613 Maria Ygnacia Lane, SANTA BARBARA, CA 93111, SANTA BARBARA, 93111 - 4 bed, 5 bath
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SANTA BARBARA, CA 93111
Analysis of 613 Maria Ygnacia Lane, SANTA BARBARA, CA 93111 is currently available with a list price of $9,600,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property consists of three residences where the primary ranch-style home requires a complete remodel or rebuild, and the two Italian-style villas are noted as needing updates. Built in 1980 with no interior photos provided to suggest modernization, the estate also features non-operational infrastructure (the well), indicating a need for substantial rehabilitation and capital investment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 696960, living area = 5164.
The estate comprises three separate APNs across 16 acres, offering a rare opportunity for a multi-generational compound or strategic investment development in a prime location.
Situated on a secluded 16-acre lot, the property provides ultimate privacy paired with stunning ocean vistas from multiple vantage points throughout the grounds.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =696960, other record lot size in square feet = 283575.
The ranch-style residence requires a complete rebuild and the villas need updates, necessitating a significant additional capital investment beyond the purchase price.
The onsite well is currently not fully operational and requires repair, which may present immediate utility challenges for maintaining the expansive 16-acre grounds.
Best kept secret with this rare offering on Maria Ygnacia Lane in Nolita. Spread across 16 acres, this exclusive estate includes three unique residences on 3 separate APN's, providing ocean views, ultimate privacy, and endless potential. The property features two Italian-style villas in good condition that would benefit from some loving updates to restore their full splendor. Additionally, a spacious ranch-style home requires a complete remodel or rebuild, offering a blank canvas for your custom dream design. Enjoy stunning vistas of the ocean from various vantage points throughout the property and experience the privacy with expansive grounds and a secluded location. The estate also includes a well, though it requires some work to be fully operational. cont.... This exceptional property is a perfect blend of existing charm and limitless possibilities, making it a unique opportunity to create your own paradise. Contact us today to schedule a private tour and be among the first to explore this remarkable estate before it goes live. APN numbers 059-010-080 613 059-010-097 1321 059-010-098 1341
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 5,164 | 1,932 | 92% |
| Lot Size | 696,960 | 8,712 | 97% |
| Price | $9.60M | $1.65M | 98% |
| Price per sq ft | $1.9K | $867 | 98% |
| Built year | 1980 | 1965 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 596 | 175 | 86% |
Mar 28, 2026
$9,600,000
$10,500,000
-9% Price Drop
Initial Listing
Sep 3, 2024
$10,500,000
Initial Listing
Feb 1, 2000
$940,000
Public Record
Oct 17, 1996
$610,000
Public Record