Description
**attention investors, contractors, geologists, and engineers!** what you need to know: in february 2024, a localized landslide occurred at 1037 las alturas. experts believe the damage was primarily due to poor maintenance and improper drainage on that property. the landslide resulted in significant damage to 1037, including the destruction of the house. while most of the slide affected 1037, it did impact the eastern corner of 1105 las alturas. the structure and foundation at 1105 las alturas sustained only minimal damage. built in 2010, the property features a foundation supported by piles and caissons. the foundation experienced slight movement and cracks in the foundation wall, with most of the damage concentrated in the eastern portion of the land. experts suggest that adding one to three additional caissons, repairing the foundation wall, and constructing a retaining wall on the east side would likely stabilize the soil and resolve the issue. the current owners purchased 1105 las alturas in april 2021 for 4,650,000 dollars and have since invested over 1 million dollars in a high-quality renovation. before the landslide, the property was valued at nearly 6 million dollars. now listed at 2,995,000 dollars with repair cost opinions estimated between 500,000 and 1 million dollars, this property offers a compelling opportunity for investors or end-users to gain significant value. property description: perched atop the upper riviera, this 4-bedroom, 4.5-bathroom mediterranean villa offers 4,261 square feet of serene living space with breathtaking views of santa barbara's coastline. built in 2010 and thoughtfully reimagined, the home blends spanish-inspired finishes such as gilded accents, handmade tiles, and travertine floors. the interiors are bathed in natural light, with nearly every room featuring stunning ocean vistas. a turreted foyer leads to expansive living and dining rooms with folding glass doors that merge indoor spaces with the natural surroundings. the kitchen is a chef's dream, boasting a large island, quartzite countertops, walnut cabinetry, an eight-burner range, and ample space for family gatherings. on the lower level, three ensuite bedrooms, an office or exercise room, and a cozy den with a fireplace and wet bar provide versatile spaces for relaxation and entertainment. outside, a stone pathway leads to a secluded patio surrounded by citrus and fig trees, creating an ideal setting for evening drinks or fireside chats. the home's primary bathroom is a highlight, featuring seven brass shower heads, luxurious white onyx surfaces, and a window offering picturesque harbor views. this property is an exquisite blend of modern comfort and timeless mediterranean elegance, with panoramic views that capture the essence of santa barbara living.
Property Type
ResidentialCounty
Santa BarbaraStyle
SpanishAD ID
46636675
Sell a home like this and save $179,201 Find Out How
Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 5
- Full Baths: 4
- Half Baths: 1
Interior Features
- Interior Features: Walk-In Closet(s)
- Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator
- Fireplace: Family Room,Living Room
- Flooring: Carpet,Tile,Wood
- Furnished Description: Unfurnished
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Forced Air
- Has Heating
Fireplace
- Fireplace Features: Family Room,Living Room
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 2010
- Building Area Total: 4,261
Pool Features
- None
Laundry Features
- Laundry Room
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.65
- Lot Size Source: Other
- Lot Size Square Feet: 28314
-
Listing Information
Listing Price Information
- Original List Price: 2,995,000
- Listing Contract Date: 2024-08-14
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 019113020
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Door-Multi,Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: VC81 - Santa Barbara
- Postal Code Plus 4: 1606
- Directions: Mission Ridge or APS to Las Alturas.
- Zoning: A-1
- Source Property Type: Residential
- Area: VC81 - Santa Barbara
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 14
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Other
- Total Square Feet Living: 4261
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 09/16/2024 @ 16:20
- MLS: 24424501
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is recently sold, it has 4,261 sqft, 28,314 sized lot, and 0 parking. are nearby neighborhoods.