
SANTA BARBARA, CA 93111
This High-Capacity Residential Asset is listed at $1,675,000, representing a specialized valuation relative to its $1,594,994 Fair Market Value. Currently maintaining a Condition Rating of 4, the property features essential upgrades including double-pane windows and solar panels, while the interior offers a unique 7-bedroom configuration suited for high-occupancy needs. The institutional-style bathrooms, private deck, and serene back patio suggest significant utility for non-traditional residential uses. This property is a strategic acquisition for Residential Care Facility Operators or Buy-and-Hold Investors targeting maximum rental density.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 112 Santa Ana Avenue Subject | $1,675,000* List Price | 7 | 3 | 2,351 | $678 | - |
A 631 San Ricardo Drive Sold | $1,550,000 | 5 | 3 | 2,302 | $673 | 0.6 mi |
B 5224 San Simeon Drive Sold | $1,583,500 | 5 | 3 | 2,393 | $662 | 0.1 mi |
C 740 Walnut Lane Active | $1,575,000 List Price | 5 | 3 | 2,046 | $770 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this property is well-maintained but shows significant signs of age in its styling and configuration. While it features some functional upgrades like double-pane windows, solar panels, and newer laminate flooring, the bathrooms and overall interior finishes are dated. The unconventional layout of 7 bedrooms within 2,351 square feet, combined with institutional-style features like grab bars in the bathrooms, suggests a specialized use (such as a care facility) rather than a modern residential renovation. It is move-in ready but requires aesthetic and potentially systemic modernization to meet current market standards for a high-end residential feel.
With 7 bedrooms, this property offers exceptional versatility for large families, multi-generational living, or potential rental income opportunities in a desirable market.
The installation of double-pane windows throughout the home provides improved insulation and noise reduction, representing a significant value-add for the buyer.
The property features a serene back patio and a well-sized 7,405 sqft lot, providing a private and peaceful environment for outdoor relaxation and entertaining.
Fitting 7 bedrooms into 2,351 square feet suggests that individual room dimensions may be quite small, potentially resulting in a cramped interior feel.
Built in 1962, the property may require further capital investment to modernize original systems or aesthetic elements not covered by the recent window and flooring updates.
All double pane windows Lovely tile floors Serene back patio To Show Call Judy
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 98% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,351 | 1,932 | 66% |
| Lot Size | 7,405 | 8,712 | 42% |
| Price | $1.68M | $1.65M | 54% |
| Price per sq ft | $712 | $866 | 23% |
| Built year | 1962 | 1965 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 159 | 173 | 42% |
Nov 14, 2025
$1,675,000
Initial Listing