1520 Portesuello Avenue, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 3 bed, 3 bath
ACTIVE$2,300,000$2,184/sqft
Est. Value: $1,824,946
-20%
AboveEstimate
1520 Portesuello Avenue, SANTA BARBARA, CA 93105
3Beds
3Baths
2,184Sqft
30,492Lot
Price Vs. Estimate
The estimated value ($1,824,946.27) is $475,053.73 (20%) lower than the list price ($2,300,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 30492, living area = 2184.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =30492, other record lot size in square feet = 29620.
Compared to the nearby listings
Price:$2.30M vs avg $2.28M (+$20,000)50%
Size:2,184 sqft vs avg 1,799.5 sqft63%
Price/sqft:$1.1K vs avg $1.1K48%
More Insights
Built in 1966 (60 years old).
Condition: Built in 1966, this property is well-maintained and move-in ready, but shows signs of updates that are 15-30 years old rather than recent. The kitchen features modern stainless steel appliances, but the granite countertops and tile flooring are somewhat dated. Bathrooms are functional, with the master shower appearing updated, but other elements like the wallpaper and mirrored wall in the master bath, and the overall style of the secondary bathrooms, are outdated. The laminate flooring throughout the living areas and bedrooms, while clean, is not a premium material. The property's age also suggests potential for future system updates, aligning with the 'Fair' category's description of an aged but maintained home with functional components showing signs of being outdated.
Year Built
1966
Close
-
List price
$2.3M
Original List price
-
Price/Sqft
$1,053
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3631
Home ConditionFair
Features
Good View:
Deck
Patio
View-
About this home
Three bedroom/three bath mid-century modern in Bel Air Knolls. Spacious kitchen with gas range, refrigerator, dishwasher and lots of counterspace. Formal dining with fireplace for living room and dining room. Extra room for family, library or office. Master bedroom with mountain view and large closets. Mirrored bathroom with walk-in shower. Two additional bedrooms with bathroom. Laminate flooring throughout. Mature oak trees with mountain views and tiled patio. Two plus garage including separate laundry room featuring folding counter and washer/dryer. Near Mesa shopping,, Elings Park and Arroyo Burro beach.
M
Michael Gilson
Listing Agent
Price History
Date
Event
Price
03/26/99
Sold
$599,000
Condition Rating
Fair
Built in 1966, this property is well-maintained and move-in ready, but shows signs of updates that are 15-30 years old rather than recent. The kitchen features modern stainless steel appliances, but the granite countertops and tile flooring are somewhat dated. Bathrooms are functional, with the master shower appearing updated, but other elements like the wallpaper and mirrored wall in the master bath, and the overall style of the secondary bathrooms, are outdated. The laminate flooring throughout the living areas and bedrooms, while clean, is not a premium material. The property's age also suggests potential for future system updates, aligning with the 'Fair' category's description of an aged but maintained home with functional components showing signs of being outdated.
Pros & Cons
Pros
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 = 30492, living area = 2184.
Desirable Location: Situated in the prestigious Bel Air Knolls subdivision of Santa Barbara, offering excellent proximity to Mesa shopping, Elings Park, and Arroyo Burro beach.
Expansive Lot & Outdoor Living: Features a substantial 30,492 sqft lot with mature oak trees, mountain views, and a tiled patio, providing ample space for outdoor enjoyment and privacy.
Mid-Century Modern Architecture: A distinctive mid-century modern design with 3 bedrooms and 3 bathrooms, appealing to buyers seeking this classic architectural style.
Functional & Versatile Interior: Includes a spacious kitchen with modern appliances, a formal dining room with a fireplace, and an extra room suitable for a family room, library, or office.
Ample Parking & Dedicated Laundry: Offers a two-plus car garage and a separate laundry room with a folding counter and washer/dryer, enhancing convenience and utility.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =30492, other record lot size in square feet = 29620.
Property Age & Potential for System Updates: Built in 1966, the property's age suggests that while well-maintained, some core systems (e.g., plumbing, electrical, HVAC) may be original or require future updates not explicitly mentioned.
Laminate Flooring Throughout: The presence of laminate flooring throughout the home may not align with the preferences of all buyers in this price point, who might expect more premium materials like hardwood or natural stone.
Recent Price Adjustments: The listing history indicates recent price changes (an increase followed by a decrease), which could suggest a challenging market reception or an initial overestimation of market value.