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4295 Marina Drive, Santa Barbara, CA 93110, Santa Barbara, 93110 - 5 bed, 5 bath

4295 Marina Drive, Santa Barbara, CA 93110 home-pic-0
ACTIVE$19,995,000$5,042/sqft
Est. Value: $19,404,842
-2%
FairlyEstimate
4295 Marina Drive, Santa Barbara, CA 93110
5Beds
5Baths
5,042Sqft
144,184Lot

Price Vs. Estimate

The estimated value ($19,404,841.78) is $590,158.22 (2%) 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 = 144184, living area = 5042.
Top Cons:
Potential for Age-Related Maintenance: Built in 1953, the main adobe house, despite updates, may have original systems or structural elements that could require significant future investment.

Compared to the nearby listings

Price:$20.00M vs avg $2.05M (+$17,945,000)97%
Size:5,042 sqft vs avg 1,426 sqft86%
Price/sqft:$4.0K vs avg $85197%

More Insights

Built in 1953 (73 years old).
Condition: Despite being built in 1953, this property has undergone extensive, high-quality renovations that bring it to an excellent condition. The kitchen features high-end, modern stainless steel appliances (Wolf range, integrated refrigerator, modern microwave) and contemporary white shaker cabinets with dark countertops, appearing virtually new. The main living areas boast modern bi-fold doors, stylish light fixtures, and well-maintained terracotta flooring. Bathrooms are either recently updated with modern fixtures or meticulously preserved in a classic Spanish style, showing no signs of wear. The guest casita and home office also display recent, high-quality updates, including modern flooring and fixtures. The overall aesthetic is cohesive, luxurious, and meets current quality standards with no visible deferred maintenance.
Year Built
1953
Close
-
List price
$20M
Original List price
-
Price/Sqft
$3,966
HOA
$3,844
Days on market
-
Sold On
-
MLS number
25606103
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 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.

E
Eric Haskell
Listing Agent
Condition Rating
Excellent
Despite being built in 1953, this property has undergone extensive, high-quality renovations that bring it to an excellent condition. The kitchen features high-end, modern stainless steel appliances (Wolf range, integrated refrigerator, modern microwave) and contemporary white shaker cabinets with dark countertops, appearing virtually new. The main living areas boast modern bi-fold doors, stylish light fixtures, and well-maintained terracotta flooring. Bathrooms are either recently updated with modern fixtures or meticulously preserved in a classic Spanish style, showing no signs of wear. The guest casita and home office also display recent, high-quality updates, including modern flooring and fixtures. The overall aesthetic is cohesive, luxurious, and meets current quality standards with no visible deferred maintenance.
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 = 144184, living area = 5042.
Prime Coastal Location & Unobstructed Views: Direct Pacific Ocean frontage with rare private beach access in the esteemed Hope Ranch, offering unparalleled views of the Channel Islands.
Comprehensive Luxury Amenities: Features a sparkling pool, spa, tennis/sports court, extensive gardens, fruit trees, and a chicken coop, providing a resort-like living experience.
Versatile Multi-Structure Estate: Includes a main Spanish-style adobe house, a dedicated home office, a two-bedroom guest casita, and a one-bedroom pool house/game room, ideal for entertaining and multi-generational living.
Exceptional Privacy & Exclusivity: Ultra-private setting secured by soaring hedges, within the exclusive Hope Ranch community with access to private beach and equestrian trails.
Timeless Elegance with Modern Updates: A legacy estate exuding classic Santa Barbara charm, featuring an updated kitchen and bi-fold doors for seamless indoor/outdoor flow.

Cons

Potential for Age-Related Maintenance: Built in 1953, the main adobe house, despite updates, may have original systems or structural elements that could require significant future investment.
High Ongoing Operating Costs: The extensive amenities, large lot size, and multiple structures necessitate substantial ongoing expenses for maintenance, landscaping, utilities, and a significant association fee ($3,844).
Limited Buyer Pool due to Price & Specificity: The ultra-luxury price point ($19,995,000) and highly specific estate features target a very niche market, potentially extending the sales cycle.
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