1060 Tremonto Road, Santa Barbara, CA 93103, Santa Barbara, 93103 - 4 bed, 4 bath
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1060 Tremonto Road
Santa Barbara, CA 93103
ACTIVE
CONDITION: POOR
4Beds
4Baths
3,060Sq Ft
38,333Lot Size
Property Price
LIST PRICE$1,990,000
EST. MARKET VALUE
$1,990,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,990,000, currently aligned with its $1,990,000 Fair Market Value. While the home requires significant modernization, its Condition Rating of 5 provides a blank canvas for value-add renovations. The expansive 0.88-acre lot, featuring mature oaks and panoramic mountain views, offers rare privacy in the prestigious Roosevelt Elementary attendance area. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to reimagine a timeless 1937 residence on the American Riviera.
Estimated Market Value
$1,990,000
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 |
|---|---|---|---|---|---|---|
★ 1060 Tremonto Road Subject 4 bd · 4 ba · 3,060 sqft · $650 | $1,990,000* List Price | 4 | 4 | 3,060 | $650 | - |
A 1060 Tremonto Road Active 4 bd · 4 ba · 3,060 sqft · $752 · 0.0 mi | $2,300,000 List Price | 4 | 4 | 3,060 | $752 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1937 and held by the same family for decades, the home is significantly dated. The kitchen and bathrooms appear to have 30-50 year old finishes, including carpeted bathroom floors and original-style cabinetry. The listing's suggestion to 'reimagine' the home indicates it requires a full interior rehab and likely major systems updates.
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 = 38333, living area = 3060.
- Prestigious Location
Situated on 'The American Riviera' near the Old Mission and within the sought-after Roosevelt Elementary attendance area, offering high desirability and long-term value.
- Expansive Lot & Privacy
The property sits on a generous 0.88-acre lot featuring mature oak trees and mountain views, providing a rare level of privacy and space in a prime Santa Barbara neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3060, other record living area = 2172.
- Renovation Required
Having been held by the same family for decades, the home is positioned as a 'reimagining' opportunity, suggesting significant capital investment is needed to modernize the 1937 interiors.
- Stagnant Market Presence
With 177 days on market and a series of substantial price reductions from the original $2.465M, the property has struggled to find momentum, potentially signaling buyer concerns regarding condition or value.
About 1060 Tremonto Road
Nestled on The American Riviera, this 4-bedroom, 3.5-bathroom Santa Barbara home offers +/-3,060 square feet of comfortable living space on a spacious 0.88-acre lot. Perched in an idyllic setting, the home boasts timeless character with richly grained wood interiors, handcrafted built-ins and expansive picture windows. Various decks offer the perfect spaces for sunset dinners or morning coffee. A large 2.5-car garage provides ample storage, while mature oak trees offer privacy and a serene connection to nature. This beloved home has been cherished by the same family for decades and is ready for its next chapter. Located in the Roosevelt Elementary School attendance area, this property presents a rare opportunity to reimagine a timeless home. Enjoy close proximity to the Old Mission, Natural History Museum, Mission Rose Garden, Upper East, Uptown, The Santa Barbara Tennis club and Downtown Santa Barbara.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 38,333 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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 | 3.4 |
| Baths | 4.0 | 3.2 |
| Square foot | 3,060 | 2,768.185 |
| Lot Size | 38,333 | 20,827.852 |
| Price | $1.99M | $4.30M |
| Price per sq ft | $650 | $1.6K |
| Built year | 1937 | 1959 |
| HOA | $0 | $3.2K |
| Days on market | 271 | 89 |
Pricing History
Listed for Sale
Jul 22, 2026
$1,990,000
$2,150,000
-7% Price Drop
Initial Listing
Price Change
Jun 22, 2026
$2,150,000
$2,300,000
-7% Price Drop
Initial Listing
Price Change
Mar 11, 2026
$2,300,000
$2,465,000
-7% Price Drop
Initial Listing
Price Change
Jan 26, 2026
$2,465,000
Initial Listing