1010 Portesuello Avenue, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 3 bed, 3 bath
1010 Portesuello Avenue
SANTA BARBARA, CA 93105
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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like owned solar panels and a newer refrigerator, the overall aesthetic, including the flooring and fixtures, is outdated and requires modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 sits on an elevated knoll offering rare, sweeping views of the Pacific Ocean, Santa Ynez mountains, and iconic Santa Barbara landmarks.
- Expansive Private Lot
Situated on a full acre in the coveted Bel Air neighborhood, the long private driveway and large lot size provide exceptional privacy and seclusion.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Being offered by the original owners of 45 years, the 1980s-built interior likely requires cosmetic and system updates to meet modern luxury standards.
- Maintenance Overhead
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.
- Bedroom Configuration
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.
About 1010 Portesuello Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 44,866 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,603 | 1,967 | 78% |
| Lot Size | 44,866 | 10,018.8 | 87% |
| Price | $2.77M | $2.19M | 71% |
| Price per sq ft | $1.1K | $1.1K | 50% |
| Built year | 1980 | 1960 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 124 | 192 | 21% |
Pricing History
Listed for Sale
Nov 3, 2025
$2,775,000
Initial Listing