4521 Vieja Drive, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 6 bed, 4 bath
4521 Vieja Drive
SANTA BARBARA, CA 93110
Property Price
SUMMARY
Analysis of 4521 Vieja Drive, SANTA BARBARA, CA 93110 is currently available with a list price of $2,998,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1972, the property is well-maintained but reflects an outdated aesthetic consistent with the 'fair' criteria. The kitchen features older tile countertops, dated wood cabinetry, and white appliances that lack modern luxury appeal. Bathrooms similarly show older fixtures and tiling. While the home is functional and clean, the interior finishes—including the Saltillo tile flooring and standard carpeting—require modernization to meet current high-end standards, especially given the compact 2,268 sqft layout for a 6-bedroom configuration.
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 = 78408, living area = 2268.
- Exclusive Community Amenities
Located in the prestigious Hope Ranch, the property grants access to a private beach and miles of equestrian trails, offering a premier coastal lifestyle.
- Expansive Private Lot
The 1.8-acre grounds feature lush landscaping, oak-studded hills, and a secluded lookout point, providing exceptional privacy and natural beauty.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =78408, other record lot size in square feet = 77972.
- Potential Modernization Needs
Built in 1972, the home may require significant interior updates and system upgrades to meet the expectations of modern luxury buyers.
- Compact Interior Layout
With 2,268 square feet divided among six bedrooms, the living spaces and individual rooms may feel undersized relative to the large lot and price point.
About 4521 Vieja Drive
4521 Vieja Drive captures the romantic soul of Hope Ranch. Set on 1.8 acres of lush, private grounds, this 5-bedroom, 3-bath Spanish-style home with a charming 1-bedroom, 1-bath guest cottage overflows with natural beauty and timeless charm. Surrounded by ocean breezes, oak-studded hills, and peaceful winding lanes, the property includes a secluded lookout point perfect for sunset views. With access to the Hope Ranch Beach and miles of equestrian trails, it offers an idyllic blend of privacy, elegance, and coastal romance.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 78,408 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $265 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 87% |
| Baths | 4.0 | 3.0 | 77% |
| Square foot | 2,268 | 1,996 | 59% |
| Lot Size | 78,408 | 7,405 | 95% |
| Price | $3.00M | $1.82M | 69% |
| Price per sq ft | $1.3K | $951 | 85% |
| Built year | 1972 | 1971 | 51% |
| HOA | $265 | $0 | 67% |
| Days on market | 97 | 192 | 15% |
Pricing History
Listed for Sale
Jan 29, 2026
$2,998,999
$3,398,000
-12% Price Drop
Initial Listing
Price Change
Nov 30, 2025
$3,398,000
Initial Listing