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

4558 Via Esperanza, SANTA BARBARA, CA 93110 home-pic-0
ACTIVE$11,995,000$5,098/sqft
Est. Value: $11,995,000
%
FairlyEstimate
4558 Via Esperanza, SANTA BARBARA, CA 93110
5Beds
6Baths
5,098Sqft
145,926Lot

Price Vs. Estimate

The estimated value ($11,995,000) is $0 (0%) lower than the list price ($11,995,000). This property may be overpriced.

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 = 145926, living area = 5098.
Top Cons:
High Price Point: With a list price of nearly $12 million, the property targets a very niche market, potentially limiting the pool of prospective buyers.

Compared to the nearby listings

Price:$11.99M vs avg $2.05M (+$9,945,000)91%
Size:5,098 sqft vs avg 1,426 sqft86%
Price/sqft:$2.4K vs avg $85197%

More Insights

Built in 1979 (47 years old).
Condition: Despite being built in 1979, the property has been 'recently expanded and extensively renovated throughout' with 'high-end finishes,' as stated in the description. The images confirm this, showcasing a state-of-the-art kitchen with integrated, modern appliances, sleek cabinetry, and contemporary countertops. The bathrooms are equally luxurious, featuring modern floating vanities, marble-look tiling, glass-enclosed showers, and a freestanding tub. All visible components, including flooring, light fixtures, and general finishes, appear new or virtually new, meeting current quality standards with no signs of wear or deferred maintenance.
Year Built
1979
Close
-
List price
$11.99M
Original List price
-
Price/Sqft
$2,353
HOA
$0
Days on market
-
Sold On
-
MLS number
25-2723
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

This 5-bed | 5 1/2-bath modern estate offers unparalleled vistas of the ocean, islands & mountains, making it one of the most coveted properties in Hope Ranch. Positioned on 3.35 gated & private acres, it showcases panoramic views of the Channel Islands, dramatic sunsets over Campus Point & majestic Santa Ynez Mountains. Designed by Top 100 architect, Barry Berkus, this home features high-end finishes & mostly single-level living, and was recently expanded and extensively renovated throughout. Outside, indulge in resort-like amenities including a pool, spa & lighted sports court w/ arguably the best views in Santa Barbara! Exclusive access to Hope Ranch amenities incl. private beach access, equestrian trails & private security. Experience the epitome of Santa Barbara living at its finest!

Z
Zia Group
Listing Agent

Price History

Date
Event
Price
09/08/20
Sold
$6,820,000
07/23/15
Sold
$5,795,500
Condition Rating
Excellent

Despite being built in 1979, the property has been 'recently expanded and extensively renovated throughout' with 'high-end finishes,' as stated in the description. The images confirm this, showcasing a state-of-the-art kitchen with integrated, modern appliances, sleek cabinetry, and contemporary countertops. The bathrooms are equally luxurious, featuring modern floating vanities, marble-look tiling, glass-enclosed showers, and a freestanding tub. All visible components, including flooring, light fixtures, and general finishes, appear new or virtually new, meeting current quality standards with no signs of wear or 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 = 145926, living area = 5098.
Unparalleled Panoramic Views: The property offers breathtaking, unparalleled vistas of the ocean, Channel Islands, dramatic sunsets over Campus Point, and majestic Santa Ynez Mountains, enhancing its prestige and value.
Exclusive Hope Ranch Location & Amenities: Situated on 3.35 gated and private acres within the highly coveted Hope Ranch, providing exclusive access to private beach access, equestrian trails, and private security.
Architectural Pedigree & Modern Renovation: Designed by Top 100 architect Barry Berkus, the estate has been recently expanded and extensively renovated throughout with high-end finishes, offering a modern and sophisticated living experience.
Resort-Like Luxury Amenities: Features extensive outdoor amenities including a pool, spa, and a lighted sports court, all boasting exceptional views, creating a private resort environment.
Spacious & Private Estate: A substantial 5-bedroom, 5.5-bathroom residence spanning 5,098 sqft on 3.35 private acres, offering ample space, privacy, and mostly single-level living.

Cons

High Price Point: With a list price of nearly $12 million, the property targets a very niche market, potentially limiting the pool of prospective buyers.
Significant Operating Costs: A property of this scale, with extensive acreage, luxury amenities (pool, spa, sports court), and high-end finishes, will incur substantial ongoing maintenance, utility, and property tax expenses.
Specific Architectural Style: While designed by a renowned architect and renovated, the 'modern estate' style from its 1979 origin may not appeal to all ultra-luxury buyers who might prefer a different aesthetic or brand-new construction.
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