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2870 Holly Road, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 3 bed, 3 bath

2870 Holly Road, SANTA BARBARA, CA 93105 home-pic-0
ACTIVE$2,895,000$2,600/sqft
Est. Value: $2,895,000
%
FairlyEstimate
2870 Holly Road, SANTA BARBARA, CA 93105
3Beds
3Baths
2,600Sqft
84,071Lot

Price Vs. Estimate

The estimated value ($2,895,000) is $0 (0%) lower than the list price ($2,895,000). This property may be overpriced.

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 = 84071, living area = 2600.
Top Cons:
Property Age: Built in 1988, while extensively upgraded, the property is not new construction, which might be a preference for some luxury buyers seeking the latest architectural trends and building standards.

Compared to the nearby listings

Price:$2.90M vs avg $2.28M (+$615,000)65%
Size:2,600 sqft vs avg 1,799.5 sqft77%
Price/sqft:$1.1K vs avg $1.1K60%

More Insights

Built in 1988 (38 years old).
Condition: Despite being built in 1988, this property has undergone extensive recent renovations, including a new roof, HVAC system, flooring, backup batteries, and the addition of an elevator. The kitchen features professional-grade Wolf appliances and stainless steel counterparts, while the bathrooms are updated with modern vanities, fixtures, and tiling. The overall condition is pristine, with high-quality finishes and no visible deferred maintenance, aligning with the 'Excellent' criteria for a recently and thoroughly upgraded home.
Year Built
1988
Close
-
List price
$2.9M
Original List price
-
Price/Sqft
$1,113
HOA
$0
Days on market
-
Sold On
-
MLS number
25-1336
Home ConditionExcellent
Features
Excellent View:
Deck
Spa
Patio
View-

About this home

Experience World Class Views & Extraordinary Privacy. This Mediterranean Modern is positioned above the Botanic Gardens, minutes to downtown Santa Barbara. This spectacular home features 3BD/2.5BA, 2,600±sqft of beautifully upgraded living space, expansive wraparound decks, and triple pane windows artfully framing cinematic views spanning mountains, ocean, city, harbor w islands on the horizon. An entertainer's kitchen, featuring a professional grade Wolf cooktop, naturally opens to the inspiring dining area. The south facing primary suite is appointed with a spa bath and skyline deck to soak in morning light w coastal breezes. Recent upgrades incl: Backup Batteries, Elevator, Flooring, HVAC, Laundry x2, Roof, A spacious garage provides ample storage. The Plans for an ADU now have county approval, enhancing the home's long-term appeal. Prime location by the SB Botanic Gardens, SB Tennis Club, the Old Mission, just 3.5mi to museums, coffee shops, theaters & dining & 10mi to the airport.

R
Robert Heckes
Listing Agent

Nearby schools

5/10
Roosevelt Elementary School
Public,•K-6•1.6mi
4/10
Santa Barbara Junior High School
Public,•7-8•2.7mi
6/10
Santa Barbara Senior High School
Public,•9-12•2.3mi

Price History

Date
Event
Price
08/17/94
Sold
$540,000
12/15/20
Sold
$1,725,000
Condition Rating
Excellent
Despite being built in 1988, this property has undergone extensive recent renovations, including a new roof, HVAC system, flooring, backup batteries, and the addition of an elevator. The kitchen features professional-grade Wolf appliances and stainless steel counterparts, while the bathrooms are updated with modern vanities, fixtures, and tiling. The overall condition is pristine, with high-quality finishes and no visible deferred maintenance, aligning with the 'Excellent' criteria for a recently and thoroughly upgraded home.
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 = 84071, living area = 2600.
Panoramic Views: The property offers world-class, cinematic views spanning mountains, ocean, city, harbor with islands on the horizon, artfully framed by triple pane windows and accessible from expansive wraparound decks.
Exceptional Privacy & Location: Boasting extraordinary privacy, the home is ideally positioned above the Botanic Gardens, minutes from downtown Santa Barbara, and close to the SB Tennis Club and Old Mission, offering both seclusion and convenience.
Extensive Recent Upgrades & Modern Amenities: The home features significant recent upgrades including backup batteries, an elevator, new flooring, HVAC system, dual laundry facilities, and a new roof, ensuring modern comfort and efficiency.
Gourmet Kitchen & Entertaining Space: An entertainer's kitchen equipped with a professional-grade Wolf cooktop seamlessly opens to the dining area, perfect for hosting and culinary enthusiasts.
ADU Potential & Long-Term Value: County-approved plans for an Accessory Dwelling Unit (ADU) are in place, providing excellent potential for increased living space, rental income, or enhanced long-term property value.

Cons

Property Age: Built in 1988, while extensively upgraded, the property is not new construction, which might be a preference for some luxury buyers seeking the latest architectural trends and building standards.
Limited Bedroom Count: With 3 bedrooms and 2.5 bathrooms for 2,600 sqft, the bedroom count might be considered modest for a luxury home at this price point, potentially limiting appeal for larger families or those desiring more guest accommodations.
Large Lot Maintenance: The expansive 84,071 sqft lot, while providing privacy, will likely entail significant ongoing landscaping and maintenance efforts and associated costs for the homeowner.
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