Mcdermid-Yamout Trust and Mcdermid
Seller's Agent
Aaron L Gilles
Village Properties - 1
Buyer's Agent
Non Member
Non Member Office
List Price
$5,395,000
Sold Price
$4,245,000
Premium/Discount to List
-$1,150,000
-21.32%
Total Days on Market
80
Views
466
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,230
Avg. Annual Appreciation
1.41%
Original Mortgage
$2,971,500
Outstanding Balance
$2,963,871
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,298,359
Purchase Details
Closed on
Mar 2, 2023
Sold by
Kearns Joseph and Kearns Bonnie R
Bought by
Kearns Family Trust
Purchase Details
Listed on
Apr 13, 2016
Closed on
Aug 24, 2016
Sold by
Midwest Institution Llc
Bought by
Kearns Joseph and Kearns Bonnie
Seller's Agent
Sheela Hunt
Village Properties
Buyer's Agent
Aaron L Gilles
Village Properties - 1
List Price
$3,495,000
Sold Price
$2,872,500
Premium/Discount to List
-$622,500
-17.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$2,441,625
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 5, 2004
Sold by
Koehler Robert M and Koehler Christine K
Bought by
Midwest Institution
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcdermid-Yamout Trust | $4,245,000 | Chicago Title Company | |
| Kearns Family Trust | -- | -- | |
| Kearns Joseph | $2,872,500 | Wfg National Title Company | |
| Midwest Institution | $1,400,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcdermid-Yamout Trust | $2,971,500 | |
| Previous Owner | Kearns Joseph | $3,000,000 | |
| Previous Owner | Kearns Joseph | $2,210,000 | |
| Previous Owner | Kearns Joseph | $2,441,625 | |
| Previous Owner | Koehler Robert M | $1,000,000 | |
| Previous Owner | Koehler Robert M | $400,000 | |
| Previous Owner | Koehler Robert M | $1,137,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $4,245,000 | -3.5% | $1,752 / Sq Ft |
| 12/08/2024 12/08/24 | Pending | -- | -- | -- |
| 11/13/2024 11/13/24 | Price Changed | $4,400,000 | -11.1% | $1,816 / Sq Ft |
| 10/09/2024 10/09/24 | Price Changed | $4,950,000 | -8.2% | $2,043 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $5,395,000 | +87.8% | $2,227 / Sq Ft |
| 09/06/2016 09/06/16 | Sold | $2,872,500 | -17.8% | $1,306 / Sq Ft |
| 06/24/2016 06/24/16 | Pending | -- | -- | -- |
| 04/13/2016 04/13/16 | For Sale | $3,495,000 | -- | $1,589 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $35,694 | $3,269,324 | $2,347,588 | $921,736 |
| 2022 | $33,468 | $3,141,495 | $2,296,655 | $844,840 |
| 2021 | $32,697 | $3,079,898 | $2,251,623 | $828,275 |
| 2020 | $32,359 | $3,048,319 | $2,228,536 | $819,783 |
| 2019 | $31,792 | $2,988,549 | $2,184,840 | $803,709 |
| 2018 | $31,340 | $2,929,950 | $2,142,000 | $787,950 |
| 2017 | $30,303 | $2,872,500 | $2,100,000 | $772,500 |
| 2016 | $15,875 | $1,499,572 | $1,177,496 | $322,076 |
| 2014 | $15,443 | $1,448,114 | $1,137,090 | $311,024 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron L Gilles
-
N
Buyer's Agent in 2025
Non Member
Non Member Office
-
Sheela Hunt
S
Seller's Agent in 2016
Sheela Hunt
Village Properties
(805) 698-3767
1 in this area
25 Total Sales
-
Mark Hunt
M
Seller Co-Listing Agent in 2016
Mark Hunt
Village Properties
(805) 698-2174
4 Total Sales
Map
Similar Homes in Santa Barbara, CA
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3126
APN: 029-110-047
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