1435 Estrella Drive, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 4 bed, 5 bath
1435 Estrella Drive
SANTA BARBARA, CA 93110
Property Price
SUMMARY
Analysis of 1435 Estrella Drive, SANTA BARBARA, CA 93110 reveals a property with a current list price of $12,450,000, which is 4% above the estimated $11,829,178 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
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.
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 = 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.
CONSRISKS & DEFICIENCIES
- 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.
About 1435 Estrella Drive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 148,104 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $3478 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 82% |
| Square foot | 4,391 | 1,996 | 85% |
| Lot Size | 148,104 | 7,405 | 95% |
| Price | $12.45M | $1.82M | 97% |
| Price per sq ft | $2.8K | $951 | 97% |
| Built year | 1976 | 1971 | 64% |
| HOA | $3478 | $0 | 95% |
| Days on market | 260 | 192 | 67% |
Pricing History
Listed for Sale
Jun 20, 2025
$12,450,000
Initial Listing
Sold
Sep 5, 2023
$7,450,000
Public Record
Sold
Sep 13, 2021
$3,925,000
Public Record