
SANTA BARBARA, CA 93110
This Remodeled Hope Ranch Estate is a Prime Investment Opportunity, listed at $5,950,000—positioned well below the $6,666,113 Fair Market Value by 10%. This valuation gap provides $716,113 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating, the residence features a designer chef's kitchen, French white oak floors, and distant ocean views. With a private pool, spa, and custom Ipe deck, the property offers a seamless indoor-outdoor lifestyle in an exclusive enclave. This is a rare acquisition for Luxury Owner-Occupants or High-Net-Worth Investors seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 524 Via Sinuosa Subject | $5,950,000* List Price | 5 | 4 | 5,482 | $1,216 | - |
A 4385 Via Presada Sold | $4,930,000 | 5 | 5 | 4,376 | $1,127 | 0.2 mi |
B 4004 Via Laguna Sold | $6,775,000 | 4 | 5 | 5,137 | $1,319 | 0.5 mi |
C 4028 Via Laguna Active | $5,089,000 List Price | 5 | 5 | 3,615 | $1,408 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive high-end remodel within the last 5 years, featuring a chef's kitchen with Gaggenau/Miele appliances, Italian cabinetry, and French white oak floors. All visible finishes, including the La Cantina doors and designer lighting, are in mint condition, reflecting a complete modern renovation of the 1978 structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57935, living area = 5482.
Situated on a private 1.33-acre knoll in the exclusive Hope Ranch community, this estate offers exceptional privacy and elevated views of the surrounding hillsides and distant ocean.
Extensively renovated by A34 Studio Architects, the home features ultra-luxury finishes including French white oak flooring, Gaggenau and Miele appliances, and imported Italian cabinetry.
While the property captures ocean vistas, they are characterized as 'distant,' which may be a drawback for buyers seeking a more immediate or panoramic coastal orientation at this price point.
Despite the extensive modern remodel, the home’s 1978 origin may present certain structural or layout limitations compared to a contemporary ground-up construction.
Extensively remodeled, this stunning 5-bedroom, 4.5-bath estate sits on approximately 1.33 acres atop a private knoll, capturing Hope Ranch, hillside, and distant ocean views. Positioned in a convenient Hope Ranch location this home was Designed by A34 Studio Architects. The property showcases exceptional craftsmanship with French white oak floors, La Cantina doors, designer lighting Lutron blinds, and a chef's kitchen with imported Italian cabinetry and Gaggenau/Miele appliances. The luxurious primary suite upstairs with an adjacent office and has doors that completely opens up to a private view deck, gas fireplace, gorgeous bathroom and custom-built walk-in closet. Seamless indoor-outdoor living is highlighted by a custom Ipe deck, outdoor kitchen, resurfaced pool and spa, resurfaced
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 60% |
| Baths | 4.0 | 3.0 | 58% |
| Square foot | 5,482 | 2,615 | 84% |
| Lot Size | 57,935 | 12,632 | 65% |
| Price | $5.95M | $2.23M | 74% |
| Price per sq ft | $1.1K | $1.1K | 53% |
| Built year | 1978 | 1967 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 180 | 2% |
Apr 16, 2026
$5,950,000
Initial Listing
Jun 9, 2014
$2,450,000
Public Record
Jun 2, 2000
$1,615,000
Public Record
Dec 23, 1997
$900,000
Public Record