1940 E Valley Rd, Santa Barbara, CA 93108

6 beds7.5 baths4,161 sqft Edit

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Sold: $3,495,000
Sold on 05/03/13
Zestimate®: $5,492,197
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My Notes

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Down a private lane off East Valley Road, and past a gated circular drive, youll find a romantic 1920s-era, six-bedroom home complete with distant ocean peeks. The approximately 1.5 acre flat property is in the highly desired Montecito Union school district and next to Birnam Wood Golf and Tennis Club. Upon entering the historic living room, youll take in the soaring open-beam ceiling, quarter-hewn tiger oak floors, and a separate dining room with light-filled walls of glass. Heading deeper into this inviting home, youll reach the sun filled master bedroom, with its dual baths/closets, plus an adjoining office. Charming and beautifully maintained, this home also includes five additional bedroom suites, three working fireplaces, electric skylights, a built-in BBQ, and dual two-car garages. Fragrant and lush rose bushes, orange, avocado and oak trees and a 20 x 40 swimming pool, with brick walkways and patios offer a great lifestyle and entertaining opportunity. 1940EValleyRoad.com  More Less 

Facts

  • Lot: 1.45 acres
  • Single Family
  • Built in 1912
  • Views: 1,439 all time views
  • Last sold: May 2013 for $3,495,000
  • Last sale price/sqft: $840

Features

  • Fireplace
  • Pool

    Construction

    • Unit count: 1

    Other

    • Floor size: 4,161 sqft
    • Last remodel year: 1945
    • Parcel #: 007130039
    • Zillow Home ID: 15878359

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $5,492,197
    +$130,313 Last 30 days
    $4.78M
    $6.21M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $16,375/mo
    -$1,040 Last 30 days
    $15K
    $27K
    Zestimate range

    Popularity on Zillow

    If this home is listed on Zillow, it will reach the largest real estate network on the web.*
    1,439 all-time views
    of this home (chart)
    341 forecasted views of this home
    in the first 7 days after listing for sale
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    Comparable Homes

    Homes like this sold for $4.19-7.0M.

    $3.68M
    $7.51M

    Mortgages

    Neighborhood

    Market guide

    Zillow predicts 93108 home values will increase 5.3% next year, compared to a 4.7% rise for Montecito as a whole. Among 93108 homes, this home is valued 113.4% more than the midpoint (median) home, but is valued 11% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 93108, the number of foreclosures waiting to be sold is 17.9% lower than in Montecito, and 69.5% lower than the national average. This lower local number could help 93108 home values rise more quickly than other regions in Montecito.

    Learn more about forecast calculations or 93108 home values.
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      Nearby Schools in Montecito

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org