
SANTA BARBARA, CA 93110
This Contemporary Ocean-View Estate is listed at $20,000,000, representing a stable acquisition perfectly aligned with its $20,000,000 Fair Market Value. Boasting a Mint Condition Rating following extensive modernizations, the 11,770-square-foot residence features a high-end chef's kitchen and a dramatic mahogany library. Set on 2.46 acres in the prestigious Hope Ranch enclave, the property offers a private resort experience with a pool, tennis court, and gated beach access. This turnkey sanctuary is the ultimate retreat for Ultra-High-Net-Worth Individuals or Discerning Luxury Buyers seeking coastal privacy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4265 Cresta Avenue Subject | $20,000,000* List Price | 6 | 9 | 11,770 | $1,699 | - |
A 4160 La Ladera Road Active | $17,950,000 List Price | 6 | 8 | 11,394 | $1,575 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the estate has been extensively renovated and modernized within the last 5 years. It features a high-end chef's kitchen with a La Cornue range and zinc-wrapped island, updated smart home systems (Nest, Sonos, Advantage lighting), and is in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 107157, living area = 11770.
Located on a 2.46-acre ocean-view lot in one of Santa Barbara's most exclusive enclaves, offering residents private gated beach access, equestrian trails, and 24-hour community patrol.
Originally designed by renowned architect Barry Berkus and extensively renovated, the estate features high-end finishes like a La Cornue range, zinc-wrapped island, and a dramatic two-story mahogany library.
The property commands high ongoing expenses, including a $3,324 association fee and significant maintenance requirements for the 11,770-square-foot structure and expansive 2.46-acre grounds.
Having previously sold for $8.2 million in 2020, the current $20 million asking price represents a massive appreciation that may challenge appraisal values despite the extensive renovations.
An ocean view estate where timeless elegance meets the beauty of California's coast, set on 2.46 acres in one of Hope Ranch's most prestigious locations. Originally designed by renowned architect Barry Berkus, this breathtaking contemporary residence has been extensively renovated and thoughtfully modernized. The exterior façade features stone finishes, antique wood pillar columns, and custom glass doors that frame sweeping views of the Pacific the moment you arrive. Inside, light and space flow effortlessly throughout the open layout, connecting the family room, kitchen, and dining room for easy living and memorable entertaining. The chef's kitchen is a true showpiece--anchored by a 16' x 6.5' zinc-wrapped island and appointed with a La Cornue range, Sub-Zero refrigeration, three ovens, three sinks, and a walk-in pantry. A pass-through window opens to the ocean view terrace with dual barbecue stations and a covered dining area. Elegant architectural details, arched passages, sliding wrought-iron and glass barn doors, and folding glass walls, enhance the home's seamless connection to its surroundings. The main level also showcases a dramatic two-story mahogany library with an office and ocean view terrace, a one bedroom one bath guest suite, as well as the primary suite. The primary bedroom opens to a private patio with a spa, outdoor shower, and features a Venetian plaster fireplace + sitting area, and two walk-in closets. An intimate sanctuary for refined coastal living. Upstairs, three ensuite bedrooms each enjoy their own Juliet balconies with ocean views, complemented by a flexible space for a play area or upstairs den. The finished lower level extends the home's luxurious appeal, featuring a theater, wine cellar and tasting space, gym, and full bath. Outdoors, the property unfolds in layers of leisure and beauty: a sparkling pool with lounge seating, two spas, an infinity-edge fountain, and resurfaced tennis court with basketball hoops, all surrounded by artfully designed landscaping and elegant lighting that highlight the estate's natural setting. Smart home integration includes Sonos audio, Nest climate systems, Advantage lighting, and a state-of-the-art security suite. Two 2-car garages and an additional climate-controlled flex garage space complete the offering. As the day comes to a close, the estate is bathed in majestic sunset light casting deep golden tones across the gardens, terraces, and ocean beyond. It's a daily spectacle that transforms the property into something almost ethereal, where the meeting of sky and sea mirrors the home's perfect balance of timeless beauty and modern luxury. This extraordinary estate embodies the best of Santa Barbara's coastal living. As part of the exclusive Hope Ranch community, residents enjoy access to miles of equestrian trails, gated beach access with picnic areas, a playground, and surfboard storage, and 24-hour community patrol. Move right in and live the dream.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 9.0 | 0.0 |
| Square foot | 11,770 | - |
| Lot Size | 107,157 | - |
| Price | $20.00M | $2.43M |
| Price per sq ft | $1.7K | $1.3K |
| Built year | 2003 | 0 |
| HOA | $3324 | $0 |
| Days on market | 282 | 60 |
Oct 14, 2025
$20,000,000
Initial Listing
Aug 28, 2020
$8,200,000
Public Record