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1919 El Camino De La Luz, SANTA BARBARA, CA 93109, SANTA BARBARA, 93109 - 3 bed, 2 bath

1919 El Camino De La Luz, SANTA BARBARA, CA 93109 home-pic-0
ACTIVE$3,950,000$1,384/sqft
Est. Value: $3,511,342
-11%
AboveEstimate
1919 El Camino De La Luz, SANTA BARBARA, CA 93109
3Beds
2Baths
1,384Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($3,511,342.14) is $438,657.86 (11%) lower than the list price ($3,950,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1384.
Top Cons:
Age of Property & Potential System Updates: Built in 1956, while in 'good condition,' the age of the property suggests that major systems (e.g., HVAC, plumbing, electrical) may be original or require significant updates to meet modern efficiency and luxury standards.

Compared to the nearby listings

Price:$3.95M vs avg $2.56M (+$1,394,000)86%
Size:1,384 sqft vs avg 1,625 sqft42%
Price/sqft:$2.9K vs avg $1.2K95%

More Insights

Built in 1956 (70 years old).
Condition: Built in 1956, this property is well-maintained with hardwood floors and dual-pane windows, indicating regular upkeep. However, the kitchen features dated granite countertops, older tile flooring, and a mix of appliance ages. One bathroom has a somewhat updated vanity, but the other is significantly dated with yellow tile and older fixtures. The light fixtures throughout are generally basic and outdated. While livable and clean, the property requires substantial aesthetic updates in the kitchen and bathrooms, and the listing description itself hints at a need for 'transformation' and potential updates to major systems, aligning with the 'fair' condition criteria.
Year Built
1956
Close
-
List price
$3.95M
Original List price
-
Price/Sqft
$2,854
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4060
Home ConditionFair
Features
Excellent View:
Deck
View-

About this home

This is the Santa Barbara beach house you have been waiting for! Wake up to the tranquil sound of waves crashing on the shore and the rejuvenating breeze of fresh ocean air. Enjoy complete serenity while overlooking the spectacular Pacific Ocean and Channel Islands. Spanish for ''path of light,'' El Camino De La Luz is a highly sought-after cul-de-sac street in the heart of the Mesa neighborhood. Although you may have an incredible vision to transform this sunny south-facing property into your dream home, the existing residence is a charming single-level California cottage in good condition with hardwood floors and dual-pane windows throughout. The living room has jaw-dropping ocean views, a cozy gas fireplace, and open beam ceilings. A spacious deck off the kitchen provides outdoor dining while you watch the sun gracefully setting over the ocean. There is a detached 2-car garage and ample driveway space. At the end of this quiet street is a pedestrian walking bridge that offers easy access to La Mesa Park, Lazy Acres, and the Mesa Shopping Center. This home is centrally located near the Mesa Lane Steps to the beach, the Douglas Preserve, Shoreline Park, Hendry's Beach, and Eling's Park. Washington Elementary School.

T
The Richardson
Listing Agent

Price History

Date
Event
Price
08/04/22
Sold
$4,050,000
Condition Rating
Fair
Built in 1956, this property is well-maintained with hardwood floors and dual-pane windows, indicating regular upkeep. However, the kitchen features dated granite countertops, older tile flooring, and a mix of appliance ages. One bathroom has a somewhat updated vanity, but the other is significantly dated with yellow tile and older fixtures. The light fixtures throughout are generally basic and outdated. While livable and clean, the property requires substantial aesthetic updates in the kitchen and bathrooms, and the listing description itself hints at a need for 'transformation' and potential updates to major systems, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1384.
Unparalleled Ocean Views: The property boasts spectacular, jaw-dropping views of the Pacific Ocean and Channel Islands from multiple vantage points, including the living room and deck, offering a serene and picturesque setting.
Prime Mesa Neighborhood Location: Situated on El Camino De La Luz, a highly sought-after cul-de-sac street in the heart of the Mesa, providing tranquility and excellent access to beaches, parks (Douglas Preserve, Shoreline Park), and local amenities like La Mesa Park and Mesa Shopping Center.
Charming Single-Level Cottage: A well-maintained, charming single-level California cottage featuring desirable elements such as hardwood floors, dual-pane windows, a cozy gas fireplace, and open beam ceilings, appealing to a broad range of buyers.
Excellent Outdoor Living Space: A spacious deck off the kitchen provides an ideal setting for outdoor dining and enjoying ocean sunsets, enhancing the property's lifestyle appeal and entertainment potential.
Development Potential: The property offers significant potential for a buyer with 'an incredible vision' to transform and expand the existing structure into a custom dream home, maximizing its value in this prime location.

Cons

Age of Property & Potential System Updates: Built in 1956, while in 'good condition,' the age of the property suggests that major systems (e.g., HVAC, plumbing, electrical) may be original or require significant updates to meet modern efficiency and luxury standards.
Modest Square Footage for Price Point: With 1384 sqft, the living space is relatively modest for a property listed at $3.95 million, indicating that the value is heavily concentrated in the land, location, and views, which might not appeal to buyers prioritizing larger interior space.
Implied Renovation Investment: The description hints at the need for an 'incredible vision to transform' the property, suggesting that while charming, significant additional investment may be required to modernize or expand the home to fully realize its potential and align with the high price point.
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