
Santa Barbara, CA 93108
This Turnkey Oceanfront Townhome represents a Strong Value Opportunity, listed at $5,191,000—positioned well below the $5,482,571 Fair Market Value by 5%. This valuation gap offers $291,571 in Instant Equity for the discerning buyer. Featuring a Mint Condition Rating following a total stud-up renovation, the home includes high-end Sub-Zero/Wolf appliances, Fleetwood windows, and a private garden patio. Located in the gated Bonnymede enclave, this property is the ideal sanctuary for luxury lifestyle seekers or sophisticated owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1370 Plaza De Sonadores Subject 2 bd · 3 ba · 1,476 sqft · $3,714 | $5,191,000* List Price | 2 | 3 | 1,476 | $3,714 | - |
A 1301 Plaza De Sonadores Active 2 bd · 3 ba · 1,392 sqft · $4,274 · 0.1 mi | $5,950,000 List Price | 2 | 3 | 1,392 | $4,274 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent a complete 'down to the studs' renovation within the last 5 years. It features a high-end kitchen with new Sub-Zero and Wolf appliances, fully remodeled marble bathrooms with premium fixtures (TOTO Neorest, steam shower), and updated systems including new HVAC and Fleetwood windows. The condition is mint and move-in ready.
Meticulously rebuilt from the studs with high-end finishes including Fleetwood windows, Sub-Zero/Wolf appliances, and custom marble work, offering a rare move-in-ready experience.
Situated in a 24/7 gated oceanfront enclave with private beach access and immediate proximity to the Rosewood Miramar, Biltmore, and Coast Village Road.
Equipped with rare upgrades for the complex, including central air conditioning, a steam shower, electric shades, and integrated in-ceiling speakers.
The monthly association fee of $1,835 is substantial, adding a significant recurring expense to the cost of ownership.
At over $5M for approximately 1,476 square feet, the property commands an exceptionally high price per square foot that may challenge buyers seeking more interior volume.
Some homes are updated. This one was reimagined. Taken down to the studs and rebuilt over 18 months, this Bonnymede townhome pairs sunlit, south-facing rooms with warm marble, brass, and oak. The jewel-box powder room, wrapped in a sea-green wall covering with hidden vintage map details, stops guests in their tracks. Two bedrooms, two and a half baths, central air conditioning, and impeccable taste throughout. It's a rare find in this gated oceanfront enclave. Respected general contractor Manzo Construction, Inc. brought care to every detail of the approximately 1,476-square-foot home. The work is done. Simply unpack, then head down to the beach. Light sets the tone. Fleetwood floor-to-ceiling windows and sliders open to the patio and fill the living areas with sunshine all day, while electric shades soften the glow at the touch of a button. A linear fireplace anchors the living room, and beside it a floating oak staircase rises, each tread softly lit. The kitchen pairs custom cabinetry and marble counters with new Sub-Zero and Wolf appliances. Upstairs, wide-plank oak floors lead to two primary suites, one opening to a balcony. Both baths are fully remodeled with marble counters, and the primary bath adds a steam shower, a jetted soaking tub, and a TOTO Neorest toilet. Built-ins, custom closets, new HVAC, in-ceiling speakers, a stacking washer and dryer, a sunny garden patio, and two garage spaces complete the picture. Then there's Bonnymede itself: private beach access, a pool, spa, and tennis court, and garden paths to the shore, all behind a gate staffed 24/7. Butterfly Beach, the Biltmore and its Coral Casino, the Rosewood Miramar, and Coast Village Road are all moments away. For anyone who has been waiting for the right Bonnymede home, this is the one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,476 | 1,467 |
| Lot Size | 1,013 | 1,962 |
| Price | $5.19M | $3.00M |
| Price per sq ft | $3.5K | $1.8K |
| Built year | 1965 | 1979 |
| HOA | $1835 | $1.4K |
| Days on market | 11 | 23 |
Oct 13, 2026
$5,191,000
Initial Listing
Dec 30, 2021
$1,800,000
Public Record
Feb 27, 1998
$435,000
Public Record