
Santa Barbara, CA 93109
This Versatile Coastal Residence represents a Strong Value Opportunity with a List Price of $3,849,000—positioned well below the $4,275,902 Fair Market Value by 9%. This pricing strategy, supported by local comparable sales, offers $426,902 in Instant Equity. Boasting a Condition Rating of 3, the property features a flexible multi-generational layout with two primary suites and mountain views. Meticulously designed with a spa, deck, and patio, the home offers a proven rental history. This is an ideal opportunity for Owner-Occupants or Vacation Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1624 Shoreline Drive Subject | $3,668,320 | 5 | 4 | 3,417 | $1,256 | - |
A 1624 Shoreline Drive Active | $4,200,000 List Price | 5 | 4 | 3,417 | $1,229 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1958, the property has been well-maintained and updated. The kitchen features stainless steel appliances and painted cabinetry, and the interior boasts modern wide-plank flooring in bedrooms and a clean, functional layout. While not a brand-new renovation, it is move-in ready and shows no signs of deferred maintenance, fitting the 5-15 year renovation criteria.
Situated on the prestigious Shoreline Drive just moments from the beach, this property offers an enviable coastal lifestyle in one of Santa Barbara's most sought-after neighborhoods.
With five bedrooms, two primary suites (one on each level), and an upstairs kitchenette, the floor plan provides exceptional flexibility for multi-generational living or high-end guest accommodations.
The home features meticulously designed outdoor spaces, including a front garden spa, a balcony with a fire pit, and an outdoor shower, perfectly capturing the Santa Barbara climate.
While located on Shoreline Drive, the property is noted for mountain views rather than direct Pacific Ocean vistas, which may be a drawback for buyers at this price point.
Originally built in 1958, the property may require significant capital investment for modernizing systems or aesthetic finishes to compete with newer luxury builds in the area.
Just moments from the shoreline, a home awaits where coastal living unfolds with ease and charm. From the moment you arrive, the front garden sets the tone with a spa and seating area that invite you to pause, unwind, and savor the sun. Inside, the entry opens to the living room, a welcoming gathering space that flows effortlessly into the kitchen. Designed for connection, the kitchen extends directly to the backyard, creating an ideal setting for al fresco dining and easy indoor-outdoor living. Here, an outdoor shower adds a touch of coastal ease, perfect after beach days or afternoons in the garden. Down the hallway, three comfortable bedrooms offer retreat, including one with French doors that open to the backyard, blending comfort with the outdoors. Upstairs, the heart of the home reveals itself. A spacious den with soaring wood planked ceilings and a fireplace creates a warm, inviting hub for gatherings, complemented by an adjoining playroom and a convenient kitchenette. From this central space, a balcony extends the living area outdoors where a fire pit and cozy seating provide the perfect setting for sunsets, laughter, and quiet moments alike. Two additional bedrooms complete the level, one of which serves as a generous primary suite with its own bathroom and private deck. With two primary suites, one conveniently located on the entry level and another upstairs with its own private deck, this residence offers an ideal layout for multi-generational living, extended guests, or the ultimate in personal flexibility. With five bedrooms in all and front and back yards designed for entertaining and relaxation, the home tells the story of a lifestyle shaped by the coast where every day feels like a seamless blend of comfort, connection, and natural beauty, while also offering a coveted rental opportunity with a proven history for either personal enjoyment or vacation use.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.6 |
| Baths | 4.0 | 3.3 |
| Square foot | 3,417 | 2,905.353 |
| Lot Size | 7,841 | 21,805.412 |
| Price | $3.67M | $4.86M |
| Price per sq ft | $1.1K | $1.7K |
| Built year | 1958 | 1958 |
| HOA | $0 | $3.2K |
| Days on market | 147 | 84 |
Apr 15, 2026
$3,849,000
Initial Listing