4400 Via Abrigada, Santa Barbara, CA 93110, Santa Barbara, 93110 - 4 bed, 6 bath

4400 Via Abrigada, Santa Barbara, CA 93110 home-pic-0
ACTIVE$66,000,000$7,265/sqft
4400 Via Abrigada, Santa Barbara, CA 93110
4Beds
6Baths
7,265Sqft
483,515Lot

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 = 483515, living area = 7265.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =483515, other record lot size in square feet = 287060.

Compared to the nearby listings

Price:$66.00M vs avg $2.05M (+$63,950,000)97%
Size:7,265 sqft vs avg 1,426 sqft86%
Price/sqft:$9.1K vs avg $85197%

More Insights

Built in 1961 (65 years old).
Condition: The property was built in 1961, making it over 60 years old. The listing explicitly states it's a 'vast canvas for the creation of an unparalleled estate' and that the existing 7,500 sq ft home 'may require extensive renovation or demolition' to align with this vision. While the few interior photos show a well-maintained, clean space, the style (e.g., traditional chandeliers, ornate fireplace surrounds, classic furniture) is significantly dated and does not reflect modern luxury standards. Crucially, no images of the kitchen or bathrooms are provided, which are key indicators of condition and style. The property's value is clearly being marketed based on the land and its redevelopment potential, not the existing structure, aligning with the 'tear-down' criteria where the value is based solely on the land.
Year Built
1961
Close
-
List price
$66M
Original List price
-
Price/Sqft
$9,085
HOA
$0
Days on market
-
Sold On
-
MLS number
25481031
Home ConditionTear down
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

4400 Via Abrigada, a remarkable offering nestled within Santa Barbara's esteemed Hope Ranch. A first-time presentation on the market of 3 adjoining parcels spanning a total of 11.3 acres. This property provides a vast canvas for the creation of an unparalleled estate, allowing for 20,000 sq ft main house and two 7,500 sq ft guest houses. As you enter through a grand gated driveway, perched atop a flat surface, the property offers breathtaking city-to-ocean views. Currently gracing the land is a 7,500 sq ft single-level home, complete with a pool and pool house. The property is thoughtfully zoned for equestrian use, boasting bridle trails that meander through the lush landscape. Convenience meets luxury with private beach access. Located just minutes from Downtown Santa Barbara & Montecito.

S
Sam Palmer
Listing Agent
Condition Rating
Tear down

The property was built in 1961, making it over 60 years old. The listing explicitly states it's a 'vast canvas for the creation of an unparalleled estate' and that the existing 7,500 sq ft home 'may require extensive renovation or demolition' to align with this vision. While the few interior photos show a well-maintained, clean space, the style (e.g., traditional chandeliers, ornate fireplace surrounds, classic furniture) is significantly dated and does not reflect modern luxury standards. Crucially, no images of the kitchen or bathrooms are provided, which are key indicators of condition and style. The property's value is clearly being marketed based on the land and its redevelopment potential, not the existing structure, aligning with the 'tear-down' criteria where the value is based solely on the land.
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 = 483515, living area = 7265.
Unrivaled Development Opportunity: Spanning 11.3 acres across 3 adjoining parcels, this property offers an extraordinary canvas for constructing a 20,000 sq ft main house and two 7,500 sq ft guest houses.
Prestigious Hope Ranch Location: Nestled within Santa Barbara's esteemed Hope Ranch, providing an exclusive address with inherent value and desirability.
Breathtaking Panoramic Views: Offers stunning city-to-ocean views from a flat, elevated perch, ensuring spectacular vistas.
Exclusive Lifestyle Amenities: Features private beach access and equestrian zoning with established bridle trails, catering to a luxurious and active lifestyle.
Exceptional Privacy & Accessibility: Secured by a grand gated driveway, ensuring privacy while being minutes from Downtown Santa Barbara and Montecito.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =483515, other record lot size in square feet = 287060.
Ultra-High Price Point: The $66 million listing price targets an extremely niche market, potentially limiting buyer interest and extending market time.
Substantial Additional Investment Required: The property is presented as a 'vast canvas' for development, implying significant further capital and time investment for construction beyond the purchase price.
Age of Existing Structure: The current 7,500 sq ft home was built in 1961, suggesting it may require extensive renovation or demolition to align with the vision of a new, unparalleled estate.
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