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3978 Laguna Blanca Dr, Santa Barbara, CA, 93110

12beds
12baths
8,735sqft
$9,995,000
$1,144price/sqft
$63,016/moest. monthly cost
$2,520,640/yrincome needed

About This Home

Welcome to 3978 Laguna Blanca Drive, a remarkable Hope Ranch estate set on approximately 1.23 acres of private, landscaped grounds for the first time on the market in 50 years! Offering approximately 8,735 square feet of living space, this expansive residence features twelve bedrooms and twelve bathrooms with a flexible floor plan ideal for grand-scale living, entertaining, or multi-generational use. Built in 1970, the home showcases generous living areas, abundant natural light, multiple fireplaces, and seamless indoor-outdoor flow. A sweeping motor court, pool, and mature landscaping create a true sense of retreat. Located within Hope Ranch, residents enjoy private beach access, equestrian trails, tennis courts, and 24-hour security just minutes from downtown Santa Barbara. 3978 Laguna Blanca Drive presents a rare opportunity to own one of Hope Ranch's most substantial residential estates, privately sited on approximately 1.23 acres in one of Santa Barbara's most prestigious coastal communities. Offering approximately 8,735 square feet of living space, this expansive home combines scale, privacy, and versatilityproviding an exceptional foundation for refined living or future personalization. Built in 1970, the residence is defined by its generous proportions and thoughtfully arranged floor plan. With nine bedrooms and nine bathrooms, the home is well suited for large households, extended family living, guest accommodations, or a variety of lifestyle needs including offices, studios, or wellness spaces. Multiple fireplaces and spacious common areas create warmth and comfort while allowing for effortless entertaining on both intimate and grand scales. Natural light fills the interior, enhancing the home's open feel and connection to the surrounding landscape. The layout offers excellent flow between living spaces, with the flexibility to modernize, reconfigure, or enhance the property to suit a wide range of architectural visionsfrom a refreshed classic estate to a fully reimagined contemporary retreat. Outdoors, the property unfolds as a private sanctuary. Expansive lawns, mature landscaping, and garden areas frame a swimming pool and generous patio spaces ideal for outdoor dining, relaxation, and recreation. The grounds offer ample room for enhanced outdoor living, additional amenities, or further estate-level improvements, all while maintaining a sense of privacy and seclusion. A broad motor court provides a gracious arrival and ample parking, reinforcing the estate character of the property. The combination of land, scale, and setting makes this home a truly rare offering within Hope Ranch. Residents of Hope Ranch enjoy a lifestyle unlike any other in Santa Barbara. Community amenities include approximately 22 miles of equestrian and walking trails, a private beach with lifeguards and kayak storage, tennis courts, and 24-hour neighborhood security. All of this is conveniently located just minutes from La Cumbre Country Club, downtown Santa Barbara, shopping, dining, and the coastline. 3978 Laguna Blanca Drive offers a unique opportunity to own a legacy property in one of California's most coveted neighborhoodswhere space, privacy, and coastal elegance come together to create enduring value.

Getting Around

1
WalkingCar-Dependent
33
TransitSome Transit
32
BikeSomewhat Bikeable

Schools

10/10
8/10
7/10

Construction

Condition

  • Property condition: Average
  • Year built: 1970

Materials

  • Roof: Tile

Type & Style

  • Home type: SingleFamily
  • Architectural style: Spanish
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Dryer,Gas Cooktop,Washer
  • Laundry features: Other,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 12
  • Full bathrooms: 11
  • 1/2 bathrooms: 1

Features

  • Cathedral Ceiling(s)
  • Flooring: Carpet,Tile
  • Fireplace features: Living Room,Primary Bedroom
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 8,735
  • Total interior livable area: 8,735 sqft

Property

Details

  • Parcel number: 049270023
  • Zoning: R-1

Features

  • Levels: Two
  • Private pool: Yes
  • Pool features: Outdoor Pool
  • Patio & porch: Patio
  • Exterior features: Yard Irrigation PRT
  • Has spa: Yes
  • Spa features: SPA-Outside
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Other,Mountain(s)
  • Topography of land: Downslope, Level

Lot

  • Lot size: 1.23 Acres
  • Features: Level,Sloped Down

Parking

  • Parking features: Garage,Attached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Landslide
Wildfire

FEMA Declared Disasters in Santa Barbara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $50,540$606,480
Home Insurance *$1,617$19,404
Property Taxes $8,986$107,832
Electricity $1,873$22,477
Total$63,016$756,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,160,548/yr
40% on housing$1,890,480/yr
45% on housing$1,680,426/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,144This listing

vs Other Active Listings

Avg $/sqft

ZIP 93110$1,369
Santa Barbara County$1,074

vs Homes Sold Last Month

Median $/sqft

ZIP 93110$1,019
Santa Barbara County$735

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-04Listed for sale$9,995,000

For Sale by Agent

AgentAnca Horovitz
BrokerageAnca C Horovitz

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