
Santa Barbara, CA 93101
This historic 1910 cottage represents a High-Potential Investment Opportunity, listed at a List Price of $1,125,000—positioned well above the $1,082,230 Fair Market Value by -3%. Featuring a Condition Rating of 4, the property requires modernization to unlock its full potential. Its prime downtown location and unique architectural provenance offer significant upside for Value-Add Investors or Owner-Occupants seeking a project. With a private garden courtyard and proximity to local schools, this asset balances historical character with long-term appreciation potential in a highly walkable urban core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1124 Bath St Subject 2 bd · 2 ba · 1,042 sqft · $1,002 | $1,025,000* List Price | 2 | 2 | 1,042 | $1,002 | - |
A 718 Cook Avenue Sold 3 bd · 1 ba · 989 sqft · $966 · 0.6 mi | $955,000 | 3 | 1 | 989 | $966 | 0.6 mi |
B 718 Cook Avenue Pending 3 bd · 1 ba · 989 sqft · $956 · 0.6 mi | $945,000 List Price | 3 | 1 | 989 | $956 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1910, this historic cottage is well-maintained but features a dated kitchen with older tile countertops and white appliances. The interior finishes are well-preserved but require cosmetic updates and modernization throughout.
Built in 1910 and formerly owned by the legendary proprietors of Cold Spring Tavern, this home offers a rare, soulful connection to Santa Barbara’s local history that adds significant intangible value.
Situated in the heart of Santa Barbara (93101), the property provides exceptional walkability to downtown restaurants, shops, and cultural destinations, offering a highly connected urban lifestyle.
The cottage features enchanting storybook details, including a gabled facade, hand-painted Dutch door, diamond-pane windows, and rustic wood beams that provide a level of charm rarely found in modern builds.
The listing emphasizes 'provenance over perfection,' suggesting that the home likely requires thoughtful preservation and updates to its 1910 systems and finishes to meet contemporary standards.
At just 1,042 square feet, the interior living space is relatively small for a two-bedroom home, which may be a constraint for buyers seeking more spacious or open-concept layouts.
Some homes have character; this one has a story. Built in 1910, this enchanting two-bedroom, two-bath Santa Barbara cottage was the longtime home of Audrey and Adelaide Ovington , a mother and daughter who were the legendary proprietors of Cold Spring Tavern, the historic stagecoach stop established in 1868. Its history is not merely attached to the home; it can be felt in every individual detail.Framed by mature trees, its storybook gabled facade, covered porch and unforgettable hand-painted Dutch door offer a first glimpse of what awaits inside. Warm wood floors lead through intimate living spaces filled with built-in bookshelves, a cozy fireplace and the unmistakable charm of a home shaped over generations. The cottage kitchen and cheerful breakfast nook feel delightfully preserved, while diamond-pane windows, rustic wood beams and collected architectural details offer moments of discovery throughout. Outside, a secluded garden courtyard and whimsical shed create a private retreat in the heart of Santa Barbara.For the buyer who values provenance over perfection and individuality over something newly manufactured, 01124 Bath Street presents a rare opportunity: a soulful piece of local history, ready to be thoughtfully preserved, gently reimagined and loved into its next chapter. Its central location places downtown Santa Barbara's restaurants, shops, cultural destinations and everyday conveniences within easy reach. It offers a lifestyle that feels both connected and distinctly Santa Barbara.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades 7-8 • 1.2 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 2.0 | 3.2 |
| Square foot | 1,042 | 2,768.185 |
| Lot Size | - | 20,827.852 |
| Price | $1.02M | $4.30M |
| Price per sq ft | $984 | $1.6K |
| Built year | 1910 | 1959 |
| HOA | $0 | $3.2K |
| Days on market | 33 | 89 |
Oct 16, 2026
$1,025,000
$1,125,000
-9% Price Drop
Initial Listing
Sep 21, 2026
$1,125,000
Initial Listing