159 Loureyro Road, Santa Barbara, CA 93108, Santa Barbara, 93108 - 2 bed, 1 bath
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159 Loureyro Road
Santa Barbara, CA 93108
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
903Sq Ft
6,534Lot Size
Property Price
LIST PRICE$2,850,000
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- High-End Luxury Finishes
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.
- Prime Montecito Location
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.
- Versatile Living & Income Potential
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.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-09-18. The sold price is $1,575,000.00.
- High Price Per Square Foot
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.
- Limited Interior Scale
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.
About 159 Loureyro Road
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 1.0 | 3.2 |
| Square foot | 903 | 2,768.185 |
| Lot Size | 6,534 | 20,827.852 |
| Price | $2.85M | $4.30M |
| Price per sq ft | $3.2K | $1.6K |
| Built year | 2026 | 1959 |
| HOA | $0 | $3.2K |
| Days on market | 192 | 89 |
Pricing History
Listed for Sale
Jun 14, 2026
$2,850,000
$2,950,000
-3% Price Drop
Initial Listing
Price Change
Apr 15, 2026
$2,950,000
Initial Listing
Sold
Sep 18, 2025
$1,575,000
Public Record
Sold
Oct 29, 1999
$450,000
Public Record