A blog about the Santa Barbara beach real estate market
Kathleen Winter DRE 01022891 805.451.4663

New Hope Ranch Bluff Price Reduction: 4347 Marina Drive

New Hope Ranch Bluff Price Reduction: 4347 Marina Drive

The asking price of 4347 Marina Drive has been reduced from $32,750,000 to $24,900,000.

Listed by Goodwin & Thyne Properties, 4347 Marina Drive is a recently remodeled and expanded 5 bedroom/6.5 bath Contemporary originally designed by Wallace Neff in 1970. The home has the living, dining, kitchen and 4 bedroom suites all on the main floor. The remodel included resurfaced floors, re-plastered walls, all new systems, custom cabinetry, tile, stone and marble work along with a state of the art kitchen, wine storage and luxurious bathrooms. A lower level was created to host the new high-end theater, wine cellar and a luxury spa with easy access by either of 2 staircases or 2 glass elevators. The 1.5 acre parcel is beautifully landscaped with pool, ocean view guest house, water features, lawns and gardens.

For further information, please click 4here.

History of the Listing

4347 Marina Drive came on the market in June 2017 asking $32,750,000. Its price was reduced in January 2018 to $24,900,000.

Previous Sales in the 2000’s

Prior to its complete remodel and expansion, 4347 Marina Drive sold in April 2007 for $7,500,000 and August 2005 for $7,750,000.