
Santa Barbara, CA 93103
Analysis of 1060 Tremonto Road, Santa Barbara, CA 93103 is currently available with a list price of $1,990,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
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.
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.
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.
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.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3060, other record living area = 2172.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,060 | - |
| Lot Size | 38,333 | - |
| Price | $1.99M | $2.43M |
| Price per sq ft | $650 | $1.3K |
| Built year | 1937 | 0 |
| HOA | $0 | $0 |
| Days on market | 177 | 60 |
Jul 22, 2026
$1,990,000
$2,150,000
-7% Price Drop
Initial Listing
Jun 22, 2026
$2,150,000
$2,300,000
-7% Price Drop
Initial Listing
Mar 11, 2026
$2,300,000
$2,465,000
-7% Price Drop
Initial Listing
Jan 26, 2026
$2,465,000
Initial Listing