4657 Malaga Circle, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 3 bed, 2 bath
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SANTA BARBARA, CA 93110
This Upper-Level End-Unit Condominium represents a Strong Value Opportunity, listed at $1,299,000—positioned slightly above the $1,290,494 Fair Market Value. While the property requires cosmetic updates to its Condition Rating of 4, it offers significant lifestyle appeal through its Partial Ocean and Island Views, Vaulted Ceilings, and Resort-Style Community Amenities. The inclusion of an EV Charging Plug and Attached 2-Car Garage adds modern utility to this private cul-de-sac location. This home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in Santa Barbara.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4657 Malaga Circle Subject | $1,299,000* List Price | 3 | 2 | 1,616 | $799 | - |
A 4643 Gerona Way Active | $1,325,000 List Price | 3 | 3 | 1,643 | $806 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old), the property is well-maintained but dated, featuring original oak cabinetry and finishes in the bathrooms. While it includes functional upgrades like an EV charging plug and water softener, the overall aesthetic and core fixtures are over 20 years old and require cosmetic updates to the kitchen and baths to meet modern standards.
As an upper-level end unit situated on a private cul-de-sac, the property offers enhanced privacy, vaulted ceilings, and superior natural light compared to standard interior units.
The home features high-demand modern conveniences including an attached two-car garage with interior access, an EV charging plug, and a dedicated laundry room.
Located in the sought-after Forte Ranch community, residents enjoy access to a pool, spa, and beautifully maintained grounds, fostering a high-quality lifestyle and strong long-term value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 1540. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly association fee of $634 represents a significant recurring expense that may impact the overall affordability for some prospective buyers.
While the property offers ocean and island views, they are described as partial, which may not satisfy buyers specifically seeking unobstructed panoramic coastal vistas.
Privately situated on a cul-de-sac within the sought-after Forte Ranch community, this upper-level end unit offers 3 bedrooms, 2 bathrooms, and a 2-car garage. Perched above the surrounding neighborhood, it enjoys partial ocean and island views in a setting that feels like a true escape. Vaulted ceilings and a thoughtfully designed floor plan create an inviting environment. The sunlit kitchen is well appointed and makes everyday living a pleasure. The open living and dining areas flow seamlessly to a large private patio. Additional highlights include an attached garage with interior access, fireplace, water softener, EV charging plug, and a laundry room. Add in the community's resort-style pool, spa, and beautifully maintained grounds, and you have an exceptional place to call home
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,616 | 1,243 | 75% |
| Lot Size | 1,742 | - | 75% |
| Price | $1.30M | $1.14M | 75% |
| Price per sq ft | $804 | $828 | 50% |
| Built year | 1996 | 1979 | 75% |
| HOA | $634 | $492 | 50% |
| Days on market | 11 | 178 | 25% |
May 26, 2026
$1,299,000
Initial Listing
Dec 2, 2010
$612,500
Public Record
Jul 1, 1997
$240,000
Public Record