1322 E Cota Street, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 3 bed, 2 bath
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SANTA BARBARA, CA 93103
This Architectural Riviera View Home is a Strong Value Opportunity, listed at $2,780,000—positioned well below the $2,961,333 Fair Market Value by 6%. This valuation gap provides $181,333 in Instant Equity. Boasting an Excellent Condition Rating, the Alex d'Alfonso-designed residence features panoramic ocean views, a chef’s kitchen with Caesarstone counters, and a private spa. The separate lower-level suite offers versatile income potential or guest quarters. This property is perfectly suited for Owner-Occupants or Luxury House-Hackers seeking a turnkey Santa Barbara lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1322 E Cota Street Subject | $2,780,000* List Price | 3 | 2 | 1,606 | $1,844 | - |
A 1322 E Cota Street Active | $2,850,000 List Price | 3 | 2 | 1,606 | $1,775 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1941, the property has been completely updated with high-end finishes including Caesarstone countertops, luxury appliances, and new oak flooring. The listing notes a new roof and impeccable maintenance, placing it in mint, turn-key condition consistent with a recent total renovation.
Situated in the coveted Lower Riviera, the property boasts spectacular ocean, island, and downtown views framed by expansive windows and over 1,000 square feet of outdoor terraces.
This Alex d'Alfonso-designed home seamlessly blends 1941 character with modern luxury, featuring a complete update, high-end appliances, and a new roof for a move-in ready experience.
The layout includes a fully private, self-contained lower-level unit, providing excellent potential for rental income, a home office, or multi-generational living arrangements.
With a list price of $2.78 million for 1,606 square feet, the property commands a premium valuation that may challenge buyers focused on interior scale.
While the lot features beautiful terraced gardens and outdoor living areas, the hillside topography may lack the traditional flat lawn space desired by some families.
Move-in ready for summer fun, now with a great new PRICE IMPROVEMENT! Catch the summer breeze from your own backyard. Big ocean views + location + natural light... Perched on Santa Barbara's coveted Lower Riviera / Upper East adjacent to charming Chiquita Road, this classic 1941 Alex d'Alfonso-designed home has been completely updated while preserving its timeless character. Big ocean, island, and downtown views are enjoyed from light-filled spaces wrapped in windows plus over 1,000 square feet of outdoor living and dining terraces. Set behind park-like landscaping, the property lives with rare privacy and features extensive terraced gardens, fruit trees, a fire pit seating area, and hot tub. Creating a true indoor-outdoor retreat. The main upper level offers 2 bedrooms and 1 bath, an open-concept living, dining, and kitchen area with walls of glass framing the views, a gas fireplace, beautiful oak floors, Caesarstone countertops, contemporary lighting, and luxury appliances throughout. Downstairs, a totally private, fully appointed unit with open living, dining, and kitchen, a spacious bedroom, full bath, and additional room (ideal as an office, study, media room, or guest/nanny suite) provides flexible options for multigenerational living, a home office, or potential income. Impeccably maintained and truly turn-key, this Riviera gem pairs architectural pedigree with modern comfort, delivering the quintessential Santa Barbara lifestyle in one outstanding property. Extensive upgrade / maintenance list (including new roof) available upon request.
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 | 2.0 | 50% |
| Square foot | 1,606 | 1,797 | 49% |
| Lot Size | 6,098 | 10,018.8 | 32% |
| Price | $2.78M | $2.09M | 65% |
| Price per sq ft | $1.7K | $1.1K | 73% |
| Built year | 1941 | 1940 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 196 | 3% |
Apr 17, 2026
$2,780,000
Initial Listing
Nov 7, 2022
$2,500,000
Public Record
Nov 6, 2020
$1,750,000
Public Record
Apr 4, 2003
$790,000
Public Record
Sep 6, 2001
$719,000
Public Record