
Santa Barbara, CA 93111
This Modern Spanish Residence is a Strong Value Opportunity, listed at $2,488,000—positioned well above the $2,293,714 Fair Market Value by 8%. While priced at a premium, the property maintains an Excellent Condition Rating (2018 build) and features a highly functional floor plan with a rare main-level bedroom. Residents enjoy resort-caliber amenities and scenic mountain views within the prestigious Tree Farm community. This turnkey home is an ideal acquisition for discerning professionals or owner-occupants seeking a sophisticated, low-maintenance lifestyle in Santa Barbara.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5445 Tree Farm Lane Subject | $2,488,000* List Price | 3 | 3 | 2,224 | $1,031 | - |
A 5427 Tree Farm Lane Sold | $1,975,000 | 3 | 3 | 2,031 | $972 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is only 8 years old, meeting the under 10-year criteria for excellent condition. The home features a modern chef's kitchen with high-end stainless steel appliances, contemporary finishes, and recessed lighting throughout, indicating mint condition with no maintenance required.
Built in 2018, this detached Spanish-style residence features contemporary finishes, soaring ceilings, and a chef's kitchen, offering the benefits of modern energy efficiency and aesthetics.
The highly sought-after layout includes a rare main-level bedroom and full bath, providing excellent flexibility for a home office, guest suite, or multi-generational living.
Located in the desirable Tree Farm community, the property offers resort-caliber amenities and mountain views with a remarkably low HOA fee of $384 per month.
With a lot size of 2,178 square feet for a 2,224 square foot home, the outdoor yard space is quite compact, which may not appeal to buyers seeking significant private acreage.
Despite being a detached residence, the property is classified as a condominium, which can sometimes result in different financing requirements compared to traditional single-family homes.
Some properties have it all: 5445 Tree Farm Lane is one of them! A detached modern Spanish residence, it sits on the historic grounds of the Cavaletto Family groves; the origin of Tree Farm's name, character, and sense of place. The floor plan is among the neighborhood's most sought-after: 3 bedrooms, 3 bathrooms across two well-appointed levels. Soaring ceilings anchor the open great room; the chef's kitchen leads to a private patio with fireplace and fenced yard ideal for quiet evenings or easy entertaining. A main-level bedroom and full bath serve as a guest suite or home office. Upstairs, two additional bedrooms and a dedicated laundry room offer comfort and privacy. Purposeful upgrades throughout reflect a home designed, maintained, and cherished by its original owners.Tree Farm is one of Santa Barbara's newest and most desirable communities beautifully landscaped, resort-caliber amenities, and surprisingly low HOA fees!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,224 | - |
| Lot Size | 2,178 | - |
| Price | $2.49M | $1.24M |
| Price per sq ft | $1.1K | $968 |
| Built year | 2018 | 0 |
| HOA | $384 | $0 |
| Days on market | 34 | 45 |
Jun 19, 2026
$2,488,000
Initial Listing
Oct 18, 2018
$1,375,500
Public Record