tomo logo

$8,995,000

Beds
3
Baths
4.5
sq ft
4,085

1514 E Mountain Dr, Santa Barbara, CA 93108

1514 E Mountain Dr

Montecito, CA 93108

  • 246 days on market
    • Price drop $955,000↓
Indulge in the epitome of luxury living at this recently renovated exquisite Jack Warner contemporary, offering breathtaking panoramic views of the ocean, islands, and mountains. Situated in Montecito's coveted Golden Quadrangle, this residence stands as a unique masterpiece of modernist architecture. Nearly every room in the house incorporates sliding glass doors that open onto individual patios or balconies, creating a seamless indoor/outdoor living experience with breathtaking views. Boasting 3 bedrooms, 4.5 bathrooms, a gourmet kitchen, den, and grand living room, every aspect of the residence reflects meticulous attention to detail and a commitment to unparalleled quality, from the high-end stainless appliances to the refined terrazzo floors. Additional amenities include a stunning pool with ocean views, beautiful gardens resting on 3.25+/- acres, and impeccably landscaped grounds. Conveniently situated near the San Ysidro Ranch, hiking trails, beaches, and Montecito's Upper and Lower Villages.

Details

Property type

Single Family Residence

Est. home value

$9,886,302

Lot size

3.25 acres

Price per sq ft

$2,202

Year built

1974

HOA

No

Price History

08/30/2024
CLAW

CLAW #24348071

Price change
$8,995,000
-9.6%
06/26/2024
CLAW

CLAW #24348071

Price change
$9,950,000
-5.24%
04/23/2024
CLAW

CLAW #24348071

Price change
$10,500,000
-6.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2019

Original loan amount

$3,770,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

New Conventional, 30 year

Seller

Jay C Melennan and Scott D Cook

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/18/2024 at 6:45 PM

Listing updated: 09/17/2024 at 10:19 AM

Listed by: Cristal Clarke, Berkshire Hathaway HomeServices California Properties Phone #: (805) 969-5026

MLS: CLAW #24348071

CLAW logo

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