
SANTA BARBARA, CA 93109
This Meticulously Redefined Spanish Residence is a Prime Investment Opportunity, listed at $4,195,000—positioned well below the $4,377,485 Fair Market Value by 4%. This valuation gap offers $182,485 in Instant Equity for the incoming buyer. "Casa Paloma" holds a Mint Condition Rating, featuring bespoke Calacatta Viola marble, Sub-Zero and Wolf appliances, and distant ocean views. Located in the premier Mesa neighborhood near Shoreline Park, this turnkey home balances high-end luxury with immediate financial upside. It is an exceptional find for Luxury Owner-Occupants or Lifestyle-Driven Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1649 Miramesa Drive Subject | $4,195,000* List Price | 4 | 4 | 2,824 | $1,550 | - |
A 622 Sunrise Vista Way Sold | $4,200,000 | 3 | 4 | 2,549 | $1,648 | 0.4 mi |
B 1568 La Vista Del Oceano Sold | $5,000,000 | 3 | 4 | 2,824 | $1,771 | 0.2 mi |
C 214 Via Sevilla Sold | $4,383,000 | 5 | 4 | 3,144 | $1,394 | 0.7 mi |
D 2416 Medcliff Road Sold | $3,050,000 | 4 | 3 | 1,720 | $1,773 | 0.7 mi |
E 313 Salida Del Sol Sold | $3,499,000 List Price | 5 | 5 | 2,400 | 0.2 mi | |
F 305 Mesa Lane Active | $3,200,000 List Price | 6 | 5 | 2,898 | $1,104 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1983 residence has been completely transformed with a high-end, bespoke renovation likely completed within the last 1-2 years. The kitchen features top-tier Sub-Zero and Wolf appliances with premium Calacatta Viola marble, and the bathrooms and living spaces show mint-condition finishes, modern electrical/lighting, and updated windows throughout.
Situated in the highly coveted Mesa neighborhood, the property offers exceptional proximity to Shoreline Park, Lazy Acres, and local dining, providing a quintessential Santa Barbara lifestyle.
The home features high-end 'redefined' interiors, including Calacatta Viola marble and professional-grade Sub-Zero and Wolf appliances, catering to buyers seeking a sophisticated, designer aesthetic.
With 2,824 sq. ft. of completely transformed living space, this residence offers a move-in-ready experience that blends classic Spanish architecture with contemporary bohemian luxury.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2824, other record living area = 2554.
The property was recently sold within the past year on 2025-10-03. The sold price is $2,650,000.00.
The listing price reflects a substantial increase from its previous sale, positioning it at a high price-per-square-foot that may challenge appraisal values in the immediate area.
Introducing ''Casa Paloma'' a meticulously redefined 1983 Spanish residence offering 2,824 sq. ft. of elevated living on the Mesa. This 4 bedroom, 3.5 bath home has been completely transformed with bespoke finishes. The kitchen showcases warm Calacatta Viola marble paired with Sub-Zero refrigeration and Wolf appliances, while each space embodies a refined, bohemian aesthetic. ''Casa Paloma'' is a testament to sophisticated craftsmanship in one of Santa Barbara's most desirable neighborhoods in close proximity to Lazy Acres shopping center, coffee shops, restaurants and Shoreline Park
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 4.0 | 2.0 | 82% |
| Square foot | 2,824 | 1,720 | 82% |
| Lot Size | 10,890 | 8,712 | 68% |
| Price | $4.20M | $2.56M | 72% |
| Price per sq ft | $1.5K | $1.6K | 40% |
| Built year | 1983 | 1959 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 200 | 2% |
Apr 13, 2026
$4,195,000
Initial Listing
Oct 3, 2025
$2,650,000
Public Record