Five-Bedroom Coastal Retreat in Santa Barbara Sells for $3.99 Million

A five-bedroom coastal retreat in Santa Barbara sold for $3.99 million on December 2, 2025, according to a listing on Redfin. 

Offering ocean, harbor, and city views, the estate spans 3,027 sq. ft. and is located at 150 Cedar Lane, according to the listing. 

The single-level home features four bedrooms, including a primary bedroom with a private deck, and three bathrooms. An exterior staircase leads to the fifth bedroom that can also be used as a junior accessory dwelling unit. 

The kitchen includes a breakfast bar and is equipped with appliances, such as a refrigerator, gas range, dishwasher, dryer, microwave, and water purifier. 

The living and dining areas are framed by French doors and are designed to capture abundant natural light.  

The residence is surrounded by mature, manicured hedges and fruit trees in the gardens. 

The estate includes a two-car garage. 

The retreat was designed by architect Robert Senn and interior designer Monica Senn. 

Originally built in 1965, the retreat was renovated in 1975. It secured historic permits in 1994,  1996, and 2011. 

Built in the traditional style, the house is in excellent condition and has an open and covered patio, according to the listing. 

The property was listed by The Kogevinas Group and was bought with Grubb Campbell Real Estate Group. 

Buyer and seller details are not available. 

The estate was listed several times this year and at a considerably higher price than its selling price, according to the listing. In June 2025, it was listed for $5.99 million and again in the same month for $5.29 million. In July 2025, it was listed for $4.85 million and in October for $4.25 million. 

Before it was listed this year, the property sold for $1.3 million in December 2005, after being listed for $1.5 million in July 2005. 

Santa Barbara’s Housing Market

Santa Barbara’s housing market is “somewhat competitive,” according to Redfin. The median sale price of a home in Santa Barbara was around $1.8 million in October 2025, declining by 10.4% since October 2024, the realtor added. 

A total of 52 homes were sold in October 2025, up from 42 in October 2024, Redfin noted. 

The price of a home in Santa Barbara is typically around $1.78 million, down 1.9% from 2024, according to Zillow.  

Santa Barbara is one of the most desirable metros to purchase a home, with nearly 73% of million-dollar listings in September, according to a report by Realtor.com. 

Santa Barbara emerged as one of the most expensive housing markets in the U.S. and the priciest in California, according to a latest ranking.