4295 Marina Drive, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 5 bed, 6 bath
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SANTA BARBARA, CA 93110
Analysis of 4295 Marina Drive, SANTA BARBARA, CA 93110 reveals a Fairly Priced Property with a current list price of $19,995,000 aligned with the estimated $19,995,000 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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4295 Marina Drive Subject | $19,995,000* List Price | 5 | 6 | 3,380 | $5,916 | - |
A 4200 Marina Drive Active | $19,975,000 List Price | 6 | 6 | 4,240 | $4,711 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1953, this property has clearly undergone extensive and high-quality renovations, bringing it to an excellent, move-in ready condition. The kitchen features modern white shaker-style cabinetry, dark countertops, and contemporary stainless steel appliances, including a built-in microwave and range, all appearing virtually new. The bathrooms are also impeccably updated; one showcases a stylish vessel sink with a wall-mounted faucet, while another maintains a charming Spanish aesthetic with clean, well-maintained tile work. Throughout the home, the flooring (terracotta tiles, natural fiber rugs, modern wood-look planks) and light fixtures are updated and cohesive with the property's luxurious Spanish-style. The addition of bi-fold doors enhances indoor/outdoor flow, a modern and desirable feature. There is no visible deferred maintenance, and all components meet current quality standards, indicating a recent and thorough renovation.
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.
The property boasts unrivaled and unobstructed views of the Pacific Ocean and Channel Islands, complemented by rare private beach access, offering an exclusive coastal living experience.
Situated in the esteemed Hope Ranch community, residents enjoy privileged access to the exclusive Hope Ranch beach and a scenic network of walking and equestrian trails, all moments from Santa Barbara's vibrant heart.
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.
With a list price of nearly $20 million, the property targets a very niche market, significantly limiting the pool of potential buyers.
Built in 1953, while charming, the property's age suggests potential for dated systems (e.g., plumbing, electrical, roof) that may require significant future investment or ongoing maintenance not explicitly mentioned as updated.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 60% |
| Baths | 6.0 | 3.0 | 74% |
| Square foot | 3,380 | 2,615 | 63% |
| Lot Size | 143,748 | 12,632 | 93% |
| Price | $20.00M | $2.23M | 98% |
| Price per sq ft | $5.9K | $1.1K | 98% |
| Built year | 1953 | 1967 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 419 | 202 | 86% |
Feb 27, 2025
$19,995,000
Initial Listing