
SANTA BARBARA, CA 93103
This Mid-Century Modern Sanctuary is a Strong Value Opportunity, listed at $2,675,000—positioned well below the $2,971,577 Fair Market Value by 9%. This valuation gap offers $296,577 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 3, the residence features panoramic ocean and canyon views, walls of glass, and a high-utilization 18,731 sq ft lot. Located in the prestigious Upper Riviera, the home blends architectural integrity with modern updates. It is an ideal match for Owner-Occupants or Lifestyle Investors seeking immediate equity in a prime coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 Loma Media Road Subject | $2,675,000* List Price | 3 | 2 | 2,160 | $1,376 | - |
A 712 Arbolado Road Pending | $3,325,000 List Price | 3 | 2 | 2,180 | $1,525 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1959, the property has been well-maintained and updated with modern features including cable railings, a contemporary garage door, and updated flooring. The home appears move-in ready with renovations likely falling within the 5-15 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18731, living area = 2160.
The home features classic 1959 design elements including high ceilings, walls of glass, and a single-level open floor plan that maximizes natural light and southwest exposure.
Situated in the prestigious Upper Riviera, the property offers a rare combination of tranquil canyon vistas alongside city, ocean, and island views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2160, other record living area = 2086.
The property is tucked behind a garage and fence, offering minimal street visibility which may deter buyers looking for a traditional or prominent facade.
Built in 1959, the home may require specialized maintenance or updates to its original systems and floor-to-ceiling glass to meet modern efficiency standards.
Mid Century Modern home on the upper Riviera. This 2160 sq ft single level home is tucked back off the street creating a very private & tranquil space. Nature lover's paradise! This rare find enjoys peaceful canyon views plus some city, ocean, island & Sunset views. Level driveway, yards & large view decks. Charming home in great condition. High ceilings & walls of glass taking advantage of sunny southwest exposure. Great room floor plan with family/dining room open to kitchen & into LR. Fabulous for entertaining. Nearly 400 sq ft en suite primary bedroom. Two car plus finished garage w/easy access to house. Not a drive by as all you see is the garage and front yard fence. A Must See!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,160 | 2,160 | 50% |
| Lot Size | 18,731 | 13,068 | 76% |
| Price | $2.67M | $2.67M | 50% |
| Price per sq ft | $1.2K | $1.6K | 38% |
| Built year | 1959 | 1929 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 220 | 5% |
May 1, 2026
$2,675,000
Initial Listing
Jan 27, 1998
$459,000
Public Record