4241 Mariposa Drive, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 4 bed, 5 bath
ACTIVE$9,100,000$4,766/sqft
Est. Value: $9,100,000
%
FairlyEstimate
4241 Mariposa Drive, SANTA BARBARA, CA 93110
4Beds
5Baths
4,766Sqft
124,146Lot
Price Vs. Estimate
The estimated value ($9,100,000) is $0 (0%) lower than the list price ($9,100,000). This property may be overpriced.
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 = 124146, living area = 4766.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Compared to the nearby listings
Price:$9.10M vs avg $2.05M (+$7,050,000)86%
Size:4,766 sqft vs avg 1,426 sqft86%
Price/sqft:$1.9K vs avg $85197%
More Insights
Built in 1940 (86 years old).
Condition: Built in 1940 and owned by the same family for nearly 50 years, this property exhibits classic charm but is largely dated. Visible interiors feature traditional wood paneling, older light fixtures, and a general aesthetic that has not been updated to modern standards. The absence of kitchen and bathroom images strongly suggests these key areas are also outdated and would require significant renovation to meet contemporary expectations. While well-maintained, the property needs minor to moderate updates to its interior finishes and potentially major systems (electrical, plumbing, HVAC) to align with current quality standards.
Year Built
1940
Close
-
List price
$9.1M
Original List price
-
Price/Sqft
$1,909
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3988
Home ConditionFair
Features
Good View:
Pool
Spa
Patio
View-
About this home
In one of Hope Ranch's most coveted enclaves, peacefully set on 2.85 park-like acres, this timeless home features 4 bedrooms, 4.5 baths, w/ separate guest wing, and guest house. Blending classic Santa Barbara charm w/ relaxed ranch-style living, it's been lovingly cared for by the same family for nearly 50 yrs. This classic home built in 1940 offers formal living + dining rooms, den w/ bar, private office, sun-filled patios, pool, BBQ terrace, sweeping lawns, and three-stall stables & paddock. This historic hideaway surrounded by unsurpassed natural beauty w/ Hope Ranch's privately accessed beach and over 20 acres of bridal trails. This is a rare Hope Ranch legacy estate offering space, serenity, and timeless sophistication in one of the most prestigious California coastline communities.
E
Elisabeth Halsted
Listing Agent
Condition Rating
Fair
Built in 1940 and owned by the same family for nearly 50 years, this property exhibits classic charm but is largely dated. Visible interiors feature traditional wood paneling, older light fixtures, and a general aesthetic that has not been updated to modern standards. The absence of kitchen and bathroom images strongly suggests these key areas are also outdated and would require significant renovation to meet contemporary expectations. While well-maintained, the property needs minor to moderate updates to its interior finishes and potentially major systems (electrical, plumbing, HVAC) to align with current quality standards.
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 = 124146, living area = 4766.
Prime Location & Community: Situated in one of Hope Ranch's most coveted enclaves, offering privately accessed beach and over 20 acres of bridal trails within a prestigious California coastline community.
Expansive Estate & Acreage: Set on 2.85 park-like acres with sweeping lawns, providing exceptional space, privacy, and natural beauty.
Comprehensive Luxury Amenities: Features a separate guest wing, guest house, pool, BBQ terrace, three-stall stables & paddock, formal rooms, den with bar, and private office.
Timeless Architectural Charm: A classic 1940-built home blending Santa Barbara charm with relaxed ranch-style living, offering a rare legacy estate with enduring sophistication.
Exceptional Privacy & Serenity: Peacefully set amidst unsurpassed natural beauty, providing a tranquil and secluded environment ideal for a high-end lifestyle.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Age of Property & Potential for Updates: Built in 1940, the home, despite its classic appeal, may require significant investment for modernizing infrastructure (e.g., electrical, plumbing, HVAC) and certain interior finishes to meet contemporary standards.
Potential for Deferred Maintenance: Having been cared for by the same family for nearly 50 years, there's a possibility of deferred maintenance or systems that are original and may need updating or replacement.
High Ongoing Maintenance & Operating Costs: The expansive 2.85-acre lot, multiple structures (main house, guest wing, guest house), pool, and stables will incur substantial ongoing expenses for landscaping, utilities, property taxes, and general upkeep.