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4488 La Paloma Avenue, SANTA BARBARA, CA 93105

$3,495,000
Property Type: Res Bedrooms: 7 Baths: 6 Square Footage: 5,565 Lot Size (sq. ft.): 173,369 Status: Pending
Current Price: $3,495,000 List Date: 3/18/2026 Last Modified: 4/18/2026

Description

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.

Supplements: 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.

More Information MLS# 26-857

Location Info

Country: US Cross Street: Via Chaparral District: 35 - SB/GOL NORTH Street #: 4488 Street Name: La Paloma Street Suffix: Avenue State: CA Postal Code: 93105 County: Santa Barbara Parcel Number: 059-090-016

Contract Info

Seller Consider Concessions: Yes Affordable Housing: No Current Price: $3,495,000 Price: 3495000 Begin Date: 2026-03-18 Status: Pending

Property Information

Year Built: 1984 Apx # Acres: 3.98 Total #Units: 1 Main House SqFt: 4120 Other Structures SqFt: 1445 Source: Public Records Recurring Fees: No ADU: No Within City Limits: No TYP: Home/Estate Total Bedrooms: 7 Total Bathrooms: 6 Total Full Baths: 6 Total SqFt.: 5565

Neighborhood/Schools

Elementary School: Mtn View Junior High School: LaColina High School: San Marcos

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new Directions: From Cathedral Oaks, go north (towards mountains) on Via Chaparral. Turn Left onto La Paloma. Property is at the far end of the street, up a private drive on the righthand side. Geo Lat: 34.455309 Geo Lon: -119.774338

Condition

Fixer: 1 Updated/Remodeled: 1

Style

Mediterranean: 1

Construction

Split Level: 1

Roof

Tile: 1

Foundation

Slab: 1

Exterior

Stucco: 1

Parking/Garage

Garage: 1 Inside Entrance: 1 Attached: 1

Grounds/Landscaping

Yard Irrigation PRT: 1 Lawn: 1 Fruit Trees: 1

Other Buildings

Second Residence: 1

Patio and Porch Features

Patio Open: 1

Location/Topo

Level: 1 Combo: 1 Foothills: 1

Fencing

Fenced: PRT: 1

View

Ocean: 1 Mountain(s): 1 Setting: 1 Islands: 1

Proximity

Near Bus: 1 Near Hospital: 1 Near Park(s): 1 Near School(s): 1 Near Shopping: 1

Fireplace(s)

2+: 1 Family Room: 1 LR: 1 Primary Bedroom: 1

Water/Sewer

Goleta Wtr: 1 Sewer Hookup: 1

Zoning

E-1: 1

Terms

Cash: 1 Conventional: 1

Heating

Forced Air: 1

Flr/Wdw Coverings

Carpet: 1 Hardwood: 1 Tile: 1

Status Information

Under Contract Date: 2026-04-17

Property Features

Condition: Fixer; Updated/Remodeled Style: Mediterranean Construction: Split Level Roof: Tile Foundation: Slab Exterior: Stucco Fencing: Fenced: PRT Patio and Porch Features: Patio Open Other Buildings: Second Residence View: Ocean; Mountain(s); Setting; Islands Proximity: Near Bus; Near Hospital; Near Park(s); Near School(s); Near Shopping Fireplace(s): 2+; Family Room; LR; Primary Bedroom Heating: Forced Air Zoning: E-1 Terms: Cash; Conventional

Documents

Listing Office: Sotheby's International Realty
IDX
Last Updated: April - 18 - 2026
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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