1367 Via Veneto, SANTA BARBARA, CA 93111, SANTA BARBARA, 93111 - 6 bed, 7 bath
1367 Via Veneto
SANTA BARBARA, CA 93111
Property Price
SUMMARY
Analysis of 1367 Via Veneto, SANTA BARBARA, CA 93111 reveals a Fairly Priced Property with a current list price of $5,750,000 aligned with the estimated $5,750,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1367 Via Veneto Subject | $5,750,000* List Price | 6 | 7 | 5,453 | $1,054 | - |
A 4678 Bedrock Court Active | $5,500,000 List Price | 4 | 3 | 4,078 | $1,349 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2016, this property meets the 'excellent' criteria as it is less than 10 years old. The contemporary 'Modern Zen' architecture features high-end finishes, a chef's kitchen with premium appliances, soaring ceilings, and walls of glass. All components, including the resort-style pool and detached casita, appear to be in pristine condition with no deferred maintenance, reflecting current luxury quality standards.
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 = 24829, living area = 5453.
- Panoramic Coastal Views
The estate offers exceptional, unobstructed views of both the Pacific Ocean and the Santa Ynez Mountains, a highly coveted feature that significantly enhances the property's luxury appeal.
- Detached Guest Casita
A private, self-contained guest house featuring a full kitchen provides versatile living options for multi-generational families, long-term guests, or a premium home office suite.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
- Recent Price Adjustment
The property has undergone a recent price reduction from $5.895M to $5.75M, which may suggest the initial listing price was aggressive relative to current market absorption rates.
- High Maintenance Overhead
With over 5,400 square feet of living space, a resort-style pool, and extensive grounds, the property carries significant ongoing maintenance requirements and associated costs for a new owner.
About 1367 Via Veneto
Welcome to La Romana Estates, an exclusive gated retreat offering breathtaking ocean and mountain views just minutes from downtown Santa Barbara. This exceptional contemporary estate blends refined architecture with effortless indoor/outdoor living in a serene and private setting. Walls of glass, soaring ceilings, and sweeping panoramic vistas define the open-concept interior, creating a seamless connection to the surrounding natural beauty. The thoughtfully designed floor plan features a chef's kitchen with premium finishes, an elegant and luxurious primary suite, and multiple spacious en-suite bedrooms, ideal for both everyday living and entertaining. A private detached guest Casita with a full kitchen provides the perfect retreat for visitors, extended family, or flexible living. Outdoor spaces are equally impressive, centered around a resort-style pool and spa, expansive terraces, and tranquil lounging areas designed to capture spectacular sunsets and coastal breezes. Residents of La Romana Estates enjoy access to an exclusive 11-acre private open-space preserve, offering unmatched peace, privacy, and a rare connection to nature within a discreet, secure community. Whether as a full-time residence or a lock-and-leave luxury escape, this home embodies timeless architectural design and modern serenity. Property Highlights: " 6 Bedrooms | 7 Bathrooms " Private detached Casita with full kitchen " Stunning ocean and mountain views " Gated, discreet, and secure La Romana Estates " Exclusive 11-acre private preserve for residents " Timeless architecture with Modern Zen design " Ideal for year-round living or a lock-and-leave retreat
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2016
- Lot Size
- 24,829.199 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $330 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 99% |
| Baths | 7.0 | 2.0 | 99% |
| Square foot | 5,453 | 1,926 | 94% |
| Lot Size | 24,829.199 | 9,365 | 79% |
| Price | $5.75M | $1.66M | 99% |
| Price per sq ft | $1.1K | $888 | 72% |
| Built year | 2016 | 1965 | 92% |
| HOA | $330 | $0 | 89% |
| Days on market | 144 | 188 | 33% |
Pricing History
Listed for Sale
Feb 27, 2026
$5,750,000
$5,895,000
-2% Price Drop
Initial Listing
Price Change
Oct 14, 2025
$5,895,000
Initial Listing
Sold
Nov 22, 2013
$700,000
Public Record