Set in the picturesque foothills near San Marcos Foothills Preserve, this ''contractor's special'' is a rare opportunity to revitalize a truly special property! Spanning nearly four acres of usable land, the compound features two residences: a +/-4,120 sq ft main home -- partially damaged by an interior fire in 2024 -- and a fully separate 3-bedroom, 2-bath guest house. With space, privacy, and remarkable natural surroundings, the property offers the ideal canvas to create an extraordinary foothill estate. Surrounded by mature oaks, rolling green hills, mountain vistas, and even peeks of the ocean, the setting feels worlds away while remaining just minutes from the best of Santa Barbara. The spacious parcel provides inspiring views and usable acreage reminiscent of the nearby Santa Ynez Valley lifestyle -- yet with the convenience of town close at hand.
Located within the award-winning Mountain View Elementary School attendance area, the property also offers zoning that may accommodate horses or other unique possibilities. Recent infrastructure improvements include two water meters and sewer upgrades, providing a strong foundation for the next chapter of this exceptional foothill compound.
Closed
$3,406,875
4488 La Paloma Ave, Santa Barbara, CA 93105
7beds
5,565sqft
Single Family Residence
Built in 1984
3.98 Acres Lot
$3,294,700 Zestimate®
$612/sqft
$7,948 Estimated rent
Home value
$3,294,700
$3.13M - $3.46M
$7,948/mo
Zestimate® history
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List your homeWhat's special
Peeks of the oceanRolling green hillsSurrounded by mature oaksMountain vistas
Zillow last checked:
Listing updated:
Listed by:
Dusty Baker Group 01908615 / 02004391 805-570-0102,
Sotheby's International Realty
Bought with:
Non Member Agent
Non Member Office
Source: SBMLS,MLS#: 26-857
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air
Features
- Flooring: Carpet, Hardwood, Tile
- Has fireplace: Yes
- Fireplace features: Living Room, Primary Bedroom, Family Room
Interior area
- Total structure area: 5,565
- Total interior livable area: 5,565 sqft
Property
Parking
- Parking features: Garage, Inside Entrance, Attached
- Has attached garage: Yes
Features
- Patio & porch: Patio
- Exterior features: Lawn, Fruit Trees, Yard Irrigation PRT
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Islands, Ocean, Setting
- Has water view: Yes
- Water view: Islands,Ocean
Lot
- Size: 3.98 Acres
- Features: Level, Near Public Transit
- Topography: Foothills, Level
Details
- Parcel number: 059090016
- Zoning: E-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Level,Mediterranean
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Tile
Condition
- Updated/Remodeled,Fixer
- Year built: 1984
Utilities & green energy
- Sewer: Sewer Hookup
- Water: Goleta Wtr
Community & HOA
Location
- Region: Santa Barbara
Financial & listing details
- Price per square foot: $612/sqft
- Tax assessed value: $3,130,563
- Annual tax amount: $33,958
- Date on market: 3/18/2026
- Cumulative days on market: 31 days
- Listing terms: Conventional,Cash
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Sold | $3,406,875-2.5%$612/sqft |
Source:  SBMLS #26-857 Report a problem | ||
| 4/18/2026 | Pending sale | $3,495,000$628/sqft |
Source: SBMLS #26-857 Report a problem | ||
| 3/18/2026 | Listed for sale | $3,495,000-25.6%$628/sqft |
Source: SBMLS #26-857 Report a problem | ||
| 6/10/2022 | Sold | $4,700,000-2%$845/sqft |
Source: Public Record Report a problem | ||
| 5/4/2022 | Pending sale | $4,795,000$862/sqft |
Source: SBMLS #22-1052 Report a problem | ||
| 4/15/2022 | Price change | $4,795,000-9.5%$862/sqft |
Source: SBMLS #22-1052 Report a problem | ||
| 4/6/2022 | Listed for sale | $5,300,000$952/sqft |
Source: SBMLS #22-1053 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $33,958 -35.2% | $3,130,563 -36% |
| 2024 | $52,440 +8.9% | $4,889,880 +9.5% |
| 2023 | $48,140 +458.9% | $4,465,000 +533.6% |
| 2022 | $8,613 +1.5% | $704,692 +2% |
| 2021 | $8,483 +2.4% | $690,875 +1% |
| 2020 | $8,282 +1.7% | $683,792 +2% |
| 2019 | $8,147 +2.2% | $670,385 +2% |
| 2018 | $7,971 +2.8% | $657,241 +2% |
| 2017 | $7,754 +3.9% | $644,355 +2% |
| 2016 | $7,465 +1% | $631,721 +1.5% |
| 2015 | $7,390 +0.7% | $622,233 +2% |
| 2014 | $7,337 | $610,045 +2.5% |
| 2012 | -- | $595,382 +2% |
| 2011 | -- | $583,709 +0.8% |
| 2010 | -- | $579,348 -0.2% |
| 2009 | -- | $580,725 +2% |
| 2008 | -- | $569,340 +2% |
| 2007 | -- | $558,178 +2% |
| 2006 | -- | $547,235 +2% |
| 2005 | -- | $536,506 +3.9% |
| 2003 | -- | $516,348 +2% |
| 2002 | -- | $506,224 +2% |
| 2001 | -- | $496,299 +2% |
| 2000 | -- | $486,569 |
Find assessor info on the county website
Neighborhood: 93105
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Nearby schools
GreatSchools rating
- 10/10Mountain View Elementary SchoolGrades: K-6Distance: 2.4 mi
- NALearning Tree PreschoolGrades: Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Mtn View
- 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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- California
- Santa Barbara County
- Santa Barbara
- 93105
- 4488 La Paloma Ave
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