SOLD FEB 25, 2025
5 Beds
7 Baths
4,600 Sq Ft
1.65 Acres

Recently Sold

$1,646 Per Sq Ft

5% Below List Price

173 Days on Market

Highlights

  • Spa
  • Property is near an ocean
  • Estate
  • Vieja Valley Elementary School Rated A
  • Solar Power System
  • Golf Course View

About This Home

As of February 2025

Discover a rare opportunity to own a pedigree property in the prestigious Hope Ranch, featuring a stunning 5-bedroom, 7-bath Plunkett home set on 1.65 acres with breathtaking views of the lake, golf course, and mountains. Designed by renowned Santa Barbara architect Joseph Plunkett, this estate, built in 1927 and thoughtfully remodeled, offers a seamless blend of timeless elegance and modern comfort, capturing the essence of full-time resort living or a luxurious second-home retreat. As you arrive at this grand residence, the formal entry warmly welcomes you, with doors opening to both the front and back terraces. Inside, elegant hardwood floors grace the home, exuding timeless beauty. Abundant natural light floods the interiors through numerous doors leading to lush gardens and an oasis-like pool, complete with a slide, fire fountains, a waterfall, a Jacuzzi, and an outdoor sauna. The expansive lawns, framed by majestic oak trees and a range of succulents and fruit trees, provide a perfect setting for relaxation and entertaining. A charming well under the oaks and stone walls adds a touch of whimsy, ideal for hosting parties.
The formal living room features vaulted ceilings and a striking fireplace, with French doors that open to both the front and backyard, enhancing the indoor-outdoor living experience. The formal dining room offers panoramic lake views, creating an intimate setting for gatherings. The bright, sunny kitchen boasts large glass skylights and modern upgrades. A spacious island serves as a welcoming centerpiece, inviting guests to gather. Disappearing doors seamlessly connect to the backyard and pool area, where an outdoor fireplace and patio offer an ideal space for alfresco dining. The backyard also features a romantic, ivy-covered pergola with lights, providing an enchanting setting for intimate events or dinner parties.
The upstairs primary suite is a private retreat with a large deck offering serene views of the golf course, lake, and mountains. This suite also includes another fireplace, a built-in reading nook, and a cathedral ceiling. The suite's private balcony and additional bedroom options create opportunities for customization, such as a nursery, separate sitting room, or a luxurious his-and-her closet. The bedrooms throughout the home evoke the ambiance of a boutique hotel, combining elegance with unparalleled comfort. The upstairs guest suite, with its spacious deck, is perfect for hosting visitors.
For those who prefer ground-level living, there is a spacious alternative primary suite on the lower level, complete with a fireplace and captivating views of the lake and beyond. This west wing suite offers immediate access to the pool and sauna, combining convenience and luxury.
The east wing of the home includes a versatile 4th bedroom or yoga room with private access and the soothing sounds of the fountain, a full bath, an office with stunning views of nature, and a large mudroom. The 5th bedroom, with its own entrance and sitting room, features a remodeled bathroom and a wet bar with a fridge, offering a cozy space for relaxation, a live-in caretaker, longer-term guests, teenagers, or extended family.
Additional features include a solar system for energy efficiency and a two-car garage, enhancing the property's functionality. This estate presents a unique opportunity to own a distinguished property designed by a well-known Santa Barbara architect that effortlessly blends luxurious living spaces with outstanding outdoor amenities, offering a true sanctuary in Hope Ranch. Whether for full-time elegance or a charming second-home getaway, the possibilities for entertaining friends and family are limitless in this exquisite property.
Info on Hope Ranch Community ~ Hope Ranch is an exclusive, picturesque community known for its sprawling estates and unparalleled natural beauty. Nestled along the stunning Santa Barbara coastline, this prestigious enclave offers residents access to private beaches, equestrian trails, and scenic golf courses. With its serene environment, lush landscapes, and proximity to the vibrant city of Santa Barbara, Hope Ranch provides a luxurious lifestyle where outdoor recreation and refined living seamlessly blend. The community's amenities, including tennis courts and a private club, enhance the exceptional quality of life, making it a sought-after haven for those seeking both tranquility and sophistication.

Last Agent to Sell the Property

Grubb Campbell Group

Village Properties License #01236143 / 01410304

Last Buyer's Agent

Grubb Campbell Group

Village Properties License #01236143 / 01410304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,000

Year Built

  • Built in 1927

Lot Details

  • 1.65 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

HOA Fees

  • $2,674 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Estate
  • Spanish Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,600 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Home Security System
  • Built-In Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Deck
  • Covered patio or porch
  • Fireplace in Patio

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Septic System

Listing and Financial Details

  • Exclusions: Other, Potted Plants
  • Assessor Parcel Number 063-043-004
  • Seller Concessions Offered
  • Seller Will Consider Concessions

Community Details

Overview

  • Association fees include security
  • Hope Ranch Assoc Community
  • 25 Hope Ranch Subdivision

Recreation

  • Tennis Courts

Additional Features

  • Restaurant
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,000

Year Built

Built in 1927

Lot Details

0

HOA Fees

$2,674 per month

Listing Details

  • Association Fee: 2674.24
  • Association Transfer Fee: CLA
  • Directions: Las Palmas, to Lago Drive.
  • Prop. Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System
  • Reso Association Amenities: Other, Tennis Court(s)
  • Reso Association Fee Includes: Other, Security
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Spanish, Estate
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1927
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.65
  • 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
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 4600.0
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • WaterSewer Septic In: Yes
  • Location Info Development Name: Hope Ranch Assoc
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Amenities Solar PV2: Yes
  • Style Spanish2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms:Den: Yes
  • Fireplace(s) Patio3: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Fee Incl Security2: Yes
  • Cooling Ceiling Fan(s): Yes
  • View Golf Course5: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Dryer, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Primary Bedroom, Other, Patio

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting, Golf Course
  • Construction Type: Stucco
  • Acres: 1.65
  • Topography: Level
  • Exclusions: Other, Potted Plants
  • Exterior Features: Pool, Deck, Patio Open, Patio Covered, Hot Tub, Lawn, Yard Irrigation T/O, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 2674.0
  • Association: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 063-043-004
  • Zoning: R-1
  • Lot Size Sq Ft: 71874.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 For Rent $37,000 0.0% --
02/25/2025 02/25/25 Sold $7,570,000 -4.8% $1,646 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
08/07/2024 08/07/24 For Sale $7,950,000 +139.1% $1,728 / Sq Ft
08/29/2014 08/29/14 Sold $3,325,000 -12.5% $773 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
04/17/2013 04/17/13 For Sale $3,800,000 -- $884 / 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
2023 $42,000 $3,840,970 $1,501,732 $2,339,238
2022 $40,449 $3,765,658 $1,472,287 $2,293,371
2021 $38,989 $3,691,822 $1,443,419 $2,248,403
2020 $38,575 $3,653,968 $1,428,619 $2,225,349
2019 $37,427 $3,582,322 $1,400,607 $2,181,715
2018 $36,693 $3,512,082 $1,373,145 $2,138,937
2017 $36,002 $3,443,219 $1,346,221 $2,096,998
2016 $35,064 $3,375,706 $1,319,825 $2,055,881
2014 $27,758 $2,650,000 $1,255,000 $1,395,000
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,540,000 New Conventional
Previous Owner $1,670,000 New Conventional
Previous Owner $1,350,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,500,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $7,570,000 Chicago Title Company
Grant Deed $3,325,000 Wfg Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed -- Chicago Title Co
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 24-2613

Santa Barbara Multiple Listing Service

APN: 063-043-004