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1121 Las Alturas Rd, Santa Barbara, CA 93103

Sale Price: $4,100,000
Jul 5, 20244,549 sqft5 beds5 baths
Listed by: Marsha Kotlyar
License #: 01426886
Phone #: 805-565-4014
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: 24411631

Property Description

Perched atop the Riviera with jaw dropping ocean views, this premier 1930's home celebrates timeless Spanish colonial architecture paired with European elegance. Recently featured in the New York Times, 'Cresta De La Barranca,' a notable Winsor Soule triumph, sits on 1.7 acres, enjoys 5 beds and 4.5 baths, and offers a separate garage and carriage structure. Privately tucked off the street, many original period details have been lovingly preserved, from the old stone walls to vintage hand-painted tiles, this undeniably special property is imbued with romance and history. Immediately upon entry, the impressive great room, accented with a grand fireplace and Cathedral ceilings, draws your eye to the staggering views. The formal dining room is complete with a fireplace and rich beamed ceilings, inspiring dinner parties and intimate nights alike. The main level primary suite enjoys sweeping ocean views, a Juliet balcony, and cedar-lined closets. In addition to one ensuite bedroom, the third bedroom acts as a private space with a loft, view balcony, bath, and its own private entrance. Retreat to the lower level, where you'll find the handsome wood-paneled library/game room, equipped with a fireplace, wet bar, safe, and original light fixtures.As if stepping into a Slim Aarons photograph, French doors open to the expansive patio, perfected with a Roman pool and head-on views. Two guest bedrooms and a bath are easily accessed right off the pool terrace. Reminiscent of the Italian countryside, the terraced gardens are dotted with numerous fruit trees, old oaks, specimen plantings, large succulents, meandering pathways, and patios perfect for dining al fresco. Along with a detached two-car garage, a separate one-car garage with bonus room and a full bath offers potential for a future studio space. This special architectural property is destined to be enjoyed by an expert eye searching for something truly significant.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$52,635

TurboHome Estimated Value

$4,254,500

$935 sqft

High Valuation
$4,467,225
$982/sqft
Normal Valuation
$4,254,500
$935/sqft
Low Valuation
$4,041,775
$888/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$935/sqft$4,254,500

Neighborhood: Riviera

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Comparative Value

$2.70M

$4.10M

$5.00M

$5.31M

1105 Las Alturas Rd, Santa Barbara, CA 93103

Sale Price: $2,700,000

Selected Comparable

1121 Las Alturas Rd, Santa Barbara, CA 93103

Sale Price: $4,100,000

Selected Comparable

1121 Las Alturas Rd, Santa Barbara, CA 93103

List Price: $5,000,000

Subject Property

1300 Dover Hill Rd, Santa Barbara, CA 93103

Sale Price: $5,094,375

Selected Comparable

1530 Franceschi Rd, Santa Barbara, CA 93103

Sale Price: $5,312,500

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1121 Las Alturas Rd, Santa Barbara, CA 93103

1121 Las Alturas Rd, Santa Barbara, CA 93103

List: $5,000,000

Listed: 7/5/2024

Area:4,549 sqft
Price/sqft:$1,099
Beds:5
Baths:5
Year Built:
Lot Size:74,052

Comparable Properties

COMPARABLE
Choose comps
1121 Las Alturas Rd, Santa Barbara, CA 93103

1121 Las Alturas Rd, Santa Barbara, CA 93103

Sale: $4,100,000

8/27/20240.00 mi

Area:4,549 sqft
Price/sqft:$901
Beds:5
Baths:5
Year Built:
Weight:30.4%
1300 Dover Hill Rd, Santa Barbara, CA 93103

1300 Dover Hill Rd, Santa Barbara, CA 93103

Sale: $5,094,375

4/3/20250.42 mi

Area:5,000 sqft
Price/sqft:$1,019
Beds:5
Baths:5
Year Built:
Weight:28.7%
1105 Las Alturas Rd, Santa Barbara, CA 93103

1105 Las Alturas Rd, Santa Barbara, CA 93103

Sale: $2,700,000

9/20/20240.05 mi

Area:4,261 sqft
Price/sqft:$634
Beds:4
Baths:5
Year Built:
Weight:23.5%
1530 Franceschi Rd, Santa Barbara, CA 93103

1530 Franceschi Rd, Santa Barbara, CA 93103

Sale: $5,312,500

1/15/20250.54 mi

Area:5,339 sqft
Price/sqft:$995
Beds:4
Baths:4
Year Built:
Weight:17.5%

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