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Spiffy $20 Million Spec Reno in Hope Ranch
This article provides an overview of several noteworthy new real estate listings, primarily focusing on high-value properties in the Santa Barbara area, including Hope Ranch. The first property highlighted is 4200 Marina Drive, listed at $19.975 million. This 1971 Mediterranean-style home, situated on 3.48 acres along Estrella Drive, has undergone extensive renovation by the 'Cove House' team. The renovation has transformed the interior into a 'super-fresh turnkey' condition with immaculate surfaces, adopting a neutral, beige aesthetic. Initial observations note the property's size, specifically inquiring about the six bedrooms mentioned in the listing and how the space would feel with personal additions like window treatments and art. The sport court's dimensions and potential uses are also considered. An update following a visit confirms the presence of six bedrooms—four in the main house and two in the guest house—with two main house bedrooms sharing a hallway bath. The interiors are described as adaptable for personal furnishings, and the sport court is verified to be pickleball-sized. The property's flat acreage is identified as a significant asset, with potential for adding an Accessory Dwelling Unit (ADU). The reviewer expresses a desire for more architectural grandeur or personality given the price point but acknowledges the home's move-in ready status, with the caveat that the landscaping would require time to mature.
The second property reviewed is 4020 Cuervo Avenue, priced at $10.995 million. This 1998 home is described as a showcase of Tuscan-style elements, which might be a concern for those preferring minimalist design. Despite the distinct style, the terrace balustrade is noted for its charm, and the peanut-shaped pool is considered appealing. The guest house is also highlighted as a potentially private retreat. A key question raised is the impact of its location on the north side of a Hope Ranch slope. A subsequent visit reveals the Tuscan style to be even more pronounced than depicted in photographs, including 'faux wine barrels.' While much of the decorative style could be updated, replacing the floors is identified as a more substantial undertaking that would significantly alter the home's aesthetic. The property's motor court, situated between the hill and the house with limited windows along that facade, results in less natural light indoors. However, the view from the property is described as magnificent, and the stairs leading to the office/guest house are praised as a particularly charming feature.
Moving to a different area, 52 Miramar Avenue, listed at $4.75 million, captures attention with its four-centered arch, described as having an 'Islamic' feel. This 1919 property boasts a prime location southwest of the Rosewood Miramar Beach. Although marketed as 'recently refurbished,' the laundry room suggests further renovation may be needed. A critical detail for potential buyers is the property's structure as a Tenants In Common interest, granting exclusive right to use the house and gardens, while the current owner retains rights to a separate duplex on the street side of the lot. The article then briefly covers other listings: 316 Vista de la Cumbre, a $2.695 million 1950 three-bedroom with a permitted ADU, noted for its walled front yard, brick terraces, outdoor kitchen, and large primary bedroom; 532 Brinkerhoff Avenue, an 1887 Victorian priced at $2.395 million, featuring three units and described with a peculiar color choice and an odd interior detail (a door opening to a wall); and 6768 Breakers Way, an $7.9 million contemporary beachfront home in Ventura, previously owned by actor Bryan Cranston, notable for its high price for the area and an extravagant description of its precision. Additional brief mentions include 1596 San Leandro Lane, 6660 Gobernador Canyon Road, and 803 Cima Linda Lane, providing a comprehensive look at various market offerings.
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