
Santa Barbara, CA 93108
Analysis of 420 Toro Canyon Road, Santa Barbara, CA 93108 is currently available with a list price of $10,875,000. 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.
Property is new construction or fully renovated.
Although built in 2004, the property qualifies as Excellent due to recent 'new mechanical and exterior upgrades' and a high-end gourmet kitchen featuring modern Calacatta marble and premium Viking/Sub-Zero appliances. The home is in mint, move-in ready condition with updated systems including Sonos whole-house audio.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 80150, living area = 6337.
The estate commands breathtaking, unobstructed views of the Pacific Ocean, Channel Islands, and Santa Ynez Mountains, representing the pinnacle of Santa Barbara's luxury coastal lifestyle.
A detached two-bedroom, two-bathroom guest house provides exceptional flexibility for hosting long-term visitors, housing staff, or creating a private multi-generational living environment.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 4.
The current listing price reflects a substantial increase from its 2023 sale price of $8.95M, which may require aggressive market justification to satisfy discerning high-net-worth buyers.
The scale of the 1.84-acre grounds combined with the extensive square footage and complex mechanical systems necessitates a high level of ongoing maintenance and management costs.
Timeless Mediterranean estate set on approximately 1.84 +/- acres with sweeping ocean, island and mountain views. The 6,337 +/- sq-ft main villa artfully blends classic craftsmanship and modern systems, featuring groin-vaulted ceilings, arched entries, expansive walls of glass, and premium stone and wood finishes throughout. The gourmet kitchen is appointed with top-tier Viking and Sub-Zero appliances, Calacatta marble counters, dual walk-in pantries and a dedicated butler's pantry; an adjacent bar and wine cellar enhance entertaining. Relax or host on the covered loggia with fireplace or on the broad terraces overlooking the pool, spa, and manicured lawns. The main-level primary suite showcases panoramic ocean views, a luxurious bath and dual walk-in closets. Additional highlights include multiple living areas, a dedicated office, Sonos whole-house audio, new mechanical and exterior upgrades, a four-car garage with workshop and a detached two-bedroom, two-bath guest house for private visitor or staff accommodations. With lush, low-maintenance landscaping, gated privacy and move-in ready finishes, this estate offers an exceptional combination of scale, quality and coastal lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 9.0 | 0.0 |
| Square foot | 6,337 | - |
| Lot Size | 80,150 | - |
| Price | $10.88M | $2.43M |
| Price per sq ft | $1.7K | $1.3K |
| Built year | 2004 | 0 |
| HOA | $0 | $0 |
| Days on market | 43 | 60 |
Jun 9, 2026
$10,875,000
Initial Listing
Jun 7, 2023
$8,950,000
Public Record
Oct 31, 2016
$5,000,000
Public Record