Bluff-Front Hope Ranch Estate Finally Sells—for $22 Million Off the 2017 Asking Price

Last week’s sales….

4347 MARINA DRIVE
1970 six-bedroom by Wallace Neff on the bluff’s edge in Hope Ranch. It has striking moments—like that guest house bunker—but the finishes are over the top.
Listed: $32.75 million in 2017, and then withdrawn, relisted (for as low as $15.995 million in April 2025), and put up for rent multiple times over the years.
Closed: $10.75 million.

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1625 EAST VALLEY ROAD
Off-market sale of 1975 single-story three-bedroom with a driveway off Live Oaks Road.
Listed: N/A.
Closed: $8.35 million.

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125 VIA ALICIA
Townhouse with upstairs primary in the Loma Alicia gated community.
Listed: $4.795 million in April 2025, cut to $4.495 million in August 2025.
Closed: $4.375 million.

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2416 MEDCLIFF ROAD
1957 three-bedroom with ADU a brief walk from the Mesa Lane beach steps.
Listed: $3.425 million in September 2025.
Closed: $3.05 million.

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1378 SYCAMORE CANYON ROAD
1995 four-bedroom (with guest house) just above the APS roundabout. The seller paid $2.203 million in February 2025 and did renovations.
Listed: $3.45 million in August 2025, cut twice to $3.05 million.
Closed: $3.075 million.

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743 ALTURAS DEL SOL
Classic Barry Berkus—maybe a compliment, maybe not—built in 1976 on the Riviera.
Listed: $4.495 million in November 2024, cut five times to $2.995 million.
Closed: $2.9 million.

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2685 MONTROSE PLACE
Likely spec reno in Mission Canyon purchased for $1.675 million in April 2024.
Listed: $3.1 million in December 2025.
Closed: $2.845 million.

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2211 LILLIE AVENUE
Three-bedroom toward the western end of Summerland; it’s one of those houses where the parking area is up above, with an amazing view. It’s approaching hot potato status, having previously sold in June 2025 (for $3.2 million) and May 2022 ($2.3 million).
Listed: $3.495 million in April 2025, cut three times to $2.825 million.
Closed: $2.7 million.

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1019 BELMONTE DRIVE
Off-market sale of 1975 four-bedroom, two-bath above the Westside.
Listed: N/A.
Closed: $2.65 million.

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1911 MOUNTAIN AVENUE
Off-market sale of likely spec reno on the edge of the Westside; the seller paid $1.5 million in May.
Listed: N/A.
Closed: $2.4 million.

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608 CAMINO CAMPANA
1963 three-bedroom just to the northwest of Goleta city limits.
Listed: $2.195 million in November 2025.
Closed: $2.21 million.

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2325 EDGEWATER WAY
The West Mesa house with the horses above the garage.
Listed: $3 million in May 2025, cut three times to $2.25 million.
Closed: $2.168 million.

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7 Comments

Pete

4347 Marina Dr selling for $1000 sq ft seems off. There had to be something funky going on.

Reply
BW

I totally agree and came to write a similar comment. Deal of the century right there. There’s something we don’t know.

Reply
Paul

The property has building violations on, and the property was held by a bank that wanted out after foreclosing on the previous owner.

Reply
Location

Check out the lot lines. That is a constrained street locked parcel. Every other parcel on that street has oceanfront property and most have direct beach access. 4347 is landlocked.

Reply
Steve

We looked at the property and it needs a lot of work. There was mold and water leaks, no beach access and all kinds of issues making it a problem property for someone budget minded. Great views however and a beautiful neighborhood. Do some homework and you will find the original house built on the site and the modern upgrades are now all very dated. A 10 million dollar fixer for sure.

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