1109 Las Olas Avenue, Santa Barbara, CA 93109, Santa Barbara, 93109 - 4 bed, 3 bath
ACTIVE$3,650,000$1,818/sqft
Est. Value: $3,738,346
2%
FairlyEstimate
1109 Las Olas Avenue, Santa Barbara, CA 93109
4Beds
3Baths
1,818Sqft
7,841Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $3,650,000.
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 = 7841, living area = 1818.
Top Cons:
Absence of Central AC in Main Residence: While the ADU includes air conditioning, the main residence does not explicitly mention a central cooling system, which could be a comfort consideration during warmer periods.
Compared to the nearby listings
Price:$3.65M vs avg $2.56M (+$1,094,000)79%
Size:1,818 sqft vs avg 1,720 sqft58%
Price/sqft:$2.0K vs avg $1.2K79%
More Insights
Built in 1926 (100 years old).
Condition: Despite being built in 1926, this property has undergone extensive and high-quality modern renovations, particularly evident in the kitchens and bathrooms of both the main residence and the fully permitted ADU. All visible components, including appliances, cabinetry, countertops, flooring, and light fixtures, appear new or virtually new, meeting current quality standards. The property is move-in ready with no deferred maintenance visible in the images, showcasing a blend of timeless charm and modern luxury. The only notable point is the absence of central AC in the main residence, but this does not detract from the overall excellent condition of the recently updated features.
Year Built
1926
Close
-
List price
$3.65M
Original List price
-
Price/Sqft
$2,008
HOA
$0
Days on market
-
Sold On
-
MLS number
25621777
Home ConditionExcellent
Features
Good View:
Deck
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.
S
Stephen Epstein
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, particularly evident in the kitchens and bathrooms of both the main residence and the fully permitted ADU. All visible components, including appliances, cabinetry, countertops, flooring, and light fixtures, appear new or virtually new, meeting current quality standards. The property is move-in ready with no deferred maintenance visible in the images, showcasing a blend of timeless charm and modern luxury. The only notable point is the absence of central AC in the main residence, but this does not detract from the overall excellent condition of the recently updated features.
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 = 7841, living area = 1818.
Premier Coastal Location & Ocean Views: Situated in one of the Mesa's most desirable neighborhoods, offering convenient access to beaches, the harbor, and local amenities, complemented by ocean views from the backyard deck.
Income-Generating & Flexible ADU: Features a fully permitted Accessory Dwelling Unit with a full kitchen, bath, and AC, providing excellent potential for rental income, guest quarters, or multi-generational living.
Charming Spanish Architecture with Modern Upgrades: A classic 1926 Spanish-style home that seamlessly blends timeless architectural charm with modern upgrades and vintage-meets-modern details, creating a warm and inviting ambiance.
Exceptional Outdoor Living & Privacy: Boasts lush, mature landscaping for enhanced privacy, a front tiled patio with a built-in firepit, a lounge area, and a south-facing backyard deck with ocean views, fruit trees, and a water feature.
Functional Layout & Ample Storage: The single-level main residence offers vaulted ceilings and abundant natural light, complemented by a full-footprint basement providing significant storage and utility access.
Cons
Absence of Central AC in Main Residence: While the ADU includes air conditioning, the main residence does not explicitly mention a central cooling system, which could be a comfort consideration during warmer periods.
Potential for Age-Related Maintenance: As a home built in 1926, despite modern upgrades, there may be underlying systems or components that could require future maintenance or updates typical of older properties.
Modest Interior Square Footage for Price Point: The total living area of 1818 sqft (including the ADU) might be considered relatively modest for its luxury price point within the Santa Barbara market, potentially limiting appeal for buyers seeking more expansive interiors.