1647 Posilipo Lane, Unit B

Santa Barbara, CA 93108

$2,450,000
Last Sold Price
3
Beds
2
Baths
1
1/2 Bath
2,147 Sq. Ft.
$1,141 / Sq. Ft.
2,147
Sq. Ft.
$1,141
per Sq. Ft.

Description

Rare opportunity to procure one of only 6 units, in the boutique ''Montecito Estates'' association, situated adjacent to the exclusive Rosewood Miramar Resort and just a stone's throw to Miramar beach. Over 2,100 square feet of living space featuring ocean, island and mountain views, offering three bedrooms, two and one half baths. Flexible floor plan with top floor main suite, multiple view decks, rear patio for entertaining and attached two car garage with interior access. Within close proximity...Rare opportunity to procure one of only 6 units, in the boutique ''Montecito Estates'' association, situated adjacent to the exclusive Rosewood Miramar Resort and just a stone's throw to Miramar beach. Over 2,100 square feet of living space featuring ocean, island and mountain views, offering three bedrooms, two and one half baths. Flexible floor plan with top floor main suite, multiple view decks, rear patio for entertaining and attached two car garage with interior access. Within close proximity to Montecito's lower and upper villages, with local shops, fine dining establishments, bicycle path and area beaches.Located within the highly coveted Montecito Union Elementary School District.

Listing Agents

  1. Abel Ramos

    Abel Ramos

    Listing Agent

    Compass

    DRE #01821789

    abel.ramos@compass.com

    P: 805.509.1636

  2. Nicklas Svensson

    Nicklas Svensson

    Alternative Listing Agent

    Compass

    DRE #01213705

Property Details for 1647 Posilipo Lane, Unit B

MLS Neighborhood
10 - Fernald Point
Within City Limits
No
Zoning
Other
Cross Street
Fernald Point Lane
Style
Contemporary, Medit, Townhouse
Construction
Two Story
Recurring Fees
Yes

Location

Add your commute
LISTING UPDATED: 03/25/2021 03:45 PM

Property Details for 1647 Posilipo Lane, Unit B

StatusClosed
MLS #21-447
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees$975 / month
Compass TypeCondo
MLS TypeResidential / PUD / Condo/Townhouse
Year Built1991
CountySanta Barbara County

Location

Add your commute

Building Information for 1647 Posilipo Lane, Unit B

Building/ComplexMontecito EstatesFloor-Stories-Residences6Pet Policy-Year Built1991

Payment Calculator

$16,602 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,371

Property Taxes

$2,256

HOA Dues

$975

The Payment Calculator is for illustrative purposes only.

Property Information for 1647 Posilipo Lane, Unit B

Details
Features
  • Property Type: A
  • Property Sub Type: PUD
  • Amenities: Cathedral Ceilings, Dual Pane Window, Remodeled Bath
  • Appliances Included: Dishwasher, Disposal, Energy Star Applianc, Gas Rnge/Cooktop, Microwave, Refrig, Wtr Softener/Owned
  • Assoc Park Amenities: Greenbelt
  • Assoc/Park Fee Incl: Comm Area Maint, Exterior Maint, Insurance, Prop Mgmt, Trash, Water
  • Diningroom Features: Breakfast Area, Dining Area, Formal
  • Exterior: Stucco
  • Fireplace(s): Gas, LR
  • Floor Window Coverings: Carpet, Hardwood, Marble, Tile
  • Laundry: In-unit
  • Pets: Yes
  • Roof: Tile
  • Security: Sys
  • View: Green Belt, Mountain, Ocean, Setting
  • Listing Details: None
  • Grounds Landscaping: Fenced: BCK, Wooded
Parking/Garage
  • Parking/Garage: Attached, Gar #2, Interior Access, Unc #1
Condo/Co-op/PUD
  • Condo/CO-OP/PUD: Attached, End Unit
  • Condo/CO-OP/PUD: %Owner Occupied: 75%
  • Condo/CO-OP/PUD: Assoc Transfer Fee: YES
Room Info
Room Info
  • Bedrooms Total: 3
  • Bathrooms Total Count: 3.0
  • Full Baths Total: 2
  • Half Baths Total: 1
Location Info
Location Info
  • Location Topo: Level
  • Tax Parcel Number: 007-550-005
  • LotLocation: Near Ocean, Near School(s), Near Shopping
  • City: SANTA BARBARA
  • County: Santa Barbara
  • Postal Code: 93108
Neighborhood/Schools
  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Junior High School: S.B. Jr.
Property / Assessor Information
Property / Assessor Info
  • Nbr of Acres: 0
  • Condition: Excellent
  • Foundation: Mixed
  • Occupancy: Occ All Ages, Occ Tenant OK
  • Reports Available: CCR'S Inc
  • Realtorcom Type: Residential: Condo/Townhouse
  • Site Features: Other, Paved, Private
  • Source: Public Records
  • Development Name Free Text: Montecito Estates
  • SqFt: 2147
  • Total # Units: 6
  • Unit/Space #: B
Utility Info
  • Heating/Cooling: GFA
  • Water / Sewer: Meter In, Mont Wtr, Pvt Wtr Sys, Sewer Hookup, Shared Well
Contract Info
Contract Info
  • Affordable Housing: false
  • Deposit: 3
  • Financing: Cash
  • Close Price: $2,450,000.00
  • List Price: $2,545,000.00
  • Terms: Cash, Ctnl
  • Contract Date: 02-23-2021
  • Close Date: 03-24-2021
  • Status: Closed

Property History for 1647 Posilipo Lane, Unit B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1647 Posilipo Lane, Unit B

Taxable ValueLand$1,274,490Additions$1,274,490Total$2,548,980
Tax Record2023$27,075 ($2,256 / month)
Home Facts
Beds3Total Finished SqFt2,147 SqFtAbove Grade Finished SqFt2,147 SqFtLot Size130,680 SqFtStyleCondominiumYear Built1991CountySANTA BARBARAAPN007-550-005Fireplace TypeHas Fireplace

Schools near 1647 Posilipo Lane, Unit B

This home is within Montecito Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Montecito Union School
PublicK to 6

Santa Barbara Junior High School
Public7 to 8

Santa Barbara Senior High School
Public9 to 12

Adelante Charter School
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Abel Ramos, DRE #01821789; Compass, Nicklas Svensson, DRE #01213705

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.