1051 Via Chaparral, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 3 bed, 3 bath
1051 Via Chaparral
SANTA BARBARA, CA 93105
Property Price
SUMMARY
Analysis of 1051 Via Chaparral, SANTA BARBARA, CA 93105 is currently available with a list price of $4,295,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 2001, making it 25 years old. According to the provided criteria, homes built between 25 to 40 years ago with no major recent renovations are classified as 'fair.' While the Mediterranean estate features high-quality craftsmanship by Todd Riley and includes luxury amenities like a spa-style primary bath and an outdoor kitchen, the finishes and major systems are likely original to the 2001 construction and have not undergone the extensive renovations required to meet the 'good' or 'excellent' benchmarks.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 50094, living area = 3079.
- Single-Level Living
The residence is thoughtfully designed primarily for single-level living with minimal interior steps, making it highly accessible and ideal for long-term residency.
- Expansive Private Lot
Set on a gated 1.15-acre parcel, the estate offers exceptional privacy and security, complemented by a grand stone driveway and mature landscaping.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
With only three bedrooms, the property may not meet the needs of larger families or buyers requiring multiple guest suites and dedicated hobby rooms.
- Distant Ocean Views
While the property offers coastal views, they are characterized as 'distant,' which may not satisfy buyers seeking a more immediate or dramatic oceanfront panorama.
- Market Positioning
A recent price reduction of $300,000 indicates that the property faced initial challenges with market absorption at its original list price.
About 1051 Via Chaparral
Private, gated Mediterranean estate set on 1.15 acres with distant ocean views. Beyond the gated entry and stone driveway lies this beautifully crafted residence, built in 2001 by builder Todd Riley with exceptional attention to detail and quality. Designed primarily for single-level living (with just two interior steps), the home offers an excellent floor plan with thoughtfully separated wings for privacy. The spacious primary suite and executive office occupy their own wing and feature a generous walk-in closet and a luxurious spa-style bath. Two additional family or guest bedrooms are located in a separate wing, ideal for comfort and flexibility. Outdoor living is equally impressive, with two covered verandas, perfect for entertaining, built-in BBQ and outdoor kitchen.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 50,094 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,079 | 1,967 | 83% |
| Lot Size | 50,094 | 10,018.8 | 87% |
| Price | $4.29M | $2.19M | 91% |
| Price per sq ft | $1.4K | $1.1K | 81% |
| Built year | 2001 | 1960 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 192 | 6% |
Pricing History
Listed for Sale
Feb 7, 2026
$4,295,000
$4,595,000
-7% Price Drop
Initial Listing
Price Change
Jan 13, 2026
$4,595,000
Initial Listing