ActiveResidential · sale

3980 Laguna Blanca Drive

Santa Barbara, CA 93110

$5,899,000

  • 5 beds
  • 6 baths
  • 4,170 sq ft
  • 1.27 acres
  • Built 1968

Listed by Anca C. Horovitz · MLS #SR25043142

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PROPERTY QUESTIONS & SHOWINGS

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3980 Laguna Blanca Drive, Santa Barbara, CA 93110 · MLS #SR25043142

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The open-concept great room and family room flow seamlessly into spacious dining areas—ideal for entertaining.

Details worth a look

The primary suite enjoys garden views, generous closets, and a private bath—ready to be refreshed with your personal touch.

Year built

Built in 1968.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Nestled in the heart of prestigious Hope Ranch, this expansive single-level residence captures the essence of relaxed California luxury and timeless potential. Resting on over 1.27 acres of lush, park-like grounds framed by mature landscaping, the home enjoys a prime position overlooking the La Cumbre Country Club and golf course, offering peaceful views of rolling greens and surrounding woodlands.



Designed for grand yet comfortable living, the 4,170± sq.ft. residence features soaring vaulted ceilings with exposed beams, walls of glass, and multiple fireplaces that create a warm, inviting atmosphere filled with natural light. The open-concept great room and family room flow seamlessly into spacious dining areas—ideal for entertaining. The galley kitchen with an adjoining breakfast nook provides ample workspace and could easily be reimagined into a chef’s dream kitchen.



With five bedrooms, six bathrooms, including a separate guest or maid’s quarters, this home offers flexibility for multi-generational living, guest hosting, or future redesign. The primary suite enjoys garden views, generous closets, and a private bath—ready to be refreshed with your personal touch.



The interior is in good condition and fully functional, yet it presents a rare opportunity to modernize or reimagine a substantial home in one of Santa Barbara’s most exclusive enclaves. Developers and visionaries will appreciate the solid bones, single-level layout, and generous footprint—ideal for a luxury renovation or contemporary estate transformation.



Outdoors, the residence opens to broad patios, shaded sitting areas, and gently sloping grounds—perfect for adding a pool, outdoor kitchen, or additional amenities. The attached four-car garage and generous driveway provide ample parking and convenience.



Residents of Hope Ranch enjoy private beach access with lifeguards, lockers, and kayak storage, 22 miles of equestrian and walking trails, tennis courts, and 24-hour neighborhood security—all within minutes of downtown Santa Barbara and the coast.



Whether you envision updating this mid-century gem to its original elegance or crafting a world-class modern estate, 3980 Laguna Blanca Drive offers the ideal canvas in a community defined by privacy, prestige, and natural beauty.

THE NEIGHBORHOOD

Explore the location.

3980 Laguna Blanca Drive, Santa Barbara, CA 93110

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1968
Full baths
5
Half baths
1
Garage spaces
4
Cooling
CentralAir
Heating
Central
Flooring
Carpet,Tile
Pool
No
Pool features
None
Spa
No
Subdivision
Santa Barbara: Other (80)
Zoning
1.5-EX-1
Parcel
049270022
HOA
Hope Ranch Park Homes Association
HOA amenities
CallForRules,HorseTrails,Other,PicnicArea,Playground,Security,Storage,TennisCourts
HOA fee frequency
Annually
HOA fee
$3,133.13

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$24,579.17
Cap rate

Annual operating income:

HOA: Includes $261.09 per month in HOA dues, converted from the $3,133.13 annual fee reported by the listing source.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #SR25043142 · California Regional MLS

Listing brokerage: Anca C. Horovitz
Listing agent: Anca Horovitz

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.