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1438 Hillcrest Road, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 3 bed, 3 bath

1438 Hillcrest Road, SANTA BARBARA, CA 93103 home-pic-0
ACTIVE$5,900,000$2,519/sqft
Est. Value: $6,095,562
3%
BelowEstimate
1438 Hillcrest Road, SANTA BARBARA, CA 93103
3Beds
3Baths
2,519Sqft
43,560Lot

Price Vs. Estimate

The estimated value ($6,095,561.93) is $195,561.93 (3%) higher than the list price ($5,900,000). This property may be underpriced.

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 = 43560, living area = 2519.
Top Cons:
High Price Point: With a list price of $5.9 million, the property targets a very specific luxury market segment, potentially limiting the pool of prospective buyers.

Compared to the nearby listings

Price:$5.90M vs avg $2.13M (+$3,769,000)97%
Size:2,519 sqft vs avg 1,523 sqft82%
Price/sqft:$2.3K vs avg $79197%

More Insights

Built in 1974 (52 years old).
Condition: Despite being built in 1974, this property has undergone an extensive, high-end renovation, effectively making it a virtually new home. The listing explicitly states 'Every system has been upgraded, including new HVAC, heating, water heater, and a whole-house water filtration system.' The kitchen features modern, minimalist design with sleek white cabinetry, contemporary countertops, and integrated stainless steel appliances. Bathrooms are spa-inspired with heated floors, floating vanities, modern black fixtures, large format tiling, and a custom glass-enclosed soaking tub, all appearing brand new. Flooring throughout is high-quality light wood and modern tile. The overall aesthetic, designer finishes, and completely updated major systems meet and exceed current quality standards, indicating no deferred maintenance and minimal physical depreciation, aligning perfectly with an 'excellent' condition score.
Year Built
1974
Close
-
List price
$5.9M
Original List price
-
Price/Sqft
$2,342
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4173
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Patio
View-

About this home

1 Acre | Heated Saltwater Pool | Designer Interiors | ADU Potential Discover elevated living at this stunning Riviera residence on a full acre with sweeping mountain views. Thoughtfully reimagined with designer finishes and modern amenities, this home offers an effortless blend of contemporary luxury and timeless architectural character — with soaring ceilings, expansive windows, and seamless indoor-outdoor flow. Every system has been upgraded, including new HVAC, heating, water heater, and a whole-house water filtration system. Spa-inspired en-suite bathrooms feature heated floors and a custom glass-enclosed soaking tub overlooking the mountains. The outdoor spaces are designed for year-round enjoyment. A heated saltwater pool with new systems anchors the property, surrounded by a large timber tech deck, lush landscaping, upgraded lighting, and irrigation. Entertain under the pergola equipped with a gas heater and a full outdoor kitchen with BBQ, sink, and refrigerator. A large, irrigated vegetable garden and mature fruit trees make farm-to-table living a daily pleasure. Offered furnished with curated designer and custom pieces, the home reflects a sophisticated minimalist aesthetic in natural tones and textures. Located just minutes from downtown Santa Barbara, beaches, and hiking trails, this private Riviera retreat combines tranquility, style, and modern comfort  with space to build an ADU. Highlights: " 1-acre lot with panoramic mountain views " Heated saltwater pool with new systems " Updated HVAC, heat, water heater, & water filtration " Spa-style bathrooms with heated floors " Custom glass-enclosed soaking tub " Outdoor kitchen with BBQ, sink & refrigerator " Pergola with gas heater for year-round entertaining " Irrigated vegetable garden & mature fruit trees " Offered furnished with designer pieces " ADU potential & prime Riviera location

T
Tina Lyn
Listing Agent

Price History

Date
Event
Price
08/17/21
Sold
$1,995,000
Condition Rating
Excellent
Despite being built in 1974, this property has undergone an extensive, high-end renovation, effectively making it a virtually new home. The listing explicitly states 'Every system has been upgraded, including new HVAC, heating, water heater, and a whole-house water filtration system.' The kitchen features modern, minimalist design with sleek white cabinetry, contemporary countertops, and integrated stainless steel appliances. Bathrooms are spa-inspired with heated floors, floating vanities, modern black fixtures, large format tiling, and a custom glass-enclosed soaking tub, all appearing brand new. Flooring throughout is high-quality light wood and modern tile. The overall aesthetic, designer finishes, and completely updated major systems meet and exceed current quality standards, indicating no deferred maintenance and minimal physical depreciation, aligning perfectly with an 'excellent' condition score.
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 = 43560, living area = 2519.
Prime Location & Panoramic Views: Situated in the desirable Santa Barbara Riviera, the property offers sweeping mountain views and is minutes from downtown, beaches, and hiking trails, providing an ideal blend of tranquility and accessibility.
Extensive Modern Upgrades & Designer Finishes: The residence has been thoughtfully reimagined with designer finishes, soaring ceilings, expansive windows, and boasts fully upgraded systems including HVAC, heating, water heater, and a whole-house water filtration system.
Luxurious Outdoor Living & Amenities: Designed for year-round enjoyment, the outdoor spaces feature a heated saltwater pool, large timber tech deck, a pergola with a gas heater, a full outdoor kitchen, lush landscaping, an irrigated vegetable garden, and mature fruit trees.
Large Lot with ADU Potential: The expansive 1-acre lot provides significant privacy, space, and the valuable potential to build an Accessory Dwelling Unit (ADU), offering future flexibility or income opportunities.
Turnkey & High-End Furnishings: The home is offered furnished with curated designer and custom pieces, reflecting a sophisticated minimalist aesthetic, allowing for an immediate, high-end living experience.

Cons

High Price Point: With a list price of $5.9 million, the property targets a very specific luxury market segment, potentially limiting the pool of prospective buyers.
Age of Original Construction: Despite extensive modern renovations and system upgrades, the core structure dates back to 1974, which might be a consideration for buyers exclusively seeking brand-new construction.
Moderate Interior Square Footage for Price/Lot Size: At 2,519 sqft on a 1-acre lot for $5.9 million, some luxury buyers might expect a larger primary residence, especially if the ADU potential is not yet realized.
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