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3756 FOOTHILL, PRIVATE LANE Road, Santa Barbara, CA 93105, Santa Barbara, 93105 - 7 bed, 8 bath

3756 FOOTHILL, PRIVATE LANE Road, Santa Barbara, CA 93105 home-pic-0
ACTIVE$7,950,000$11,500/sqft
Est. Value: $7,950,000
%
FairlyEstimate
3756 FOOTHILL, PRIVATE LANE Road, Santa Barbara, CA 93105
7Beds
8Baths
11,500Sqft
587,624Lot

Price Vs. Estimate

The estimated value ($7,950,000) is $0 (0%) lower than the list price ($7,950,000). 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 = 587624, living area = 11500.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.

Compared to the nearby listings

Price:$7.95M vs avg $2.28M (+$5,670,000)98%
Size:11,500 sqft vs avg 1,799.5 sqft98%
Price/sqft:$691 vs avg $1.1K27%

More Insights

Built in 1992 (34 years old).
Condition: This magnificent 1992-built estate is exceptionally well-maintained with stunning grounds and high-end amenities like a cinematic movie theatre, multiple pools, and solar panels. However, despite its grandeur, the interior finishes, particularly in the kitchen and bathrooms, show signs of being outdated. The kitchen features tile countertops, and the bathrooms have tile styles characteristic of the 1990s. While functional and clean, these elements would require aesthetic updates to meet current luxury standards expected by today's buyers, aligning with the 'Fair' category's description of a home aged over 20 years with functional but outdated major components and a need for minor updates.
Year Built
1992
Close
-
List price
$7.95M
Original List price
-
Price/Sqft
$691
HOA
$0
Days on market
-
Sold On
-
MLS number
24423367
Home ConditionFair
Features
Excellent View: the property has mountain view
Deck
Pool
Spa
Patio
Viewthe property has mountain view

About this home

SPECTACULAR OCEAN VIEW SANTA BARBARA COMPOUND IN SOUGHT-AFTER LOCATION ON PRIVATE LANE, Ideal for you and it's wonderful for dual living - Spacious for your extended family, entertaining, and staff. Peaceful and Secluded, yet within Minutes to Town. Spectacular Coastline, Ocean & Mountain Views featuring mostly Single Level Living with breathtaking Ocean & Mountain Views. Villa Verano, is a Magnificent Mediterranean Estate with 11,500+ SF full of natural light and in an extremely beautiful setting with stunning landscaping on nearly 14 acres, with a well thought-out floor plan and landscaping for your ease and comfort, including drought tolerant plants and easier-care maintenance. Enjoy Romantic European gardens, splendor of 2 Wells & expansive entertaining areas. Plenty of level acreage for Horses & Animals, and Additional building site. Tranquil water features & lush greenery integrate seamlessly into the Villa bringing nature & peacefulness to your soul. Seven large ensuite bedrooms where you could stay forever, each with French doors guide you to beauty & nature. Primary Suite has Ocean Views, to retreat & rejuvenate with high ceilings, fireplace, French Doors leading to breathtaking views from large terrace, exercise room and private outdoor spa. Remarkable Living Room w/soaring beamed ceilings, Gourmet Kitchen, dazzling Pool, luxury Spa & entertaining areas w/ocean views to horizon. The Compound has: 2bd/2ba Pool House/Guest House, Penthouse Guest Apt, Solar, Avocado Orchards. Plus, 3000+ SF level with cinematic movie theatre, great for presentations and film screenings, editing bay, yoga or music room, and a very large guest bedroom with ensuite bath, and a separate entrance and kitchenette. Perfect for visiting speakers, a chef, party helper, an assistant, or caregivers. Minutes to restaurants, Beaches, theatres, shopping, wine tasting and more. Find your lifetime dream, tranquility, acreage & independence in your own Santa Barbara paradise.

S
Sherry Lawson
Listing Agent
Condition Rating
Fair
This magnificent 1992-built estate is exceptionally well-maintained with stunning grounds and high-end amenities like a cinematic movie theatre, multiple pools, and solar panels. However, despite its grandeur, the interior finishes, particularly in the kitchen and bathrooms, show signs of being outdated. The kitchen features tile countertops, and the bathrooms have tile styles characteristic of the 1990s. While functional and clean, these elements would require aesthetic updates to meet current luxury standards expected by today's buyers, aligning with the 'Fair' category's description of a home aged over 20 years with functional but outdated major components and a need for minor updates.
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 = 587624, living area = 11500.
Unrivaled Views & Prime Location: Spectacular Ocean, Coastline & Mountain Views from a private lane in a highly sought-after Santa Barbara location, offering both seclusion and proximity to town amenities.
Grand Scale & Versatile Living: An expansive 11,500+ SF Mediterranean estate on nearly 14 acres, designed for dual living, extended family, and staff, with ample space for equestrian pursuits or future development.
Extensive Luxury Amenities: Features include a gourmet kitchen, dazzling pool, luxury spa, cinematic movie theatre, exercise room, multiple entertaining areas, and romantic European gardens.
Comprehensive Guest & Staff Accommodations: The compound boasts a 2-bed/2-bath pool house, a penthouse guest apartment, and a separate 3000+ SF level with a guest suite and kitchenette, ideal for various live-in support or visitors.
Sustainable & Thoughtful Design: Includes solar power, two private wells, drought-tolerant landscaping, and a well-designed floor plan that maximizes natural light and integrates tranquil water features.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
Significant Ongoing Maintenance & Operational Costs: The sheer size and luxury features of this 11,500+ SF estate on 14 acres will necessitate substantial ongoing maintenance, staffing, and utility expenses, which could be a considerable financial commitment.
Limited Buyer Pool: The ultra-luxury price point of $7.95 million, combined with the property's extensive scale and specific features, targets a very exclusive and limited segment of the market.
Potential for System/Aesthetic Updates: While well-maintained, as a 1992 build, certain systems or aesthetic elements, despite some updates like the gourmet kitchen and solar, may not meet the cutting-edge expectations of some ultra-luxury buyers, potentially requiring further investment.
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