1429 Shoreline Drive, SANTA BARBARA, CA 93109, SANTA BARBARA, 93109 - 2 bed, 2 bath
1429 Shoreline Drive
SANTA BARBARA, CA 93109
Property Price
SUMMARY
Analysis of 1429 Shoreline Drive, SANTA BARBARA, CA 93109 is currently available with a list price of $4,950,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1972 and held by the same owner for 48 years, the home is well-maintained and 'turnkey' but remains largely in its original state. The kitchen and bathrooms feature dated cabinetry, older tile countertops, and vintage appliances that show their age. While the architectural design is iconic and the property is functional, it lacks modern luxury finishes and systems, as evidenced by the inclusion of conceptual remodel plans for future development.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1280.
- Prime Oceanfront Location
Boasting 184 feet of bluff-top frontage and direct proximity to Thousand Steps Beach, the property offers unparalleled panoramic views of the Pacific Ocean, Channel Islands, and coastline.
- Architectural Significance
Known as the 'Thousand Steps Beach House,' this iconic 1972 circular residence provides a unique and rare mid-century coastal aesthetic that is highly sought after in the Santa Barbara market.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At only 1,280 square feet of primary living area, the current home is relatively small for the $4.95M price point, resulting in a very high price-per-square-foot.
- Dated Infrastructure
Built in 1972 and held by the same owner for 48 years, the property likely requires substantial investment in modernization or a complete rebuild to meet contemporary luxury standards.
About 1429 Shoreline Drive
Introducing the iconic ''Thousand Steps Beach House!'' Floating above the sparkling Pacific Ocean with approximately 184 feet of ocean and bluff-top frontage, and adjacent to the famed Thousand Steps Beach access, this architecturally significant 1972 circular home features jaw-dropping panoramic ocean, island, coastline, and sunset views. Available for the first time in 48 years, this turnkey coastal masterpiece is waiting for its new owner. With 2 bedrooms, 2 baths, and 1,280 sq. ft. of living space—plus a permitted 480 sq. ft. detached garage-turned-workshop and storage, a carport, and additional storage—endless possibilities await. Whether revitalizing its iconic design or crafting a new legacy, this is a once-in-a-lifetime opportunity to claim an awe-inspiring stretch of ... California's coastline. Additional conceptual remodel plans are provided by architects Donaldson + Partners.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 13,939.2 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,280 | 1,645.5 | 23% |
| Lot Size | 13,939.2 | 8,712 | 78% |
| Price | $4.95M | $2.51M | 88% |
| Price per sq ft | $3.9K | $1.5K | 98% |
| Built year | 1972 | 1960 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 261 | 180 | 73% |
Pricing History
Listed for Sale
Jun 19, 2025
$4,950,000
Initial Listing