
SANTA BARBARA, CA 93110
This Mid-Century Ranch represents a rare market entry in the prestigious Hope School District, listed at $2,295,000 against a $2,154,478 Fair Market Value. Boasting a Condition Rating of 4, the residence is exceptionally well-maintained but retains its original 1963 finishes, offering a significant canvas for modernization and forced appreciation. The property features a .37-acre creek-side lot with direct access to the San Marcos Preserve and community amenities including a pool. This is a premier choice for Owner-Occupants or Value-Add Investors looking to secure a legacy asset in a serene Santa Barbara setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 978 Cocopah Drive Subject | $2,295,000* List Price | 3 | 2 | 1,691 | $1,274 | - |
A 3855 Foothill Road Active | $1,995,000 List Price | 4 | 3 | 1,909 | $1,045 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963 and offered for the first time ever, the property is exceptionally well-maintained but remains largely in its original state. While the architectural bones—such as vaulted wood-plank ceilings, skylights, and large windows—are desirable, the kitchen cabinetry, wall treatments, and carpeting are dated. The home is move-in ready and functional, but it lacks the modern updates to appliances, fixtures, and finishes required for a higher rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16117, living area = 1691.
Situated on a .37-acre lot backing to a peaceful creek with direct access to the 300-acre San Marcos Preserve and located in the prestigious Hope School District.
Residents benefit from six acres of common area, including a pool and recreation room, for a remarkably low annual fee of just $1,150.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1691, other record living area = 1631. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Offered for the first time since 1963, the property likely requires significant updates to meet modern luxury expectations and aesthetic standards.
With a list price of $2.295M for 1,691 square feet, the property commands a premium price point that may be a deterrent for buyers prioritizing interior living space.
First time on the market ever! Tucked down a quiet lane in the sought-after Hope School District, this home backs to a peaceful creek and sits on a picturesque .37-acre parcel surrounded by natural beauty. High ceilings, expansive windows, and skylights create a seamless indoor-outdoor feel, filling the space with natural light and framing serene views. The spacious primary suite enjoys an additional fireplace, walk-in closet and direct access to the private back patio. Enjoy the additional six acres of community common area featuring stunning Mountain views, a sparkling pool, a recreation room, and beautiful green belts - all for a low fee of 1,150 PER year. Oversized 2-car garage. Direct access to the San Marcos Preserve, 300+ acres of open space & trails.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 3.0 | 30% |
| Square foot | 1,691 | 2,458 | 33% |
| Lot Size | 16,117 | 12,632 | 53% |
| Price | $2.29M | $2.23M | 53% |
| Price per sq ft | $1.4K | $1.1K | 84% |
| Built year | 1963 | 1967 | 40% |
| HOA | $1150 | $100 | 63% |
| Days on market | 7 | 180 | 2% |
Apr 15, 2026
$2,295,000
Initial Listing