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945 Arbolado Road, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 4 bed, 4 bath

945 Arbolado Road, SANTA BARBARA, CA 93103 home-pic-0
ACTIVE$7,950,000$3,775/sqft
Est. Value: $7,760,163
-2%
FairlyEstimate
945 Arbolado Road, SANTA BARBARA, CA 93103
4Beds
4Baths
3,775Sqft
15,681.6Lot

Price Vs. Estimate

The estimated value ($7,760,163.43) is $189,836.57 (2%) lower than the list price ($7,950,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 15681, living area = 3775.
Top Cons:
Exclusivity of Price Point: The extremely high list price of $7.95 million significantly narrows the potential buyer pool to a very niche market segment.

Compared to the nearby listings

Price:$7.95M vs avg $2.13M (+$5,819,000)97%
Size:3,775 sqft vs avg 1,523 sqft90%
Price/sqft:$2.1K vs avg $79197%

More Insights

Built in 2020 (6 years old).
Condition: This property, built in 2020, is a newly constructed contemporary masterpiece. The description highlights cutting-edge technology, a state-of-the-art Savant smart home system, and high-end finishes throughout. The gourmet Italian kitchen features sleek cabinetry, Wolf and Miele appliances, and Sub-Zero refrigeration. The spa-inspired marble primary bath includes radiant heated floors, a soaking tub, and a heated towel rack. All components, from wide-plank wood floors and Lutron lighting to solar panels with LG Powerwall backup, are new or virtually new, meeting the highest current quality standards with no deferred maintenance or physical depreciation. The images confirm a pristine, luxurious, and modern aesthetic in every room, especially the kitchen and bathrooms, which are top-of-the-line.
Year Built
2020
Close
-
List price
$7.95M
Original List price
-
Price/Sqft
$2,106
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4263
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

Perched atop Santa Barbara's Riviera, this newly built, one-of-a-kind contemporary masterpiece offers unparalleled elegance, cutting-edge technology, and seamless indoor-outdoor living. Constructed by Allen Construction and enhanced by Cornerstone Landscapers, this exceptional residence showcases breathtaking panoramic ocean, city, and island views from every level. Expansive floor-to-ceiling sliding doors seamlessly fold, opening the home to sweeping vistas from the outdoor terrace. The interiors boast soaring 10-foot ceilings, wide-plank wood floors, automated shades, Lutron lighting, and a state-of-the-art Savant smart home system. The gourmet Italian kitchen is a chef's dream, featuring sleek cabinetry, Wolf and Miele appliances, Sub-Zero refrigeration, and a butler's pantry with ample storage. The primary suite is a private sanctuary, offering blackout shades and a serene ocean-view terrace. The spa-inspired marble bath is designed for ultimate relaxation, complete with radiant heated floors, a soaking tub with breathtaking views, and a heated towel rack. Designed for resort-style living, the 15' x 45' infinity-edge pool and spa are complemented by an outdoor kitchen, automated sunshades, and lush landscaping. Additional highlights include a media room with a bar, a home gym with an infrared sauna, a security system, solar panels with LG Powerwall backup, and extensive drainage and irrigation systems. A true Riviera masterpiece, blending luxury, innovation, and sustainabilityjust minutes from downtown Santa Barbara.

C
Cristal Clarke
Listing Agent

Price History

Date
Event
Price
01/05/18
Sold
$2,515,000
09/01/17
Sold
$1,900,000
Condition Rating
Excellent
This property, built in 2020, is a newly constructed contemporary masterpiece. The description highlights cutting-edge technology, a state-of-the-art Savant smart home system, and high-end finishes throughout. The gourmet Italian kitchen features sleek cabinetry, Wolf and Miele appliances, and Sub-Zero refrigeration. The spa-inspired marble primary bath includes radiant heated floors, a soaking tub, and a heated towel rack. All components, from wide-plank wood floors and Lutron lighting to solar panels with LG Powerwall backup, are new or virtually new, meeting the highest current quality standards with no deferred maintenance or physical depreciation. The images confirm a pristine, luxurious, and modern aesthetic in every room, especially the kitchen and bathrooms, which are top-of-the-line.
Pros & Cons

Pros

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 = 15681, living area = 3775.
Panoramic Views: Offers breathtaking panoramic ocean, city, and island views from every level, significantly enhancing its appeal and value.
New Construction & Modern Luxury: A newly built (2020) contemporary masterpiece featuring unparalleled elegance, cutting-edge technology, and high-end finishes throughout.
Resort-Style Amenities & Smart Home: Equipped with a 15' x 45' infinity-edge pool and spa, outdoor kitchen, media room with bar, home gym with infrared sauna, and a state-of-the-art Savant smart home system.
Prime Riviera Location: Perched atop Santa Barbara's prestigious Riviera, offering exclusivity and convenience, just minutes from downtown Santa Barbara.
Sustainability & Efficiency: Includes solar panels with LG Powerwall backup, extensive drainage and irrigation systems, blending luxury with environmental consciousness.

Cons

Exclusivity of Price Point: The extremely high list price of $7.95 million significantly narrows the potential buyer pool to a very niche market segment.
Ongoing Maintenance Complexity: The extensive high-tech systems, luxury amenities, and sophisticated landscaping will likely require specialized and potentially costly ongoing maintenance.
Relative Lot Size: While a decent size at 0.36 acres, for a property of this caliber and price in the Riviera, some ultra-luxury buyers might seek a more expansive, private estate-sized lot.
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