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4517 Vieja Drive, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 4 bed, 4 bath

4517 Vieja Drive, SANTA BARBARA, CA 93110 home-pic-0
ACTIVE$5,000,000$2,815/sqft
4517 Vieja Drive, SANTA BARBARA, CA 93110
4Beds
4Baths
2,815Sqft
65,340Lot

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 = 65340, living area = 2815.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2815, other record living area = 2729. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$5.00M vs avg $2.05M (+$2,950,000)83%
Size:2,815 sqft vs avg 1,426 sqft74%
Price/sqft:$1.8K vs avg $85197%

More Insights

Built in 1977 (49 years old).
Condition: Despite being built in 1977, the property has undergone extensive, high-quality renovations, as evidenced by the 'Thoughtfully updated' description and the 'new Accessory Dwelling Unit'. The kitchens and bathrooms in both the main residence and ADU feature modern white cabinetry, high-end stainless steel appliances, contemporary fixtures, and stylish finishes (quartz/marble-look countertops, subway tile, modern flooring). Hardwood floors, recessed lighting, and updated light fixtures are prevalent throughout. All visible components appear new or virtually new, indicating a recent and comprehensive renovation that meets current quality standards.
Year Built
1977
Close
-
List price
$5M
Original List price
-
Price/Sqft
$1,776
HOA
$265
Days on market
-
Sold On
-
MLS number
25-1529
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-

About this home

A Private Hope Ranch Sanctuary set behind gates and surrounded by majestic oaks, Villa Serena is a refined Spanish Contemporary offering exceptional privacy, versatility, move in condition and mountain views in the heart of prestigious Hope Ranch. Thoughtfully updated this property presents a rare opportunity to own a multi-residence estate at an outstanding value. The main residence features four spacious bedrooms, soaring ceilings, and an open, light-filled floor plan designed for effortless indoor-outdoor living. Elegant French doors open to expansive entertaining patios, creating seamless flow to the grounds—ideal for both intimate gatherings and larger events. The new Accessory Dwelling Unit ... see more The new Accessory Dwelling Unit, perfectly sited to capture sweeping mountain vistas, provides exceptional flexibility for guests, extended family, or home-office use. There are 2-2 garages, private putting green, mature fruit trees, and beautifully landscaped grounds complete this serene retreat. Hope Ranch is an exclusive single-family residential community spanning over 1,800 park-like acres, ideally located between the Santa Ynez Mountains and the Pacific Ocean, just minutes from downtown Santa Barbara. Residents enjoy a lifestyle rich in outdoor recreation and community amenities, including the private beach access, tennis courts, over 22 miles of equestrian trails and proximity to the La Cumbre Golf & Country Club. Now offered at an exceptional valueVilla Serena is a rare opportunity to secure privacy, space, and lifestyle in one of Santa Barbara's most sought-after enclaves.

A
Adrienne Schuele
Listing Agent

Price History

Date
Event
Price
03/20/18
Sold
$2,305,000
11/23/16
Sold
$1,511,500
10/13/04
Sold
$1,760,000
04/01/03
Sold
$1,375,000
Condition Rating
Excellent
Despite being built in 1977, the property has undergone extensive, high-quality renovations, as evidenced by the 'Thoughtfully updated' description and the 'new Accessory Dwelling Unit'. The kitchens and bathrooms in both the main residence and ADU feature modern white cabinetry, high-end stainless steel appliances, contemporary fixtures, and stylish finishes (quartz/marble-look countertops, subway tile, modern flooring). Hardwood floors, recessed lighting, and updated light fixtures are prevalent throughout. All visible components appear new or virtually new, indicating a recent and comprehensive renovation that meets current quality standards.
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 = 65340, living area = 2815.
Prestigious Hope Ranch Location: Situated in an exclusive, gated community offering private beach access, tennis courts, equestrian trails, and proximity to golf, enhancing lifestyle and value.
Versatile Multi-Residence Estate: Features a main residence and a new Accessory Dwelling Unit (ADU), providing exceptional flexibility for guests, extended family, or dedicated home office space.
Exceptional Privacy & Landscaped Grounds: A private sanctuary behind gates on a large 1.5-acre lot, surrounded by majestic oaks, with beautifully landscaped grounds, mature fruit trees, and a private putting green.
Updated Spanish Contemporary Design: Thoughtfully updated and in move-in condition, showcasing a refined Spanish Contemporary style with soaring ceilings, an open floor plan, and seamless indoor-outdoor living.
Scenic Mountain Views & Entertaining Spaces: Offers sweeping mountain views and expansive entertaining patios with elegant French doors, ideal for gatherings and enjoying the natural surroundings.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2815, other record living area = 2729. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Premium Price Point: The $5,000,000 list price positions it in a highly exclusive market segment, naturally narrowing the pool of prospective buyers.
Original Construction Year (1977): Despite updates, the main residence's 1977 build year may suggest potential for older core systems (e.g., plumbing, electrical, HVAC) that could require future attention or upgrades.
Recurring Association Fees: An additional monthly association fee of $265 contributes to ongoing ownership costs, which buyers will need to factor into their budget.
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