
SANTA BARBARA, CA 93109
This Luxury Coastal Rebuild is a premier Move-in Ready Home in Santa Barbara’s coveted Marine Terrace. Listed at $3,850,000, the residence commands a premium reflecting its Excellent Condition Rating and complete foundation-up reconstruction by Ashton Built. While positioned above the $3,398,613 Fair Market Value, the home offers unmatched quality with Sub-Zero and Wolf appliances, rift white oak cabinetry, and a private patio with a built-in BBQ. This sophisticated sanctuary is the perfect fit for discerning homeowners or luxury lifestyle seekers desiring a turnkey coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 262 Santa Catalina Avenue Subject | $3,850,000* List Price | 3 | 3 | 2,015 | $1,687 | - |
A 220 Santa Rosa Place Sold | $2,895,000 | 4 | 3 | 1,592 | $1,818 | 0.3 mi |
B 245 Cordova Drive Sold | $2,900,000 | 4 | 3 | 2,107 | $1,376 | 0.7 mi |
C 630 Ricardo Avenue Sold | $3,500,000 | 3 | 3 | 1,494 | $2,343 | 0.7 mi |
D 1718 Payeras Street Active | $3,195,000 List Price | 3 | 2 | 1,632 | $1,958 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a complete rebuild from the foundation up, scheduled for completion in 2026. It features high-end luxury finishes including rift white oak cabinetry, premium Sub-Zero and Wolf appliances, vaulted ceilings, and modern folding glass doors. As a brand-new construction with top-tier materials and contemporary design, it meets all criteria for the excellent condition score.
Rebuilt from the foundation up by Ashton Built, this home offers the quality and peace of mind of new construction, featuring high-end Sub-Zero and Wolf appliances and rift white oak cabinetry.
The design maximizes the Santa Barbara climate with vaulted ceilings in every room and folding glass doors that open to a sophisticated patio equipped with a gas fire pit and built-in BBQ.
Located in the highly coveted Marine Terrace neighborhood of the Mesa, the property provides an elite lifestyle just moments from the coastline and local beaches.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2015, other record living area = 806. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2025-05-21. The sold price is $1,700,000.00.
The 6,098-square-foot lot is relatively modest for a nearly $4 million price point, which may limit yard space for buyers seeking extensive gardens or privacy.
Scheduled for completion by May 15, this exceptional East Mesa residence on Santa Catalina has been completely rebuilt from the foundation up. This project, executed by Ashton Built, showcases meticulous attention to detail and high-end finishes throughout, blending modern design with timeless elegance. Featuring 3 bedrooms and 3 full bathrooms, the layout is both functional and inviting, highlighted by sophisticated design choices. Vaulted ceilings in every room fill the home with natural light, creating a bright and airy living environment. The kitchen is beautifully appointed with rift white oak cabinetry and premium Sub-Zero and Wolf appliances, combining form and function. Indoor-outdoor living is maximized with folding glass doors opening to a spacious patio, complete with a ga fire pit and built-in BBQ. Located in the coveted Marine Terrace neighborhood, just moments from the coastline, this home offers a perfect combination of style, comfort, and location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,015 | 1,720 | 58% |
| Lot Size | 6,098 | 8,712 | 25% |
| Price | $3.85M | $2.56M | 70% |
| Price per sq ft | $1.9K | $1.6K | 81% |
| Built year | 1951 | 1959 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 200 | 2% |
Mar 24, 2026
$3,850,000
Initial Listing
May 21, 2025
$1,700,000
Public Record