4723 Frazier Lane, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 3 bed, 2 bath
4723 Frazier Lane
SANTA BARBARA, CA 93110
Property Price
SUMMARY
Analysis of 4723 Frazier Lane, SANTA BARBARA, CA 93110 reveals a property with a current list price of $1,449,000, which is 7% above the estimated $1,343,911 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4723 Frazier Lane Subject | $1,449,000* List Price | 3 | 2 | 1,367 | $983 | - |
A 4716 Amarosa Street Sold | $1,360,000 | 4 | 2 | 1,367 | $995 | 0.0 mi |
B 4689 Atasco Drive Pending | $1,295,000 List Price | 3 | 2 | 1,224 | $1,058 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1961, the property has undergone an extensive, high-quality renovation within the last year, making it a turnkey residence. The interior features a modern open-concept layout, updated kitchen and bathrooms with contemporary finishes, new flooring, and upgraded fixtures throughout. The property meets current quality standards with no deferred maintenance visible.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Positioned as one of the lowest-priced turnkey single-family homes in Santa Barbara, this property offers a rare and highly competitive entry point into a premium real estate market.
- Modern Turnkey Condition
The home has been beautifully remodeled with high-quality finishes and a bright, open layout, providing a move-in-ready experience that eliminates the need for immediate renovation costs.
- Desirable Location
Situated in a sought-after Santa Barbara neighborhood, the property benefits from strong long-term appreciation potential and proximity to local amenities and coastal lifestyle features.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-09-04. The sold price is $1,050,000.00.
- Compact Living Area
At 1,367 square feet for a three-bedroom residence, the interior footprint may feel somewhat restrictive for buyers seeking expansive living spaces or larger room dimensions.
- Vintage Infrastructure
While the interior is modern, the original 1961 construction may mean that underlying structural or utility systems are aging, potentially requiring future maintenance compared to newer builds.
About 4723 Frazier Lane
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 its kind in Santa Barbara.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,367 | 1,908 | 26% |
| Lot Size | - | 7,405 | 18% |
| Price | $1.45M | $1.57M | 46% |
| Price per sq ft | $1.1K | $951 | 69% |
| Built year | 1961 | 1971 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 192 | 15% |
Pricing History
Listed for Sale
Jan 21, 2026
$1,449,000
$1,469,000
-1% Price Drop
Initial Listing
Price Change
Nov 20, 2025
$1,469,000
Initial Listing
Sold
Sep 4, 2025
$1,050,000
Public Record
Sold
Jul 2, 1998
$275,000
Public Record