4450 Via Esperanza, Santa Barbara, CA 93110, Santa Barbara, 93110 - 3 bed, 4 bath
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4450 Via Esperanza
Santa Barbara, CA 93110
ACTIVE
CONDITION: FAIR
3Beds
4Baths
3,155Sq Ft
100,188Lot Size
Property Price
LIST PRICE$5,575,000
EST. MARKET VALUE
$5,384,973
3% AboveMARKET VALUE
SUMMARY
This Hope Ranch Estate represents a High-Potential Investment Opportunity, listed at $5,575,000—positioned well above the $5,384,974 Fair Market Value by -3%. While requiring capital for modernization, the property features a Fair Condition Rating and offers significant upside through its 2.3-acre lot, private beach access, and equestrian trails. The residence provides a rare canvas for value-add renovations in an exclusive enclave. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a long-term project in a premier Santa Barbara community.
Estimated Market Value
$5,384,973
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4450 Via Esperanza Subject | $5,575,000* List Price | 3 | 4 | 3,155 | $1,707 | - |
A 4585 Vieja Drive Active | $4,995,000 List Price | 3 | 4 | 3,594 | $1,390 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1977, the home is well-maintained but clearly dated. While the living areas feature clean finishes and hardwood floors, the bathrooms show older tile countertops and cabinetry likely exceeding 20-30 years in age. The listing description explicitly identifies the property as an opportunity for the next owner to update, placing it firmly in the 'Fair' category due to age and the need for modernization.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 100188, living area = 3155.
- Exclusive Hope Ranch Amenities
Located in a premier community, the property grants access to elite amenities including a private beach, tennis courts, 24-hour security, and over 22 miles of bridle trails.
- Expansive Private Acreage
Set on approximately 2.3 acres with a long private drive and surrounded by avocado orchards, the estate offers a rare level of privacy and tranquility in Santa Barbara.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Need for Modernization
Built in 1977, the residence is noted as an opportunity for updates, suggesting that interior finishes and systems may be dated and require additional capital investment.
- High Carrying Costs
The combination of a significant $2,820 association fee and the maintenance requirements of a 2.3-acre lot with orchards presents high ongoing ownership expenses.
About 4450 Via Esperanza
Tucked down a private country lane in the coveted Hope Ranch community, this peaceful retreat is set on approximately 2.3 acres of natural beauty, surrounded by avocado orchards and picturesque canyon views. A long private drive creates a gracious sense of arrival, setting the tone for privacy and tranquility. Designed to embrace Santa Barbara's quintessential indoor-outdoor lifestyle, the four-bedroom, three-and-a-half-bath residence opens to a terrace overlooking the pool and grass lawn, creating an inviting setting for both everyday living and entertaining. At the heart of the home, the living room features coffered ceilings, a brick fireplace, and French doors that fill the space with natural light and provide a seamless connection to the outdoor living areas.The generously sized kitchen includes a center island, sunny breakfast nook, and walk-in pantry with abundant storage.The ground-level primary suite features two walk-in closets, ensuite bathroom, and setting views. Comfortable and inviting, the residence is ready to be enjoyed while offering an opportunity for its next owner to thoughtfully update and make it their own over time.Located in the exclusive Hope Ranch community, residents enjoy access to a private beach, tennis courts, 24-hour security patrol, and over 22 miles of bridle trails just moments from the conveniences of Santa Barbara. This special property presents a rare combination of privacy, acreage, natural beauty, and the relaxed indoor-outdoor lifestyle that defines the California lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 100,188 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2820 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 4.0 | 3.3 |
| Square foot | 3,155 | 2,905.353 |
| Lot Size | 100,188 | 21,805.412 |
| Price | $5.58M | $4.86M |
| Price per sq ft | $1.8K | $1.7K |
| Built year | 1977 | 1958 |
| HOA | $2820 | $3.2K |
| Days on market | 7 | 84 |
Pricing History
Listed for Sale
Sep 2, 2026
$5,575,000
Initial Listing
Sold
Jun 11, 2024
$4,750,000
Public Record