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  • $7,570,000

    4005 Lago Dr, Santa Barbara, CA 93110

    5beds
    4,600sqft
    Single Family Residence
    Built in 1927
    1.65 Acres Lot
    $7,917,000 Zestimate®
    $1,646/sqft
    $8,325 Estimated rent

    Home value

    $7,917,000

    $7.05M - $8.87M

    $8,325/mo

    Zestimate® history
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    What's special

    Discover a rare opportunity to own a pedigree property in the prestigious Hope Ranch, featuring a stunning 5-bedroom, 7-bath Plunkett home set on 1.65 acres with breathtaking views of the lake, golf course, and mountains. Designed by renowned Santa Barbara architect Joseph Plunkett, this estate, built in 1927 and thoughtfully remodeled, offers a seamless blend of timeless elegance and modern comfort, capturing the essence of full-time resort living or a luxurious second-home retreat. As you arrive at this grand residence, the formal entry warmly welcomes you, with doors opening to both the front and back terraces. Inside, elegant hardwood floors grace the home, exuding timeless beauty. Abundant natural light floods the interiors through numerous doors leading to lush gardens and an oasis-like pool, complete with a slide, fire fountains, a waterfall, a Jacuzzi, and an outdoor sauna. The expansive lawns, framed by majestic oak trees and a range of succulents and fruit trees, provide a perfect setting for relaxation and entertaining. A charming well under the oaks and stone walls adds a touch of whimsy, ideal for hosting parties. The formal living room features vaulted ceilings and a striking fireplace, with French doors that open to both the front and backyard, enhancing the indoor-outdoor living experience. The formal dining room offers panoramic lake views, creating an intimate setting for gatherings. The bright, sunny kitchen boasts large glass skylights and modern upgrades. A spacious island serves as a welcoming centerpiece, inviting guests to gather. Disappearing doors seamlessly connect to the backyard and pool area, where an outdoor fireplace and patio offer an ideal space for alfresco dining. The backyard also features a romantic, ivy-covered pergola with lights, providing an enchanting setting for intimate events or dinner parties. The upstairs primary suite is a private retreat with a large deck offering serene views of the golf course, lake, and mountains. This suite also includes another fireplace, a built-in reading nook, and a cathedral ceiling. The suite's private balcony and additional bedroom options create opportunities for customization, such as a nursery, separate sitting room, or a luxurious his-and-her closet. The bedrooms throughout the home evoke the ambiance of a boutique hotel, combining elegance with unparalleled comfort. The upstairs guest suite, with its spacious deck, is perfect for hosting visitors. For those who prefer ground-level living, there is a spacious alternative primary suite on the lower level, complete with a fireplace and captivating views of the lake and beyond. This west wing suite offers immediate access to the pool and sauna, combining convenience and luxury. The east wing of the home includes a versatile 4th bedroom or yoga room with private access and the soothing sounds of the fountain, a full bath, an office with stunning views of nature, and a large mudroom. The 5th bedroom, with its own entrance and sitting room, features a remodeled bathroom and a wet bar with a fridge, offering a cozy space for relaxation, a live-in caretaker, longer-term guests, teenagers, or extended family. Additional features include a solar system for energy efficiency and a two-car garage, enhancing the property's functionality. This estate presents a unique opportunity to own a distinguished property designed by a well-known Santa Barbara architect that effortlessly blends luxurious living spaces with outstanding outdoor amenities, offering a true sanctuary in Hope Ranch. Whether for full-time elegance or a charming second-home getaway, the possibilities for entertaining friends and family are limitless in this exquisite property. Info on Hope Ranch Community ~ Hope Ranch is an exclusive, picturesque community known for its sprawling estates and unparalleled natural beauty. Nestled along the stunning Santa Barbara coastline, this prestigious enclave offers residents access to private beaches, equestrian trails, and scenic golf courses. With its serene environment, lush landscapes, and proximity to the vibrant city of Santa Barbara, Hope Ranch provides a luxurious lifestyle where outdoor recreation and refined living seamlessly blend. The community's amenities, including tennis courts and a private club, enhance the exceptional quality of life, making it a sought-after haven for those seeking both tranquility and sophistication.

    Zillow last checked:

    Listing updated:

    Listed by:

    Grubb Campbell Group 01236143 / 01410304 805-565-8879,

    Village Properties

    Bought with:

    Grubb Campbell Group, 01236143 / 01410304

    Village Properties

    Source: SBMLS,MLS#: 24-2613MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Refrigerator, Built-In Gas Range, Dryer, Washer
    • Laundry: Laundry Room
    Features
    • Flooring: Hardwood, Tile
    • Has fireplace: Yes
    • Fireplace features: Living Room, Primary Bedroom, Other, Patio
    Interior area
    • Total structure area: 4,600
    • Total interior livable area: 4,600 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    Features
    • Patio & porch: Deck, Patio Open, Patio Covered
    • Exterior features: Lawn, Yard Irrigation T/O
    • Has private pool: Yes
    • Pool features: Outdoor Pool
    • Has spa: Yes
    • Spa features: Hot Tub
    • Fencing: Partial
    • Has view: Yes
    • View description: Mountain(s), Setting, Golf Course
    Lot
    • Size: 1.65 Acres
    • Features: Level
    • Topography: Level
    Details
    • Parcel number: 063043004
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish,Estate
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Mixed
    • Roof: Tile
    Condition
    • Excellent
    • Year built: 1927

    Utilities & green energy

    • Sewer: Septic In
    • Water: La Cumb Wtr

    Community & neighborhood

    Location
    • Region: Santa Barbara
    • Subdivision: 25 - Hope Ranch

    Other

    Other facts
    • Listing terms: Cash,Ctnl

    Price history

    DateEventPrice
    7/7/2025Listing removed$37,000$8/sqft
    Source: Zillow Rentals Report a problem
    2/28/2025Listed for rent$37,000$8/sqft
    Source: SBMLS #25-867 Report a problem
    2/25/2025Sold$7,570,000-4.8%$1,646/sqft
    Source: SBMLS #24-2613 Report a problem
    1/31/2025Pending sale$7,950,000$1,728/sqft
    Source: SBMLS #24-2613 Report a problem
    8/7/2024Listed for sale$7,950,000+57.4%$1,728/sqft
    Source: SBMLS #24-2613 Report a problem
    1/1/2018Listing removed$5,050,000$1,098/sqft
    Source: Village Properties #17-1120 Report a problem
    4/5/2017Listed for sale$5,050,000+51.9%$1,098/sqft
    Source: Village Properties #17-1120 Report a problem
    8/29/2014Sold$3,325,000-5%$723/sqft
    Source: Public Record Report a problem
    2/6/2014Listing removed$3,500,000$761/sqft
    Source: Village Properties #13-1255 Report a problem
    11/1/2013Price change$3,500,000-7.9%$761/sqft
    Source: Village Properties #13-1255 Report a problem
    4/19/2013Listed for sale$3,800,000+3.3%$826/sqft
    Source: Village Properties #196015 Report a problem
    11/24/2012Listing removed$3,679,000$800/sqft
    Source: Coldwell Banker Residential Brokerage - Santa Barbara #12-1696 Report a problem
    5/25/2012Listed for sale$3,679,000$800/sqft
    Source: Coldwell Banker Residential Brokerage - Santa Barbara #12-1696 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$42,841 +2%$3,996,143 +2%
    2024$42,000 +1.9%$3,917,788 +2%
    2023$41,225 +1.9%$3,840,970 +2%
    2022$40,449 +3.7%$3,765,658 +2%
    2021$38,989 +1.1%$3,691,822 +1%
    2020$38,575 +3.1%$3,653,968 +2%
    2019$37,427 +2%$3,582,322 +2%
    2018$36,693 +1.9%$3,512,082 +2%
    2017$36,002 +2.7%$3,443,219 +2%
    2016$35,064 +26.3%$3,375,706 +1.5%
    2015$27,758 $3,325,000 +25.5%
    2014$27,758 $2,650,000 +5%
    2012-- $2,524,000 -4.8%
    2011-- $2,650,000 +5.4%
    2010-- $2,515,000 -8.4%
    2009-- $2,744,907 +4.6%
    2008-- $2,623,635 +3%
    2007-- $2,548,369 +3.4%
    2006-- $2,464,089 +2%
    2005-- $2,415,774 +3.9%
    2003-- $2,325,000 +104.9%
    2002-- $1,134,913 +2%
    2001-- $1,112,660 +2%
    2000-- $1,090,844

    Find assessor info on the county website

    Neighborhood: 93110

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Vieja Valley
    • Middle: LaColina
    • High: San Marcos

    Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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