 The main stretch of road through Hope Ranch is Las Palmas/Marina Drive, a palm tree-lined stretch of roadway along which runs the coastal bike route.Hope Ranch is home to La Cumbre Country Club and Laguna Blanca School, an independent day school, which was founded in 1933.In addition to being one of the most expensive neighborhoods in Santa Barbara, Hope Ranch is one of the wealthiest areas in California; the median home price was $2.61 million in 2006.