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Sold for $8,000,000 on 10/18/23
  • Listing Provided by: 

    Marsha Kotlyar DRE #01426886 805-565-4014,

    Berkshire Hathaway HomeServices California Properties

    Bought with: Out of Area
    $8,000,000

    1220 Franklin Ranch Rd, Goleta, CA 93117

    3beds
    6,077sqft
    Single Family Residence
    Built in 2004
    22.69 Acres Lot
    $7,521,200 Zestimate®
    $1,316/sqft
    $6,889 Estimated rent

    Home value

    $7,521,200

    $6.24M - $8.95M

    $6,889/mo

    Zestimate® history
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    $6,889/mo

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    $49,393/mo

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    What's special

    Gracious, serene, and soulful discover the Ranch at Buena Terra. This resort-like residence and 22-acre ranch (zoned as AG-1-5) offers panoramic views of the ocean, islands, and mountains. The custom-designed Mediterranean estate was conceived by Mark Shields for single-level CA living and expands across over 6,000 sq ft. A winning combination of scale, substance and privacy, the home enjoys 3 bd, 5 ba, with 4th bed/office, library and high-end amenities. Equestrian excellence, there is a fully appointed 6-horse barn that includes an apartment, tack room, and feed room. 12 sheltered pastures, 9 covered paddocks, covered round pen, riding arena, and a jump course. An organic farm, currently leased by Sunrise Organic Farms, completes this majestic property!

    Zillow last checked: 8 hours ago

    Listing updated: October 18, 2023 at 06:20pm

    Listing Provided by:

    Marsha Kotlyar DRE #01426886 805-565-4014,

    Berkshire Hathaway HomeServices California Properties

    Bought with:

    Out of Area Out of Area

    Out of Area

    Source: CRMLS,MLS#: 22215043MLS LogoOriginating MLS: CLAW

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Radiant
    Cooling
    • None
    Appliances
    • Laundry: Laundry Room
    Features
    • Separate/Formal Dining Room, Eat-in Kitchen, Loft, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Wood
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room, Primary Bedroom, Outside
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 6,077
    • Total interior livable area: 6,077 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage - Attached
    • Has attached garage: Yes
    • Uncovered spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Pool features: In Ground
    • Has spa: Yes
    • Spa features: In Ground
    • Has view: Yes
    • View description: Mountain(s), Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 22.69 Acres
    • Features: Agricultural, Horse Property, Lawn, Yard
    Details
    • Additional structures: Barn(s)
    • Parcel number: 077030004
    • Zoning: AG-I-5
    • Special conditions: Standard
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: Yes
    • Year built: 2004

    Utilities & green energy

    • Sewer: Septic Type Unknown

    Community & neighborhood

    Location
    • Region: Goleta

    Price history

    DateEventPrice
    10/18/2023Sold$8,000,000-22%$1,316/sqft
    Source: CRMLS #22215043 Report a problem
    6/22/2023Pending sale$10,250,000$1,687/sqft
    Source: SBMLS #22-3617 Report a problem
    3/20/2023Price change$10,250,000-5.1%$1,687/sqft
    Source: SBMLS #23-193 Report a problem
    11/22/2022Listed for sale$10,799,000-13.6%$1,777/sqft
    Source: SBMLS #22-3617 Report a problem
    9/2/2022Listing removed--
    Source: SBMLS #21-3736 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$30,524 +1.9%$2,894,273 +2%
    2024$29,966 $2,837,524

    Find assessor info on the county website

    Neighborhood: 93117

    Nearby schools

    GreatSchools rating