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

4265 Cresta Avenue, SANTA BARBARA, CA 93110 home-pic-0
ACTIVE$20,000,000$11,770/sqft
Est. Value: $20,000,000
%
FairlyEstimate
4265 Cresta Avenue, SANTA BARBARA, CA 93110
6Beds
9Baths
11,770Sqft
107,157Lot

Price Vs. Estimate

The estimated value ($20,000,000) is $0 (0%) lower than the list price ($20,000,000). 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 = 107157, living area = 11770.
Top Cons:
High Price Point & Niche Market: The $20 million listing price positions the property in an ultra-luxury segment, inherently limiting the potential buyer pool to a very specific, affluent demographic.

Compared to the nearby listings

Price:$20.00M vs avg $2.05M (+$17,950,000)97%
Size:11,770 sqft vs avg 1,426 sqft97%
Price/sqft:$1.7K vs avg $85197%

More Insights

Built in 2003 (23 years old).
Condition: This estate, built in 2003, has undergone an extensive and thoughtful modernization, bringing it to a virtually new condition. The chef's kitchen is a showpiece with top-tier appliances like a La Cornue range and Sub-Zero refrigeration, a large zinc-wrapped island, and modern finishes. All bathrooms are luxuriously updated with contemporary fixtures, high-quality materials, and pristine conditions. The property features dark hardwood flooring throughout, modern light fixtures, smart home integration with Nest climate systems and Sonos audio, and state-of-the-art security. The overall aesthetic is a blend of classic sophistication and contemporary design, with no visible signs of wear, tear, or deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently renovated property.
Year Built
2003
Close
-
List price
$20M
Original List price
-
Price/Sqft
$1,699
HOA
$3,324
Days on market
-
Sold On
-
MLS number
25-3820
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

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.

C
Carmen Galzerano
Listing Agent

Price History

Date
Event
Price
08/28/20
Sold
$8,200,000
Condition Rating
Excellent

This estate, built in 2003, has undergone an extensive and thoughtful modernization, bringing it to a virtually new condition. The chef's kitchen is a showpiece with top-tier appliances like a La Cornue range and Sub-Zero refrigeration, a large zinc-wrapped island, and modern finishes. All bathrooms are luxuriously updated with contemporary fixtures, high-quality materials, and pristine conditions. The property features dark hardwood flooring throughout, modern light fixtures, smart home integration with Nest climate systems and Sonos audio, and state-of-the-art security. The overall aesthetic is a blend of classic sophistication and contemporary design, with no visible signs of wear, tear, or deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently renovated property.
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 = 107157, living area = 11770.
Prestigious Location & Ocean Views: Situated on 2.46 acres in Hope Ranch, one of Santa Barbara's most exclusive communities, the estate offers sweeping Pacific Ocean views from multiple vantage points and balconies.
Extensive Luxury Amenities: The property boasts a gourmet chef's kitchen with high-end appliances (La Cornue, Sub-Zero), a two-story mahogany library, home theater, wine cellar, gym, pool, two spas, and a resurfaced tennis court with basketball hoops.
Architectural Pedigree & Modern Renovation: Originally designed by renowned architect Barry Berkus, the residence has been extensively renovated and modernized, blending classic Hamptons style with contemporary design and high-end finishes.
Spacious & Flexible Living: With 11,770 sqft, 6 beds, 9 baths, an open layout, a dedicated guest suite, flexible upstairs space, and a finished lower level, the home offers expansive and adaptable living areas.
Exclusive Community Benefits: As part of the Hope Ranch community, residents enjoy access to equestrian trails, gated beach access with amenities, and 24-hour community patrol, enhancing lifestyle and security.

Cons

High Price Point & Niche Market: The $20 million listing price positions the property in an ultra-luxury segment, inherently limiting the potential buyer pool to a very specific, affluent demographic.
Significant Ongoing Maintenance & Operating Costs: A 2.46-acre estate with 11,770 sqft, numerous luxury amenities, extensive landscaping, and an association fee of $3324 will incur substantial ongoing maintenance, utility, and HOA expenses.
Specific Architectural Style: While beautifully executed, the 'Modern Hamptons Style' and extensive customization, including specific high-end finishes, might appeal to a particular taste, potentially requiring further personalization for some ultra-luxury buyers.
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