
Santa Barbara, CA 93110
This Architectural Masterpiece represents a Prime Investment Opportunity, listed at $16,995,000—positioned well below the $17,568,507 Fair Market Value by 3%. This valuation gap offers $573,507 in Instant Equity. Completed in 2023 with an Excellent Condition Rating, the residence features travertine finishes, white oak floors, and a lap pool with panoramic ocean and mountain views. This turn-key estate is an ideal acquisition for High-Net-Worth Investors or Owner-Occupants seeking a prestigious, award-winning sanctuary in Hope Ranch.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1045 Via Tranquila Subject | $16,995,000* List Price | 4 | 8 | 5,740 | $3,061 | - |
A 4295 Marina Drive Sold | $16,450,000 | 5 | 8 | 5,042 | $3,263 | 0.9 mi |
B 4200 Marina Drive Sold | $15,495,000 | 6 | 6 | 5,557 | $2,788 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was completed in 2023, making it nearly brand new and well within the 'Excellent' criteria. It features state-of-the-art systems, high-end materials like travertine and white oak, and ultra-modern kitchen and bath designs. The home is in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 118048, living area = 5740.
Designed by DesignARC and completed in 2023, this AIA-honored residence features a masterfully executed midcentury modern aesthetic with premium materials including travertine, Venetian plaster, and white oak.
The U-shaped floor plan utilizes 30-foot pocketing doors and expansive glass walls to merge the interior with a central courtyard, lap pool, and panoramic views of the Santa Ynez Mountains and Pacific Ocean.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5740, other record living area = 4938.
The property carries a significant association fee of $4,024 and, given the $16.995M list price, will result in substantial annual property tax obligations for the owner.
While the home offers 5,740 square feet and 8 bathrooms, it only features 4 bedrooms, which may be a constraint for larger families or buyers seeking more dedicated sleeping quarters at this price point.
A Modern Masterpiece. Along a tranquil ridgeline in Hope Ranch, the land opens in three directions - the Santa Ynez Mountains to the north, the Pacific Ocean to the south, and natural Hope Ranch setting below. One roofline runs the length of the site. Below it, glass - the landscape held on every side. Designed by DesignARC and completed in 2023, the residence reinterprets midcentury modern principles in glass, stone, and steel - clean geometry, measured proportion, every line held to the same discipline. A U-shaped plan wraps a central courtyard and lap pool. Broad overhangs and clerestory glazing carry light deep into the interior.Corners disappear where the glass meets. In the great room, thirty feet of pocketing doors slide fully away, and the distinction between inside and out stops holding.Inside, the material palette is simple and consistent. Travertine runs from the courtyard walls to a full-height fireplace in the great room and again in the primary suite, laid in long horizontal courses that echo the roofline. White oak floors throughout. Venetian plaster and inset reveals set the rhythm. Clerestory windows carry a band of light above the room and hold the palm canopy in view.A gallery corridor runs the length of the plan, glass to the courtyard on one side, stone on the other, art along its length, ending in a wall of warm wood. It links the public rooms to the private wing and does the work of a gallery on the way. The kitchen opens to the great room beneath the same clerestory band. Elsewhere the house turns quieter and darker -- a den, a powder room -- proof that restraint isn't the only register available to it.Outside, a timber pergola on steel posts extends the roofline into a covered terrace, where a travertine fire table faces the tree line.The landscape, by Nicole Greer of CJM::LA, answers the architecture rather than decorating it -- sculptural olives, sandstone boulders, native grasses, structure without ornament. In the courtyard, a mature Canary Island date palm stands free in the gravel. The lap pool and spa sit level with the terrace, side by side.Built by Leonard Unander Associates and styled by KB Kim of Langoworks - 1045 Via Tranquila is a Santa Barbara house in the older sense of the term: sited first, built second, and quiet throughout.Design Awards & HonorsFeatured on the cover of Luxe Interiors + Design (July 2025 edition)Honored for architectural design excellence by the American Institute of Architects (2024)Recognized for visionary landscaping design by the American Society of Landscape Architects (2025)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 8.0 | 3.3 |
| Square foot | 5,740 | 2,905.353 |
| Lot Size | 118,048 | 21,805.412 |
| Price | $17.00M | $4.86M |
| Price per sq ft | $3.0K | $1.7K |
| Built year | 2023 | 1958 |
| HOA | $4024 | $3.2K |
| Days on market | 30 | 84 |
Aug 10, 2026
$16,995,000
Initial Listing
Dec 13, 2019
$2,700,000
Public Record