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4295 Marina Drive, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 5 bed, 6 bath

4295 Marina Drive, SANTA BARBARA, CA 93110 home-pic-0
ACTIVE$19,995,000$3,380/sqft
Est. Value: $19,995,000
%
FairlyEstimate
4295 Marina Drive, SANTA BARBARA, CA 93110
5Beds
6Baths
3,380Sqft
143,748Lot

Price Vs. Estimate

The estimated value ($19,995,000) is $0 (0%) lower than the list price ($19,995,000). 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 = 143748, living area = 3380.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =143748, other record lot size in square feet = 144183. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3380, other record living area = 5042.

Compared to the nearby listings

Price:$20.00M vs avg $2.05M (+$17,945,000)97%
Size:3,380 sqft vs avg 1,426 sqft83%
Price/sqft:$5.9K vs avg $85197%

More Insights

Built in 1953 (73 years old).
Condition: Despite being built in 1953, this estate has undergone extensive and high-quality renovations, bringing it to an excellent, move-in ready condition. The kitchen is explicitly updated with modern white shaker cabinets, dark stone countertops, and high-end stainless steel appliances. Bathrooms are also in pristine condition, featuring either contemporary designs or meticulously maintained classic Spanish elements. The property boasts modern features like bi-fold doors, high-quality flooring (terracotta, hardwood, modern tile), and stylish light fixtures throughout, indicating a comprehensive renovation within recent years. There is no visible deferred maintenance, and all components meet current luxury standards.
Year Built
1953
Close
-
List price
$20M
Original List price
-
Price/Sqft
$5,916
HOA
$3,844
Days on market
-
Sold On
-
MLS number
25-3826
Home ConditionExcellent
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

Privately set against the backdrop of the Pacific Ocean lies 4295 Marina Drive - a legacy estate that exudes the style, charm and understated elegance that define Santa Barbara coastal living. Unrivaled and unobstructed views are coupled with rare private beach access in this Hope Ranch offering. The Spanish-style adobe main house is the definition of quiet luxury - comprising 3 bedrooms, 3 ½ bathrooms, an updated kitchen and bi-fold doors that provide optimal indoor/outdoor flow. The large primary suite is positioned towards the sea, offering staggering views of the Channel Islands. Above an oversized two-car garage, a dedicated home office captures the stunning vistas, providing an inspiring environment for productivity. The compound is further distinguished by a charming two-bedroom guest casita and an inviting one-bedroom pool house/game room, ensuring abundant space for entertaining guests and family alike. Indulge in a wealth of exceptional amenities, including a sparkling pool and spa, as well as a tennis/sports court, a delightful chicken coop, flourishing fruit trees, and exquisitely designed gardens that create an outdoor oasis. Surrounded by soaring hedges on each side, this ultra-private property will appeal to the most discerning of buyers. Situated in the esteemed Hope Ranch community, this residence grants you privileged access to Santa Barbara's finest offerings, including the exclusive Hope Ranch beach and a scenic network of walking and equestrian trails, all mere moments from the vibrant heart of the city. Iconic and timeless, this is a once in a lifetime opportunity to own a cherished piece of the California coastline and an estate for the generations.

A
Amanda Lee
Listing Agent
Condition Rating
Excellent
Despite being built in 1953, this estate has undergone extensive and high-quality renovations, bringing it to an excellent, move-in ready condition. The kitchen is explicitly updated with modern white shaker cabinets, dark stone countertops, and high-end stainless steel appliances. Bathrooms are also in pristine condition, featuring either contemporary designs or meticulously maintained classic Spanish elements. The property boasts modern features like bi-fold doors, high-quality flooring (terracotta, hardwood, modern tile), and stylish light fixtures throughout, indicating a comprehensive renovation within recent years. There is no visible deferred maintenance, and all components meet current luxury standards.
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 = 143748, living area = 3380.
Oceanfront Location & Private Beach Access: The property offers unrivaled and unobstructed ocean views, coupled with rare private beach access, a highly coveted feature for a coastal estate.
Prestigious Hope Ranch Community: Situated in the esteemed Hope Ranch community, granting privileged access to exclusive community amenities like beaches and equestrian trails, enhancing desirability and value.
Extensive Luxury Amenities: Features a sparkling pool and spa, tennis/sports court, a two-bedroom guest casita, a one-bedroom pool house/game room, and a dedicated home office, providing a comprehensive luxury lifestyle.
Exceptional Privacy: Privately set and surrounded by soaring hedges, this ultra-private property ensures seclusion and exclusivity, appealing to the most discerning buyers.
Timeless Architectural Charm with Modern Updates: The Spanish-style adobe main house boasts an updated kitchen and bi-fold doors, seamlessly blending classic elegance with contemporary indoor/outdoor living.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =143748, other record lot size in square feet = 144183. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3380, other record living area = 5042.
Age of Original Construction: While the kitchen is updated, the main house's original construction year of 1953 may suggest potential for older underlying infrastructure (e.g., plumbing, electrical, HVAC) that could require future investment.
Significant Ongoing Maintenance Costs: The expansive lot, extensive luxury amenities (pool, spa, tennis court, multiple structures, elaborate gardens), and overall scale of the estate will necessitate substantial ongoing maintenance efforts and associated expenses.
High Price Point & Niche Market: The nearly $20 million asking price, combined with a significant association fee, positions this property for an extremely exclusive buyer pool, potentially leading to a longer market time.
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