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2381 Refugio Road, GOLETA, CA 93117, GOLETA, 93117 - 3 bed, 3 bath

2381 Refugio Road, GOLETA, CA 93117 home-pic-0
ACTIVE$10,998,000$2,459/sqft
2381 Refugio Road, GOLETA, CA 93117
3Beds
3Baths
2,459Sqft
62,987,760Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 62987760, living area = 2459.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =62987760, other record lot size in square feet = 4562910.

Compared to the nearby listings

Price:$11.00M vs avg $1.46M (+$9,538,250)98%
Size:2,459 sqft vs avg 1,345.5 sqft88%
Price/sqft:$4.5K vs avg $75698%

More Insights

Built in 1968 (58 years old).
Condition: Despite being built in 1968, the property has undergone a meticulous and extensive renovation, as stated in the description and clearly evidenced by the images. The kitchen features high-end, modern stainless steel Thermador appliances, contemporary light wood cabinetry, modern countertops, and stylish tile backsplashes, including a farmhouse sink. Bathrooms are equally updated with glass-enclosed showers, subway tiling, modern fixtures, and rustic-chic vanities. Throughout the main living areas, the flooring is new, wide-plank hardwood, and lighting fixtures are modern. The overall condition, style, and features meet current quality standards with no visible deferred maintenance, indicating a very recent and comprehensive upgrade.
Year Built
1968
Close
-
List price
$11M
Original List price
-
Price/Sqft
$4,473
HOA
$0
Days on market
-
Sold On
-
MLS number
24-1569
Home ConditionExcellent
Features
Excellent View:
Patio
View-

About this home

''Rancho Dos Vistas,'' meaning two views, was derived from its panoramic views of the Pacific Ocean on one side and its eternal view of the Santa Ynez Valley and beyond on the other. It's no wonder that late President Ronald Reagan chose the ranch adjacent to ''Rancho Dos Vistas'' to be his coveted ''Western White House'' while he was in office. Its beautifully appointed ocean view main house of three bedrooms and three bathrooms, has been meticulously renovated to harmonize with the ranch style of the home. Newly added wooden barn looks as though it has sat in the same place for over a hundred years, framed by Majestic Oak Trees, next to the meadow. Offering includes four parcels equaling 1,446 acres of natural beauty. This is an extremely rare offering, with nearly two miles of ridgeline and forty miles of roads meandering through untouched scenery, which rival California's National Parks. Possibilities are endless- hiking, fishing, mountain biking, horseback riding, or just escaping the hustle and bustle of urban civilization. Parcels are 081-040-020 (104.75 acres), 081-040-054 (660 acres), 081-100-045 (641.45 acres), 081-090-011 (40 acres).

A
Adam McKaig
Listing Agent

Price History

Date
Event
Price
06/14/17
Sold
$6,000,000
04/18/13
Sold
$8,900,000
12/04/12
Sold
$5,000,000
Condition Rating
Excellent
Despite being built in 1968, the property has undergone a meticulous and extensive renovation, as stated in the description and clearly evidenced by the images. The kitchen features high-end, modern stainless steel Thermador appliances, contemporary light wood cabinetry, modern countertops, and stylish tile backsplashes, including a farmhouse sink. Bathrooms are equally updated with glass-enclosed showers, subway tiling, modern fixtures, and rustic-chic vanities. Throughout the main living areas, the flooring is new, wide-plank hardwood, and lighting fixtures are modern. The overall condition, style, and features meet current quality standards with no visible deferred maintenance, indicating a very recent and comprehensive upgrade.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 62987760, living area = 2459.
Panoramic Views: The property, aptly named 'Rancho Dos Vistas,' offers breathtaking panoramic views of both the Pacific Ocean and the Santa Ynez Valley, a highly desirable and rare feature.
Expansive Acreage & Privacy: Comprising four parcels totaling an extraordinary 1,446 acres, this offering provides unparalleled privacy, vast natural beauty, and significant land ownership opportunities.
Historical Significance: The property's proximity to former President Ronald Reagan's 'Western White House' adds a unique layer of historical prestige and exclusivity.
Renovated Main Residence: The 3-bedroom, 3-bathroom main house has been meticulously renovated to harmonize with its ranch style, offering a beautifully appointed and move-in ready living space.
Diverse Recreational Opportunities: With nearly two miles of ridgeline and forty miles of internal roads, the property offers endless possibilities for hiking, fishing, mountain biking, horseback riding, and a true escape into nature.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =62987760, other record lot size in square feet = 4562910.
High Price Point: The list price of nearly $11 million positions this property in an ultra-luxury market, significantly limiting the pool of potential buyers.
Extensive Land Management: The sheer scale of 1,446 acres, including 40 miles of roads and natural terrain, will require substantial ongoing maintenance, management, and associated costs.
Relatively Modest Main House Size: For a property of this immense acreage and price, the 2,459 sqft main house, while renovated, might be considered modest by some buyers seeking a grander primary residence commensurate with the estate's overall scale.
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