1109 Las Olas Avenue, SANTA BARBARA, CA 93109, SANTA BARBARA, 93109 - 4 bed, 3 bath
ACTIVE$3,650,000$1,464/sqft
Est. Value: $3,215,595
-11%
AboveEstimate
1109 Las Olas Avenue, SANTA BARBARA, CA 93109
4Beds
3Baths
1,464Sqft
7,840.8Lot
Price Vs. Estimate
The estimated value ($3,215,595.32) is $434,404.68 (11%) lower than the list price ($3,650,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 7840, living area = 1464.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1464, other record living area = 1818.
Compared to the nearby listings
Price:$3.65M vs avg $2.56M (+$1,094,000)79%
Size:1,464 sqft vs avg 1,625 sqft44%
Price/sqft:$2.5K vs avg $1.2K91%
More Insights
Built in 1926 (100 years old).
Condition: Despite being built in 1926, this property has undergone extensive and high-quality modern renovations, as evidenced by the images and description. The main kitchen features new white shaker cabinets, quartz countertops, a farmhouse sink, and professional-grade stainless steel appliances (Viking range). Both main residence bathrooms are fully updated with modern vanities, subway tile, glass shower enclosures, and contemporary fixtures. The ADU also boasts a new, stylish kitchenette and bathroom. Flooring throughout is new wood-look laminate/engineered wood, and lighting is modern recessed or decorative. All components appear new or virtually new, reflecting current quality standards and a recent, comprehensive overhaul.
Year Built
1926
Close
-
List price
$3.65M
Original List price
-
Price/Sqft
$2,493
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4332
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-
About this home
Located in one of the Mesa's most desirable neighborhoods, this Spanish-style home blends timeless charm with modern upgrades and a coastal feel. The single-level main residence offers 3 bedrooms and 2 baths, plus a fully permitted ADU with vaulted ceilings, full kitchen and bath, and AC - ideal for guests or rental income. A full-footprint basement provides ample storage and utility access. Inside, vaulted ceilings, abundant natural light, and vintage-meets-modern details create a warm, inviting atmosphere. Lush, mature landscaping enhances privacy and a resort-like setting. The front yard features a tiled patio, built-in firepit, and lounge area, while the south-facing backyard deck captures ocean views and overlooks the .18-acre lot with fruit trees and water feature. Minutes to Leadbetter Beach, Shoreline Park, the Harbor, Mesa Village, and Washington Elementary, this home offers classic Spanish style, ocean views, and flexible living options on the Mesa.
K
Kendrick Guehr
Listing Agent
Price History
Date
Event
Price
05/26/23
Sold
$3,490,000
08/29/17
Sold
$1,770,000
10/07/11
Sold
$798,500
10/07/11
Sold
$798,500
10/27/10
Sold
$400,000
Condition Rating
Excellent
Despite being built in 1926, this property has undergone extensive and high-quality modern renovations, as evidenced by the images and description. The main kitchen features new white shaker cabinets, quartz countertops, a farmhouse sink, and professional-grade stainless steel appliances (Viking range). Both main residence bathrooms are fully updated with modern vanities, subway tile, glass shower enclosures, and contemporary fixtures. The ADU also boasts a new, stylish kitchenette and bathroom. Flooring throughout is new wood-look laminate/engineered wood, and lighting is modern recessed or decorative. All components appear new or virtually new, reflecting current quality standards and a recent, comprehensive overhaul.
Pros & Cons
Pros
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 = 7840, living area = 1464.
Prime Mesa Location: Situated in one of the Mesa's most desirable neighborhoods, offering convenient access to Leadbetter Beach, Shoreline Park, the Harbor, Mesa Village, and Washington Elementary.
Income-Generating ADU: Features a fully permitted Accessory Dwelling Unit (ADU) with vaulted ceilings, a full kitchen, bath, and AC, providing excellent potential for guest accommodation or rental income.
Ocean Views & Outdoor Amenities: The south-facing backyard deck captures desirable ocean views, complemented by a front yard with a tiled patio, built-in firepit, lounge area, and lush, mature landscaping.
Timeless Spanish Charm with Modern Upgrades: A classic Spanish-style home that seamlessly blends timeless architectural charm with modern upgrades, vaulted ceilings, abundant natural light, and vintage-meets-modern details.
Flexible Living & Storage Options: Offers versatile living arrangements with a single-level main residence, a separate ADU, and a full-footprint basement providing ample storage and utility access.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1464, other record living area = 1818.
Age of Main Residence: Built in 1926, the main residence, despite modern upgrades, may present ongoing maintenance considerations typical of older homes.
Lack of Central AC in Main Residence: While the ADU includes AC, the description does not specify a cooling system for the main residence, which could be a drawback during warmer periods.
Main Residence Square Footage: The main residence offers 1464 sqft, which, for some buyers at this price point in Santa Barbara, might be considered modest in size despite the additional ADU space.