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4005 Lago Drive, SANTA BARBARA, CA 93110

$7,570,000
Property Type: Res Bedrooms: 5 Baths: 7 Square Footage: 4,600 Lot Size (sq. ft.): 71,874 Status: Closed
Current Price: $7,570,000 List Date: 8/07/2024 Last Modified: 2/27/2025

Description

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

Supplements: 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.

More Information MLS# 24-2613

Location Info

Country: US Compass Map: Santa Barbara Map Grid: L11 Cross Street: Estrella Drive Development Name: Hope Ranch Assoc District: 25 - HOPE RANCH Street #: 4005 Street Name: Lago Street Suffix: Drive State: CA Postal Code: 93110 County: Santa Barbara Parcel Number: 063-043-004

Contract Info

Seller Consider Concessions: Yes Affordable Housing: No Current Price: $7,570,000 Price: 7950000 Begin Date: 2024-08-07 Status: Closed

Status Information

Financing: Cash Sold Date: 2025-02-25 Sold Price: $7,570,000 Under Contract Date: 2025-01-27

Property Information

Year Built: 1927 Apx # Acres: 1.65 Total #Units: 1 Main House SqFt: 4600 Source: Other/See Remarks Recurring Fees: Yes ADU: No Within City Limits: No TYP: Home/Estate Total Bedrooms: 5 Total Bathrooms: 7 Total Full Baths: 5 Total Half Baths: 2 Total SqFt.: 4600

Neighborhood/Schools

Elementary School: Vieja Valley Junior High School: LaColina High School: San Marcos

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new Directions: Las Palmas, to Lago Drive. Geo Lat: 34.429313 Geo Lon: -119.756957

Condo/CO-OP/PUD

Association Fee (Historic): 2674.24 Assoc Transfer Fee (Historic): CLA

Condition

Excellent: 1

Style

Spanish: 1 Estate: 1

Construction

Two Story: 1

Roof

Tile: 1

Foundation

Mixed: 1

Exterior

Stucco: 1

Parking/Garage

Gar #2: 1 Attached: 1

Pool Features

Pool: 1

Grounds/Landscaping

Yard Irrigation T/O: 1 Hot Tub: 1 Lawn: 1

Patio and Porch Features

Deck: 1 Patio Open: 1 Covered: 1

Location/Topo

Level: 1 Combo: 1

Fencing

Fenced: PRT: 1

View

Mountain(s): 1 Setting: 1 Golf Course: 1

Site Improvements

Public: 1

Proximity

Near Ocean: 1 Near Park(s): 1 Near School(s): 1 Near Shopping: 1 Restaurants: 1

Rooms

Den: 1 Ground Floor Bedroom: 1 Office: 1

Dining

Formal: 1 In Kitchen: 1

Laundry

Laundry Room: 1

Amenities

Solar PV: 1

Interior Features

Cathedral Ceilings: 1

Appliances Included

Built-In Gas Range: 1 Dryer: 1 Refrigerator: 1 Washer: 1

Fireplace(s)

2+: 1 LR: 1 Other: 1 Patio: 1 Primary Bedroom: 1

Water/Sewer

La Cumb Wtr: 1 Septic Tank: 1

Assoc/Park Amenities

Tennis Court(s): 1 Other: 1

Assoc/Park Fee Incl

Security: 1 Other: 1

Zoning

R-1: 1

Sales Excludes

Potted Plants: 1 Other: 1

Terms

Cash: 1 Conventional: 1

Cooling

Ceiling Fan(s): 1

Heating

Forced Air: 1

Flr/Wdw Coverings

Hardwood: 1 Tile: 1

NeighborhoodSchools

Neighborhood: 25 - Hope Ranch

Property Features

Condition: Excellent Style: Spanish; Estate Construction: Two Story Roof: Tile Foundation: Mixed Exterior: Stucco Fencing: Fenced: PRT Patio and Porch Features: Covered; Deck; Patio Open View: Mountain(s); Setting; Golf Course Site Improvements: Public Proximity: Near Ocean; Near Park(s); Near School(s); Near Shopping; Restaurants Rooms: Den; Ground Floor Bedroom; Office Dining: Formal; In Kitchen Laundry: Laundry Room Amenities: Solar PV Interior Features: Cathedral Ceilings Appliances Included: Built-In Gas Range; Dryer; Refrigerator; Washer Fireplace(s): 2+; LR; Other; Patio; Primary Bedroom Cooling: Ceiling Fan(s) Heating: Forced Air Pool Features: Pool Zoning: R-1 Sales Excludes: Potted Plants; Other Terms: Cash; Conventional
Listing Office: Village Properties
IDX
Last Updated: February - 27 - 2025
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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