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1010 Portesuello Avenue, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 3 bed, 3 bath

1010 Portesuello Avenue, SANTA BARBARA, CA 93105 home-pic-0
ACTIVE$2,775,000$2,603/sqft
Est. Value: $2,775,000
%
FairlyEstimate
1010 Portesuello Avenue, SANTA BARBARA, CA 93105
3Beds
3Baths
2,603Sqft
44,866Lot

Price Vs. Estimate

The estimated value ($2,775,000) is $0 (0%) lower than the list price ($2,775,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44866, living area = 2603.
Top Cons:
Potential for Dated Interiors/Systems: Owned by the original owners for 45 years since its 1980 construction, the property likely requires significant updates to its kitchen, bathrooms, and potentially other systems to meet contemporary aesthetic and functional standards.

Compared to the nearby listings

Price:$2.77M vs avg $2.28M (+$495,000)60%
Size:2,603 sqft vs avg 1,799.5 sqft77%
Price/sqft:$1.1K vs avg $1.1K50%

More Insights

Built in 1980 (46 years old).
Condition: The property was built in 1980, making it 44 years old. While well-maintained, the kitchen features original-style wood cabinets, dated tile countertops, an electric coil cooktop, and older built-in appliances (except for a newer refrigerator). The bathrooms also exhibit dated wood vanities, older fixtures, and tile surrounds consistent with the home's age or a renovation 20-30 years ago. The overall interior, including carpeting and light fixtures, is functional but shows signs of being outdated and would benefit from cosmetic updates to meet contemporary standards. The property analysis also notes 'Potential for Dated Interiors/Systems' as a weakness.
Year Built
1980
Close
-
List price
$2.77M
Original List price
-
Price/Sqft
$1,066
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4040
Home ConditionFair
Features
Excellent View:
Deck
Patio
View-

About this home

Nestled on a knoll in the coveted Bel Air neighborhood, on a very private 1 acre lot & boasting panoramic views of the ocean, mountains & iconic downtown landmarks. Offered by original owners of 45 years, this custom built home is a rare opportunity to have privacy & views. With 2600 sq ft and an open floor plan with a generous living room, dining room & great room spaces, high ceilings & natural light. The kitchen, breakfast nook with built-in banquette & adjoining family room with fireplace lead to the private backyard. The home is set up a long private driveway & closer to the street is a level area for a potential ADU. There is an oversized 2 car garage and plenty off street parking. The home is also equipped with owned solar panels. The upstairs primary suite has a view balcony, generous closet space, dual sink vanity, separate toilet, walk-in shower & a tub. There are 2 additional bedrooms with a dual access bath plus half bath & laundry room.

S
Summer Knight
Listing Agent
Condition Rating
Fair
The property was built in 1980, making it 44 years old. While well-maintained, the kitchen features original-style wood cabinets, dated tile countertops, an electric coil cooktop, and older built-in appliances (except for a newer refrigerator). The bathrooms also exhibit dated wood vanities, older fixtures, and tile surrounds consistent with the home's age or a renovation 20-30 years ago. The overall interior, including carpeting and light fixtures, is functional but shows signs of being outdated and would benefit from cosmetic updates to meet contemporary standards. The property analysis also notes 'Potential for Dated Interiors/Systems' as a weakness.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44866, living area = 2603.
Panoramic Views: The property boasts panoramic views of the ocean, mountains, and iconic downtown landmarks, significantly enhancing its appeal and value.
Prime Location & Privacy: Nestled on a knoll in the coveted Bel Air neighborhood, the home offers exceptional privacy on a very private 1-acre lot, accessed via a long private driveway.
ADU Potential: A level area closer to the street presents a clear opportunity for the addition of an Accessory Dwelling Unit (ADU), adding future value or rental income potential.
Owned Solar Panels: Equipped with owned solar panels, the home offers significant energy efficiency and reduced utility costs, appealing to environmentally conscious buyers.
Spacious & Open Floor Plan: With 2600 sq ft, the custom-built home features a generous and open floor plan, high ceilings, and abundant natural light, creating an inviting living space.

Cons

Potential for Dated Interiors/Systems: Owned by the original owners for 45 years since its 1980 construction, the property likely requires significant updates to its kitchen, bathrooms, and potentially other systems to meet contemporary aesthetic and functional standards.
Lack of Central Air Conditioning: As a 1980-built home, it is common for properties of this era in the region to lack central air conditioning, which could be a comfort consideration for some buyers during warmer months.
Extensive Lot Maintenance: The expansive 1-acre private lot, while a strength for space and privacy, will necessitate substantial ongoing landscaping and property maintenance, representing a considerable time and financial commitment for the owner.
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