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 $2,950,000. 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.
Tucked beneath a canopy of mature trees, a newly rebuilt 2-bedroom, 1-bath Montecito pied--terre offers an earthy yet 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 back gardens are thoughtfully designed with a stone fireplace, limestone terrace, outdoor shower, & raised vegetable beds, & 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 1.0 | 5.0 | 6% |
| Square foot | 816 | 3,681 | 9% |
| Lot Size | 6,534 | 40,075.199 | 17% |
| Price | $2.95M | $5.30M | 23% |
| Price per sq ft | $3.6K | $1.7K | 92% |
| Built year | 1948 | 1982 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 221 | 2% |
Apr 15, 2026
$2,950,000
Initial Listing
Sep 18, 2025
$1,575,000
Public Record
Oct 29, 1999
$450,000
Public Record