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1520 Willina Lane, Santa Barbara, CA 93108, Santa Barbara, 93108 - 2 bed, 2 bath

1520 Willina Lane, Santa Barbara, CA 93108 home-pic-0
ACTIVE$4,895,000$1,727/sqft
1520 Willina Lane, Santa Barbara, CA 93108
2Beds
2Baths
1,727Sqft
8,712Lot

Price Vs. Estimate

Estimation data not available

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 = 8712, living area = 1727.
Top Cons:
Limited Bedroom Count: With only two bedrooms, the property may not accommodate larger families or those requiring more living space, potentially narrowing the buyer pool for a Montecito property.

Compared to the nearby listings

Price:$4.89M vs avg $6.00M ($-1,105,000)38%
Size:1,727 sqft vs avg 2,795 sqft27%
Price/sqft:$2.8K vs avg $1.4K94%

More Insights

Built in 1920 (106 years old).
Condition: The property, built in 1920, is lovingly maintained and exudes historic charm. However, the kitchen features dated white tile countertops, a vintage-style range, and older white appliances, which do not meet current quality standards. The bathrooms also show signs of being outdated, particularly with the pink tile surround in the primary bathroom and tile countertops in the second bathroom. While the home is clean and functional, these key areas require significant updates to align with modern aesthetics and expectations, placing it in the 'Fair' category.
Year Built
1920
Close
-
List price
$4.89M
Original List price
-
Price/Sqft
$2,834
HOA
$0
Days on market
-
Sold On
-
MLS number
25535011
Home ConditionFair
Features
Good View:
Pool
Spa
Patio
View-

About this home

Welcome to this enchanting 2-bedroom, 2-bathroom cottage nestled in the highly sought-after Hedgerow District of Montecito. Spanning +/-1,761 square feet, this lovingly maintained home exudes character and charm, offering a serene and private retreat. The quaint lot is adorned with verdant landscaping, providing a tranquil and secluded setting. Take a dip in the sparkling pool or unwind in the spa, perfect for enjoying Montecito's idyllic weather year-round. The +/-317-square-foot pool house offers additional space for guests, a home office, or a creative studio, enhancing the property's appeal. This charming neighborhood is a short stroll to the Rosewood Miramar Resort, beach access, both the Upper and Lower Villages, restaurants, shopping, and all that Montecito has to offer. Lovingly cared for by its owners for over 24 years and situated in the highly coveted Montecito Union School District, this cottage is a rare find that seamlessly blends historic charm with modern comforts.

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Listing Agent
Condition Rating
Fair
The property, built in 1920, is lovingly maintained and exudes historic charm. However, the kitchen features dated white tile countertops, a vintage-style range, and older white appliances, which do not meet current quality standards. The bathrooms also show signs of being outdated, particularly with the pink tile surround in the primary bathroom and tile countertops in the second bathroom. While the home is clean and functional, these key areas require significant updates to align with modern aesthetics and expectations, placing it in the 'Fair' category.
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 = 8712, living area = 1727.
Exceptional Location: Situated in the highly sought-after Hedgerow District of Montecito, offering convenient access to the Rosewood Miramar Resort, beach, Upper and Lower Villages, dining, and shopping.
Luxury Outdoor Amenities: Features a sparkling private pool and spa, providing a resort-like experience perfect for enjoying Montecito's idyllic climate year-round.
Versatile Additional Space: A significant +/-317-square-foot pool house offers flexible space ideal for guests, a home office, or a creative studio, enhancing the property's utility and value.
Historic Charm & Meticulous Care: A 1920-built cottage that has been lovingly maintained by its owners for over 24 years, seamlessly blending historic character with modern comforts.
Prestigious School District: Located within the highly coveted Montecito Union School District, a significant draw for families seeking top-tier education.

Cons

Limited Bedroom Count: With only two bedrooms, the property may not accommodate larger families or those requiring more living space, potentially narrowing the buyer pool for a Montecito property.
Historic Property Considerations: While charming, a 1920-built home may come with inherent maintenance considerations for older systems (e.g., plumbing, electrical, foundation) that could require future investment, despite being well-maintained.
High Price Point for Size: The list price of $4.895 million is substantial for a 1,761 sqft, 2-bedroom cottage, even in a prime Montecito location, which could impact market velocity.
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