Seller's Agent in 2025
Kendrick Guehr
Keller Williams Realty Santa Barbara
(805) 448-4185
1 in this area
96 Total Sales
2775 E Valley Rd Santa Barbara, CA 93108
Summerland NeighborhoodEstimated Value: $4,430,000 - $5,173,113
4
Beds
3.5
Baths
3,598
Sq Ft
$1,290/Sq Ft
Est. Value
Highlights
- Tennis Courts
- Mountain View
- Spanish Architecture
- Estate
- Wood Flooring
- Lawn
About This Home
As of January 2025Offering exceptional value in Montecito with significant upside potential, this 4-bedroom, 3.5-bathroom estate spans 3,598 square feet of living space on a lush, private one-acre lot. Set behind a stately entrance lined with towering palm trees, the Spanish hacienda-style home is surrounded by vibrant landscaping, including mature oaks, eucalyptus trees, hydrangeas, and abundant greenery.
The property features a tennis court, a three-car garage with a motor court, and a backyard designed for both relaxation and entertainment. It is equipped with an outdoor fireplace, a flagstone patio, and ample space to add a pool or ADU. Multiple sets of French doors seamlessly integrate the beauty of the outdoors with the interior spaces, creating an effortless flow between indoor and outdoor living.
The south-facing backyard fills the interior with abundant natural light, while the wide archways and thoughtful floor plan enhance the sense of spaciousness. The main level includes an elegant dining room, a living room with a fireplace, and a kitchen outfitted with premium Wolf, Sub-Zero, and Miele appliances. A sunny breakfast area opens to the picturesque grounds, while a serene family room and a private-entry guest suite offer added flexibility.
The upper level features a spacious primary suite with a private office or sitting room and breathtaking mountain views. Two additional bedrooms and a shared bathroom complete the floor, providing comfortable accommodations for family or guests.
Located on one of Montecito's most prominent thoroughfares, this property is just moments from the area's finest attractions, including downtown Montecito, the polo fields, Summerland, and several beautiful beaches. Brimming with charm and untapped potential, this estate invites you to create your dream retreat in one of California's most coveted locations.
Last Listed By
Keller Williams Realty Santa Barbara License #01964065 Listed on: 12/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,779
Year Built
- Built in 1987
Lot Details
- 1 Acre Lot
- Back Yard Fenced
- Level Lot
- Lawn
- Property is in good condition
- Property is zoned E-1
Parking
- Direct Access Garage
Home Design
- Estate
- Spanish Architecture
- Mediterranean Architecture
- Raised Foundation
- Tile Roof
- Stucco
Interior Spaces
- 3,598 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Mountain Views
Kitchen
- Breakfast Area or Nook
- Built-In Gas Oven
- Built-In Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
- 220 Volts In Laundry
Outdoor Features
- Tennis Courts
- Fireplace in Patio
Schools
- Summerland Elementary School
- Carp. Jr. Middle School
- Carp. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Sewer Stub Out
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 005-030-025
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2024
Closed on
Jan 16, 2025
Sold by
Wright Kenneth Frederick and Hiller Kristen Marie
Bought by
Lilibet Holdings Llc
Seller's Agent
Kendrick Guehr
Keller Williams Realty Santa Barbara
Buyer's Agent
Robert Riskin
Village Properties
List Price
$4,750,000
Sold Price
$4,477,900
Premium/Discount to List
-$272,100
-5.73%
Total Days on Market
19
Views
96
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
$164,878
Avg. Annual Appreciation
15.56%
Purchase Details
Closed on
Aug 13, 2024
Sold by
John Steven Ziegler Trust and Ziegler John Steven
Bought by
Wright Kenneth Frederick and Hiller Kristen Marie
Purchase Details
Closed on
Oct 25, 2022
Sold by
Wright Kenneth Frederick and Wright Kristen Marie
Bought by
John Steven Ziegler Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 18, 2021
Sold by
Serious About Property Llc
Bought by
Wright Kenneth Frederick and Hiller Kristen Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
2.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 13, 2020
Sold by
Regeer Bert and Regeer Belinda
Bought by
Serious About Property Llc
Purchase Details
Listed on
Jan 20, 2016
Closed on
Feb 19, 2016
Sold by
Hodge Rosalie J
Bought by
Regeer Family Revocable Living Trust
Seller's Agent
Harry Kolb
Sotheby's International Realty
Buyer's Agent
Marie Sue Parsons &
Berkshire Hathaway HomeServices California Properties
List Price
$2,795,000
Sold Price
$2,500,000
Premium/Discount to List
-$295,000
-10.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$2,125,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2001
Sold by
Hodge John W and Hodge Rosalie J
Bought by
Hodge John W and Hodge Rosalie J
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 |
|---|---|---|---|
| Lilibet Holdings Llc | $4,478,000 | First American Title | |
| Wright Kenneth Frederick | -- | First American Title | |
| John Steven Ziegler Trust | $47,000 | First American Title | |
| Wright Kenneth Frederick | $2,550,000 | First American Title Company | |
| Serious About Property Llc | -- | None Available | |
| Regeer Family Revocable Living Trust | $2,500,000 | Chicago Title Company | |
| Hodge John W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | John Steven Ziegler Trust | $2,600,000 | |
| Previous Owner | Wright Kenneth Frederick | $2,631,603 | |
| Previous Owner | Wright Kenneth Frederick | $2,500,000 | |
| Previous Owner | Regeer Bert | $322,000 | |
| Previous Owner | Regeer Bert | $200,000 | |
| Previous Owner | Regeer Bert | $2,000,000 | |
| Previous Owner | Regeer Family Revocable Living Trust | $2,125,000 | |
| Previous Owner | Hodge John W | $250,000 | |
| Previous Owner | Hodge John W | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2025 01/24/25 | Sold | $4,477,900 | -5.7% | $1,245 / Sq Ft |
| 12/30/2024 12/30/24 | Pending | -- | -- | -- |
| 12/11/2024 12/11/24 | For Sale | $4,750,000 | +90.0% | $1,320 / Sq Ft |
| 02/26/2016 02/26/16 | Sold | $2,500,000 | -10.6% | $667 / Sq Ft |
| 01/25/2016 01/25/16 | Pending | -- | -- | -- |
| 07/20/2015 07/20/15 | For Sale | $2,795,000 | -- | $746 / 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 | $38,779 | $3,473,320 | $2,246,560 | $1,226,760 |
| 2022 | $37,538 | $3,400,000 | $2,200,000 | $1,200,000 |
| 2021 | $30,488 | $2,734,114 | $1,367,057 | $1,367,057 |
| 2020 | $30,127 | $2,706,080 | $1,353,040 | $1,353,040 |
| 2019 | $29,346 | $2,653,020 | $1,326,510 | $1,326,510 |
| 2018 | $28,938 | $2,601,000 | $1,300,500 | $1,300,500 |
| 2017 | $28,363 | $2,550,000 | $1,275,000 | $1,275,000 |
| 2016 | $11,035 | $920,018 | $307,209 | $612,809 |
| 2015 | $10,725 | $906,200 | $302,595 | $603,605 |
| 2014 | $10,149 | $888,450 | $296,668 | $591,782 |
Source: Public Records
Agents Affiliated with this Home
-
Kendrick Guehr
-
T
Seller Co-Listing Agent in 2025
The Epstein Partners
Keller Williams Realty Santa Barbara
-
Robert Riskin
Buyer's Agent in 2025
Robert Riskin
Village Properties
(805) 698-0199
13 in this area
210 Total Sales
-
Harry Kolb
Seller's Agent in 2016
Harry Kolb
Sotheby's International Realty
(805) 969-0248
7 Total Sales
-
M
Buyer's Agent in 2016
Marie Sue Parsons &
Berkshire Hathaway HomeServices California Properties
-
Stephanie Young
Buyer's Agent in 2016
Stephanie Young
Berkshire Hathaway HomeServices California Properties
(805) 453-8528
90 Total Sales
Map
Similar Homes in Santa Barbara, CA
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3927
APN: 005-030-025
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