
SANTA BARBARA, CA 93110
Analysis of 4521 Vieja Drive, SANTA BARBARA, CA 93110 is currently available with a list price of $2,750,000. 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.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with recent cosmetic updates like new wide-plank flooring and fresh interior paint. However, the home's core components remain dated, particularly the kitchen which features 1970s-style arched cabinetry, white appliances, and a fluorescent light box. While the Spanish-style architecture is charming and functional, the fixtures and finishes show signs of being outdated compared to modern luxury standards.
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.
The property grants access to the private Hope Ranch Beach and over 30 miles of equestrian trails, offering a prestigious and active coastal lifestyle.
The massive 1.8-acre lot provides exceptional privacy, oak-studded natural beauty, and a secluded lookout point for sunset views, which is rare for the area.
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.
With 6 bedrooms packed into only 2,268 square feet, the individual room sizes and living areas may feel cramped and lack the scale expected in this price bracket.
Built in 1972, the home may require substantial updates to its interior finishes and core systems to align with modern luxury standards in Santa Barbara.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 79% |
| Baths | 4.0 | 3.0 | 58% |
| Square foot | 2,268 | 2,458 | 49% |
| Lot Size | 78,408 | 12,632 | 86% |
| Price | $2.75M | $2.23M | 53% |
| Price per sq ft | $1.2K | $1.1K | 70% |
| Built year | 1972 | 1967 | 60% |
| HOA | $265 | $100 | 51% |
| Days on market | 143 | 180 | 33% |
Apr 2, 2026
$2,750,000
$2,998,999
-8% Price Drop
Initial Listing
Jan 29, 2026
$2,998,999
$3,398,000
-12% Price Drop
Initial Listing
Nov 30, 2025
$3,398,000
Initial Listing