4723 Frazier Lane, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 3 bed, 2 bath

4723 Frazier Lane, SANTA BARBARA, CA 93110 home-pic-0
ACTIVE$1,469,000$1,367/sqft
Est. Value: $1,406,777
-4%
AboveEstimate
4723 Frazier Lane, SANTA BARBARA, CA 93110
3Beds
2Baths
1,367Sqft
Lot

Price Vs. Estimate

The estimated value ($1,406,776.92) is $62,223.08 (4%) lower than the list price ($1,469,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Santa Barbara Location: Situated in a desirable Santa Barbara neighborhood, offering a highly sought-after address and lifestyle.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-09-04. The sold price is $1,050,000.00.

Compared to the nearby listings

Price:$1.47M vs avg $1.99M ($-521,000)34%
Size:1,367 sqft vs avg 1,421 sqft46%
Price/sqft:$1.1K vs avg $85166%

More Insights

Built in 1961 (65 years old).
Condition: Despite being built in 1961, this property has undergone a beautiful and extensive recent renovation, as described and clearly depicted in the images. The kitchen features modern two-tone cabinetry, new stainless steel appliances, white countertops, and recessed lighting. Both bathrooms are completely updated with contemporary vanities, new tiling, modern fixtures, and lighting. Hardwood flooring is present throughout the main living areas, and the bedrooms have new carpeting. The exterior also shows fresh paint, a new roof, and updated landscaping. All visible components are new or virtually new, meeting current quality standards, making it a turnkey property with no deferred maintenance.
Year Built
1961
Close
-
List price
$1.47M
Original List price
-
Price/Sqft
$1,075
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4213
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Beautifully remodeled 3 bedroom 2 full bathrooms in a desirable Santa Barbara neighborhood. This turnkey property offers a bright, open layout with great finishes throughout, showcasing thoughtful upgrades and modern style. An exceptional opportunity to own one of the lowest priced if not lowest priced of it's kind in Santa Barbara.

J
Julian Michalowski
Listing Agent

Price History

Date
Event
Price
07/02/98
Sold
$275,000
09/04/25
Sold
$1,050,000
Condition Rating
Excellent

Despite being built in 1961, this property has undergone a beautiful and extensive recent renovation, as described and clearly depicted in the images. The kitchen features modern two-tone cabinetry, new stainless steel appliances, white countertops, and recessed lighting. Both bathrooms are completely updated with contemporary vanities, new tiling, modern fixtures, and lighting. Hardwood flooring is present throughout the main living areas, and the bedrooms have new carpeting. The exterior also shows fresh paint, a new roof, and updated landscaping. All visible components are new or virtually new, meeting current quality standards, making it a turnkey property with no deferred maintenance.
Pros & Cons

Pros

Prime Santa Barbara Location: Situated in a desirable Santa Barbara neighborhood, offering a highly sought-after address and lifestyle.
Extensively Remodeled & Turnkey: The property has been beautifully remodeled with great finishes and modern style, presenting a turnkey opportunity for immediate occupancy without major renovations.
Exceptional Value Proposition: Marketed as one of the lowest-priced properties of its kind in Santa Barbara, offering a competitive entry point into this exclusive market.
Bright, Open Layout: Features a bright and open layout, enhancing the sense of space and providing a modern living experience.
No Association Fees: The absence of association fees (HOA) contributes to lower monthly ownership costs, a significant advantage for buyers.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-04. The sold price is $1,050,000.00.
Age of Original Structure: Built in 1961, the underlying structure and potentially some core systems (e.g., foundation, original plumbing/electrical not fully replaced) may be older, despite cosmetic remodels, which could lead to future maintenance considerations.
Moderate Square Footage: At 1367 sqft, the living space is moderate for a 3-bedroom home in Santa Barbara, which might be a limiting factor for buyers seeking more expansive interiors or larger lot sizes.
Limited Specifics on System Upgrades: While described as 'remodeled' with 'thoughtful upgrades,' the description lacks specific details on major system updates (e.g., HVAC, roof, windows, electrical panel, plumbing lines), which could raise questions for buyers about the extent of the renovation beyond aesthetics.
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