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3221 Campanil Drive, SANTA BARBARA, CA 93109, SANTA BARBARA, 93109 - 5 bed, 4 bath

3221 Campanil Drive, SANTA BARBARA, CA 93109 home-pic-0
ACTIVE$6,488,000$4,625/sqft
Est. Value: $6,488,000
%
FairlyEstimate
3221 Campanil Drive, SANTA BARBARA, CA 93109
5Beds
4Baths
4,625Sqft
65,340Lot

Price Vs. Estimate

The estimated value ($6,488,000) is $0 (0%) lower than the list price ($6,488,000). 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 = 65340, living area = 4625.
Top Cons:
Need for Modernization: Built in 1978, the home retains its 'period charm,' indicating it requires significant modernization and personalization to meet contemporary standards.

Compared to the nearby listings

Price:$6.49M vs avg $2.56M (+$3,932,000)91%
Size:4,625 sqft vs avg 1,720 sqft98%
Price/sqft:$1.4K vs avg $1.2K56%

More Insights

Built in 1978 (48 years old).
Condition: Built in 1978, this property retains its 'period charm' and explicitly presents an 'opportunity for modernization,' as noted in the description. While structurally sound and well-maintained externally, the interior, particularly the kitchen, features dated elements such as light wood cabinets, tile countertops, and a mix of older appliances. The overall aesthetic requires significant updates to meet contemporary standards, aligning with a 'fair' condition where major components are functional but show signs of being outdated and require more than minor updates for full modernization.
Year Built
1978
Close
-
List price
$6.49M
Original List price
-
Price/Sqft
$1,403
HOA
$65
Days on market
-
Sold On
-
MLS number
25-3817
Home ConditionFair
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

Perched on a serene 1.5-acre lot with sweeping, ocean views, this 1978 Santa Barbara estate offers over 4,600 sq. ft. of timeless architectural character. With 5 bedrooms and multiple living spaces, the home combines generous scale with abundant natural light throughout. Expansive grounds and outdoor terraces provide the perfect setting for entertaining or simply enjoying the breathtaking Pacific sunrises and sunsets. While the home retains its period charm, it presents an exceptional opportunity for modernization and personalization to create a truly one-of-a-kind coastal retreat. Rarely do homes of this size, location, and privacy come to market—offering the perfect canvas for the discerning buyer to craft their dream estate in one of Santa Barbara's most coveted neighborhoods. Campanil's unique blend of bucolic charm and coastal convenience is unmatched. Once home to small farms and ranches, the neighborhood retains its sense of open space and natural beauty, while being just moments from Arroyo Burro Beach, the Douglas Preserve, and downtown Santa Barbara. This is more than a home  it's a private retreat and a visionary opportunity to create a masterpiece residence in one of the city's most exclusive enclaves.

E
Erin Muslera
Listing Agent
Condition Rating
Fair
Built in 1978, this property retains its 'period charm' and explicitly presents an 'opportunity for modernization,' as noted in the description. While structurally sound and well-maintained externally, the interior, particularly the kitchen, features dated elements such as light wood cabinets, tile countertops, and a mix of older appliances. The overall aesthetic requires significant updates to meet contemporary standards, aligning with a 'fair' condition where major components are functional but show signs of being outdated and require more than minor updates for full modernization.
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 = 65340, living area = 4625.
Prime Location & Ocean Views: Perched on a serene 1.5-acre lot with sweeping ocean views in the coveted Campanil neighborhood, moments from Arroyo Burro Beach, Douglas Preserve, and downtown Santa Barbara.
Expansive Estate & Privacy: Over 4,600 sq. ft. of living space on a large, private 1.5-acre lot, offering a rare sense of seclusion and open space.
Architectural Character & Natural Light: Features timeless architectural character with generous scale and abundant natural light throughout its multiple living spaces.
Ample Living & Bedroom Space: Boasts 5 bedrooms and multiple living areas, providing significant room for family, guests, and diverse lifestyle needs.
Outdoor Entertaining Potential: Expansive grounds and outdoor terraces offer an ideal setting for entertaining or enjoying breathtaking Pacific sunrises and sunsets.

Cons

Need for Modernization: Built in 1978, the home retains its 'period charm,' indicating it requires significant modernization and personalization to meet contemporary standards.
Potential Renovation Costs: The 'opportunity for modernization' implies a substantial financial investment will be necessary to update the property to a 'one-of-a-kind coastal retreat'.
Dated Interior Aesthetics: The description highlights 'period charm,' suggesting interior aesthetics and finishes may be dated and not align with current luxury market preferences.
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