Contemporary Luxury Estate on Santa Barbara’s Riviera Hits the Market for $7.95 Million

A contemporary four-bedroom, three-and-a-half bathroom estate in Santa Barbara has hit the market for $7.95 million, according to a listing on Redfin. 

Sitting on 0.36 acres atop Santa Barbara’s Riviera at 945 Arbolado Road, the luxury estate is newly built and equipped with modern technology, according to the listing.

The two-level, 3,356 sq. ft. property was constructed by Allen Construction and enhanced by Cornerstone Landscapers, offering panoramic views of the ocean, city, harbor, and island from every level, the listing stated.

The property features floor-to-ceiling sliding doors that open the home to vistas from the outdoor terrace. The interiors offer 10-foot ceilings, wide-plank wooden floors, automated shades, lighting by Lutron, and an updated smart home system. 

The gourmet Italian kitchen features an open-concept design with cabinetry, Wolf and Miele appliances, Sub-Zero refrigeration, and a butler’s pantry with ample storage.

The primary bedroom features blackout shades and an ocean-facing terrace. It includes a spa-inspired marble bath with heated floors, a soaking tub, and a heated towel rack, according to the listing. 

Offering a resort-style living experience, the estate includes a 15-feet by 45-feet infinity-edge pool and spa, complemented by an outdoor kitchen, automated sunshades, and landscaping.

The estate also features a media room with a bar, a home gym with an infrared sauna, a security system, solar panels, and drainage and irrigation systems. 

The property includes an attached, two-car garage. 

The estate was listed by Cristal Clarke of Berkshire Hathaway HomeServices California Properties. 

Prospective buyers of this property will need a car for almost all their errands, according to the listing. The neighborhood has limited bike infrastructure and a few nearby transit options. 

The home offers tranquility in a designated silent zone, with virtually no nearby noise, and the neighborhood remains calm throughout the day, according to the listing.

The property was first sold in September 2017 for $1.9 million and in January 2018 for $2.51 million, according to the listing. The property was listed at a considerably higher price of $10.5 million in August 2025 and has been listed several times this year with a steady decrease in price. 

Santa Barbara’s Real Estate Market

Santa Barbara is home to one of the most luxurious estates in California and is one of the most expensive housing markets in the country.

The Santa Maria-Santa Barbara region ranked 10th nationally among luxury markets in California, according to the Fall 2025 Wall Street Journal and Realtor.com Luxury Housing Market Ranking. 

Santa Barbara’s coastal appeal, proximity to beaches and mountains, and a high proportion of million-dollar listings makes it one of the most competitive luxury housing markets in California. 

Santa Barbara Santa Barbara’s Riviera is a balanced market, according to Redfin’s estimates. Supply and demand in the real estate market are almost in equal measure. The average home in this area sells for about 4% below its list price, and the average home goes pending in nearly 35 days, Redfin added.