1031 Miramonte Drive 2, Santa Barbara, CA 93109, Santa Barbara, 93109 - 2 bed, 2 bath

1031 Miramonte Drive 2
Santa Barbara, CA 93109
Property Price
SUMMARY
Analysis of 1031 Miramonte Drive 2, Santa Barbara, CA 93109 is currently available with a list price of $998,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern standards. Key features include a contemporary kitchen with premium countertops and a modern backsplash, updated laminate flooring throughout, and the installation of modern multi-zone ductless mini-split HVAC systems. Although built in 1973, the interior finishes, vaulted ceilings with exposed beams, and updated appliances indicate the home has been fully modernized within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Views and Natural Setting
The property offers sweeping, unobstructed views over the Honda Valley Preserve and immediate access to acres of oak and eucalyptus trees, providing a rare sense of tranquility and privacy.
- Modern Climate Control
Unlike many older condominiums, this unit features modern multi-zone ductless mini-split systems, allowing for efficient, individualized heating and cooling throughout the home.
- Architectural Character
Vaulted ceilings with exposed beams and south-facing sliding glass doors create a light-filled, voluminous living space that feels significantly larger than its square footage.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The monthly association fee of $635 represents a significant recurring carrying cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
- Aging Infrastructure
Built in 1973, the complex may face upcoming capital improvement projects or maintenance issues common to older high-density residential developments.
About 1031 Miramonte Drive 2
Rarely available two-bedroom condominium in the Santa Barbara Highlands with sweeping views over the Honda Valley Preserve. This light-filled home features well-appointed finishes, south-facing sliding glass doors that open to a private balcony, vaulted ceilings with exposed beams, and laminate flooring throughout. The open living and dining area flows seamlessly to the balcony, offering sunset views and a peaceful natural outlook. The kitchen offers a clean, contemporary design with gray cabinetry, premium countertops, a modern backsplash, and an efficient layout well suited for both daily living and entertaining.Comfort is elevated with modern multi-zone ductless mini-split systems, allowing individualized climate control throughout the home. An in-unit washer and dryer are conveniently located on the bedroom level.Ideally situated near beaches, shops, cafes, parks, and entertainment, the property also provides immediate access to the Honda Valley Preserve, spanning acres of oak and eucalyptus trees. Community amenities include a clubhouse, swimming pools, spa, and a pet-friendly HOA. One reserved covered parking space and generous storage are included.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 554 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $635 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,080 | 1,092 | 50% |
| Lot Size | 554 | - | 67% |
| Price | $998.0K | $931.5K | 50% |
| Price per sq ft | $924 | $1.0K | 33% |
| Built year | 1973 | 1973 | 50% |
| HOA | $635 | $638 | 50% |
| Days on market | 5 | 138 | 17% |
Pricing History
Listed for Sale
Mar 2, 2026
$998,000
Initial Listing
Sold
Nov 24, 2020
$685,000
Public Record














