4145 Creciente Drive, Santa Barbara, CA 93110, Santa Barbara, 93110 - 7 bed, 12 bath

4145 Creciente Drive, Santa Barbara, CA 93110 home-pic-0
ACTIVE$59,950,000$11,764/sqft
4145 Creciente Drive, Santa Barbara, CA 93110
7Beds
12Baths
11,764Sqft
164,657Lot

Price Vs. Estimate

Estimation data not available

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 = 164657, living area = 11764.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.

Compared to the nearby listings

Price:$59.95M vs avg $2.05M (+$57,900,000)97%
Size:11,764 sqft vs avg 1,426 sqft97%
Price/sqft:$5.1K vs avg $85197%

More Insights

Condition: This property has been masterfully and fully transformed with the finest materials and select finishes, as explicitly stated in the description. The images confirm a recent, high-end renovation throughout. The kitchen features state-of-the-art Miele appliances, modern cabinetry, and stone countertops. Bathrooms are spa-inspired with contemporary fixtures, soaking tubs, glass showers, and intricate tiling. All flooring is high-quality hardwood or stone, light fixtures are modern, and the overall aesthetic is current and luxurious. There is no visible deferred maintenance or physical depreciation, aligning perfectly with the 'excellent' condition criteria for a recently renovated property.
Year Built
Close
-
List price
$59.95M
Original List price
-
Price/Sqft
$5,096
HOA
$250
Days on market
-
Sold On
-
MLS number
25537769
Home ConditionExcellent
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

Relish an elevated, casual lifestyle from this exquisite four-acre bluff and its fully transformed, resort-inspired estate promising boundless views of ocean and coast. Masterfully renovated with the finest materials and select finishes, this remarkable residence is a chic, sprawling haven for all ages, complete with three dedicated observation areas, park-like playground, and steps down to a private beach. Gated and concealed from the street, the private grounds include a large motor court with an abundance of parking, meandering pathways, and sprawling lawns. Double glass-paned steel front doors open to a gallery-style foyer with stone floors and paneled vaulted ceilings as architectural lines converge to frame a preview of what's to come. The vast double-height living room showcases the magnificence of the Pacific through a series of towering, floor-to-ceiling windows aside a travertine fireplace and custom staircase that elegantly swirls to the second level. An adjacent formal dining room is complete with art wall and tray ceiling for added drama and dimension. The family room has pocket doors and a massive picture window to highlight the home's natural setting. The chef's kitchen is equipped with state-of-the-art Miele appliances, beautiful center prep island, farm sink, and ocean-facing breakfast ledge. Nearby, a wet bar seats four and includes a pass-through to the outdoor entertaining spaces. Powder rooms are bespoke and curated. Upstairs is a pajama room, the ocean a centerpiece. The sumptuous primary wing includes a wonderful parlor, coffered ceilings, fireplace, and serene spa-inspired bathroom with dual-sink stone vanity, oversized glass shower, soaking tub, and intricate mosaic wall. There is also a media/gaming room adjacent to the secondary bedrooms, a gym with steam room, a wine cellar, mud room, and large theatre with billiards and card area. Outside, enjoy a premium resort experience with numerous patios, pool, spa, and full-size basketball/tennis court. For the young at heart, a playground is equipped with a sandbox, swings, jungle gym, slide, and in-ground trampoline! There is even an outdoor kitchen equipped with a restaurant-grade pizza oven for serving a large number of guests. Enjoy magical sunsets from the lounging cabana or gather around the fire pit for evening conversations oceanside. Welcome to this idyllic slice of paradise, sited just moments to Santa Barbara's historic downtown, numerous wineries and tasting rooms, country clubs, golf courses, the airport, and the boundless beauty of the California coast.

S
Sally Forster Jones
Listing Agent

Price History

Date
Event
Price
02/02/18
Sold
$11,500,000
Condition Rating
Excellent

This property has been masterfully and fully transformed with the finest materials and select finishes, as explicitly stated in the description. The images confirm a recent, high-end renovation throughout. The kitchen features state-of-the-art Miele appliances, modern cabinetry, and stone countertops. Bathrooms are spa-inspired with contemporary fixtures, soaking tubs, glass showers, and intricate tiling. All flooring is high-quality hardwood or stone, light fixtures are modern, and the overall aesthetic is current and luxurious. There is no visible deferred maintenance or physical depreciation, aligning perfectly with the 'excellent' condition criteria for a recently 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 = 164657, living area = 11764.
Unparalleled Oceanfront Location & Views: Situated on an exquisite four-acre bluff, the estate offers boundless ocean and coast views, including private steps down to a beach, all while being moments from Santa Barbara's downtown and amenities.
Resort-Inspired Luxury Amenities: The property boasts an extensive array of outdoor amenities, including a pool, spa, full-size basketball/tennis court, a comprehensive playground, outdoor kitchen with a restaurant-grade pizza oven, lounging cabana, and fire pit.
Masterfully Renovated & High-End Finishes: The residence has been fully transformed with the finest materials and select finishes, featuring a chef's kitchen equipped with state-of-the-art Miele appliances and bespoke curated powder rooms.
Extensive Indoor Entertainment & Wellness Facilities: Indoor features cater to luxury living with a media/gaming room, gym with a steam room, wine cellar, large theatre with billiards and card area, and a serene spa-inspired primary bathroom.
Exceptional Privacy & Grand Scale: Gated and concealed from the street, the private four-acre grounds encompass a sprawling 11,764 sqft residence with abundant parking, meandering pathways, and expansive lawns, ensuring ultimate seclusion.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
Exorbitant Price Point: The list price of $59,950,000 places this property in an ultra-luxury segment, significantly narrowing the potential buyer pool to an extremely niche market.
High Ongoing Maintenance Costs: A property of this magnitude, with four acres of land and extensive luxury amenities, will demand substantial and continuous financial investment for upkeep and maintenance.
Significant Property Tax Burden: Given the high list price, the annual property taxes will be exceptionally high, representing a considerable ongoing financial commitment for the owner.
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