4099 Creciente Drive, Santa Barbara, CA 93110, Santa Barbara, 93110 - 6 bed, 7 bath
4099 Creciente Drive
Santa Barbara, CA 93110
Property Price
SUMMARY
Analysis of 4099 Creciente Drive, Santa Barbara, CA 93110 reveals a Fairly Priced Property with a current list price of $10,950,000 aligned with the estimated $10,950,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Barbara Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
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.
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 = 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.
CONSRISKS & DEFICIENCIES
- 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.
About 4099 Creciente Drive
Exceptional opportunity in Santa Barbara. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 53,579 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 87% |
| Baths | 7.0 | 3.0 | 87% |
| Square foot | 6,128 | 1,996 | 87% |
| Lot Size | 53,579 | 7,405 | 82% |
| Price | $10.95M | $1.82M | 95% |
| Price per sq ft | $1.8K | $951 | 95% |
| Built year | 1977 | 1971 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 382 | 192 | 74% |
Pricing History
Listed for Sale
Feb 18, 2025
$10,950,000
Initial Listing
Sold
Jul 12, 2017
$5,620,500
Public Record
Sold
Aug 31, 2000
$2,613,000
Public Record