104 San Federico, Santa Barbara, CA 93111, Santa Barbara, 93111 - 4 bed, 2 bath
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104 San Federico
Santa Barbara, CA 93111
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
2,227Sq Ft
10,454Lot Size
Property Price
LIST PRICE$1,950,000
EST. MARKET VALUE
$2,065,657
5% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,950,000—positioned well below the $2,065,657 Fair Market Value by 5%. This valuation gap offers $115,657 in Instant Equity. Featuring a Mint Condition Rating with $200K+ in recent upgrades, including a resort-style pool and luxury turf, the home offers a versatile layout with ADU potential. Located near top-rated schools and the Obern Trail, this property is ideal for multi-generational families or discerning owner-occupants seeking a premium Santa Barbara lifestyle.
Estimated Market Value
$2,065,657+$115,657 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 104 San Federico Subject | $1,950,000* List Price | 4 | 2 | 2,227 | $928 | - |
A 169 San Federico Avenue Pending | $1,799,000 List Price | 5 | 3 | 2,013 | $894 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone significant high-end renovations within the last 5 years, including a modern kitchen with quartz countertops, 2022 engineered hardwood flooring, and a 2022 primary bath remodel. Systems are updated with a 2019 A/C and a 2022 sewer liner, meeting the criteria for mint condition and no immediate maintenance.
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 = 10454, living area = 2227.
- Extensive Capital Upgrades
With over $200,000 in recent improvements including a 2022 sewer liner, Pella windows, and 2019 A/C, the home offers significant value and reduced immediate maintenance costs.
- Expansive Lot & ADU Potential
The 0.24-acre flat lot provides rare RV/boat parking and ample space for a potential ADU, complemented by a resort-style yard with a pool and 2025 luxury turf.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only two bathrooms serving four bedrooms across two levels, the ratio may be insufficient for larger families or high-occupancy households.
- Vintage 1960s Foundation
Despite extensive interior remodeling, the 1965 construction may still feature some legacy architectural constraints or older infrastructure not covered by recent upgrades.
About 104 San Federico
Tucked away in a quiet cul-de-sac on an expansive 0.24-acre lot, this 2,227 SF, 4BD/2BA home offers the ultimate Santa Barbara & Goleta lifestyle. Enjoy a private resort-style yard with a sparkling pool (2022 safety fence), 2025 luxury turf (15-yr warranty), new front pavers, and rare RV/boat parking with dual clean-outs - plus plenty of flat space with ADU potential. Interior & Capital Upgrades ($200K+ in Value): • Kitchen & Utility: High-quality Thomasville cabinetry, white quartz countertops, and matching cabinetry in the adjacent pantry/laundry room • Finishes: Solid wood doors/framing, 2022 engineered hardwood with 4" baseboards, and 2022 tiled primary bath • Infrastructure: 2022 Sewer lateral liner (50-yr warranty), Pella wood dual-pane windows, copper gutters, 2019 A/C, and water softener • Versatile Layout: 2 bedrooms on each level - ideal for multi-generational living, guests, or a home office. Unmatched Lifestyle & Location: • Recreation & Dining: Direct access to Obern Trail, Hope Ranch bike paths, The PAD Climbing, Shalhoob’s, and Lane Farms. • Top Schools & Healthcare: Steps to El Camino Elementary (coveted Dual Language Immersion program), La Colina Jr High, San Marcos High, UCSB, and Goleta Valley Cottage Hospital. Move-in ready with unmatched quality, space, and neighborhood convenience!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 2.0 | 3.3 |
| Square foot | 2,227 | 2,905.353 |
| Lot Size | 10,454 | 21,805.412 |
| Price | $1.95M | $4.86M |
| Price per sq ft | $876 | $1.7K |
| Built year | 1965 | 1958 |
| HOA | $0 | $3.2K |
| Days on market | 35 | 84 |
Pricing History
Listed for Sale
Aug 5, 2026
$1,950,000
Initial Listing
Sold
Oct 6, 2022
$1,575,000
Public Record
Sold
Apr 12, 2002
$629,000
Public Record
Sold
Jul 27, 2001
$580,000
Public Record