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
ACTIVE$5,399,000$3,974/sqft
Est. Value: $5,399,000
%
FairlyEstimate
3966 Laguna Blanca Drive, Santa Barbara, CA 93110
5Beds
5Baths
3,974Sqft
46,609Lot

Price Vs. Estimate

The estimated value ($5,399,000) is $0 (0%) lower than the list price ($5,399,000). 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 = 46609, living area = 3974.
Top Cons:
Need for Modernization: Built in 1970, the property, particularly the kitchen, is noted as an 'ideal opportunity for modernization or full redesign,' indicating potential for significant updates to meet contemporary standards.

Compared to the nearby listings

Price:$5.40M vs avg $2.05M (+$3,349,000)83%
Size:3,974 sqft vs avg 1,426 sqft86%
Price/sqft:$1.4K vs avg $85180%

More Insights

Built in 1970 (56 years old).
Condition: Built in 1970, this property is well-maintained but largely original or last updated several decades ago. The kitchen features highly dated tiled countertops, older white appliances, and an outdated fluorescent light panel, explicitly noted in the description as needing modernization. Most bathrooms also exhibit dated tiled countertops, older vanities, and fixtures. While the home is functional and clean, its key components, particularly the kitchen and bathrooms, show significant signs of being outdated and require substantial renovation to meet current aesthetic and functional standards.
Year Built
1970
Close
-
List price
$5.4M
Original List price
-
Price/Sqft
$1,359
HOA
$3,100
Days on market
-
Sold On
-
MLS number
SR25043118
Home ConditionFair
Features
Good View:
Deck
Pool
Spa
Patio
View-

About this home

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.

A
Anca Horovitz
Listing Agent
Condition Rating
Fair

Built in 1970, this property is well-maintained but largely original or last updated several decades ago. The kitchen features highly dated tiled countertops, older white appliances, and an outdated fluorescent light panel, explicitly noted in the description as needing modernization. Most bathrooms also exhibit dated tiled countertops, older vanities, and fixtures. While the home is functional and clean, its key components, particularly the kitchen and bathrooms, show significant signs of being outdated and require substantial renovation to meet current aesthetic and functional standards.
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 = 46609, living area = 3974.
Exclusive Location & Community Amenities: Located in the prestigious Hope Ranch, residents benefit from unparalleled privacy, 22 miles of equestrian/walking trails, a private beach with lifeguards, tennis courts, and 24-hour neighborhood security.
Generous Lot Size & Privacy: Privately set on just over an acre of lush, mature landscaping, the property offers a secluded retreat with ample space and potential for expansion.
Timeless Architectural Charm: A classic Spanish-style residence built in 1970, featuring authentic craftsmanship, vaulted wood-beamed ceilings, and arched openings that exude Santa Barbara charm.
Exceptional Customization Potential: Described as a 'perfect canvas' in good condition, the home offers an ideal opportunity for modernization, full redesign, and personalization to suit a new owner's vision.
Private Outdoor Oasis: The exterior boasts a sparkling pool and spa, surrounded by patios, shaded sitting areas, and established gardens, creating a private and inviting outdoor living space.

Cons

Need for Modernization: Built in 1970, the property, particularly the kitchen, is noted as an 'ideal opportunity for modernization or full redesign,' indicating potential for significant updates to meet contemporary standards.
Limited Specific Views: While offering 'serene garden and hillside views,' the description does not highlight panoramic ocean or city views, which are often highly sought after in this exclusive coastal area.
Significant Association Fees: The property is subject to an association fee of $3100, representing a substantial recurring cost for the homeowner.
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