4116 Creciente Drive, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 5 bed, 5 bath

4116 Creciente Drive, SANTA BARBARA, CA 93110 home-pic-0
ACTIVE$8,950,000$5,155/sqft
Est. Value: $8,730,490
-2%
FairlyEstimate
4116 Creciente Drive, SANTA BARBARA, CA 93110
5Beds
5Baths
5,155Sqft
43,560Lot

Price Vs. Estimate

The estimated value ($8,730,490.31) is $219,509.69 (2%) lower than the list price ($8,950,000). 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 = 43560, living area = 5155.
Top Cons:
High Price Point: The list price of $8.95 million places it in a very exclusive market segment, limiting the potential buyer pool.

Compared to the nearby listings

Price:$8.95M vs avg $2.05M (+$6,900,000)86%
Size:5,155 sqft vs avg 1,426 sqft86%
Price/sqft:$1.7K vs avg $85197%

More Insights

Built in 2000 (26 years old).
Condition: This property, built in 2000, has undergone a 'thorough remodel' and exhibits 'impeccable maintenance,' presenting as a 'no apology home.' The images confirm a high-end, contemporary aesthetic throughout. The kitchen features modern flat-panel cabinetry, premium granite/quartzite countertops, integrated high-end appliances, and stylish lighting. Bathrooms are luxurious with floating vanities, unique vessel sinks, modern fixtures, large walk-in showers with glass enclosures, and freestanding tubs. Hardwood flooring is prevalent and in pristine condition. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
2000
Close
-
List price
$8.95M
Original List price
-
Price/Sqft
$1,736
HOA
$3,107
Days on market
-
Sold On
-
MLS number
25-1731
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-

About this home

Sophisticated Contemporary located on one of the premier streets in Hope Ranch. Gated drive winds past a magnificent Cypress tree which is the centerpiece of the manicured yard. A thorough remodel and impeccable maintenance by the owners presents a no apology home. The 5 BR's (4 ensuite) & open concept floor plan allows for many life style options. Rear yard area features a striking architectural fountain, large entertaining patio & elevated putting green. 3 BR's downstairs are ideal for guests, family or office plus FR. Upstairs is reached either by a beautiful floating staircase or glass elevator. The primary BR suite is here with a large sunny ocean view sitting room plus wet bar and 4th ensuite BR.Amenities too numerous to mention; come see for yourself!

E
Edward Edick
Listing Agent

Price History

Date
Event
Price
06/29/01
Sold
$3,300,000
02/21/18
Sold
$3,897,000
Condition Rating
Excellent

This property, built in 2000, has undergone a 'thorough remodel' and exhibits 'impeccable maintenance,' presenting as a 'no apology home.' The images confirm a high-end, contemporary aesthetic throughout. The kitchen features modern flat-panel cabinetry, premium granite/quartzite countertops, integrated high-end appliances, and stylish lighting. Bathrooms are luxurious with floating vanities, unique vessel sinks, modern fixtures, large walk-in showers with glass enclosures, and freestanding tubs. Hardwood flooring is prevalent and in pristine condition. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
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 = 43560, living area = 5155.
Prime Location: Located on one of the premier streets in the highly desirable Hope Ranch subdivision of Santa Barbara, offering exclusivity and prestige.
Exceptional Condition & Design: A sophisticated contemporary home featuring a thorough remodel and impeccable maintenance, presenting a 'no apology' move-in ready residence.
Luxury Amenities & Features: Boasts a gated drive, architectural fountain, large entertaining patio, elevated putting green, floating staircase, and a glass elevator, enhancing its luxury appeal.
Spacious & Flexible Layout: Offers 5 bedrooms (4 en-suite) and an open-concept floor plan with versatile options, including 3 downstairs bedrooms ideal for guests, family, or office use.
Ocean View Primary Suite: The primary bedroom suite includes a large, sunny ocean view sitting room and a wet bar, providing a luxurious private retreat.

Cons

High Price Point: The list price of $8.95 million places it in a very exclusive market segment, limiting the potential buyer pool.
Significant Association Fee: An association fee of $3,107 (likely annual) adds to the ongoing cost of ownership, which may be a consideration for some buyers.
Absence of Pool/Spa: Despite extensive outdoor entertaining areas, the description does not mention a pool or spa, which is often an expected amenity for luxury properties in this price range and climate.
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