
SANTA BARBARA, CA 93105
This Luxury New Construction Mediterranean Villa represents a premier Move-in Ready Sanctuary listed at $3,295,000, reflecting a stable premium for its 2024 build date against a $3,156,503 Fair Market Value. Boasting an Excellent Condition Rating, the estate features Panoramic Ocean and Mountain Views and a Chef’s Kitchen with Wolf Appliances. The rare 2.67-Acre Lot provides unmatched privacy just minutes from downtown, while Approved ADU Plans offer significant future utility. This sophisticated estate is an ideal match for Luxury Home Seekers or Owner-Occupants prioritizing quality and coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1535 San Roque Lane Subject | $3,295,000* List Price | 4 | 4 | 2,730 | $1,156 | - |
A 702 E Calle Laureles Sold | $2,580,000 | 4 | 3 | 2,644 | $976 | 0.7 mi |
B 2870 Holly Road Sold | $2,562,000 | 3 | 3 | 2,600 | $985 | 0.4 mi |
C 2641 Dorking Place Sold | $3,500,000 | 4 | 4 | 3,149 | $1,111 | 0.8 mi |
D 2870 Holly Road Active | $2,895,000 List Price | 3 | 3 | 2,600 | $1,113 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 2024 new construction Mediterranean Villa featuring high-end luxury finishes, including a Wolf range, Sub-Zero refrigerator, custom alder cabinetry, and marble slab bathrooms. As a brand-new build, it meets the highest quality standards with no deferred maintenance and modern systems throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 116305, living area = 2730.
Built in 2024, this Mediterranean Villa offers the latest in modern construction standards and energy efficiency, providing a turnkey experience with no immediate maintenance needs.
The property sits on a rare 2.67-acre lot, offering an exceptional level of privacy and a secluded atmosphere that is difficult to find so close to the city center.
With a list price of $3.295M for 2,730 square feet, the property has a high price-to-size ratio that may be a hurdle for buyers seeking more interior living area.
Given the 'Above Foothill' location and large acreage, much of the 2.67 acres may consist of sloped terrain, potentially limiting the amount of usable flat outdoor space.
The secluded hillside setting often requires navigating winding roads, which may be less desirable for buyers who prioritize quick and easy flat-land access to amenities.
Exquisite new construction Mediterranean Villa with spectacular views of the ocean, islands, and mountains. No detail was overlooked in this 2,730' custom built home set on 2.67 acres. Featuring four bedrooms and baths with two south facing master suites it exudes elegance. Each master has an amazing custom bathroom adorned with stunning marble slabs. The opulent kitchen is complete with granite over custom alder cabinets. A six burner Wolf Range and Sub Zero fridge round it out. A custom built hand textured sandstone fireplace surrounds the gas fire. Included are approved plans for a 1,200' 3/2 ADU. There is possibly some private financing available. Despite its secluded feel, this newly built home is just 2.1 miles to State st. and all the amenities Santa Barbara has to offer.
No exterior & parking available.
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 | 2,730 | 2,087 | 80% |
| Lot Size | 116,305 | 10,018.8 | 94% |
| Price | $3.29M | $2.15M | 83% |
| Price per sq ft | $1.2K | $1.0K | 69% |
| Built year | 2024 | 1961 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 344 | 196 | 85% |
May 14, 2025
$3,295,000
Initial Listing
Sep 9, 2016
$700,000
Public Record