425 Calle Lippizana, GOLETA, CA 93117, GOLETA, 93117 - 4 bed, 4 bath

425 Calle Lippizana, GOLETA, CA 93117 home-pic-0
ACTIVE$3,695,000$3,382/sqft
Est. Value: $3,695,000
%
FairlyEstimate
425 Calle Lippizana, GOLETA, CA 93117
4Beds
4Baths
3,382Sqft
446,054.406Lot

Price Vs. Estimate

The estimated value ($3,695,000) is $0 (0%) lower than the list price ($3,695,000). 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 = 446054, living area = 3382.
Top Cons:
High Association Fees: The annual association fee of $9,000 is substantial and represents a significant ongoing cost of ownership that potential buyers must consider.

Compared to the nearby listings

Price:$3.69M vs avg $1.46M (+$2,235,250)98%
Size:3,382 sqft vs avg 1,345.5 sqft96%
Price/sqft:$1.1K vs avg $75690%

More Insights

Condition: The MLS description explicitly states the home 'has just completed an extensive renovation,' which is strongly supported by the images. The kitchen features modern white shaker cabinets, high-end stainless steel Viking appliances, light stone countertops, and contemporary black fixtures. Bathrooms are spa-like with modern vanities, sleek black fixtures, glass-enclosed showers, and a freestanding tub. Throughout the home, there is consistent light wood flooring, fresh paint, and modern lighting. All components appear new or virtually new, reflecting current quality standards and showing no signs of deferred maintenance.
Year Built
Close
-
List price
$3.69M
Original List price
-
Price/Sqft
$1,093
HOA
$9,000
Days on market
-
Sold On
-
MLS number
25-2422
Home ConditionExcellent
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

Rarely available, this 10 +/- Coastal ranch is located within the gated community of El Capitan Ranch. The Mediterranean style home has just completed an extensive renovation and offers unobstructed panoramic ocean views from most rooms. The Property features a Luxurious Primary Suite compete with a spa style bathroom, an additional primary suite, 2 other bedrooms and a bath. The Gourmet Kitchen with adjacent family room are the hub of the home. All main rooms open to a sundrenched south facing terrace complete with pool and spa. More than enough room to expand the existing avocado orchard. Private beach access to a picture-perfect cove and beach. This ideal ranch is minutes to Sandpiper Golf Course and the adjacent Bacara Ritz Carlton as well as shopping and top ranked schools.

T
Timothy Walsh
Listing Agent
Condition Rating
Excellent

The MLS description explicitly states the home 'has just completed an extensive renovation,' which is strongly supported by the images. The kitchen features modern white shaker cabinets, high-end stainless steel Viking appliances, light stone countertops, and contemporary black fixtures. Bathrooms are spa-like with modern vanities, sleek black fixtures, glass-enclosed showers, and a freestanding tub. Throughout the home, there is consistent light wood flooring, fresh paint, and modern lighting. All components appear new or virtually new, reflecting current quality standards and showing no signs of deferred maintenance.
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 = 446054, living area = 3382.
Exclusive Gated Community & Rarity: This 10-acre coastal ranch is a rarely available offering within the prestigious gated community of El Capitan Ranch, ensuring privacy and exclusivity.
Unobstructed Panoramic Ocean Views: The property boasts breathtaking, unobstructed panoramic ocean views from most rooms, providing a highly desirable and valuable aesthetic.
Extensive Recent Renovation: The Mediterranean-style home has just completed an extensive renovation, offering modern amenities and a move-in ready condition for discerning buyers.
Luxurious Amenities & Outdoor Living: Features include a luxurious primary suite with a spa-style bathroom, an additional primary suite, a gourmet kitchen, and a south-facing terrace with a pool and spa, complemented by private beach access to a picturesque cove.
Expansive Lot & Expansion Potential: The generous 10-acre lot provides ample space, privacy, and the potential to expand the existing avocado orchard, offering both lifestyle and investment opportunities.

Cons

High Association Fees: The annual association fee of $9,000 is substantial and represents a significant ongoing cost of ownership that potential buyers must consider.
Recent Price Adjustment: A recent price reduction from $3,995,000 to $3,695,000 might indicate initial overpricing or a slower market response, potentially raising questions for prospective buyers.
Extensive Property Maintenance: The 10-acre coastal ranch, including an avocado orchard, implies considerable ongoing maintenance and operational costs beyond a typical residential property.
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