1508 Miramar, Santa Barbara, CA 93108, Santa Barbara, 93108 - 2 bed, 4 bath
1508 Miramar
Santa Barbara, CA 93108
Property Price
SUMMARY
Analysis of 1508 Miramar, Santa Barbara, CA 93108 is currently available with a list price of $7,750,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 1508 Miramar
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $3400 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 8% |
| Baths | 4.0 | 5.0 | 50% |
| Square foot | 1,550 | 3,681 | 20% |
| Lot Size | 1,742 | 43,560 | 10% |
| Price | $7.75M | $5.49M | 64% |
| Price per sq ft | $5.0K | $1.6K | 99% |
| Built year | 1957 | 1973 | 31% |
| HOA | $3400 | $0 | 98% |
| Days on market | 255 | 239 | 56% |
Pricing History
Listed for Sale
Jun 25, 2025
$7,750,000
Initial Listing
Sold
Jan 21, 2016
$5,225,000
Public Record