4045 Lago Dr Santa Barbara, CA 93110
Hope Ranch Neighborhood
5
Beds
4
Baths
3,630
Sq Ft
1.57
Acres
Highlights
- Property is near an ocean
- Golf Course View
- Fruit Trees
- Vieja Valley Elementary School Rated A
- Updated Kitchen
- Property is near a park
About This Home
As of June 2025Commanding celestial lakeside panoramas of La Cumbre Country Club & golf course in Hope Ranch, this striking architectural gem stands as an exquisite showpiece of celebrated Santa Barbaran, Joseph Plunkett. Plunkett, whose prolific work includes the Arlington Theatre and the original terminal at the Santa Barbara Municipal Airport, designed the home in 1928 in collaboration with his partners at the time, William Edwards and Henry Howell. The 5 bed/4 bath Spanish Colonial Revival-style home bears the widely admired trademarks of its designers: graceful arches, romantic balconies & stairways, hand-hewn woodwork, and ornamental details of tile & iron. Offering more than 3,600 sq. ft., the residence is intimate in scale yet comfortably spacious. Lovingly maintained and restored by the same owner for nearly 50 years, the soul of this historic home has been beautifully preserved, presenting a truly exceptional opportunity in an already rarely available neighborhood. Spend just a few moments on this enchanting property and you'll find it difficult not to fall in love.
At the end of a gently meandering front walkway, guests are welcomed to a serene courtyard enveloped by lush landscaping, a front facade with enormous arched windows, and an impressive curved staircase leading to an upper balcony. Turn around to be swept away by verdant views of the lake, La Cumbre golf course, and the majestic silhouette of the Santa Ynez Mountains. At the end of the courtyard, a charming arched front doorway beckons discovery of what lies inside the home's historic walls. Step through the foyer into a high-ceilinged living room featuring dramatic open beams, a corner fireplace, and breathtaking views to the outside. Arguably the focal point of the residence, the living room provides access to both wings of the home, the upper level primary suite, and the enticing rear patio. On the other side of the foyer is a hallway leading to 3 main-level bedrooms and 2 bathrooms. Beyond the living room is the formal dining room and breakfast area, both offering idyllic views to the exterior. An adjacent chef's kitchen leads to the other wing of the home, where various renovations provide modern amenities while paying homage to the home's original features, including arched doorways and hand-hewn beams with wrought-iron details. What was once a breezeway to the garage has been enclosed with large windows, creating a cozy family room area, as well as view-lined passage to an additional bedroom and bathroom, a laundry room, a custom wine room, and a 2-car garage with additional storage. Upstairs, just beyond the living room balcony, the primary suite offers a secluded getaway featuring an exterior balcony with lake views, a sitting area, a walk-in closet, and a bathroom with dual sinks and additional closet space.
At numerous locations throughout the home, residents and guests are lured outward to enjoy inviting alfresco spaces. Various sitting areas, an outdoor fireplace, a built-in barbecue, large shady oak trees, and an expansive grassy lawn at the west end of the home ensure nearly endless opportunities to relax and entertain, all within the serene privacy for which Hope Ranch is known and esteemed. Clearly, the legacy of this remarkable estate extends far beyond the walls of its vintage home or its 1.5-acre parcel. It offers a truly evocative connection to a bygone era and for its next fortunate resident the rare chance to own and enjoy a paradisal piece of Santa Barbara history.
Last Agent to Sell the Property
Sotheby's International Realty License #01908615 / 02004391 Listed on: 08/14/2023
Last Buyer's Agent
Village Properties License #01815307 / 01447045 / 01954177 / 01951069
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,541
Year Built
- Built in 1928
Lot Details
- 1.57 Acre Lot
- Fruit Trees
- Wooded Lot
- Lawn
- Property is in excellent condition
HOA Fees
- $223 Monthly HOA Fees
Parking
- Direct Access Garage
Property Views
- Golf Course
- Woods
- Mountain
Home Design
- Spanish Architecture
- Tile Roof
- Stucco
Interior Spaces
- 3,630 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Multiple Fireplaces
- Double Pane Windows
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Remodeled Bathroom
- 4 Full Bathrooms
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Property is near an ocean
- Property is near a lake
- Fireplace in Patio
- Patio
- Built-In Barbecue
Location
- Property is near a park
- Property is near schools
- Property is near shops
Schools
- Vieja Valley Elementary School
- Lacolina Middle School
- San Marcos High School
Utilities
- Forced Air Heating System
- Gravity Heating System
- Septic System
Listing and Financial Details
- Assessor Parcel Number 063-043-002
Community Details
Overview
- 25 Hope Ranch Subdivision
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2023
Closed on
Jul 29, 2024
Sold by
Raymond C Freeman Jr Trust and Mary E Freeman Trust
Bought by
Chandler Family Trust and Chandler
Seller's Agent
Dusty Baker
Sotheby's International Realty
Buyer's Agent
Robert Riskin
Village Properties
List Price
$7,995,000
Sold Price
$6,272,550
Premium/Discount to List
-$1,722,450
-21.54%
Views
586
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $6,273,000 | Chicago Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | Sold | $6,300,973 | -6.7% | $1,736 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 06/07/2025 06/07/25 | Off Market | $6,750,000 | -- | -- |
| 04/02/2025 04/02/25 | For Sale | $6,750,000 | +7.6% | $1,860 / Sq Ft |
| 08/06/2024 08/06/24 | Sold | $6,272,550 | -10.3% | $1,728 / Sq Ft |
| 07/02/2024 07/02/24 | Pending | -- | -- | -- |
| 03/26/2024 03/26/24 | Price Changed | $6,995,000 | -12.5% | $1,927 / Sq Ft |
| 03/25/2024 03/25/24 | For Sale | $7,995,000 | 0.0% | $2,202 / Sq Ft |
| 03/13/2024 03/13/24 | Off Market | $7,995,000 | -- | -- |
| 10/02/2023 10/02/23 | Price Changed | $7,995,000 | -11.1% | $2,202 / Sq Ft |
| 08/14/2023 08/14/23 | For Sale | $8,995,000 | -- | $2,478 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $4,541 | $411,158 | $100,119 | $311,039 |
| 2022 | $4,379 | $403,097 | $98,156 | $304,941 |
| 2021 | $4,221 | $395,194 | $96,232 | $298,962 |
| 2020 | $4,176 | $391,143 | $95,246 | $295,897 |
| 2019 | $4,053 | $383,475 | $93,379 | $290,096 |
| 2018 | $3,973 | $375,957 | $91,549 | $284,408 |
| 2017 | $3,827 | $368,586 | $89,754 | $278,832 |
| 2016 | $3,766 | $361,360 | $87,995 | $273,365 |
| 2015 | $3,725 | $355,933 | $86,674 | $269,259 |
| 2014 | -- | $348,962 | $84,977 | $263,985 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Riskin
Seller's Agent in 2025
Robert Riskin
Village Properties
(805) 698-0199
7 in this area
211 Total Sales
-
Nancy Hamilton
N
Buyer's Agent in 2025
Nancy Hamilton
Berkshire Hathaway HomeServices California Properties
(805) 565-4000
1 in this area
1 Total Sale
-
Dusty Baker
D
Seller's Agent in 2024
Dusty Baker
Sotheby's International Realty
(805) 570-0102
13 in this area
110 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-2407
APN: 063-043-002
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