115 Coronada Circle, Santa Barbara, CA 93108, Santa Barbara, 93108 - 3 bed, 3 bath
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115 Coronada Circle
Santa Barbara, CA 93108
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,167Sq Ft
16,553Lot Size
Property Price
LIST PRICE$3,580,000
EST. MARKET VALUE
$3,481,769
SUMMARY
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at $3,580,000—positioned slightly above the $3,481,769 Fair Market Value. While the price reflects a premium, the property features a Mint Condition Rating following a high-end renovation, including marble-finished bathrooms and a modern kitchen. Situated on an expansive 16,553 sqft lot within a gated Montecito enclave, it offers rare privacy and security. This property is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a move-in-ready asset in a prestigious, high-demand zip code.
Estimated Market Value
$3,481,769
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 115 Coronada Circle Subject 3 bd · 3 ba · 2,167 sqft · $1,607 | $3,580,000* List Price | 3 | 3 | 2,167 | $1,607 | - |
A 2123 Sycamore Canyon Road Active 3 bd · 3 ba · 1,921 sqft · $1,484 · 0.5 mi | $2,850,000 List Price | 3 | 3 | 1,921 | $1,484 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1971, the property has undergone a high-end, modern renovation within the last 5 years. The kitchen features premium stainless steel appliances and custom cabinetry, while the bathrooms showcase extensive marble work and contemporary fixtures. The home is in mint, move-in-ready condition with no visible maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 16553, living area = 2167.
- Prestigious Montecito Location
Situated in the exclusive 93108 zip code within the gated Coronada Circle, this property offers a high level of security and proximity to Montecito's world-class amenities.
- Expansive Lot Size
The property features a generous 16,553 square foot lot, providing significant privacy and ample space for outdoor living and landscaping that is rare for this community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Association Fees
The monthly HOA fee of $1,380 is relatively high, adding a significant fixed cost to the property's monthly carrying expenses compared to non-gated alternatives.
- Vintage Infrastructure
With a build date of 1971, the property may require additional capital investment to modernize its systems and layout to meet the standards of today's luxury buyers.
About 115 Coronada Circle
Exceptional opportunity in Santa Barbara. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 16,553 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1380 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.2 |
| Square foot | 2,167 | 2,768.185 |
| Lot Size | 16,553 | 20,827.852 |
| Price | $3.58M | $4.30M |
| Price per sq ft | $1.7K | $1.6K |
| Built year | 1971 | 1959 |
| HOA | $1380 | $3.2K |
| Days on market | 18 | 89 |
Pricing History
Listed for Sale
Oct 6, 2026
$3,580,000
Initial Listing
Sold
Jan 31, 2025
$3,000,000
Public Record
Sold
Oct 14, 2015
$1,680,000
Public Record
Sold
Nov 20, 2012
$870,000
Public Record