
Santa Barbara, CA 93110
This High-Potential Hope Ranch Estate is listed at $5,899,000, offering a prestigious acquisition opportunity within Santa Barbara’s most exclusive gated community. With a Fair Market Value of $5,053,417, the pricing reflects the property's elite Prime Golf Course Frontage and massive 1.27-acre lot. Currently holding a Condition Rating of 4, the 4,170 sq.ft. single-level residence features soaring vaulted ceilings and a four-car garage, serving as a premier canvas for a high-end modernization. This asset is perfectly suited for Luxury Visionaries or Owner-Occupants looking to build significant equity through a custom estate transformation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3980 Laguna Blanca Drive Subject | $5,899,000* List Price | 5 | 6 | 4,170 | $1,212 | - |
A 4385 Via Presada Sold | $4,930,000 | 5 | 5 | 4,376 | $1,127 | 0.8 mi |
B 700 Via Hierba Sold | $5,239,000 List Price | 4 | 3 | 2,920 | 0.7 mi | |
C 4385 Via Presada Sold | $4,930,000 | 5 | 5 | 4,376 | $1,127 | 0.8 mi |
D 3966 Laguna Blanca Drive Active | $5,399,000 List Price | 5 | 5 | 3,974 | $1,359 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, the property is well-maintained and functional but significantly outdated. The galley kitchen features dated oak cabinetry, laminate countertops, and an old-fashioned fluorescent drop-ceiling. Throughout the home, features such as popcorn ceilings, vintage light fixtures, and older carpet styles indicate that no major aesthetic renovations have occurred in several decades, though the home remains move-in ready for a buyer willing to modernize.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 55321, living area = 4170.
Residents benefit from elite community amenities including private beach access, 22 miles of equestrian trails, and 24-hour security in one of Santa Barbara's most prestigious enclaves.
Situated on over 1.27 acres of lush grounds, the property offers a serene, park-like setting with expansive views overlooking the La Cumbre Country Club and golf course.
While functional, the 1968 construction features an older galley kitchen and original styling that require a substantial capital investment to meet modern luxury standards.
The expansive 1.27-acre lot and large square footage, combined with a $3,133 association fee, necessitate significant ongoing costs for landscaping and property management.
Nestled in the heart of prestigious Hope Ranch, this expansive single-level residence captures the essence of relaxed California luxury and timeless potential. Resting on over 1.27 acres of lush, park-like grounds framed by mature landscaping, the home enjoys a prime position overlooking the La Cumbre Country Club and golf course, offering peaceful views of rolling greens and surrounding woodlands. Designed for grand yet comfortable living, the 4,170± sq.ft. residence features soaring vaulted ceilings with exposed beams, walls of glass, and multiple fireplaces that create a warm, inviting atmosphere filled with natural light. The open-concept great room and family room flow seamlessly into spacious dining areas—ideal for entertaining. The galley kitchen with an adjoining breakfast nook provides ample workspace and could easily be reimagined into a chef’s dream kitchen. With five bedrooms, six bathrooms, including a separate guest or maid’s quarters, this home offers flexibility for multi-generational living, guest hosting, or future redesign. The primary suite enjoys garden views, generous closets, and a private bath—ready to be refreshed with your personal touch. The interior is in good condition and fully functional, yet it presents a rare opportunity to modernize or reimagine a substantial home in one of Santa Barbara’s most exclusive enclaves. Developers and visionaries will appreciate the solid bones, single-level layout, and generous footprint—ideal for a luxury renovation or contemporary estate transformation. Outdoors, the residence opens to broad patios, shaded sitting areas, and gently sloping grounds—perfect for adding a pool, outdoor kitchen, or additional amenities. The attached four-car garage and generous driveway provide ample parking and convenience. Residents of Hope Ranch enjoy private beach access with lifeguards, lockers, and kayak storage, 22 miles of equestrian and walking trails, tennis courts, and 24-hour neighborhood security—all within minutes of downtown Santa Barbara and the coast. Whether you envision updating this mid-century gem to its original elegance or crafting a world-class modern estate, 3980 Laguna Blanca Drive offers the ideal canvas in a community defined by privacy, prestige, and natural beauty.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 60% |
| Baths | 6.0 | 3.0 | 74% |
| Square foot | 4,170 | 2,615 | 72% |
| Lot Size | 55,321 | 12,632 | 65% |
| Price | $5.90M | $2.23M | 74% |
| Price per sq ft | $1.4K | $1.1K | 84% |
| Built year | 1968 | 1967 | 53% |
| HOA | $3133 | $100 | 70% |
| Days on market | 420 | 202 | 86% |
Feb 26, 2025
$5,899,000
Initial Listing