1508 Miramar, Santa Barbara, CA 93108, Santa Barbara, 93108 - 2 bed, 4 bath
ACTIVE$7,750,000$1,550/sqft
1508 Miramar, Santa Barbara, CA 93108
2Beds
4Baths
1,550Sqft
1,742Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Unparalleled Beachfront Location: Offers direct, secluded beachfront living on Miramar Beach in Santa Barbara, a world-class and highly desirable location.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
Compared to the nearby listings
Price:$7.75M vs avg $6.00M (+$1,750,000)69%
Size:1,550 sqft vs avg 2,795 sqft27%
Price/sqft:$5.0K vs avg $1.4K99%
More Insights
Built in 1957 (69 years old).
Condition: Despite being built in 1957, this property has undergone an extensive and high-quality renovation. The images clearly show modern kitchens with new stainless steel appliances, white cabinetry, and contemporary countertops. Bathrooms are also fully updated with sleek vanities, modern fixtures, and clean tiling. Throughout the units, there is consistent, new-looking wood-look flooring and recessed lighting, indicating a comprehensive update to current quality standards. The interiors are bright, clean, and virtually new, with no visible deferred maintenance.
Year Built
1957
Close
-
List price
$7.75M
Original List price
-
Price/Sqft
$5,000
HOA
$3,400
Days on market
-
Sold On
-
MLS number
25557053
Home ConditionExcellent
Features
Excellent View:
Deck
View-
About this home
Life is short...live at the beach. Experience unparalleled beachfront living at this stunning duplex featuring two private 1-bdrm, 2-bthrm residences ideal for income potential, dual living, or a turn-key lifestyle. Step through a private security gate & into your secluded beachside sanctuary where each units' private balconies provide the perfect place to watch sunsets paint the sky. Large windows, bright interiors & modern kitchens make entertaining a joy, as long beach days & warm summer nights beckon from this world-class location. Whether you're seeking a short-term escape or a long-term residence, this versatile gem offers effortless access to a truly luxurious lifestyle. The wait is over. Make the move to Miramar Beach & embrace your California coastal dreams.
N
Nancy Kogevinas
Listing Agent
Price History
Date
Event
Price
01/21/16
Sold
$5,225,000
Condition Rating
Excellent
Despite being built in 1957, this property has undergone an extensive and high-quality renovation. The images clearly show modern kitchens with new stainless steel appliances, white cabinetry, and contemporary countertops. Bathrooms are also fully updated with sleek vanities, modern fixtures, and clean tiling. Throughout the units, there is consistent, new-looking wood-look flooring and recessed lighting, indicating a comprehensive update to current quality standards. The interiors are bright, clean, and virtually new, with no visible deferred maintenance.
Pros & Cons
Pros
Unparalleled Beachfront Location: Offers direct, secluded beachfront living on Miramar Beach in Santa Barbara, a world-class and highly desirable location.
Versatile Duplex Configuration: Features two private 1-bedroom, 2-bathroom residences, providing excellent potential for rental income, dual living arrangements, or a flexible lifestyle.
Modern & Bright Interiors: Boasts large windows, bright interiors, and modern kitchens, creating an inviting and updated living environment.
Private Outdoor Spaces: Each unit includes private balconies, offering ideal spots to enjoy sunsets and the coastal ambiance.
Exclusive & Secure Access: Entry through a private security gate ensures a secluded and secure beachside sanctuary.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1742, living area = 1550.
Premium Price Point: The list price of $7,750,000 is exceptionally high, targeting a very exclusive and limited buyer pool.
Substantial Association Fee: A significant association fee of $3,400 (presumably monthly) adds a considerable ongoing cost to ownership.
Compact Size for Price: With 1550 sqft of living space and a 1742 sqft lot, the property offers relatively compact dimensions for its premium beachfront price tag.