101 Oceano Avenue Apt 20, SANTA BARBARA, CA 93109, SANTA BARBARA, 93109 - 2 bed, 2 bath
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SANTA BARBARA, CA 93109
Analysis of 101 Oceano Avenue Apt 20, SANTA BARBARA, CA 93109 is currently available with a list price of $1,950,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property is well-maintained and functional, but the interior finishes are significantly outdated. The kitchen features older light wood cabinetry and tile countertops with wide grout lines, and the bathrooms show similar aged styling. While the unit offers exceptional views and move-in readiness, it lacks the modern renovations expected for a premium property, reflecting a condition consistent with updates made 15 to 30 years ago.
The property boasts rare, expansive hilltop views overlooking Leadbetter Beach, the Santa Barbara Harbor, and Shoreline Park, visible from the living area, kitchen, and primary bedroom.
As a single-story end unit with no neighbors living above, this condo offers a level of privacy and quietude rarely found in multi-family housing.
Situated in the desirable Mesa subdivision and available for the first time in decades, this property offers a premier coastal lifestyle in one of Santa Barbara's most sought-after neighborhoods.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 930, other record living area = 972.
The residence relies on a communal coin-operated HOA laundry room rather than having private, in-unit laundry hookups, which may be a drawback at this price point.
The $920 monthly association fee is significant for a 930-square-foot unit, increasing the total monthly carrying costs for the owner.
VIEW - VIEW - VIEW! First time available in decades this hilltop expansive ocean view ground floor two bedroom two bath condo. Beautiful views above Leadbetter beach, from the harbor on the left to Shoreline Park on the right. Galley kitchen with gas range, dishwasher, breakfast bar and views! Spacious living room with fireplace, wood floors and views! Primary bedroom with views and attached bath and shower. Hall bath with shower over tub. Single story end unit with no one above. De-attached carport steps from front door. HOA coin-op laundry room next to unit
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 930 | 1,017 | 50% |
| Lot Size | - | - | 50% |
| Price | $1.95M | $1.12M | 88% |
| Price per sq ft | $2.1K | $1.0K | 88% |
| Built year | 1959 | 1973 | 13% |
| HOA | $920 | $614 | 63% |
| Days on market | 51 | 140 | 13% |
Apr 19, 2026
$1,950,000
$2,000,000
-2% Price Drop
Initial Listing
Mar 2, 2026
$2,000,000
Initial Listing