
SANTA BARBARA, CA 93108
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $2,895,000—positioned well below the $3,047,655 Fair Market Value by 5%. This valuation gap offers $152,655 in Instant Equity. Featuring a Mint Condition Rating, the home includes a solar-heated pool, cedar hot tub, and guest studio within the prestigious Cold Springs School District. With its expansive lot and mountain views, this property balances luxury lifestyle with financial stability, making it an ideal acquisition for discerning families or long-term investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 746 Westmont Road Subject | $2,895,000* List Price | 4 | 3 | 1,677 | $1,817 | - |
A 49 Cedar Lane Pending | $3,500,000 List Price | 3 | 2 | 1,956 | $1,789 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1956, the property has undergone a comprehensive high-end renovation. Visual evidence shows a modern bathroom with contemporary fixtures and stone counters, updated black-frame windows, solar energy systems, and a pristine pool area with composite decking. The home appears to be in mint condition with no visible deferred maintenance, meeting the criteria for a recent high-quality renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 1677.
The property is located within the highly coveted Cold Springs School District, a major draw for families that significantly bolsters long-term resale value.
The expansive 14,810 sqft lot features a solar-heated pool, cedar hot tub, and private gate access to hiking trails, offering a premium Santa Barbara lifestyle.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With a list price of $2,895,000 for 1,677 square feet, the property commands a high premium of over $1,700 per square foot, which may challenge some appraisals.
Built in 1956, the home may require significant capital improvements or modernization to meet the expectations of buyers looking for contemporary luxury standards.
746 Westmont Road, a warm and inviting home in the sought-after Cold Springs School District. With 4 bedrooms, 3 baths, including an attached guest studio, the layout offers both comfort and flexibility. Two fireplaces create cozy gathering spaces, while outside, the terraced backyard is filled with fruit trees, berries, and an herb garden ready to enjoy. Spend sunny days by the pool, unwind in the cedar hot tub, or take the private gate down to the creek and head straight out for your morning hike. Peaceful, charming, and full of lifestyle appeal.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.5 | 33% |
| Square foot | 1,677 | 3,646 | 23% |
| Lot Size | 14,810 | 40,728.6 | 15% |
| Price | $2.90M | $5.25M | 23% |
| Price per sq ft | $1.7K | $1.7K | 50% |
| Built year | 1956 | 1978 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 226 | 2% |
May 29, 2026
$2,895,000
Initial Listing
Apr 22, 2016
$1,275,000
Public Record