
SANTA BARBARA, CA 93101
This Turnkey Craftsman Bungalow represents a Strong Value Opportunity, listed at $2,250,000—positioned well above the $2,122,267 Fair Market Value by 6%. While priced at a premium, the property features an Excellent Condition Rating with modern upgrades including a tankless water heater, AC system, and a luxurious primary suite with Riviera views. The home offers a sophisticated lifestyle near State Street, making it an ideal acquisition for discerning professionals or owner-occupants seeking a move-in ready residence in Santa Barbara’s historic Bungalow Haven District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1310 Olive Street Subject | $2,250,000* List Price | 4 | 2 | 1,921 | $1,164 | - |
A 1111-1113 Olive Street Sold | $1,805,000 | 3 | 3 | 0 | 0.2 mi | |
B 518 E Islay Street Active | $2,650,000 List Price | 4 | 4 | 2,268 | $1,168 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1923, the property has undergone significant renovations including a primary suite addition and updates to critical systems (plumbing, electrical, AC, and tankless water heater). The kitchen and bathrooms feature modern finishes like granite and travertine that appear to be within the 5-15 year age range, making it well-maintained and move-in ready.
This 1923 Craftsman bungalow in the Bungalow Haven District perfectly preserves its original character while offering essential modern comforts like a newer AC system, tankless water heater, and updated plumbing and electrical.
The expansive, privately situated upstairs primary suite features vaulted ceilings, a walk-in closet, and a private balcony with stunning views of the Riviera, offering a high-end escape rarely found in historic bungalows.
Boasting a high-demand location, the property is minutes from iconic destinations such as State Street, the Old Mission, and the Santa Barbara Bowl, ensuring long-term desirability and lifestyle convenience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
At 4,792 square feet, the lot is relatively compact for a four-bedroom home, which may limit outdoor utility or future expansion possibilities for buyers seeking more yard space.
With four bedrooms but only two bathrooms, the home may feel underserved during peak hours, particularly with three bedrooms sharing a single bathroom on the main level.
This beautifully maintained 1923 bungalow-craftsman style home, located in Santa Barbara's beloved Bungalow Haven District, blends timeless character with thoughtful updates. Framed by immaculate landscaping and a majestic redwood tree, the home welcomes you with quintessential Santa Barbara character and exceptional curb appeal. Inside, original hardwood floors and abundant natural light create a warm and inviting atmosphere, while a picturesque window perfectly frames the stunning redwood tree just outside. The living room, dining area, and kitchen flow naturally from one space to the next, creating a warm and inviting atmosphere ideal for both everyday living and entertaining. The kitchen features granite countertops, stainless steel appliances, and generous storage space. Three bedrooms are conveniently located on the main level, accompanied by a spacious full bathroom, and laundry area. Privately situated upstairs, the expansive primary suite was thoughtfully added to create separation from the main living areas. Vaulted ceilings, a walk-in closet, and a private balcony with views of the Riviera make the space feel like a true retreat. The ensuite bathroom offers a dual-sink vanity, soaking tub, and walk-in shower. Additional improvements over the years include updated plumbing and electrical, newer interior and exterior paint, tankless water heater, and AC system. The attached two-car garage with direct interior access, plus additional parking in front of the garage, adds convenience and functionality. Designed for both relaxation and entertaining, the backyard offers a peaceful oasis complete with lush landscaping, stone fireplace, spa, and fountain. Ideally located near Alameda Park, State Street, Old Mission Santa Barbara, and the Santa Barbara Bowl, this home offers the perfect blend of timeless character, privacy, and convenience to many of the area's most iconic destinations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,921 | 1,338 | 83% |
| Lot Size | 4,792 | 4,792 | 50% |
| Price | $2.25M | $1.40M | 91% |
| Price per sq ft | $1.2K | $1.1K | 52% |
| Built year | 1923 | 1930 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 195 | 4% |
May 13, 2026
$2,250,000
Initial Listing