1435 Estrella Drive, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 4 bed, 5 bath

1435 Estrella Drive, SANTA BARBARA, CA 93110 home-pic-0
ACTIVE$12,450,000$4,391/sqft
Est. Value: $11,829,179
-4%
AboveEstimate
1435 Estrella Drive, SANTA BARBARA, CA 93110
4Beds
5Baths
4,391Sqft
148,104Lot

Price Vs. Estimate

The estimated value ($11,829,178.92) is $620,821.08 (4%) lower than the list price ($12,450,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 148104, living area = 4391.
Top Cons:
Premium Price Point: The list price of $12.45 million places it in a very exclusive market segment, significantly narrowing the potential buyer pool.

Compared to the nearby listings

Price:$12.45M vs avg $2.05M (+$10,400,000)91%
Size:4,391 sqft vs avg 1,426 sqft86%
Price/sqft:$2.8K vs avg $85197%

More Insights

Built in 1976 (50 years old).
Condition: Despite being built in 1976, this property has undergone a stunning and extensive high-end renovation, making it virtually new in terms of condition and style. The kitchen features modern white cabinetry, high-end stainless steel appliances, luxurious waterfall-edge quartz countertops, and contemporary gold fixtures. The bathrooms are equally impressive, showcasing large format tiles, sleek vanities, modern fixtures (including gold and black finishes), freestanding tubs, and spacious glass-enclosed showers. Wide plank flooring, modern lighting, and custom stone accents are present throughout the home, indicating a comprehensive update within the last 5 years. All components appear new or virtually new, meeting current luxury standards with no visible deferred maintenance.
Year Built
1976
Close
-
List price
$12.45M
Original List price
-
Price/Sqft
$2,835
HOA
$3,478
Days on market
-
Sold On
-
MLS number
25-2399
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

Hope Ranch lifestyle at its finest can be found in this stunningly updated single level ranch. Modern touches blend seamlessly with warm beamed ceilings, 2 fireplaces, wide plank flooring, skylights, custom stone accents and unparalleled attention to detail. Spacious 4 BR, 4.5 BTH floorplan, den/office and exercise room that opens to its own deck. Revel in a true chefs kitchen with ample room to prepare that feast on the oversized island. French doors open up to an entertainers dream back yard complete with 40 foot pool & spa, custom pergola for al fresco dining, firepit and wired speakers to light up any party. Enjoy an evening stroll around your very own parklike 3.4 acres that is a true mix between manicured drought tolerant landscape and paths leading through mature oaks.

B
Brad Merritt
Listing Agent

Price History

Date
Event
Price
09/05/23
Sold
$7,450,000
09/13/21
Sold
$3,925,000
Condition Rating
Excellent

Despite being built in 1976, this property has undergone a stunning and extensive high-end renovation, making it virtually new in terms of condition and style. The kitchen features modern white cabinetry, high-end stainless steel appliances, luxurious waterfall-edge quartz countertops, and contemporary gold fixtures. The bathrooms are equally impressive, showcasing large format tiles, sleek vanities, modern fixtures (including gold and black finishes), freestanding tubs, and spacious glass-enclosed showers. Wide plank flooring, modern lighting, and custom stone accents are present throughout the home, indicating a comprehensive update within the last 5 years. All components appear new or virtually new, meeting current luxury standards with no visible deferred maintenance.
Pros & Cons

Pros

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 = 148104, living area = 4391.
Prestigious Location: Situated in the highly desirable Hope Ranch subdivision of Santa Barbara, offering an exclusive and luxurious lifestyle.
Extensive High-End Updates: The property has been stunningly updated with modern touches, high-quality finishes, including beamed ceilings, wide plank flooring, skylights, and custom stone accents, reflecting meticulous attention to detail.
Gourmet Chef's Kitchen: Features a true chef's kitchen with an oversized island, designed for culinary enthusiasts and entertaining.
Exceptional Outdoor Entertainment: The backyard is an entertainer's dream, boasting a 40-foot pool & spa, custom pergola for al fresco dining, a firepit, and wired speakers.
Expansive & Private Estate Lot: Encompasses a park-like 3.4-acre lot with manicured drought-tolerant landscaping and mature oaks, providing significant privacy and space.

Cons

Premium Price Point: The list price of $12.45 million places it in a very exclusive market segment, significantly narrowing the potential buyer pool.
Original Construction Age: While extensively updated, the home was originally built in 1976, which may imply older foundational systems or design elements that could require future attention or updates beyond the cosmetic.
Substantial Association Fees: An annual association fee of $3478 adds a significant recurring cost to property ownership.
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