
Santa Barbara, CA 93103
Analysis of 1060 Tremonto Road, Santa Barbara, CA 93103 is currently available with a list price of $2,300,000. 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, this property retains its original character but requires substantial rehabilitation. The listing description and property analysis explicitly state the home needs to be 'reimagined' and suffers from dated infrastructure and significant deferred maintenance. The kitchen and bathrooms are outdated, and the overall condition suggests that major systems and interior finishes need a complete overhaul to meet modern standards.
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 prestigious 'American Riviera' near the Old Mission and within the sought-after Roosevelt Elementary district, offering exceptional lifestyle convenience and long-term value.
The rare 0.88-acre lot provides significant privacy with mature oak trees and ample space for outdoor entertaining, a rarity for this high-demand 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.
Positioned as an opportunity to 'reimagine,' the property likely requires a substantial capital investment to modernize the 1930s-era systems, kitchen, and bathrooms.
Having been held by the same family for decades, the home may have deferred maintenance or aging mechanical systems that could complicate the initial phase of ownership.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 4.0 | 2.0 | 84% |
| Square foot | 3,060 | 1,816 | 84% |
| Lot Size | 38,333 | 10,454.4 | 78% |
| Price | $2.30M | $2.09M | 59% |
| Price per sq ft | $752 | $1.1K | 30% |
| Built year | 1937 | 1937 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 196 | 19% |
Mar 11, 2026
$2,300,000
$2,465,000
-7% Price Drop
Initial Listing
Jan 26, 2026
$2,465,000
Initial Listing