ActiveResidential · sale

3966 Laguna Blanca Drive

Santa Barbara, CA 93110

$5,399,000

  • 5 beds
  • 5 baths
  • 3,974 sq ft
  • 1.07 acres
  • Built 1970

Listed by Anca C. Horovitz · MLS #SR25043118

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The living room features a striking fireplace and opens to the outdoor terrace, while the formal dining room overlooks the pool and gardens.

Details worth a look

Privately set on just over an acre of lush, mature landscaping, this Spanish-style residence offers nearly 4,000 square feet of light-filled living space with serene garden and hillside views.

Year built

Built in 1970.

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

THE PROPERTY

Get to know the property.

Welcome to 3966 Laguna Blanca Drive, a rare opportunity to own a classic Hope Ranch estate that blends timeless Santa Barbara charm with exceptional potential. Privately set on just over an acre of lush, mature landscaping, this Spanish-style residence offers nearly 4,000 square feet of light-filled living space with serene garden and hillside views.



Built in 1970, the home combines authentic craftsmanship with the relaxed sophistication that defines Hope Ranch living. Vaulted wood-beamed ceilings, arched openings, and natural light create an inviting sense of warmth and space. The living room features a striking fireplace and opens to the outdoor terrace, while the formal dining room overlooks the pool and gardens. The kitchen and breakfast nook serve as the home’s comfortable hub and offer an ideal opportunity for modernization or full redesign.



The residence includes five bedrooms and four and a half baths, thoughtfully designed for privacy and easy flow. The primary suite enjoys vaulted ceilings, a generous en-suite bath, and views of the surrounding landscape. Several guest bedrooms open directly to the outdoors, creating flexibility for multi-generational living, guest quarters, or work-from-home setups. Throughout the interior, original details and quality construction offer a strong foundation for personalization and updates.



Outside, the property feels like a private retreat. A sparkling pool and spa are surrounded by patios, shaded sitting areas, and established gardens. The gently sloping lot allows room for potential expansion, such as a guesthouse, ADU, or enhanced outdoor living spaces. A three-car attached garage and broad motor court add convenience and ample parking.



In good condition and ready for a new vision, this home provides the perfect canvas—whether refreshed in its current style or transformed into a contemporary showpiece.



Hope Ranch offers a rare combination of privacy, prestige, and natural beauty. Residents enjoy 22 miles of equestrian and walking trails, a private beach with lifeguards and kayak storage, tennis courts, and 24-hour neighborhood security—all just minutes from La Cumbre Country Club, downtown Santa Barbara, and the coast.



3966 Laguna Blanca Drive is more than a home—it’s an opportunity to create a lasting estate in one of California’s most exclusive coastal communities, where the timeless beauty of Spanish architecture meets the enduring elegance of Hope Ranch living.

THE NEIGHBORHOOD

Explore the location.

3966 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
1970
Full baths
4
Half baths
1
Garage spaces
3
Cooling
CentralAir
Heating
Central
Flooring
Carpet,Tile
Pool
Yes
Pool features
InGround,Private
Spa
Yes
Subdivision
Santa Barbara: Other (80)
Zoning
1.5-EX-1
Parcel
049270024
HOA
Hope Ranch Park Homes Association
HOA amenities
CallForRules,HorseTrails,Other,PicnicArea,Playground,Security,Storage,TennisCourts
HOA fee frequency
Annually
HOA fee
$3,100.77

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$22,495.83
Cap rate

Annual operating income:

HOA: Includes $258.40 per month in HOA dues, converted from the $3,100.77 annual fee reported by the listing source.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
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
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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3966 Laguna Blanca Drive, Santa Barbara, CA 93110 · MLS #SR25043118

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Listing information

MLS #SR25043118 · 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.