
SANTA BARBARA, CA 93108
This Private Spanish-style Estate is a Strong Value Opportunity, listed at $14,000,000—positioned well below the $15,153,438 Fair Market Value by 7%. This valuation gap provides $1,153,438 in Instant Equity. Maintaining an Excellent Condition Rating, the residence features a modern infinity pool, panoramic ocean views, and two detached guest quarters on a secluded 0.91-acre lot. Located in the elite 93108 zip code, it offers a rare blend of turnkey luxury and significant market upside. This compound is ideal for Luxury Owner-Occupants or High-Net-Worth Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 Santa Rosa Lane Subject | $14,000,000* List Price | 5 | 6 | 3,108 | $4,876 | - |
A 655 El Bosque Road Sold | $12,000,000 | 3 | 4 | 2,696 | $4,451 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite its 1977 build date, the property has undergone extensive high-end renovations that place it in the excellent category. The kitchen is equipped with professional-grade stainless steel appliances, custom cabinetry, and premium countertops. The bathrooms have been fully modernized with high-quality stone tiling, glass-enclosed showers, and contemporary fixtures. The overall condition is pristine with vaulted wood-beamed ceilings, updated hardwood flooring, and a modern infinity pool, showing no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39639, living area = 3108.
The estate is positioned to capture sweeping mountain and ocean vistas on nearly an acre of secluded, beautifully landscaped grounds, offering a rare level of privacy in a prime location.
Beyond the main residence, the property includes two separate one-bedroom guest quarters, providing exceptional flexibility for multi-generational living, staff, or high-end guest accommodations.
At a $14 million valuation for approximately 3,108 square feet, the property commands a significant premium that may be difficult to justify for buyers prioritizing interior living space over land and views.
Built in 1977, the residence may require substantial capital investment to update its systems and finishes to meet the contemporary standards expected at this ultra-luxury price point.
Set against sweeping mountain and ocean-view vistas, this extremely private Spanish-style estate offers timeless architecture, compound-style living, and exceptional indoor-outdoor flow across approximately 0.91 acres of beautifully landscaped grounds. The main residence offers 3 bedrooms and 3.5 bathrooms, plus a large office, blending classic character with a functional layout designed for both everyday comfort and effortless entertaining. Vaulted ceilings, French doors, and warm architectural detailing create a seamless connection between the interior spaces and multiple terraces, an infinity pool, courtyards, and outdoor gathering areas. Two fireplaces anchor the living areas, enhancing the home's relaxed coastal ambiance. The grounds are complemented by two separate one-bedroom, one-bath guest quarters--ideal for extended family, guests, or staff. The kitchen serves as the heart of the home with generous cabinetry, island seating, and direct access to adjacent living spaces and outdoor entertaining zones. Bedroom suites offer privacy and flexibility, including a spacious primary retreat featuring outdoor access, dressing and storage areas, and a spa-like bath with dual vanities, a soaking tub, and a walk-in shower. Outdoor amenities define the lifestyle: a pool and spa terrace, covered loggia, tiered gardens, lawn areas, fountains, and multiple seating areas framed by mature landscaping and panoramic views. Detached structures and a generous motor court further enhance versatility and usability. A rare opportunity to enjoy classic Santa Barbara living in a serene and private compound setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 6.0 | 4.0 | 81% |
| Square foot | 3,108 | 3,601 | 42% |
| Lot Size | - | 40,075.199 | 11% |
| Price | $14.00M | $5.31M | 97% |
| Price per sq ft | $4.5K | $1.7K | 98% |
| Built year | 1977 | 1980 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 238 | 2% |
Mar 17, 2026
$14,000,000
Initial Listing