159 Loureyro Road, Santa Barbara, CA 93108, Santa Barbara, 93108 - 2 bed, 1 bath
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Santa Barbara, CA 93108
Analysis of 159 Loureyro Road, Santa Barbara, CA 93108 is currently available with a list price of $2,850,000. 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.
Property is new construction or fully renovated.
The property is described as 'newly rebuilt' and 'newly transformed,' placing it well within the <5-year renovation window for an Excellent rating. Images confirm mint condition with high-end Calcutta Viola stone, Wolf appliances, modern HVAC vents, and premium finishes throughout.
The property features premium materials including Calcutta Viola stone, waxed plaster walls, and pitched beam ceilings, offering a sophisticated and turnkey 'pied-à-terre' aesthetic.
Situated in the prestigious coastal zone of the 93108 zip code, the home provides immediate access to world-class beaches and high-end local amenities.
The inclusion of a separate office, finished garage, and thoughtfully designed outdoor spaces, combined with short-term rental potential, offers significant flexibility for owners and investors.
The property was recently sold within the past year on 2025-09-18. The sold price is $1,575,000.00.
With a list price of $2.95M for only 816 square feet, the property commands an exceptionally high price-per-foot valuation that may challenge traditional appraisals.
The small footprint and single-bathroom configuration may restrict the property's appeal to a narrow demographic, such as singles or couples, rather than families.
Peaceful & serene Montecito pied--terre tucked beneath a canopy of mature trees. This luxe newly rebuilt 2-bedroom, 1-bath offers an earthy & refined feel. The great room is anchored by soft-toned Calcutta Viola stone counters & high-end appliances, complemented by arched doorways, waxed plaster walls, stone fireplace, pitched beam ceilings, & bi-folding doors. A finished one-car garage & separate office provide flexibility. The gardens are thoughtfully designed with a large stone fireplace, limestone terrace, outdoor shower, & lawn. Located in the coastal zone just moments from the best beaches, this newly transformed property offers a compelling opportunity for both personal use & investment, with strong short-term rental income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 903 | - |
| Lot Size | 6,534 | - |
| Price | $2.85M | $2.43M |
| Price per sq ft | $3.2K | $1.3K |
| Built year | 2026 | 0 |
| HOA | $0 | $0 |
| Days on market | 98 | 60 |
Jun 14, 2026
$2,850,000
$2,950,000
-3% Price Drop
Initial Listing
Apr 15, 2026
$2,950,000
Initial Listing
Sep 18, 2025
$1,575,000
Public Record
Oct 29, 1999
$450,000
Public Record