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4335 Marina Drive, Santa Barbara, CA 93110, Santa Barbara, 93110 - 5 bed, 6 bath

4335 Marina Drive, Santa Barbara, CA 93110 home-pic-0
ACTIVE$14,995,000$5,265/sqft
4335 Marina Drive, Santa Barbara, CA 93110
5Beds
6Baths
5,265Sqft
111,949Lot

Price Vs. Estimate

Estimation data not available

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 = 111949, living area = 5265.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 5265, other record living area = 4320. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$14.99M vs avg $2.05M (+$12,945,000)97%
Size:5,265 sqft vs avg 1,426 sqft86%
Price/sqft:$2.8K vs avg $85197%

More Insights

Built in 1949 (77 years old).
Condition: The property, built in 1949, is generally well-maintained but shows significant signs of outdated style and finishes in key areas. The kitchen features high-end appliances but traditional dark wood cabinetry and a blue tiled backsplash that appear dated. The primary bathroom is particularly outdated with a blue jetted tub, terracotta-style tiles, and patterned wallpaper, suggesting renovations from 20-30+ years ago. While functional, these areas would require substantial aesthetic updates to meet current market expectations, aligning with the 'Fair' condition criteria.
Year Built
1949
Close
-
List price
$14.99M
Original List price
-
Price/Sqft
$2,848
HOA
$0
Days on market
-
Sold On
-
MLS number
25517767
Home ConditionFair
Features
Excellent View:
Pool
Patio
View-

About this home

Envision your best coastal California life, cultivated from the legacy of this rare, 2.5+ acre bluff front estate. Gracing the Hope Ranch coastline and boasting world-class ocean views, this enchanting property offers exceptional privacy, ample space & amenities, and nearly endless opportunity.Past the front gate, the private driveway meanders through verdant avocado and lemon orchards, opening to breathtaking views as you approach the motor court and main residence. Surrounded by abundant flat, usable acreage and a symphony of lush landscaping, the expansive home and property provide a ready canvas for a true oceanside compound: a 5,200+ square foot main residence with stunning views from nearly every room, a private guest suite, an attached 3-car garage, a spacious patio & pool area, and the potential to incorporate additional structures into this beautiful estate.The two-story home features an inviting central living area with vaulted open-beam ceilings, an enormous fireplace, and massive picture windows framing the timeless vistas. Additional main floor rooms include an office/den, dining area, kitchen & breakfast nook, and 3 guest bedrooms. Upstairs, the secluded and spacious primary suite makes use of the entire upper level, capturing elevated views of the sprawling grassy lawn and the ocean beyond. The attached 1 bed/2 bath guest suite features a full kitchen, a spacious living area, and its own separate entrance.The world may be your oyster, but this special property invites you to discover the treasure of a home that cannot be replicated -- an everyday getaway where you and those you love can rest, relax, & recharge. From the tranquility of your own oceanside botanical oasis, wake up daily to the fresh salt-air breeze, ever-inspiring ocean-&-island panoramas, and the soothing sounds of the waves below. The entire property is a gardener's paradise, filled with various fruit orchards, breezy palms & shady oak trees, Birds of Paradise & other flowering plants -- even a greenhouse in which to tend more delicate flora.Located on a rarely available street, this legacy parcel embodies the elegant but understated way of life that defines this coastal community. Hope Ranch residents can enjoy private beach access, bridle & equestrian trails, dedicated security patrol, community tennis courts, and convenient proximity to the La Cumbre Country Club & Golf Course.

D
Dusty Baker
Listing Agent

Price History

Date
Event
Price
10/29/21
Sold
$18,000,000
Condition Rating
Fair
The property, built in 1949, is generally well-maintained but shows significant signs of outdated style and finishes in key areas. The kitchen features high-end appliances but traditional dark wood cabinetry and a blue tiled backsplash that appear dated. The primary bathroom is particularly outdated with a blue jetted tub, terracotta-style tiles, and patterned wallpaper, suggesting renovations from 20-30+ years ago. While functional, these areas would require substantial aesthetic updates to meet current market expectations, aligning with the 'Fair' condition criteria.
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 = 111949, living area = 5265.
Unparalleled Oceanfront Location & Views: This rare 2.5+ acre bluff-front estate on the Hope Ranch coastline offers world-class ocean and island panoramas from nearly every room, providing an exceptional coastal living experience.
Expansive & Private Estate: Boasting over 2.5 acres of private, usable land with lush landscaping, fruit orchards, and a secluded driveway, the property ensures exceptional privacy and ample space.
Comprehensive Amenities & Guest Accommodations: The property includes a spacious patio and pool area, an attached 3-car garage, and a private 1-bedroom, 2-bathroom guest suite with a full kitchen and separate entrance.
Exclusive Community Benefits: Hope Ranch residents enjoy exclusive perks such as private beach access, bridle and equestrian trails, dedicated security patrol, community tennis courts, and proximity to a golf club.
Significant Development Potential: With abundant flat acreage and existing infrastructure, the estate presents a ready canvas for expanding or incorporating additional structures to create a true oceanside compound.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 5265, other record living area = 4320. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Age of Main Residence: Built in 1949, the description does not specify recent major renovations to the main residence's core systems or interior finishes, potentially implying a need for substantial updates.
High Ongoing Maintenance Costs: The extensive 2.5+ acre grounds, including orchards, elaborate landscaping, and a greenhouse, will require significant ongoing maintenance, time, and financial investment.
Price History & Market Re-evaluation: The current list price of $14.995M is significantly lower than its 2021 sale price of $18M, which may indicate a re-evaluation of its market value or potential required capital improvements.
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