4507 Carriage Hill Drive, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 3 bed, 2 bath
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SANTA BARBARA, CA 93110
This Single-Level Duplex represents a Strong Value Opportunity, listed at $1,800,000—positioned slightly above the $1,726,500 Fair Market Value. While not a discount play, the property offers a Fair Condition Rating with significant upside through cosmetic modernization. Key features include a Generac PWRcell backup system, three private outdoor spaces, and a mountain view. This asset provides the privacy of a single-family home in a premier enclave. It is an ideal acquisition for Owner-Occupants seeking a customizable retreat or Buy-and-Hold Investors targeting long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4507 Carriage Hill Drive Subject | $1,800,000* List Price | 3 | 2 | 2,018 | $856 | - |
A 4643 Gerona Way Active | $1,325,000 List Price | 3 | 3 | 1,643 | $806 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, the property is well-maintained but significantly dated. While it features a modern Generac backup battery system, the bathrooms and kitchen show styles (tile countertops, fluorescent light boxes, and cabinetry) consistent with a 20-30 year old renovation. The use of virtual staging and digitally altered images suggests the underlying finishes need cosmetic updates to meet modern standards.
This single-level duplex configuration offers over 2,000 sq ft of living space with no rear neighbors, providing the privacy and scale of a single-family home within a highly sought-after Santa Barbara enclave.
Rare for a condominium, the property features three distinct fenced outdoor areas—a rear yard, side patio, and gated front courtyard—perfect for seamless indoor-outdoor living and entertaining.
The inclusion of a high-capacity Generac PWRcell backup battery system provides a valuable modern upgrade for energy independence and uninterrupted comfort during power outages.
The monthly HOA fee of $1,020 is relatively high, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
Built in 1965, the property may require interior cosmetic updates or system modernizations to align with contemporary luxury standards expected at the $1.8M price point.
Back on the market - no fault of seller... Rare opportunity in Carriage Hill--single-level 3BD/2BA condo in a highly sought-after private enclave between Hope Ranch and Hope Ranch Annex. Approx. 2,018 sq ft and lives like a single-family home as one-half of a duplex. Set in a premier location with no properties behind, offering exceptional privacy. Multiple fenced outdoor spaces, including a rear patio/yard, side patio off dining, and gated front courtyard--ideal for seamless indoor/outdoor living. Spacious 2-car garage and well-designed floor plan with generous rooms. Built in 1965 within a quiet, low-density HOA community. Properties in this location and configuration rarely come available--don't miss this opportunity to secure a private Santa Barbara retreat retreat near beaches, shopping, and dining. HOA includes exterior home paint, rain gutters, roof, insurance, common grounds maintenance, pool, club house, water. Only 45 units in the complex, 14 buildings. Home also includes a high-capacity Generac PWRcell backup battery system -- a valuable California lifestyle upgrade for energy security and uninterrupted comfort.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,018 | 1,243 | 75% |
| Lot Size | - | - | 50% |
| Price | $1.80M | $1.14M | 75% |
| Price per sq ft | $892 | $872 | 50% |
| Built year | 1965 | 1971 | 25% |
| HOA | $1020 | $650 | 75% |
| Days on market | 34 | 187 | 25% |
May 13, 2026
$1,800,000
Initial Listing
Jul 16, 2002
$750,000
Public Record
Sep 29, 1999
$525,000
Public Record