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$3,406,875
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Property 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. 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.
Full Property Details
Full Property Details for 4488 La Paloma Ave
General
- Sold For: $3,406,875
- Status: Closed
- Type: Single Family
- Source: SBAOR
- MLS ID: 26-857
- Added to Site: 49 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Living Room, Primary Bedroom, Family Room
- Flooring: Carpet, Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Lawn, Fruit Trees, Yard Irrigation PRT
Parking
- Attached garage: Yes
- Parking Features: Garage, Inside Entrance, Attached
- Garage Description: Attached
Location
- Area: 35 - SB/GOL NORTH
- County: Santa Barbara
- Cross Streets: Via Chaparral
- Driving 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.
School Information
- Elementary School: Mtn View
- Middle School: LaColina
- High School: San Marcos
Utilities
- Sewer: Sewer Hookup
- Water: Goleta Wtr
Structural Information
- # Buildings: 1
- Architectural Style: Split Level, Mediterranean
- Construction: Stucco
- Exterior Const.: Stucco
- Foundation: Slab
- Roof: Tile
- Square Feet: 5,565
- Living Area: 4,120 Sq. Ft.
- Year Built: 1984
- Property Condition: Updated/Remodeled, Fixer
Lot Features
- Property View: Mountain(s), Islands, Ocean, Setting
- Lot Size (Acres): 3.98
- Lot Size (Sq. Ft.): 173,368.8
- Lot Size: 3.98
- Lot Features: Level, Near Public Transit
- Zoning: E-1
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 059-090-016
Listed by Sotheby's International Realty
Sold by Non Member Office
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Schools
Schools serving 4488 La Paloma Ave
School District:Goleta Union Elementary School District
| Name | Grades | Distance |
|---|---|---|
Mountain View Elementary School, Santa Barbara, CA 5465 Queen Ann Lane, Santa Barbara, CA 93111 | K-6 | 2.4 mi |
La Colina Junior High School 4025 Foothill Road, Santa Barbara, CA 93110 | 7-8 | 1.1 mi |
San Marcos Senior High School 4750 Hollister Avenue, Santa Barbara, CA 93110 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4488 La Paloma Ave
Date
Details
Price
Change
Source
5/05/2026
Sold
$3,406,875
-2.52%
MLS
3/18/2026
Listed
$3,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4488 La Paloma Avenue, Santa Barbara, CA 93105 (MLS# 26-857) is a Single Family property that was sold at $3,406,875 on May 05, 2026. Want to learn more about 4488 La Paloma Avenue? Do you have questions about finding other Single Family real estate for sale in Santa Barbara? You can browse all Santa Barbara real estate or contact a Coldwell Banker agent to request more information.

