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123 Polo Way, SANTA BARBARA, CA 93013, SANTA BARBARA, 93013 - 3 bed, 4 bath

123 Polo Way, SANTA BARBARA, CA 93013 home-pic-0
ACTIVE$3,400,000$2,528/sqft
Est. Value: $3,400,000
%
FairlyEstimate
123 Polo Way, SANTA BARBARA, CA 93013
3Beds
4Baths
2,528Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($3,400,000) is $0 (0%) lower than the list price ($3,400,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Lifestyle: Nestled minutes from the beaches, downtown Santa Barbara, and Montecito, this property offers unparalleled access to coveted coastal amenities and a prestigious lifestyle.
Top Cons:
High Association Fees: A monthly association fee of $400 adds a significant recurring cost to homeownership, which potential buyers must factor into their budget.

Compared to the nearby listings

Price:$3.40M vs avg $1.82M (+$1,575,000)83%
Size:2,528 sqft vs avg 1,203 sqft90%
Price/sqft:$1.3K vs avg $59676%

More Insights

Built in 2025 (1 years old).
Condition: This property is a brand-new luxury home built in 2025, featuring a coastal modern farmhouse style. The images confirm pristine, high-end finishes throughout, including top-of-the-line Sub-Zero and Wolf appliances in the kitchen, modern cabinetry, and luxurious stone countertops. Bathrooms are equally impressive with contemporary fixtures, stylish tiling, and spacious layouts. All components are new, meeting the highest quality standards with no signs of wear or deferred maintenance.
Year Built
2025
Close
-
List price
$3.4M
Original List price
-
Price/Sqft
$1,345
HOA
$400
Days on market
-
Sold On
-
MLS number
25-2081
Home ConditionExcellent
Features
Excellent View:
Deck
Patio
View-

About this home

Introducing Polo Residences - Coastal Luxury at Its Finest. Nestled minutes from the beaches, downtown Santa Barbara, and Montecito, Polo Residences offers a rare opportunity to own a piece of California's most coveted coastline. This brand-new luxury enclave features exquisite 3 and 4 bedroom homes, ranging from 2,500 to 4,000 square feet, each thoughtfully crafted in a coastal modern farmhouse style. Designed for both elegance and ease, the residences boast open floorplans, airy interiors, and seamless transitions to generous outdoor living spaces—perfect for savoring the coastal breeze and golden sunsets. Enjoy breathtaking mountain vistas and front-row views of the historic Santa Barbara Polo & Racquet Club, your prestigious neighbor. **These images of from our model unit Lot 12. Every home is appointed with top-of-the-line Sub-Zero and Wolf appliances, elevating culinary experiences to gourmet standards. Whether you're seeking a serene retreat or a stylish entertainer's haven, Polo Residences offers the perfect blend of refined design, natural beauty, and coastal charm.

C
Calcagno & Hamilton Group
Listing Agent
Condition Rating
Excellent
This property is a brand-new luxury home built in 2025, featuring a coastal modern farmhouse style. The images confirm pristine, high-end finishes throughout, including top-of-the-line Sub-Zero and Wolf appliances in the kitchen, modern cabinetry, and luxurious stone countertops. Bathrooms are equally impressive with contemporary fixtures, stylish tiling, and spacious layouts. All components are new, meeting the highest quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Prime Location & Lifestyle: Nestled minutes from the beaches, downtown Santa Barbara, and Montecito, this property offers unparalleled access to coveted coastal amenities and a prestigious lifestyle.
Brand New Luxury Construction: Built in 2025, this home is part of a brand-new luxury enclave, featuring a contemporary 'coastal modern farmhouse style' with open floorplans and airy interiors, ensuring modern design and efficiency.
High-End Finishes & Appliances: The residence is appointed with top-of-the-line Sub-Zero and Wolf appliances, elevating culinary experiences to gourmet standards and appealing to discerning buyers.
Exceptional Views: Enjoy breathtaking mountain vistas and front-row views of the historic Santa Barbara Polo & Racquet Club, providing unique aesthetic appeal and a sense of exclusivity.
Generous Outdoor Living: Designed with seamless transitions to generous outdoor living spaces, the property is ideal for entertaining, relaxation, and savoring the coastal breeze and golden sunsets.

Cons

High Association Fees: A monthly association fee of $400 adds a significant recurring cost to homeownership, which potential buyers must factor into their budget.
New Development Considerations: As part of a brand-new luxury enclave, there may be ongoing construction noise or activity in the surrounding area until the community is fully built out, potentially impacting immediate tranquility.
Model Unit Discrepancy: The listing explicitly states that images are from a model unit (Lot 12), implying the actual unit may have variations in finishes, layout, or views, requiring careful verification by potential buyers.
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