1256 Camino Palomera, SANTA BARBARA, CA 93111, SANTA BARBARA, 93111 - 4 bed, 3 bath

1256 Camino Palomera, SANTA BARBARA, CA 93111 home-pic-0

1256 Camino Palomera

SANTA BARBARA, CA 93111

ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,400Sq Ft
12,196Lot Size

Property Price

LIST PRICE$2,395,000
EST. MARKET VALUE
$2,269,916
5% AboveMARKET VALUE

SUMMARY

Analysis of 1256 Camino Palomera, SANTA BARBARA, CA 93111 reveals a property with a current list price of $2,395,000, which is 5% above the estimated $2,269,916 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,269,916
Based on Realkey algorithm analyzing recent comparable sales in SANTA BARBARA.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1256 Camino Palomera
Subject
$2,395,000*
List Price
432,400$946-
A
1361 Camino Meleno
Sold
$2,502,560432,799$8940.1 mi
B
608 Camino Campana
Sold
$2,210,000322,101$1,0520.9 mi
C
749 Dorado Drive
Sold
$2,000,000432,289$8740.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1965, this property is well-maintained and has been 'recently refreshed' with cosmetic updates like a new deck and paint. However, the kitchen and bathrooms appear dated, and the listing explicitly mentions the potential for a buyer to add value through further modernization. It fits the 'fair' criteria as an aged home that is functional but shows signs of being outdated compared to contemporary standards.

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 = 12196, living area = 2400.

  • Prime Location and Schools

    Situated in the highly desirable Rancho Del Ciervo enclave on a quiet cul-de-sac, this home is located within the prestigious Mountain View School District, significantly enhancing its long-term value.

  • Versatile Single-Level Layout

    The 2,400 sq ft floor plan features a private fourth bedroom and third bath wing, offering an ideal setup for multi-generational living, a home office, or guest quarters.

CONSRISKS & DEFICIENCIES

  • Dated Interior Elements

    Built in 1965 and described as having 'potential for personal touches,' the property likely requires further modernization of its original features to meet contemporary luxury standards.

  • Premium Pricing for Condition

    With a list price of $2,395,000, buyers may find the cost high given the additional investment needed to fully update the kitchen, bathrooms, and systems.

About 1256 Camino Palomera

A best-kept secret, Rancho Del Ciervo offers a rare opportunity to call this highly desirable enclave of homes your own, all within the sought-after Mountain View School District. Set on a charming cul-de-sac, this spacious 2,400± sq ft single-level home enjoys a peaceful, rural feel. Built in 1965 and lovingly cared for by only two owners, the property rests on a flat .28-acre parcel beside a babbling creek. From the beautiful, newly built deck, you can relax and enjoy a sweet serenade from the local frogs and birds. A grand living room welcomes you with high ceilings, tall windows, and a cozy fireplace and open dining area. The family room w/fireplace, and the kitchen open directly to the deck, creating an easy indoor-outdoor lifestyle. The home features 4 bedrooms and 3 full bath Recently refreshed, it still offers wonderful potential for the next owner to add their personal touches and build additional value. The light-filled primary suite features abundant windows and a large walk-in closet. Two additional bedrooms are bright and roomy, sharing a hall bath. Privately located on the opposite side of the home, the fourth bedroom and third bath create flexible living options - ideal for a home office, guest quarters, gym, or multi-generational living. Don't miss the spacious laundry room, attached 2-car garage, and abundant storage throughout - practical comforts that make everyday living easy. Peaceful setting, generous space, and room to make it your own - this is Rancho Del Ciervo living at its best.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1965
Lot Size
12,196 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$100 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.02.0
51%
Square foot2,4001,926
75%
Lot Size12,1969,365
68%
Price$2.40M$1.66M
75%
Price per sq ft$998$888
64%
Built year19651965
50%
HOA$100$0
79%
Days on market8188
1%

Pricing History

Listed for Sale

Feb 27, 2026

$2,395,000

Initial Listing

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