Updated Oct 29, 2024
Peter Sperling Sells Montecito SFR For $19.1M
Montecito, CA, USA
$19,100,000
$1,145/SF
Building Size
16,668 SF
Asset Type
Single Family
Closing
Nov 2, 2021
About this deal
AI
A single-family residence located in Montecito, with an expansive property size measuring approximately 5.56 acres, has recently been sold by Peter Sperling. The property, captured in an image by Peter Sperling, was on the market and has now been sold for a price of $19,100,000. With a considerable living space of 16,668 square feet, the selling price reflects a per square foot value of $1,145.
Summary of Transaction Details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $19,100,000
- Property Size: 5.56 acres
- Image by: Peter Sperling
- Square Footage: 16,668 square feet
- Price per Square Foot: $1,145
Peter Sperling, known for his association with CallWave, has acted as the seller in this property transaction. His involvement in the deal highlights his role as a key individual in the sale of the residence in Montecito. The acquisition of the property reflects a significant transaction in the local market.
Players
Santa Barbara Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $19.1M for 16,668 square feet (2021).
Browse Santa Barbara single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93