1600 Santa Barbara Street, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - 4 bed, 4 bath
ACTIVE$7,500,000$12,500/sqft
1600 Santa Barbara Street, SANTA BARBARA, CA 93101
4Beds
4Baths
12,500Sqft
31,363.199Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Historic Significance & Rarity: The McCormick House is offered for sale for the first time in 85 years, representing a unique legacy estate opportunity and a rare piece of Santa Barbara's architectural and philanthropic heritage.
Top Cons:
Extensive Renovation Required: The description indicates the structure is 'ready to be re-imagined,' implying a substantial investment in renovation and conversion to suit modern residential or multi-family standards, given its past uses as a wellness and art education center.
Compared to the nearby listings
Price:$7.50M vs avg $1.40M (+$6,100,500)98%
Size:12,500 sqft vs avg 984 sqft98%
Price/sqft:$600 vs avg $84245%
More Insights
Built in 1940 (86 years old).
Condition: Built in 1940, this property is 84 years old and explicitly described as 'ready to be re-imagined,' requiring 'substantial investment in renovation and conversion' to suit modern residential standards. The listing also notes that 'major systems (plumbing, electrical, HVAC) and structural elements may require significant upgrades or replacement.' While the general living areas appear well-maintained with classic features like hardwood floors and ornate fireplaces, they are dated in style. Crucially, there are no images of the kitchen or bathrooms, which, combined with the property's age and past use as an art education center, strongly suggests these critical areas are severely outdated and require complete renovation. The large open space (likely the art education center) is not configured for residential living. This aligns with the 'poor' condition criteria, indicating substantial repairs and rehabilitation are needed to make it a comfortable, functional modern home.
Year Built
1940
Close
-
List price
$7.5M
Original List price
-
Price/Sqft
$600
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3976
Home ConditionPoor
Features
Good View:
Deck
Patio
View-
About this home
Poised at the crossroads of Santa Barbara's Upper East and downtown and across from Alice Keck Park gardens, and now for sale for the 1st time in its 85-year history, the McCormick House is a unique treasure and legacy estate opportunity. Built in 1940 in a Minimal Traditional design with enduring elegance by architect Chester Carjola for the purpose of a wellness center, the structure was converted to a residence in the 1950's, then used since the 1970's as an art education center. Zoned for residential or multi-family on 0.72 acres, the ~12,500+/-SF structure is ready to be re-imagined as a one-of-a-kind grand estate, moments from parks, theaters and dining. This is a rare opportunity to own a piece of Santa Barbara's architectural and philanthropic heritage - while shaping its future.
J
Joshua Ramirez
Listing Agent
Condition Rating
Poor
Built in 1940, this property is 84 years old and explicitly described as 'ready to be re-imagined,' requiring 'substantial investment in renovation and conversion' to suit modern residential standards. The listing also notes that 'major systems (plumbing, electrical, HVAC) and structural elements may require significant upgrades or replacement.' While the general living areas appear well-maintained with classic features like hardwood floors and ornate fireplaces, they are dated in style. Crucially, there are no images of the kitchen or bathrooms, which, combined with the property's age and past use as an art education center, strongly suggests these critical areas are severely outdated and require complete renovation. The large open space (likely the art education center) is not configured for residential living. This aligns with the 'poor' condition criteria, indicating substantial repairs and rehabilitation are needed to make it a comfortable, functional modern home.
Pros & Cons
Pros
Historic Significance & Rarity: The McCormick House is offered for sale for the first time in 85 years, representing a unique legacy estate opportunity and a rare piece of Santa Barbara's architectural and philanthropic heritage.
Prime Location: Strategically located at the crossroads of Santa Barbara's Upper East and downtown, directly across from Alice Keck Park gardens, and moments from local parks, theaters, and dining.
Versatile Zoning & Potential: Zoned for residential or multi-family use, the property offers significant flexibility for re-imagining it as a grand estate or a multi-unit development.
Substantial Size: With approximately 12,500 square feet of structure on a generous 0.72-acre lot, the property provides ample space for a significant development or expansive private residence.
Architectural Heritage: Designed in 1940 by architect Chester Carjola in a Minimal Traditional style, the property possesses enduring elegance and architectural character.
Cons
Extensive Renovation Required: The description indicates the structure is 'ready to be re-imagined,' implying a substantial investment in renovation and conversion to suit modern residential or multi-family standards, given its past uses as a wellness and art education center.
High Price Point: The list price of $7,500,000 positions this as a luxury investment, potentially limiting the pool of prospective buyers.
Age of Property: Built in 1940, the property is 85 years old, suggesting that major systems (plumbing, electrical, HVAC) and structural elements may require significant upgrades or replacement during the re-imagining process.