700 Via Hierba, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 4 bed, 3 bath
700 Via Hierba
SANTA BARBARA, CA 93110
Property Price
SUMMARY
Analysis of 700 Via Hierba, SANTA BARBARA, CA 93110 reveals a Fairly Priced Property with a current list price of $5,750,000 aligned with the estimated $5,656,023 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 700 Via Hierba Subject | $5,750,000* List Price | 4 | 3 | 3,188 | $1,774 | - |
A 3980 Laguna Blanca Drive Active | $5,899,000 List Price | 5 | 6 | 4,170 | $1,415 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1967, the property is well-maintained but reflects a 'Fair' condition due to its age and dated features. While the kitchen has received cosmetic updates such as stone countertops and painted cabinetry, the appliances (notably the black dishwasher) and layout are not contemporary. The interior features original-style built-ins and oak hardwood flooring that, while in good condition, lack modern luxury finishes. Exterior amenities like the brick-surround pool, tennis court, and lion-head fountain spa show significant stylistic age. Additionally, the 4-bedroom to 2.5-bathroom ratio is underserved for a modern estate of this price point, suggesting a need for substantial modernization to meet current 'Good' or 'Excellent' standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 66211, living area = 3188.
- Prestigious Location
Situated in the exclusive Hope Ranch community, the property offers high-end privacy and access to elite neighborhood amenities in Santa Barbara.
- Expansive Usable Acreage
The ±1.52-acre parcel is noted as fully usable, providing rare scale and versatility for landscaping, expansion, or equestrian use.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3188, other record living area = 2920.
- Potential for Modernization
Built in 1967, the residence may require significant capital investment to update systems and finishes to meet modern luxury standards.
- Bedroom-to-Bathroom Ratio
With four bedrooms but only two-and-a-half bathrooms, the layout may feel underserved for large families or guests at this price point.
About 700 Via Hierba
Set on an exceptional and fully usable ±1.52-acre parcel in Hope Ranch, 700 Via Hierba is a single-level residence offering privacy, scale, and timeless California living in a conveniently accessible location within the Ranch. The home features four bedrooms and two-and-a-half baths and is thoughtfully designed for effortless indoor-outdoor flow. Expansive near floor-to-ceiling windows in the living and dining rooms frame serene views of the lush grounds and open seamlessly to sun-filled patios. The property is an entertainer's dream, complete with swimmer's pool, tennis court, gazebo with a 1/2 bath, and beautifully landscaped outdoor spaces, creating a true estate setting. The spacious primary suite features a private patio with in-ground spa, a spacious bath, and walk-in closets.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 66,211.203 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $3799 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,188 | 1,996 | 77% |
| Lot Size | 66,211.203 | 7,405 | 87% |
| Price | $5.75M | $1.82M | 85% |
| Price per sq ft | $1.8K | $951 | 95% |
| Built year | 1967 | 1971 | 44% |
| HOA | $3799 | $0 | 95% |
| Days on market | 26 | 192 | 5% |
Pricing History
Listed for Sale
Mar 3, 2026
$5,750,000
$5,950,000
-3% Price Drop
Initial Listing
Price Change
Feb 9, 2026
$5,950,000
Initial Listing
Sold
Aug 18, 2023
$5,200,000
Public Record