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

New Hope Ranch Oceanfront Price Reduction: 4145 Creciente Drive

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New Hope Ranch Oceanfront Price Reduction: 4145 Creciente Drive

The asking price of 4145 Creciente Drive has been further reduced from $17,250,000 to $14,000,000.

Listed by Compass California Inc. and designed in 1957 by noted award-winning architect Richard E. Johnston, AIA, the 11,574 sq.ft. 6 bedroom home at 4145 Creciente Drive is a luxurious and private island style Contemporary on a gated 4.02 acre parcel with a vast 309′ of ocean frontage located on the Santa Barbara Coast. Features of the estate include a north/south tennis court, sun drenched swimming pool, sprawling lawns, exclusive access to the beach and enchanting bluff top patios. The residence includes the finest of materials blended with soaring ceilings, walls of glass and the richness of handpicked Mahogany. It is situated on one of Hope Ranch’s most desirable oceanfront addresses on a quiet and peaceful oceanfront lane. Over the years this home has proudly hosted and entertained some of the finest dignitaries and scholars in the world.

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History of the Listing

4145 Creciente Drive came on the market at the beginning of February 2015 asking $23,000,000. Its price was reduced in mid August to $21,500,000, in mid May to $19,000,000, in October to $18,000,000 and in November 2016 to $17,250,000. Its price was reduced in August 2017 to $14,000,000.

Previous Sales in the 2000’s

None.

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