4558-4560 Via Esperanza, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 5 bed, 6 bath

4558-4560 Via Esperanza, SANTA BARBARA, CA 93110 home-pic-0
ACTIVE$14,990,000$5,098/sqft
4558-4560 Via Esperanza, SANTA BARBARA, CA 93110
5Beds
6Baths
5,098Sqft
248,292Lot

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 = 248292, living area = 5098.
Top Cons:
High Price Point: The list price of $14.99 million places this property in a very exclusive market segment, significantly limiting the potential buyer pool.

Compared to the nearby listings

Price:$14.99M vs avg $2.05M (+$12,940,000)97%
Size:5,098 sqft vs avg 1,426 sqft86%
Price/sqft:$2.9K vs avg $85197%

More Insights

Built in 1979 (47 years old).
Condition: Despite being built in 1979, the property has been 'recently rebuilt' as stated in the description. The images confirm a comprehensive, high-end modern renovation throughout. The kitchen features sleek, integrated appliances and contemporary cabinetry. Bathrooms are fully updated with modern floating vanities, marble-look surfaces, glass showers, and a freestanding tub. All visible components, including flooring, lighting, and exterior amenities like the pool and sports court, appear new or virtually new, reflecting current quality standards and showing no signs of deferred maintenance.
Year Built
1979
Close
-
List price
$14.99M
Original List price
-
Price/Sqft
$2,940
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3164
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

A once-in-a-lifetime opportunity to own a legacy estate in Hope Ranch with two rare, adjoining parcels totaling 5.7 acres. The crown jewel is a recently rebuilt 5BD | 5.5BA modern residence originally envisioned by renowned architect Barry Berkus, showcasing sweeping, unobstructed views of the Pacific Ocean, Channel Islands, and Santa Ynez Mountains. This thoughtfully designed home features resort-style amenities, including a stunning pool, spa, and lighted sports court. The adjacent 2.35-acre parcel offers a blank canvas for creating your dream retreat, with conceptual plans available for a new luxurious residence, guest house, and infinity pool. Enjoy exclusive access to a private beach, scenic bridle trails, tennis courts, and all of the coveted amenities of this coastal enclave.

Z
Zia Group
Listing Agent
Condition Rating
Excellent

Despite being built in 1979, the property has been 'recently rebuilt' as stated in the description. The images confirm a comprehensive, high-end modern renovation throughout. The kitchen features sleek, integrated appliances and contemporary cabinetry. Bathrooms are fully updated with modern floating vanities, marble-look surfaces, glass showers, and a freestanding tub. All visible components, including flooring, lighting, and exterior amenities like the pool and sports court, appear new or virtually new, reflecting current quality standards and showing no signs of deferred maintenance.
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 = 248292, living area = 5098.
Unrivaled Location & Exclusivity: Situated in the prestigious Hope Ranch, Santa Barbara, offering exclusive access to a private beach, scenic bridle trails, and tennis courts, signifying a highly desirable and sought-after lifestyle.
Panoramic Ocean & Mountain Views: Boasts sweeping, unobstructed views of the Pacific Ocean, Channel Islands, and Santa Ynez Mountains, providing breathtaking natural beauty and enhancing property value.
Expansive Estate with Development Potential: Comprises two rare, adjoining parcels totaling 5.7 acres, with an adjacent 2.35-acre parcel offering a blank canvas and conceptual plans for a new luxurious residence, guest house, and infinity pool, allowing for significant expansion and customization.
Architecturally Significant & Modern Residence: Features a recently rebuilt modern residence, originally envisioned by renowned architect Barry Berkus, combining contemporary design with a distinguished architectural pedigree.
Resort-Style Amenities: Equipped with luxurious on-site amenities including a stunning pool, spa, and lighted sports court, providing an exceptional living experience and entertainment options.

Cons

High Price Point: The list price of $14.99 million places this property in a very exclusive market segment, significantly limiting the potential buyer pool.
Substantial Ongoing Maintenance Costs: An estate of 5.7 acres with a large residence and extensive amenities (pool, spa, sports court) will incur considerable ongoing expenses for landscaping, utilities, and general upkeep.
Additional Investment for Full Potential: While the second parcel offers development potential, realizing it requires significant additional capital, time, and effort for design, permitting, and construction, which is not included in the current purchase price.
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