4099 Creciente Drive, Santa Barbara, CA 93110, Santa Barbara, 93110 - 6 bed, 7 bath

4099 Creciente Drive, Santa Barbara, CA 93110 home-pic-0
ACTIVE$10,950,000$6,128/sqft
Est. Value: $10,950,000
%
FairlyEstimate
4099 Creciente Drive, Santa Barbara, CA 93110
6Beds
7Baths
6,128Sqft
53,579Lot

Price Vs. Estimate

The estimated value ($10,950,000) is $0 (0%) lower than the list price ($10,950,000). 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 = 53579, living area = 6128.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 6128, other record living area = 4396. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.

Compared to the nearby listings

Price:$10.95M vs avg $2.05M (+$8,900,000)91%
Size:6,128 sqft vs avg 1,426 sqft86%
Price/sqft:$1.8K vs avg $85197%

More Insights

Built in 1977 (49 years old).
Condition: Built in 1977, this property has clearly undergone significant updates and is exceptionally well-maintained. The kitchen features stainless steel appliances, granite countertops, and light wood cabinetry, which are functional and in good condition, though the style suggests a renovation likely 10-20 years ago rather than brand new. Bathrooms also show good quality materials like travertine-style tiling, dual vanities, and jetted tubs, appearing clean and well-kept, but again, the aesthetic leans towards a more classic or transitional style from a previous renovation. The property is move-in ready with no immediate renovation required, and major systems appear functional. While not 'excellent' due to the age of the most recent renovations (likely 10-20 years ago rather than within the last 5), it is certainly in 'good' condition.
Year Built
1977
Close
-
List price
$10.95M
Original List price
-
Price/Sqft
$1,787
HOA
$0
Days on market
-
Sold On
-
MLS number
25545255
Home ConditionGood
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

C
Craig McCosker
Listing Agent

Price History

Date
Event
Price
08/31/00
Sold
$2,613,000
07/12/17
Sold
$5,620,500
Condition Rating
Good

Built in 1977, this property has clearly undergone significant updates and is exceptionally well-maintained. The kitchen features stainless steel appliances, granite countertops, and light wood cabinetry, which are functional and in good condition, though the style suggests a renovation likely 10-20 years ago rather than brand new. Bathrooms also show good quality materials like travertine-style tiling, dual vanities, and jetted tubs, appearing clean and well-kept, but again, the aesthetic leans towards a more classic or transitional style from a previous renovation. The property is move-in ready with no immediate renovation required, and major systems appear functional. While not 'excellent' due to the age of the most recent renovations (likely 10-20 years ago rather than within the last 5), it is certainly in 'good' condition.
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 = 53579, living area = 6128.
Prime Location: Situated in the highly desirable and prestigious Santa Barbara, CA 93110 area, offering an exclusive lifestyle and strong market appeal.
Expansive Living Space: A substantial residence boasting 6,128 square feet with 6 bedrooms and 7 bathrooms, providing ample room for luxury living and entertaining.
Generous Lot Size: The property sits on a significant 53,579 square foot lot (over 1.2 acres), offering considerable outdoor space, privacy, and potential for extensive landscaping or additional amenities.
No Homeowners Association Fees: The absence of HOA fees is a notable advantage, reducing ongoing ownership costs and providing greater flexibility for the homeowner.
Strong Appreciation History: The property has demonstrated substantial value growth over its sales history, indicating a robust investment potential within a consistently desirable market.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 6128, other record living area = 4396. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
High Price Point: The $10.95 million list price targets a very exclusive and limited buyer pool, which could potentially lead to a longer market time.
Property Age & Potential for Updates: Built in 1977, the property may require significant modernization or renovations to align with current luxury design trends and technological expectations, incurring additional costs for the buyer.
Sparse Feature Details: The listing lacks specific descriptions of luxury amenities, interior finishes, or unique selling points (e.g., views, pool, smart home features) crucial for attracting discerning buyers at this price point.
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