985 Park Ln Santa Barbara, CA 93108

$8,440,000 Sold Price as of 05/27/2010

5 Beds
6 Baths
7,672 Sq.Ft.

Off Market

$8,440,000 Sold Price as of 05/27/2010 Refinance Your Mortgage

Map preview of 985 Park Ln, Santa Barbara, CA 93108

Property Overview: 985 Park Ln Santa Barbara, CA has 5 bedrooms, 6 bathrooms, 7,672 living square feet and 888,188 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

985 Park Ln is currently an off market home in the city of Santa Barbara. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Santa Barbara has a median list price of $3,800,000. The median price per/sqft for Santa Barbara is $1,619. With those numbers in mind, if you are looking to purchase a median priced home in Santa Barbara, CA and put 20% down you will need to save up $760,000 for the down payment and will need roughly $76,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Santa Barbara the commission could be as much as $131,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 985 Park Ln

Last sold for $8,440,000 on May 27th, 2010

September, 2022
Sep 2, 2022

Date

Expired

CRMLS: 22127783

$11,995,000

Price
Feb 15, 2022

Date

Active

CRMLS: 22127783

$12,500,000

Price
Listing provided courtesy of CRMLS

Perfectly situated on 20 lush private acres and backed up to state land, this extremely private and magical ocean view oasis is the pinnacle of Luxury Montecito living. Designed by renowned local architect Bob Easton, this French Mediterranean compound has an abundance of natural light throughout and an open floor plan making for a smooth transition between each stunning room and the park-like grounds. The massive chef's kitchen is comprised of top of the line amenities, a large walk-in pantry and gorgeous ocean views. The beautiful and spacious master bedroom has head-on-jaw-dropping views, a romantic wood burning fireplace and a huge walk in Master Closet and Bath. With wide white oak floors and limestone throughout, you also have 4 more guest bedrooms with their own patios or decks to ensure privacy and an abundance of natural beauty for your guests. Leading from the living room, you are taken to the outside entertainment space equipped with a deep infinity pool and jacuzzi with stunning ocean and city views, outdoor dining accommodations, sun-soaked recliners, a built-in fire pit and an outdoor shower. The picturesque courtyard allows for great guest parking accommodation and entry into the large 4-car garage with ample storage space. Above the garage is a charming entertainment room with a bar, pool table and a drop-down projector screen and blackout shades, making for a perfect home theater. Adjacent is a stylish ocean view office with a separate side entrance, allowing for even further privacy. The park-like grounds are perfect for entertaining and are comprised of manicured private trails lined with fruit trees, a massive flat pad for events, a second outdoor entertainment space with a full bar, a bocce court and multiple romantic and Zen seating areas. Ideal for including guests with even more privacy, there is a recently and beautifully remodeled self-sustaining detached guest house with its own private and gated entrance and landscaped grounds. Beyond the beautiful design and grounds there is also a private well, an automated/APP Controlled Rainbird irrigation system, a John Deere 6.8 liter Diesel Full House Generator, state of the art drainage system and a lutron home automation system allowing for simple control of the entire compound. This one of a kind retreat is primely located just minutes from San Ysidro Ranch and world famous hiking trails and is the best of Montecito living.

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May, 2021
May 20, 2021

Date

Active

CRMLS: 21734366

$12,875,000

Price
Listing provided courtesy of CRMLS

Tucked quietly within the heart of Montecito, an unrivaled French Mediterranean-style estate, consisting of a sensational, gated 5-bed, 6 full/2 half-bath main residence and 1-bed, 1 bath guest house w/ separate gated entry, awaits, showcasing panoramic ocean, island, mountain and coastline views. The magical estate sets the stage for enjoying the affluent communitys elevated lifestyle. Replete with an effortless transition to the stunning grounds, inclusive of an infinity edge pool and spa, outdoor shower, multiple patios, built-in firepit, bocce court, meandering pathways, private well for landscaping, and more, this is the ultimate venue for hosting friends and family, relaxing under the summer sun, and enjoying the blissful privacy afforded by the expansive property. The spacious and bright residence was designed with the finest attention to detail, incorporating designer finishes throughout, including white oak and limestone floors, and capitalizing on the magnificent views. Inside, features include an immaculate main floor primary suite with a large walk-in closet, luxurious en-suite dual baths and romantic ocean views, 4 lavish guest suites, centrally located bar, multiple fireplaces, formal and informal dining spaces, a superior chefs kitchen, versatile media room, and a 4-car garage. The property also features a diesel generator.

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May, 2010
May 27, 2010

Date

Sold (Public Records)

Public Records

$8,440,000

Price
October, 2000
Oct 12, 2000

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 985 Park Ln

Assessed Value (2020): $6,635,611

Year	Land Value	Improved Value	Assessed Value
2020	$3,224,561	$3,411,050	$6,635,611

About 985 Park Ln

Detailed summary of property

985 Park Ln is a single family home in Santa Barbara, CA 93108 and last sold on May 27, 2010 for $8,440,000. This house has 5 bedrooms, 6 bathrooms, roughly 7,672 living square feet, and sits on an approximately 888,188 square foot lot. Homes in Santa Barbara are selling for a median price of $2,620,000 and a median price per square foot of $1,027. Based on Ardent Real Estate Group's Santa Barbara Market Data, this home is sold 222.14% higher than the current median priced home. 985 Park Ln was last sold on May 27, 2010 for $8,440,000. Local nearby listings include 2436 Arbutus Dr, 2322 Canyonback Rd and 3001 Corda Dr. The average home in Santa Barbara, CA is selling in 68 days. There are currently 44 homes for sale in the Santa Barbara real estate market and 38 of them are single family homes while 6 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 985 Park Ln Santa Barbara, CA 93108 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Barbara agents.

Public Facts for 985 Park Ln

Public county record property details

Beds: 5
Baths: 6
Year built: 2001
Sq. Ft.: 7,672
Lot Size: 888,188
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Santa Barbara
Lot#: C
APN: 007-020-044

The source for these homes facts are from public records.

93108 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$6,750,000

Median List Price/Sq.Ft.

$2,209

Median Sold Price

$8,200,000

Median Sold Price/Sq.Ft.

$1,741

Total Inventory

Median Sale to List Price %

86.32%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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