1010 Portesuello Avenue, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 3 bed, 3 bath
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SANTA BARBARA, CA 93105
Analysis of 1010 Portesuello Avenue, SANTA BARBARA, CA 93105 is currently available with a list price of $2,775,000. 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 exceptionally well-maintained by the original owners but remains largely in its original 1980 condition. The kitchen and bathrooms feature dated oak cabinetry, 1980s-style tile countertops, and older appliances. While the home is move-in ready and features some updates like owned solar panels and a newer refrigerator, the overall aesthetic, including the flooring and fixtures, is outdated and requires modernization to meet current market standards.
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.
The property sits on an elevated knoll offering rare, sweeping views of the Pacific Ocean, Santa Ynez mountains, and iconic Santa Barbara landmarks.
Situated on a full acre in the coveted Bel Air neighborhood, the long private driveway and large lot size provide exceptional privacy and seclusion.
Being offered by the original owners of 45 years, the 1980s-built interior likely requires cosmetic and system updates to meet modern luxury standards.
A custom home of this age situated on a one-acre hillside lot may require significant ongoing maintenance for both the structure and the expansive landscaping.
With only three bedrooms for a 2,600 sq. ft. home on a large lot, the layout may be restrictive for larger families or buyers requiring multiple dedicated home offices.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,603 | 2,087 | 76% |
| Lot Size | 44,866 | 10,018.8 | 87% |
| Price | $2.77M | $2.15M | 69% |
| Price per sq ft | $1.1K | $1.0K | 53% |
| Built year | 1980 | 1961 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 171 | 195 | 41% |
Nov 3, 2025
$2,775,000
Initial Listing