
Santa Barbara, CA 93110
This Historic Hope Ranch Estate is a High-Potential Investment Opportunity, listed at $21,950,000—positioned above the $20,028,700 Fair Market Value. While priced for its prestige, the property offers a Turnkey Condition Rating following a meticulous remodel. Featuring nearly three acres of flat, usable land, a professional chef's kitchen, and a private pool and tennis court, this residence provides an unmatched lifestyle. With its storied pedigree and rare acreage, this estate is an ideal acquisition for High-Net-Worth Individuals or Owner-Occupants seeking a legacy property in Santa Barbara.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4225 Mariposa Drive Subject | $21,950,000* List Price | 6 | 11 | 9,662 | $2,073 | - |
A 4265 Cresta Avenue Active | $20,000,000 List Price | 6 | 9 | 11,770 | $1,699 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1939, the property is described as 'genuinely turnkey' following a recent high-end remodel. Visual evidence confirms a modern chef's kitchen with professional appliances, updated designer bathrooms, and contemporary laundry facilities, all maintained in mint condition consistent with a renovation completed within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 125888, living area = 9662.
The property features nearly three acres of entirely flat, usable land in the exclusive Hope Ranch enclave, a highly sought-after and exceptionally rare attribute for the area.
Designed by renowned architects Edwards & Plunkett and formerly home to culinary icon Julia Child and Fess Parker, the estate offers unmatched prestige and storied character.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9662, other record living area = 8821.
The scale of the nearly 10,000-square-foot residence and three acres of manicured grounds, including a pool and tennis court, necessitates significant ongoing upkeep and staffing costs.
In addition to the $21.95M list price, the property carries a substantial association fee and high overhead typical of a historic estate of this magnitude.
Nestled within a serene stretch of Hope Ranch, 4225 Mariposa Drive features meticulous craftsmanship and offers nearly three acres of flat, usable land. A level lawn rolls uninterrupted from the historic, remodeled residence to a tennis court, a pool, rose gardens and a citrus alle, grounds meant to be enjoyed as much as admired. As for the residence, designed in 1934 by celebrated Santa Barbara firm Edwards & Plunkett--architects of the famed Arlington Theatre--the property was commissioned by the family of a prominent Chicago banking scion, who gave the home its timeless moniker, ''Four Oaks,'' inspired by the prominent trees that still grace the property today.Since then, Four Oaks has continued to draw a cadre of legendary Santa Barbara figures, some of whom called it home, others simply captivated by it. Most notably, perhaps, culinary icon Julia Child chose Four Oaks as the location to film her 1980s television series, "Dinner at Julia's." Homeowners have included Fess Parker, the well-known vintner, who played the title character in the "Davy Crockett" and "Daniel Boone" series.Today, the residence is genuinely turnkey: a recent remodel thoughtfully updated the home for modern living without sacrificing the storied character. The six-bedroom, six-bath main residence centers on a large, sun-drenched living room with a covered patio and view of the sprawling grounds. Adjacent to the living room, a wood paneled library offers a space to work from home overlooking the sprawling, green grounds. Through a dining room and butler's pantry, a bright, open chef's kitchen-with double islands and a professional range-opens to a family room on one side and a trellised patio ready for outdoor dining on another. A separate wing includes four bedrooms, four full bathrooms and an exercise room, while upstairs, the primary suite earns its name with a sitting room, two large closets, a spacious bathroom and a covered deck looking out over the gardens, offering a private retreat. A detached guest house rounds out the accommodations at seven bedrooms and nearly 10,000 square feet.Residences where every acre is flat, sunlit, and usable almost never appear in Hope Ranch, and estates Julia Child chose to film a television series? That's exceptionally rare.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.6 |
| Baths | 11.0 | 3.3 |
| Square foot | 9,662 | 2,905.353 |
| Lot Size | 125,888 | 21,805.412 |
| Price | $21.95M | $4.86M |
| Price per sq ft | $2.3K | $1.7K |
| Built year | 1939 | 1958 |
| HOA | $4082 | $3.2K |
| Days on market | 30 | 84 |
Aug 10, 2026
$21,950,000
Initial Listing
Apr 27, 2010
$6,850,000
Public Record