1512 Hillcrest Road, Santa Barbara, CA 93103, Santa Barbara, 93103 - 3 bed, 3 bath

1512 Hillcrest Road, Santa Barbara, CA 93103 home-pic-0

1512 Hillcrest Road

Santa Barbara, CA 93103

ACTIVE
CONDITION: GOOD
3Beds
3Baths
Sq Ft
43,560Lot Size

Property Price

LIST PRICE$2,985,000

SUMMARY

Analysis of 1512 Hillcrest Road, Santa Barbara, CA 93103 is currently available with a list price of $2,985,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This mid-century retreat is move-in ready and well-maintained, benefiting from recent updates including fresh paint, a new roof, and new gutters. The kitchen features high-end, modern appliances and contemporary cabinetry, though the tiled countertops and flooring reflect a distinct mid-century aesthetic that, while clean and functional, may not appeal to all buyers seeking a universally 'new' look. The primary bathroom also maintains a period-specific style with its yellow tiled vanity and sinks, which are in good condition but not modern. Other bathrooms appear recently updated with modern fixtures. The property has mini-split units for cooling/heating, but lacks central air conditioning, and the core systems, while functional, are noted as potentially older given the 1974 build year. Overall, the property is in solid condition with significant recent improvements, aligning with the 'Good' criteria of being move-in ready with some updated components within the last 5-15 years, without having undergone a full, top-to-bottom modern renovation.

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 = 43560, living area = 2020.

  • Exceptional Location & Views

    Perched in the desirable Riviera Summit, the property offers stunning mountain vistas, sunrises, and moonrises, while being minutes from downtown Santa Barbara and Montecito's amenities.

  • Architectural Significance & Design

    This mid-century retreat boasts an open layout, European sensibility, and seamless indoor-outdoor living, characterized by expansive windows, beamed ceilings, and a striking stone fireplace.

CONSRISKS & DEFICIENCIES

  • Age of Core Systems

    Built in 1974, while cosmetically updated, the property's core systems (e.g., plumbing, electrical, HVAC) may be original or older, potentially requiring future investment.

  • Multi-Level Layout

    The multi-level design, including a private primary suite on its own level, may not appeal to all buyers, particularly those seeking single-story living or with mobility concerns.

  • Absence of Central Air Conditioning

    The property description does not mention a cooling system, which could be a drawback during warmer months, potentially requiring the installation of an HVAC system.

About 1512 Hillcrest Road

This Riviera Summit mid-century retreat, set on approximately one acre, embodies a rare harmony of architecture and nature. Just minutes from downtown Santa Barbara and Montecito's shopping and dining, the serene multi-level residence is celebrated for its architectural significance, mountain vistas, sunrises and moonrises, and daily encounters with deer, hawks, and the evening song of coyotes. The home's open layout blends European sensibility with Santa Barbara's signature indoor-outdoor living, seamlessly connecting the main living, kitchen, and dining spacesappointed with high-end appliancesto multiple view decks, ideal for year-round entertaining, al fresco dining, and relaxed lounging. Arrival is marked by a distinctive entry deck designed around two graceful oak trees, leading to a calming water fountain. Inside, expansive windows, beamed ceilings, and a striking stone fireplace frame mountain views that serve as living artwork. The private primary suite occupies its own level, offering a sitting area, fireplace, generous closet, flexible office space, and a secluded deck that heightens the sense of retreat. Its spa-like bath features a soaking tub with views to the natural surroundings. Freshly painted inside and out, with a new roof and gutters, the residence offers peace of mind along with timeless style. Bordered by Franceschi and Parma Parks, the home is immersed in nature with world-class hiking and cycling just outside the door. Below the residence, the gently sloping acre invites possibilities: a pool, orchard, enhanced landscaping, or an ADU with existing design plans and site approvals, an opportunity to expand this mid-century gem into a multi-generational enclave or guest retreat.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1974
Lot Size
43,560 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot-1,922
7%
Lot Size43,56010,454
82%
Price$2.98M$2.13M
71%
Price per sq ft$0$1.0K
24%
Built year19741949
73%
HOA$0$0
50%
Days on market199199
51%

Pricing History

Listed for Sale

Aug 20, 2025

$2,985,000

Initial Listing

Sold

May 26, 2017

$1,575,000

Public Record

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