
Santa Barbara, CA 93110
This Spanish Colonial Residence is a Strong Value Opportunity, listed at $4,995,000—positioned slightly above the $4,942,220 Fair Market Value. While the price reflects the premium nature of the Hope Ranch community, the property offers a Condition Rating of 3, featuring high-quality finishes and move-in readiness. With a massive 65,340 sqft lot, panoramic mountain views, and exclusive access to private beach and equestrian trails, this home provides a rare lifestyle sanctuary. It is an ideal acquisition for luxury homeowners or discerning buyers seeking a prestigious Santa Barbara address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4585 Vieja Drive Subject | $4,995,000* List Price | 4 | 4 | 3,594 | $1,375 | - |
A 4385 Via Presada Sold | $4,930,000 | 5 | 5 | 4,376 | $1,127 | 0.7 mi |
B 735 Via Hierba Pending | $4,995,000 List Price | 4 | 3 | 3,917 | $1,275 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1974 but shows evidence of a comprehensive renovation approximately 10-15 years ago. The kitchen and bathrooms feature high-quality materials like granite countertops and stone tiling that remain in well-maintained, move-in ready condition. While the aesthetic is slightly dated compared to current trends, the property is functional and lacks visible maintenance issues.
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 = 3594.
Located in the prestigious Hope Ranch, the property includes access to a private gated beach, 22 miles of equestrian trails, and private security, offering an unparalleled luxury lifestyle.
The Spanish Colonial architecture is designed with expansive French doors and floor-to-ceiling windows that perfectly integrate the 3,594-square-foot interior with lush gardens and entertaining patios.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3594, other record living area = 3399.
The property carries a significant association fee of $3,795, which adds a substantial recurring cost to the overall ownership of the home.
With only three dedicated bedrooms for a residence of this scale, the layout may feel restrictive for larger families or buyers requiring multiple guest suites without converting the office.
Captivating Spanish Colonial-style residence where timeless Santa Barbara character meets sweeping views of the Santa Ynez Mountains. Thoughtfully oriented to its setting, 4585 Vieja Drive offers 4 bedrooms, 3.5 bathrooms, and is set on 1.5 mature landscaped acres. Distinctly connected to the natural beauty of Hope Ranch, a picturesque approach introduces the home through mature oaks, palms, citrus, sculpted hedges, and established gardens, while an entry tower with stucco walls and a Spanish tile roof set the architectural tone. Inside, the 3,594-square-foot residence unfolds with an inviting collection of spaces with an easy relationship between indoors and out.The primary suite is especially inviting, with a vaulted wood-beamed ceiling, fireplace, French doors opening to the backyard, and a spacious bath with dual vanities, soaking tub, separate shower, and abundant natural light. Three spacious guest bedrooms round out the sleeping arrangements. With rich wood detailing and floor-to-ceiling windows that frame the landscape and views beyond, the North-facing guest bedroom is a standout in its own right. At the heart of the home, the living spaces are designed for both gathering and quiet enjoyment. A substantial living room is complemented by a relaxed family room, while the kitchen opens ideally to the surrounding entertaining areas.Remarkable as the inside is, it is outdoors where 4585 Vieja Drive becomes particularly memorable. French doors and broad openings create a seamless transition from the interiors to the gardens, while an outdoor barbecue, fire pit, lawn, and multiple patios invite everything from intimate mornings to large-scale entertaining. Beyond the terraces, panoramic mountain views stretch across the horizon, creating a remarkable backdrop throughout the day. Mature oaks, olive-like plantings, palms, citrus, and towering cypress trees lend the grounds a sense of permanence and privacy, while the gently layered landscaping creates a series of intimate garden moments around the residence.Hope Ranch association amenities include private gated beach access & picnic areas, private security, and 22 miles of equestrian trails. Established architecture, mature grounds, expansive views, and a relaxed indoor-outdoor lifestyle - 4585 Vieja Drive is a real tribute to Santa Barbara living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 4.0 | 3.3 |
| Square foot | 3,594 | 2,905.353 |
| Lot Size | 65,340 | 21,805.412 |
| Price | $5.00M | $4.86M |
| Price per sq ft | $1.4K | $1.7K |
| Built year | 1974 | 1958 |
| HOA | $3795 | $3.2K |
| Days on market | 7 | 84 |
Sep 2, 2026
$4,995,000
Initial Listing