
SANTA BARBARA, CA 93105
This Luxury Mission Canyon Estate is a Prime Investment Opportunity, listed at $3,495,000—positioned well below the $4,244,697 Fair Market Value by 17%. This significant valuation gap provides $749,697 in Instant Equity for a property in High-End Modern Condition. The residence features panoramic ocean and mountain views, a modernized chef’s kitchen, and a palatial primary suite across nearly 4,000 sq ft. Located near the Botanic Gardens, this turnkey sanctuary balances architectural heritage with massive financial upside. It is a rare find for Luxury Homeowners or Wealth-Building Investors seeking a premier Santa Barbara asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1439 Tunnel Road Subject | $3,450,000 | 4 | 4 | 3,798 | $1,118 | - |
A 1444 Tunnel Road Sold | $2,800,000 | 4 | 4 | 3,361 | $833 | 0.1 mi |
B 2641 Dorking Place Sold | $3,500,000 | 4 | 5 | 3,149 | $1,111 | 0.9 mi |
C 2641 Dorking Place Sold | $3,500,000 | 4 | 4 | 3,149 | $1,111 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1994, the property has undergone extensive high-end renovations within the last 5 years. The kitchen is fully modernized with premium stainless steel appliances, stone countertops, and updated cabinetry. The bathrooms feature contemporary upgrades including a freestanding soaking tub and designer tile work. The home shows no signs of deferred maintenance, featuring pristine hardwood and Saltillo tile flooring, updated light fixtures, and impeccable interior finishes that meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17859, living area = 3798.
The property offers exceptional, unobstructed views of the Pacific Ocean, Channel Islands, and Santa Ynez Mountains from nearly every room, providing a premium visual experience that defines the Santa Barbara lifestyle.
Positioned on a private lane near the Santa Barbara Botanic Gardens and Tunnel Trail, the home provides a perfect balance of secluded tranquility and immediate access to world-class hiking and iconic local landmarks.
The assigned public schools for this address have ratings ranging from 4 to 6, which may be a drawback for families specifically seeking top-tier educational districts.
Located in the Mission Canyon foothills, the property is situated in a high-fire-hazard zone, which typically results in significantly higher insurance premiums and more rigorous maintenance requirements.
Discreetly positioned on a private lane off storied Tunnel Road—a quintessential expression of Santa Barbara Spanish architecture is set quietly above the city. At almost 4,000 sq ft of living space, the home has been impeccably maintained, honoring its architectural roots while offering a refined sense of comfort and scale. A gracious courtyard anchors the property, inviting long afternoons of indoor-outdoor living, al fresco dinners, and evenings softened by ocean air and mountain light. From almost every room within, sweeping views unfold across the Pacific Ocean, the Channel Islands, and the Santa Ynez Mountains, shifting with the day and season. The primary suite feels palatial with generous proportions, outfitted with a luxurious ensuite bath and walk-in closet. Cozy up next to the fireplace, or enjoy the sunrise view from the balcony. A thoughtfully placed ground-floor bedroom with ensuite bath adds ease and flexibility, while the private setting offers rare tranquility. Moments away lie the Santa Barbara Botanic Gardens, the Mission and Rose Garden, the Santa Barbara Tennis Club, and Tunnel Trail - leading to Inspiration Point and Seven Falls, making this home a seamless blend of seclusion, beauty, and connection to the landscape that defines Mission Canyon.
No exterior & parking available.
Grades K-6 • 1.8 mi
Grades 7-8 • 2.9 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 4.0 | 3.0 | 76% |
| Square foot | 3,798 | 2,087 | 95% |
| Lot Size | 17,859 | 10,018.8 | 63% |
| Price | $3.45M | $2.15M | 83% |
| Price per sq ft | $908 | $1.0K | 37% |
| Built year | 1994 | 1961 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 195 | 17% |
Jan 20, 2026
$3,495,000
Initial Listing
May 25, 2018
$1,975,000
Public Record
Oct 7, 1994
$700,000
Public Record