1301 Plaza Pacifica, SANTA BARBARA, CA 93108, SANTA BARBARA, 93108 - 2 bed, 2 bath

1301 Plaza Pacifica
SANTA BARBARA, CA 93108
Property Price
SUMMARY
Analysis of 1301 Plaza Pacifica, SANTA BARBARA, CA 93108 is currently available with a list price of $8,450,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property has undergone a complete, high-end designer renovation within the last 5 years, featuring a gourmet kitchen with premium cabinetry and butcher block island, luxurious bathrooms with marble countertops and subway tiling, and modern dark wood flooring throughout. All fixtures, appliances, and finishes meet current luxury standards with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Oceanfront Location
Situated on the coveted southwest corner of the prestigious Bonnymede community, this ground-floor unit offers rare walk-out beach access and immediate proximity to the iconic Coral Casino.
- Designer Renovation
The residence has been fully transformed by designer Dick Meyn into a timeless Cape Cod beach style, featuring a gourmet kitchen and high-end finishes that blend coastal charm with modern luxury.
- Unobstructed Coastal Views
The property boasts breathtaking, uninterrupted vistas of the Pacific Ocean and Channel Islands, providing a serene backdrop from the primary living areas and bedroom.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2178, other record lot size in square feet = 1968.
- High Carrying Costs
The monthly association fee of $2,747 is substantial, representing a significant ongoing financial commitment for the owner.
- Aging Infrastructure
While the unit itself is beautifully renovated, the building was originally constructed in 1965, which may lead to higher maintenance requirements for the overall complex.
About 1301 Plaza Pacifica
Welcome to one of the most sought-after oceanfront locations in Montecito—an exceptional ground-floor condo in the prestigious Bonnymede community. Perfectly positioned on the coveted southwest corner, this residence has walk-out access to the beach and sits directly adjacent to the iconic Coral Casino and offers uninterrupted views of the Pacific Ocean and Channel Islands. Step inside to an expansive open-concept layout, where the light-filled living room with a cozy fireplace seamlessly flows into a beautifully remodeled gourmet kitchen. Designed with both elegance and comfort in mind, the condo has been fully renovated in a timeless Cape Cod beach style by renowned designer Dick Meyn, combining relaxed coastal charm with refined finishes. Wake up to breathtaking ocean vistas from from the spacious primary bedroom and enjoy the soothing sounds of waves just steps away. The home features two bedrooms and two luxurious bathrooms, thoughtfully appointed to enhance the sense of peace and retreat. Additional highlights include a private two-car garage, exclusive access to the beach, and resort-style amenities such as a sparkling community pool and well-maintained tennis court. Whether you're looking for a full-time residence or a serene getaway, this once in a generation opportunity to acquire one of the most coveted locations in Bonnymede, offers the ultimate in beachfront living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- 2,178 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2747 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,943 | 1,724 | 64% |
| Lot Size | 2,178 | - | 82% |
| Price | $8.45M | $3.65M | 95% |
| Price per sq ft | $4.3K | $1.8K | 95% |
| Built year | 1965 | 1974 | 32% |
| HOA | $2747 | $952 | 95% |
| Days on market | 333 | 258 | 68% |
Pricing History
Listed for Sale
Apr 8, 2025
$8,450,000
Initial Listing
Sold
May 18, 2001
$1,900,000
Public Record

































