1504 Live Oak Lane, Santa Barbara, CA 93105, Santa Barbara, 93105 - 3 bed, 3 bath
Loading property details...
1504 Live Oak Lane
Santa Barbara, CA 93105
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,230Sq Ft
8,712Lot Size
Property Price
LIST PRICE$2,795,000
EST. MARKET VALUE
$2,915,210
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $2,795,000—positioned well below the $2,915,210 Fair Market Value by 4%. This valuation gap offers $120,210 in Instant Equity for the buyer. Featuring a remodeled kitchen with high-end appliances and a detached studio, the property maintains an Excellent Condition Rating. Its prime Bel Air Knolls location, combined with mountain views and modern HVAC, makes this an ideal sanctuary for Owner-Occupants or discerning professionals seeking a move-in ready lifestyle.
Estimated Market Value
$2,915,210+$120,210 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1504 Live Oak Lane Subject 3 bd · 3 ba · 2,230 sqft · $1,307 | $2,795,000* List Price | 3 | 3 | 2,230 | $1,307 | - |
A 1170 Veronica Springs Rd Sold 3 bd · 2 ba · 1,610 sqft · $1,283 · 0.2 mi | $2,066,000 | 3 | 2 | 1,610 | $1,283 | 0.2 mi |
B 718 Calabria Drive Pending 3 bd · 3 ba · 1,875 sqft · $1,333 · 0.7 mi | $2,500,000 List Price | 3 | 3 | 1,875 | $1,333 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a high-end renovation within the last 5 years, featuring a remodeled kitchen with quartzite countertops and Sub-Zero appliances, updated bathrooms, and new central HVAC systems. The interior is in mint condition with modern flooring, custom built-ins, and a detached studio, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Gourmet Remodeled Kitchen
The kitchen features high-end Sub-Zero appliances, quartzite countertops, and a custom island, offering a luxury culinary experience that serves as the home's centerpiece.
- Detached Versatile Studio
A separate, climate-controlled studio with wired internet provides essential flexibility for a modern home office, fitness center, or creative workspace.
- Prime Location and Lot
Situated on a generous corner lot in the desirable Bel Air Knolls, the property offers mountain views and excellent proximity to Hendry's Beach and downtown Santa Barbara.
CONSRISKS & DEFICIENCIES
- Reduced Bedroom Count
The conversion of the fourth bedroom into a dressing room may limit the home's appeal for larger families or buyers requiring four distinct sleeping areas.
- High Price Point
With a list price of $2.795M, the property commands a premium price relative to its 1969 construction year and 2,230 square footage.
About 1504 Live Oak Lane
Set on a generous corner lot in Bel Air Knolls, 1504 Live Oak Lane pairs a flexible two-story floor plan with beautifully considered indoor and outdoor spaces. The approximately 2,230 sf home originally offered four bedrooms; one is currently configured as an expansive dressing room and closet.At the heart of the home, the remodeled kitchen features quartzite countertops, a custom island, a Sub-Zero refrigerator and separate freezer, and a walk-in pantry. Custom built-ins add character to the living room, while updated bathrooms and central heating and air conditioning bring everyday comfort.The landscaped backyard offers a firepit, garden beds, and space to gather. A detached studio with heating, air conditioning, and a wired internet adds flexibility for work, exercise, or creative pursuits. Close to Hendry's Beach, the Mesa, and downtown Santa Barbara, this home offers elevated space to settle in and make it your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.2 |
| Square foot | 2,230 | 2,768.185 |
| Lot Size | 8,712 | 20,827.852 |
| Price | $2.79M | $4.30M |
| Price per sq ft | $1.3K | $1.6K |
| Built year | 1969 | 1959 |
| HOA | $0 | $3.2K |
| Days on market | 14 | 89 |
Pricing History
Listed for Sale
Oct 10, 2026
$2,795,000
Initial Listing
Sold
Oct 9, 2020
$1,522,500
Public Record