3855 Foothill Road, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 4 bed, 3 bath
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SANTA BARBARA, CA 93110
This Spacious Foothill Residence is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,153,299 Fair Market Value by 7%. This valuation gap offers $158,299 in Instant Equity for incoming buyers. While the property maintains a functional Condition Rating of 4, the expansive 0.49-acre lot with dual access and ocean and mesa views provides significant long-term upside. Modernizing the retro kitchen will further drive forced appreciation in this prime Santa Barbara neighborhood. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3855 Foothill Road Subject | $1,795,000* List Price | 4 | 3 | 1,909 | $1,138 | - |
A 978 Cocopah Drive Active | $2,095,000 List Price | 3 | 2 | 1,691 | $1,239 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this property is well-maintained and functional but shows significant signs of its age. While the bathrooms have been partially upgraded and the home is staged for a move-in ready appearance, the kitchen remains in 'retro' condition with dated cabinetry and finishes. The presence of original parquet flooring, painted wood-paneled walls, and older exterior wood decking indicates that while the home has been cared for, it requires modernization of its primary systems and aesthetic features to meet contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 1909.
Situated on nearly half an acre with rare dual entry from Foothill Road and Sterrett, providing exceptional privacy and flexibility for future development or landscaping.
The 4-bedroom layout includes a dedicated office/den and a private primary suite with its own deck, offering a functional floor plan that caters well to modern work-from-home needs.
The kitchen is in 'retro' condition, which likely requires a significant capital investment to modernize and align with the expectations of today's luxury buyers.
Built in 1961, the home may require updates to original systems or cosmetic refreshes to address the wear and tear typical of a property of this vintage.
Significant Price Adjustment! On nearly half an acre, this cherished family home--loved by the same family for over 60 years--offers space, privacy, and flexibility. Though the property carries a Foothill Road address, the home itself sits below the street in a peaceful setting away from traffic, with additional access from Sterrett. Light-filled interiors include a spacious family room opening to a sunny deck & patio, a living room with fireplace, & a flexible den/office ideal for guests or a workspace. The dining area connects to a functional, compact kitchen with opportunity to update and personalize over time. Upstairs, the primary suite is privately situated offering its own deck & soft Mesa views.Upgraded baths, generous storage, & a versatile layout enhance livability. A finished 2-car garage with attached storage and expansive grounds offer space to garden, gather, or grow--all just minutes from shopping, parks, and schools. A rare opportunity to continue a beloved legacy of over 60 years and create new memories in a home filled with warmth, history, and possibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 1,909 | 2,920 | 34% |
| Lot Size | 21,344 | 22,216 | 45% |
| Price | $1.79M | $3.38M | 34% |
| Price per sq ft | $940 | $1.1K | 34% |
| Built year | 1961 | 1967 | 38% |
| HOA | $0 | $775 | 45% |
| Days on market | 52 | 201 | 3% |
May 17, 2026
$1,795,000
$1,995,000
-10% Price Drop
Initial Listing
Apr 15, 2026
$1,995,000
Initial Listing