430 Alameda Padre Serra, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 3 bed, 4 bath
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SANTA BARBARA, CA 93103
This Exquisitely Reimagined Riviera Estate is a Prime Investment Opportunity, listed at $3,750,000—positioned well below the $3,935,220 Fair Market Value by 4%. This valuation gap provides $185,220 in Instant Equity. Boasting an Excellent Condition Rating, the residence features panoramic coastal views, a designer kitchen with Wolf appliances, and a private putting green. Located on the coveted Alameda Padre Serra, it offers a turnkey lifestyle with significant financial upside. This is a premier acquisition for Luxury Homeowners or Value-Driven Investors seeking a high-utilization lot in Santa Barbara.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 430 Alameda Padre Serra Subject | $3,500,000* List Price | 3 | 4 | 2,310 | $1,653 | - |
A 1542 Knoll Circle Drive Sold | $3,200,000 | 3 | 2 | 1,797 | $1,781 | 0.3 mi |
B 624 Las Alturas Road Pending | $3,150,000 List Price | 3 | 2 | 2,406 | $1,309 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been recently and exquisitely reimagined with high-end finishes throughout. It features a brand-new roof, windows, and flooring, placing it well within the <5-year renovation window for an Excellent rating. The designer kitchen is equipped with premium Sub-Zero and Wolf appliances, and the bathrooms are fully modernized with contemporary fixtures and marble tiling. All systems and structural elements appear to be in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19900, living area = 2310.
The property offers sweeping, unobstructed panoramic vistas of the Pacific Ocean, Santa Barbara Harbor, and the Channel Islands, providing a quintessential Riviera living experience.
Exquisitely reimagined with premium finishes, including a designer kitchen with Sub-Zero and Wolf appliances, a new roof, and en suite bathrooms for every bedroom.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19900, other record lot size in square feet = 19166. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2310, other record living area = 2102.
With a list price of $3.75 million for 2,310 square feet, the property commands a significant premium that may exceed the budget of buyers seeking more interior space.
While the lot is nearly half an acre, the steep topography typical of the Riviera may limit the amount of flat, usable outdoor space for recreation or future expansion.
Perched along the coveted Riviera on Alameda Padre Serra, this exquisitely reimagined residence showcases sweeping, unobstructed views of the ocean, harbor, city, mountains, and Channel Islands. The 3 bedroom 4 bath layout offers en suite baths in every bedroom, blending privacy with refined comfort. Thoughtfully curated with a new roof, windows, flooring, custom closets, and a designer kitchen featuring Sub Zero refrigeration and Wolf appliances. Effortless indoor outdoor living unfolds to an inviting patio, private putting green, and spa set against a breathtaking coastal backdrop. Just minutes to downtown Santa Barbara, the waterfront, The Santa Barbara Bowl and the iconic Santa Barbara Harbor, this is Riviera living at its finest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 71% |
| Square foot | 2,310 | 2,310 | 50% |
| Lot Size | 19,900 | 13,068 | 76% |
| Price | $3.50M | $2.90M | 67% |
| Price per sq ft | $1.5K | $1.6K | 48% |
| Built year | 1980 | 1929 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 220 | 5% |
May 7, 2026
$3,500,000
$3,750,000
-7% Price Drop
Initial Listing
Apr 20, 2026
$3,750,000
Initial Listing
Aug 17, 2017
$1,750,000
Public Record