Seller's Agent in 2024
Andrea Cambern
Berkshire Hathaway HomeServices California Properties
(805) 722-2352
5 in this area
12 Total Sales
615 Hot Springs Rd Santa Barbara, CA 93108
Estimated Value: $7,370,000 - $10,339,907
6
Beds
6.5
Baths
6,552
Sq Ft
$1,278/Sq Ft
Est. Value
Highlights
- Attached Guest House
- Pool House
- Updated Kitchen
- Santa Barbara Senior High School Rated A-
- Property is near an ocean
- Mountain View
About This Home
As of November 2024Elegant, high-level design meets Hacienda style living in this newly renovated and expanded, one-story Spanish masterpiece in the heart of Montecito's Golden Quadrangle. Privately set behind double gates, an olive tree-lined entryway and long gravel driveway lead you to over an acre of lush grounds and your Mediterranean retreat. Step into a completely reimagined villa, where the preservation of traditional elements, and enhancement of key features through natural materials, an earthy palette, and intricate detailing, provide a beautifully decorated yet functional residence. Enter the sun-drenched foyer, to open living spaces with clean lines and modern aesthetics. The living room reveals high ceilings with wood beams and an adjacent, dark lime-washed bar nook. Curved archways lead you to your dining area and expansive chef's kitchen, with top-of-the-line appliances. A private and luxurious primary suite awaits at the end of the South wing of the estate. The guest bedrooms, all with ensuite bathrooms, line the brightly lit, glass enclosed gallery across the courtyard. In total, five bedrooms and five and half bathrooms make up the main home. In addition, a one-bedroom, one-bath full-size ADU with a kitchen and living room, serves as guest quarters or multi-use family living. All rooms access the outdoor entertaining spaces and the massive resort-style pool poses as the centerpiece of the yard. An al fresco dining pavilion and cabana, both with cozy fireplaces, provide the perfect setting for memorable gatherings large and small with a backdrop of the majestic Santa Ynez mountains. The property features several exotic fruit trees, and plenty of room to create additional living or recreational spaces. A rare opportunity to acquire a meticulously crafted, indoor-outdoor estate, on one of the most coveted streets in the esteemed Montecito Union School District. Enjoy nearby landmarks including the San Ysidro Ranch, Hot Springs hiking trails, and the dining and shopping of the upper and lower villages. A true gem in the epicenter of Montecito.
Last Listed By
Berkshire Hathaway HomeServices California Properties License #02158714 Listed on: 09/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $54,707
Year Built
- Built in 2006 | Remodeled
Lot Details
- 1.09 Acre Lot
- Fenced
- Level Lot
- Irrigation
- Lawn
- Property is in excellent condition
- Property is zoned E-1
Parking
- 2 Car Attached Garage
- 6 Open Parking Spaces
Home Design
- Spanish Architecture
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 6,552 Sq Ft Home
- 1-Story Property
- Wet Bar
- Cathedral Ceiling
- Skylights
- Multiple Fireplaces
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Dining Area
- Sun or Florida Room
- Mountain Views
Kitchen
- Updated Kitchen
- Built-In Electric Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Remodeled Bathroom
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Pool House
- Outdoor Pool
Outdoor Features
- Property is near an ocean
- Deck
- Covered patio or porch
- Fireplace in Patio
Additional Homes
- Attached Guest House
- Number of ADU Units: 1
- ADU built in 2024
- ADU includes 1 Bedroom and 1 Bathroom
- Kitchen Sink
- Refrigerator
- Stove
Location
- Property is near a park
- Property is near schools
- Property is near shops
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
- Water Softener is Owned
- Sewer Stub Out
Community Details
- No Home Owners Association
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 011-180-012
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Nov 4, 2024
Sold by
Design & Art Etc Llc
Bought by
615 Hot Springs Llc
Seller's Agent
Andrea Cambern
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Troy Hoidal
Santa Barbara Brokers, Inc.
List Price
$11,800,000
Sold Price
$10,650,000
Premium/Discount to List
-$1,150,000
-9.75%
Total Days on Market
23
Views
101
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
-$2,277,023
Avg. Annual Appreciation
-43.07%
Purchase Details
Listed on
Aug 21, 2020
Closed on
Sep 9, 2020
Sold by
Nordlund Richard J and Richard J Nordlund Living Trus
Bought by
Design & Art Etc Llc
Seller's Agent
The Morehart Group
Compass
Buyer's Agent
Robert Lamborn
Village Properties
List Price
$3,895,000
Sold Price
$3,950,000
Premium/Discount to List
$55,000
1.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.92%
Purchase Details
Closed on
Nov 18, 1999
Sold by
Nordlund Richard J
Bought by
Nordlund Richard J
Purchase Details
Closed on
Jul 31, 1998
Sold by
Nordlund Cathy L
Bought by
Nordlund Richard J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
7%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 6, 1998
Sold by
Santa Barbara Bank & Trust
Bought by
Nordlund Richard J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
7%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 1, 1998
Sold by
Seargeant Cleone E
Bought by
Santa Barbara Bank & Trust and Cleone Seargeant Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 615 Hot Springs Llc | $10,650,000 | Chicago Title | |
| Design & Art Etc Llc | $3,950,000 | Chicago Title Company | |
| Nordlund Richard J | -- | -- | |
| Nordlund Richard J | -- | First American Title | |
| Nordlund Richard J | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | The Richard J Nordlund Living Trust | $750,000 | |
| Previous Owner | Nordlund Richard J | $250,000 | |
| Previous Owner | Nordlund Richard J | $730,000 | |
| Previous Owner | Nordlund Richard J | $603,750 | |
| Previous Owner | Nordlund Richard J | $150,000 | |
| Previous Owner | Nordlund Richard J | $992,000 | |
| Previous Owner | Norlund Richard J | $993,000 | |
| Previous Owner | Hordlund Richard J | $1,000,000 | |
| Previous Owner | Nordlund Richard J | $894,000 | |
| Previous Owner | Nordlund Richard J | $920,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2024 11/07/24 | Sold | $10,650,000 | -9.7% | $1,625 / Sq Ft |
| 10/17/2024 10/17/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | For Sale | $11,800,000 | +198.7% | $1,801 / Sq Ft |
| 09/11/2020 09/11/20 | Sold | $3,950,000 | +1.4% | $1,066 / Sq Ft |
| 08/27/2020 08/27/20 | Pending | -- | -- | -- |
| 08/21/2020 08/21/20 | For Sale | $3,895,000 | -- | $1,052 / 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 | $54,707 | $4,412,580 | $2,338,880 | $2,073,700 |
| 2022 | $44,120 | $4,029,000 | $2,244,000 | $1,785,000 |
| 2021 | $42,534 | $3,950,000 | $2,200,000 | $1,750,000 |
| 2020 | $34,515 | $3,179,504 | $1,495,956 | $1,683,548 |
| 2019 | $33,667 | $3,117,162 | $1,466,624 | $1,650,538 |
| 2018 | $33,036 | $3,056,042 | $1,437,867 | $1,618,175 |
| 2017 | $32,399 | $2,996,121 | $1,409,674 | $1,586,447 |
| 2016 | $31,412 | $2,937,375 | $1,382,034 | $1,555,341 |
| 2015 | $30,822 | $2,893,254 | $1,361,275 | $1,531,979 |
| 2014 | -- | $2,836,580 | $1,334,610 | $1,501,970 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Cambern
-
Troy Hoidal
T
Buyer's Agent in 2024
Troy Hoidal
Santa Barbara Brokers, Inc.
(805) 689-6808
4 in this area
50 Total Sales
-
K
Buyer Co-Listing Agent in 2024
Katie Reich
Redfin Corporation
(805) 816-4336
-
T
Seller's Agent in 2020
The Morehart Group
Compass
-
S
Seller Co-Listing Agent in 2020
Svensson Group
Compass
(805) 895-2957
-
Robert Lamborn
R
Buyer's Agent in 2020
Robert Lamborn
Village Properties
(805) 689-6800
5 in this area
12 Total Sales
Map
Similar Homes in Santa Barbara, CA
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3177
APN: 011-180-012
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