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$10,995,000

Beds
7
Baths
5.0
sq ft
Unknown

1835 Santa Monica Rd, Carpinteria, CA 93013

1835 Santa Monica Rd

Carpinteria, CA 93013

  • 238 days on market
Located within the exclusive gated community of Rancho Monte Alegre, Black Opal Ranch unfolds as a captivating chapter in the story of Carpinteria and Santa Barbara's history. A rare opportunity to create a breathtaking compound on over 21 acres with ocean and Channel Island views, this rare agricultural compound is a testament to a bygone era. Amongst the working avocado orchard, the original agricultural tapestry of the ranch is preserved - historic gardens, a weathered barn, rustic bunkhouse, a lemon packing house converted into an enchanted home, and the timeless dwellings of farm workers, all echoing a rich past. For those seeking an Equestrian or Agricultural retreat, this is a must-see property. The development rights weave a modern narrative into this historical fabric, which include a Robin Donaldson-designed stunning contemporary main residence with panoramic ocean and mountain views, a large garage and workshop, stables, a horse arena, multiple pastures, plus rights to legally retain three of the current five farm worker dwellings for additional housing for friends, family and staff. The lots within Rancho Monte Alegre are treated as being Williamson Act properties (yielding considerable property tax savings) without the restrictions on land use and transfer/sale that typically accompany Williamson Act properties. Additionally, Rancho Monte Alegre encompasses several thousand acres of private-access conservation land, resulting from an agreement with Santa Barbara County and the Santa Barbara Land Trust. As you traverse the property's expansive terrain, the potential of an equestrian utopia unfolds. Vast pastures, currently used as lemon and avocado orchards, are an idyllic haven for horses. The original lemon packing house has been converted into a charming, rustic home with a soaring living room, two bedrooms and two bathrooms, an office area, family room, and wraparound porch with vistas of the Pacific and Channel Islands beyond. The property also features a high-producing well and all utilities (high-speed internet, natural gas, electricity, cable, and phone) have been undergrounded to each structure. Black Opal Ranch provides an unprecedented opportunity to own a legacy historical property with entitlements in place to create an incredible equestrian and/or agricultural estate, moments from the beaches and towns of Carpinteria, Summerland, and Montecito.

Details

Property type

Single Family Residence

Est. home value

$9,683,735

Lot size

21.07 acres

Price per sq ft

Unknown

Year built

1900

Monthly HOA fee

$174.32

Price History

06/13/2024
CLAW

CLAW #24351275

Listed
$10,995,000
04/05/2024
CLAW

CLAW #24351275

Pending
$10,995,000
03/27/2024
CLAW

CLAW #24351275

Listed
$10,995,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Silicon Valley Bank

Loan start date

November 2021

Original loan amount

$5,250,000

Est. remaining balance

Not provided

Interest rate

2.25%

Loan type

New Conventional, 30 year

Seller

Black Opal Ranch Lc

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?

Status: Active

Tomo last checked: 09/19/2024 at 2:45 PM

Listing updated: 08/22/2024 at 12:24 PM

Listed by: Lucas Ebbin, Compass Phone #: (805) 253-7700

MLS: CLAW #24351275

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