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

4265 Cresta Avenue, SANTA BARBARA, CA 93110 home-pic-0

4265 Cresta Avenue

SANTA BARBARA, CA 93110

ACTIVE
CONDITION: EXCELLENT
6Beds
9Baths
11,770Sq Ft
107,157Lot Size

Property Price

LIST PRICE$20,000,000
EST. MARKET VALUE
$20,000,000

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

$20,000,000
Based on Realkey algorithm analyzing recent comparable sales in SANTA BARBARA.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4265 Cresta Avenue
Subject
$20,000,000*
List Price
6911,770$1,699-
A
4160 La Ladera Road
Active
$19,750,000
List Price
6811,394$1,7330.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.04.0
87%
Baths9.03.0
97%
Square foot11,7701,996
97%
Lot Size107,1577,405
95%
Price$20.00M$1.82M
97%
Price per sq ft$1.7K$951
95%
Built year20031971
97%
HOA$3324$0
95%
Days on market144192
28%

Pricing History

Listed for Sale

Oct 14, 2025

$20,000,000

Initial Listing

Sold

Aug 28, 2020

$8,200,000

Public Record

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