4265 Cresta Avenue, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 6 bed, 9 bath

4265 Cresta Avenue
SANTA BARBARA, CA 93110
Property Price
SUMMARY
Analysis of 4265 Cresta Avenue, SANTA BARBARA, CA 93110 reveals a Fairly Priced Property with a current list price of $20,000,000 aligned with the estimated $20,000,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
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 | $19,750,000 List Price | 6 | 8 | 11,394 | $1,733 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation and modernization, transforming the 2003 structure into a high-end 'Modern Hamptons' estate. The kitchen is a showpiece with top-tier La Cornue and Sub-Zero appliances, while the home features contemporary smart systems (Nest, Sonos, Advantage lighting) and premium finishes like Venetian plaster and mahogany. All components and systems appear virtually new, meeting the highest quality standards for a move-in ready luxury residence.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 107157, living area = 11770.
- Prestigious Hope Ranch Lifestyle
Located on a 2.46-acre lot in an exclusive enclave, this estate provides rare access to private gated beaches, miles of equestrian trails, and 24-hour community patrol.
- Architectural Pedigree & Design
Originally designed by Barry Berkus and extensively renovated, the 'Modern Hamptons' aesthetic features high-end finishes like a La Cornue range, zinc-wrapped island, and seamless indoor-outdoor flow.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The association fee of $3,324, combined with the maintenance of an 11,770 sqft residence and nearly 2.5 acres of landscaped grounds, represents significant ongoing operational expenses.
- Aggressive Market Appreciation
With a previous sale price of $8.2M in 2020, the current $20M valuation reflects a massive price jump that may face scrutiny regarding appraisal and market absorption.
About 4265 Cresta Avenue
An ocean view estate where timeless elegance meets the beauty of California's coast. Poised on 2.46 acres in one of Hope Ranch's most prestigious locations, this Modern Hamptons Style residence blends classic sophistication with contemporary design. Originally designed by renowned architect, Barry Berkus, the estate 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 lightcasting 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 107,157 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 9 (9 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $3324 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 87% |
| Baths | 9.0 | 3.0 | 97% |
| Square foot | 11,770 | 1,996 | 97% |
| Lot Size | 107,157 | 7,405 | 95% |
| Price | $20.00M | $1.82M | 97% |
| Price per sq ft | $1.7K | $951 | 95% |
| Built year | 2003 | 1971 | 97% |
| HOA | $3324 | $0 | 95% |
| Days on market | 144 | 192 | 28% |
Pricing History
Listed for Sale
Oct 14, 2025
$20,000,000
Initial Listing
Sold
Aug 28, 2020
$8,200,000
Public Record














































