4116 Creciente Drive, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 5 bed, 5 bath
4116 Creciente Drive
SANTA BARBARA, CA 93110
Property Price
SUMMARY
Analysis of 4116 Creciente Drive, SANTA BARBARA, CA 93110 reveals a Fairly Priced Property with a current list price of $8,950,000 aligned with the estimated $8,730,490 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
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.
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 = 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.
CONSRISKS & DEFICIENCIES
- 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.
About 4116 Creciente Drive
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 43,560 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $3107 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 79% |
| Baths | 5.0 | 3.0 | 82% |
| Square foot | 5,155 | 1,996 | 85% |
| Lot Size | 43,560 | 7,405 | 82% |
| Price | $8.95M | $1.82M | 90% |
| Price per sq ft | $1.7K | $951 | 95% |
| Built year | 2000 | 1971 | 97% |
| HOA | $3107 | $0 | 90% |
| Days on market | 310 | 192 | 69% |
Pricing History
Listed for Sale
May 1, 2025
$8,950,000
Initial Listing
Sold
Feb 21, 2018
$3,897,000
Public Record
Sold
Jun 29, 2001
$3,300,000
Public Record