3966 Laguna Blanca Drive, Santa Barbara, CA 93110, Santa Barbara, 93110 - 5 bed, 5 bath

3966 Laguna Blanca Drive, Santa Barbara, CA 93110 home-pic-0

3966 Laguna Blanca Drive

Santa Barbara, CA 93110

ACTIVE
CONDITION: FAIR
5Beds
5Baths
3,974Sq Ft
46,609Lot Size

Property Price

LIST PRICE$5,399,000
EST. MARKET VALUE
$5,399,000

SUMMARY

Estimated Market Value

$5,399,000
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3966 Laguna Blanca Drive
Subject
$5,399,000*
List Price
553,974$1,359-
A
3980 Laguna Blanca Drive
Active
$5,899,000
List Price
564,170$1,4150.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1970, this estate is well-maintained but remains largely in its original condition. The kitchen and bathrooms are significantly outdated, featuring 1970s-era tile countertops, fluorescent ceiling light panels, and older appliances. While the home is clean and functional, the presence of wall-to-wall carpeting and vintage fixtures throughout indicates a need for a comprehensive cosmetic modernization to meet current luxury standards.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 46609, living area = 3974.

  • Exclusive Hope Ranch Lifestyle

    Residents enjoy elite community amenities including a private beach with kayak storage, 22 miles of equestrian trails, and 24-hour neighborhood security.

  • Significant Expansion Potential

    Set on over an acre of gently sloping land, the property provides ample space for a guesthouse, ADU, or expanded outdoor entertainment areas.

CONSRISKS & DEFICIENCIES

  • Modernization Required

    Built in 1970, the home retains many original finishes and requires a comprehensive renovation of the kitchen and bathrooms to meet current luxury standards.

  • High Carrying Costs

    The property involves a significant association fee and high ongoing maintenance expenses for the expansive grounds and pool facilities.

  • Aging Infrastructure

    Given the home's age, buyers should expect the need for potential upgrades to core systems such as plumbing, electrical, or HVAC during the remodeling process.

About 3966 Laguna Blanca Drive

Welcome to 3966 Laguna Blanca Drive, a rare opportunity to own a classic Hope Ranch estate that blends timeless Santa Barbara charm with exceptional potential. Privately set on just over an acre of lush, mature landscaping, this Spanish-style residence offers nearly 4,000 square feet of light-filled living space with serene garden and hillside views. Built in 1970, the home combines authentic craftsmanship with the relaxed sophistication that defines Hope Ranch living. Vaulted wood-beamed ceilings, arched openings, and natural light create an inviting sense of warmth and space. The living room features a striking fireplace and opens to the outdoor terrace, while the formal dining room overlooks the pool and gardens. The kitchen and breakfast nook serve as the homes comfortable hub and offer an ideal opportunity for modernization or full redesign. The residence includes five bedrooms and four and a half baths, thoughtfully designed for privacy and easy flow. The primary suite enjoys vaulted ceilings, a generous en-suite bath, and views of the surrounding landscape. Several guest bedrooms open directly to the outdoors, creating flexibility for multi-generational living, guest quarters, or work-from-home setups. Throughout the interior, original details and quality construction offer a strong foundation for personalization and updates. Outside, the property feels like a private retreat. A sparkling pool and spa are surrounded by patios, shaded sitting areas, and established gardens. The gently sloping lot allows room for potential expansion, such as a guesthouse, ADU, or enhanced outdoor living spaces. A three-car attached garage and broad motor court add convenience and ample parking. In good condition and ready for a new vision, this home provides the perfect canvaswhether refreshed in its current style or transformed into a contemporary showpiece. Hope Ranch offers a rare combination of privacy, prestige, and natural beauty. Residents enjoy 22 miles of equestrian and walking trails, a private beach with lifeguards and kayak storage, tennis courts, and 24-hour neighborhood securityall just minutes from La Cumbre Country Club, downtown Santa Barbara, and the coast. 3966 Laguna Blanca Drive is more than a homeits an opportunity to create a lasting estate in one of Californias most exclusive coastal communities, where the timeless beauty of Spanish architecture meets the enduring elegance of Hope Ranch living.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1970
Lot Size
46,609 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$3100 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
79%
Baths5.03.0
82%
Square foot3,9741,996
85%
Lot Size46,6097,405
82%
Price$5.40M$1.82M
85%
Price per sq ft$1.4K$951
87%
Built year19701971
49%
HOA$3100$0
90%
Days on market374192
74%

Pricing History

Listed for Sale

Feb 26, 2025

$5,399,000

Initial Listing

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