Ketsali Santa Barbara

Whole Home: $12,967,500

About this Home

Enjoy the California lifestyle in luxury with this Jerry Goodman-designed Mediterranean Villa. Complete with panoramic ocean, harbor, city, and woodland views, this approximately 5200 sq. ft property located on 2.5 completely landscaped acres is an entertainer’s dream. Once inside one will find beautiful hickory floors, beamed ceilings, and glass French doors to the patios. In addition to a formal living room with a fireplace, this home features a chef’s kitchen that is highlighted by a large island, granite counters, and a stunning breakfast room that possesses a fireplace of its own. Additionally, the main level has two en-suite bedrooms as well as a large laundry room. Upon climbing the elegant spiral staircase, one is led to the main suite that boasts heavenly ocean views from the balcony a lovely fireplace, three closets a spacious bath and Jacuzzi tub as well as two separate vanities. Outside of the main suite, the 2nd floor showcases a wet bar and an executive office. Down to the lowest level, one will find the fourth bedroom, fourth bathroom, a charming wine cellar, and this listing is one you won’t want to miss.

Prospect Property

*This is a potential prospect. This property is up for sale but has not yet been purchased by Ketsali. Once we find sufficient buyers interested in this property we will acquire it, set up an LLC, and sell the corresponding shares to each buyer. Please note, this property may be acquired by someone other than Ketsali in the next coming weeks. If this is the case and you have expressed interest, we will do our best to find something with similar characteristics to the property you liked.*


Estimated 1/10th Unit Cost

We used market data to estimate the cost of turning this home into a Ketsali Experience, which includes a full design makeover, LLC formation, and finding qualified owners.

Criteria 1/10th Unit Cost
Real Estate Price: $10,050,000
$1,050,000
Upgrade Costs (plus 5% Project Mgt Fee)
$52,500
Total Ketsali Investment per Property $1,102,500
Closing Costs (6.0%)
$63,000
Ketsali Service Fee (12.5%)
$131,250
Total Ketsali Investment plus Fees $1,296,750

Location

Santa Barbara, city, seat (1850) of Santa Barbara county, southwestern California, U.S. It lies along the Pacific coast at the base of the Santa Ynez Mountains, facing the Santa Barbara Channel. It is situated 97 miles (156 km) northwest of Los Angeles. Because it is protected to the south by the Santa Barbara Islands and to the north by the mountains, Santa Barbara has a mild climate throughout the year.



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