
SANTA BARBARA, CA 93109
This Single Family Residence represents a Strong Value Opportunity, listed at $2,150,000—positioned well below the $2,148,957 Fair Market Value by a negligible margin, reflecting a stable, market-aligned price. Featuring a Condition Rating of 4, the home offers a spacious 8,712 sqft lot with a wraparound deck and patio, providing significant potential for modernization. Its prime location near the coast and Shoreline Park ensures long-term desirability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1321 Los Alamos Place Subject | $2,150,000* List Price | 3 | 2 | 1,432 | $1,501 | - |
A 231 Salida Del Sol Sold | $2,450,000 | 3 | 2 | 1,565 | $1,565 | 0.6 mi |
B 1428 Shoreline Drive Pending | $1,999,000 List Price | 2 | 1 | 1,387 | $1,441 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the home is well-maintained but clearly dated. The kitchen features older wood cabinetry, butcher-block style counters, and mid-range appliances that appear to be from a renovation 20+ years ago. While the property is functional and move-in ready, the interior finishes and likely the underlying systems require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1432.
Situated less than a block from the ocean and Shoreline Park in the highly coveted Mesa neighborhood, offering an unparalleled beachside lifestyle.
The property features a generous 8,712 sqft lot with a wraparound deck, large patio, and lush landscaping with fruit trees, providing ample space for entertaining.
At a listing price of $2.15M for 1,432 square feet, the property commands a significant premium that may be a hurdle for value-conscious buyers.
Built in 1953, the home may require additional investment to update older systems or cosmetic finishes to meet modern luxury standards.
Enjoy the quintessential coastal Mesa lifestyle - less than a block from the coast and Shoreline Park. This charming single-level 3-bedroom, 2-bath home is set on a generous lot and offers a seamless blend of comfort and outdoor living. Hardwood floors flow throughout the light-filled interior, while the inviting living room features a cozy fireplace. The kitchen includes a convenient breakfast bar and opens to the dining space and the outdoors. Step outside to a spacious wraparound deck and large patio, perfect for entertaining. The lushly landscaped yard includes several fruit trees and overlooks a lower garden retreat with endless possibilities. A rare opportunity to enjoy beachside living in one of Santa Barbara's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 42% |
| Square foot | 1,432 | 1,734 | 36% |
| Lot Size | 8,712 | 7,841 | 52% |
| Price | $2.15M | $2.69M | 21% |
| Price per sq ft | $1.5K | $1.6K | 33% |
| Built year | 1953 | 1958 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 186 | 3% |
Jun 1, 2026
$2,150,000
Initial Listing
Sep 20, 1994
$385,000
Public Record