
SANTA BARBARA, CA 93109
span class="text-blue-600 font-bold">Visionary Owner-Occupants
Purple: Luxury Developers
* *Final check on the "Verdict"*:
"It is perfectly suited for <span class="text-blue-600 font-bold">Visionary Owner-Occupants</span> or <span class="text-purple-600 font-bold">Luxury Developers</span>."
* *Final check on the "Financials"*:
"listed at **$4,950,000**, carrying a premium over the **$3,288,390 Fair Market Value**"
* *Final check on the "Hook"*:
"This **Iconic Coastal Bluff-Top Estate** is a premier **Sanctuary**..."
* *Final check on the "Experience"*:
"features **wide-plank flooring**, **Panoramic Ocean Views**, and an expansive **deck** on a **13,939 sq. ft. lot**"
* *Final check on the "Verdict"*:
"It is perfectly suited for <span class="text-blue-600 font-bold">Visionary Owner-Occupants</span> or <span class="text-purple-600 font-bold">Luxury Developers</span>."
* *Final check on the "SEO Version"*:
"Iconic Santa Barbara
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1429 Shoreline Drive Subject | $3,800,000 | 2 | 2 | 1,280 | $2,569 | - |
A 630 Ricardo Avenue Sold | $3,500,000 | 3 | 3 | 1,494 | $2,343 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and presented as turnkey with updated wide-plank flooring and fresh interior paint. However, it retains several outdated features consistent with its 1972 build, including popcorn ceilings and original-style bathroom vanities with cultured marble tops. While functional and clean, the home requires modernization to meet current luxury standards, as evidenced by the inclusion of conceptual remodel plans in the listing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1280.
Boasting approximately 184 feet of rare bluff-top frontage adjacent to the iconic Thousand Steps Beach, this property offers unparalleled coastal access and prestige in the desirable Mesa neighborhood.
The unique 1972 circular architectural design provides breathtaking, unobstructed views of the Pacific Ocean, Channel Islands, and coastline from nearly every vantage point.
The primary residence offers only 1,280 square feet of living space, which may be considered undersized for buyers seeking a traditional luxury estate at this price point.
A 260-day market period and a substantial gap between the list price and final sale price indicate challenges with initial valuation or the property's niche architectural appeal.
Introducing the iconic ''Thousand Steps Beach House!'' Floating above the sparkling Pacific Ocean with approximately 184 feet of ocean and bluff-top frontage, and adjacent to the famed Thousand Steps Beach access, this architecturally significant 1972 circular home features jaw-dropping panoramic ocean, island, coastline, and sunset views. Available for the first time in 48 years, this turnkey coastal masterpiece is waiting for its new owner. With 2 bedrooms, 2 baths, and 1,280 sq. ft. of living space—plus a permitted 480 sq. ft. detached garage-turned-workshop and storage, a carport, and additional storage—endless possibilities await. Whether revitalizing its iconic design or crafting a new legacy, this is a once-in-a-lifetime opportunity to claim an awe-inspiring stretch of ... California's coastline. Additional conceptual remodel plans are provided by architects Donaldson + Partners.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,280 | 1,666 | 26% |
| Lot Size | 13,939.2 | 8,712 | 74% |
| Price | $3.80M | $2.56M | 68% |
| Price per sq ft | $3.0K | $1.6K | 93% |
| Built year | 1972 | 1959 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 307 | 204 | 88% |
Jun 19, 2025
$4,950,000
Initial Listing