
Santa Barbara, CA 93105
This Dual-Dwelling Residential Asset is currently listed at $2,749,000, positioned above the $2,120,950 Fair Market Value. While the property commands a premium, it offers significant utility through its Condition Rating of 3 and versatile layout. The Spanish-style architecture features original hardwood floors and beamed ceilings, while the fully separate second house provides exceptional potential for rental income or multi-generational living. With a large lot size and a central Santa Barbara location, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, income-producing lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2016 State Subject 2 bd · 3 ba · 1,522 sqft · $1,394 | $2,749,000* List Price | 2 | 3 | 1,522 | $1,394 | - |
A 11 Romaine Drive Active 2 bd · 2 ba · 1,464 sqft · $1,356 · 0.9 mi | $1,985,000 List Price | 2 | 2 | 1,464 | $1,356 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1925 Spanish-style home is well-maintained and move-in ready. The kitchen and bathrooms show signs of a renovation likely completed 15-20 years ago, featuring granite countertops, wood cabinetry, and functional appliances. While the interior finishes are slightly dated compared to modern trends, the property is in clean, functional condition with no visible deferred maintenance, fitting the criteria for a well-maintained older home.
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 = 1622.
The property features a fully separate second house, offering significant value for multi-generational living, a private home studio, or potential rental income in a high-demand area.
This 1925 Spanish-style residence preserves Santa Barbara's classic aesthetic with original hardwood floors, beamed ceilings, and iconic red tile roofing, providing timeless character.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1522, other record living area = 1622.
With a list price of $2,749,000 for 1,522 square feet, the property commands a premium valuation that may exceed the budget of buyers looking for more interior living space.
The primary residence contains only two bedrooms and a single bathroom, which may be a constraint for families or buyers seeking a modern primary suite configuration.
Built in 1925, this Spanish-style residence carries the character that defined Santa Barbara's early architecture, with classic white-washed walls, a red tile roof, and arched details that have held up for a century. A second, fully separate house on the property adds room to live, host, and plan for what comes next.Both homes are single-story, so daily living is easy from front door to garden. The main residence offers 2 bedrooms 1 baths] with [key interior features: e.g., original hardwood floors, beamed ceilings, fireplace, updated kitchen]. The second house offers [# bedrooms / # baths] and its own entrance, making it well suited for extended stays with guests, a home office or studio, or potential rental income (buyer to verify use and permits).Outside, [describe grounds: courtyard, patio, mature landscaping, fruit trees, parking]. The setting is central Santa Barbara, minutes from State Street, the Funk Zone, the beach, and the dining, shopping, and culture that make downtown living here so sought after.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 3.0 | 3.2 |
| Square foot | 1,522 | 2,768.185 |
| Lot Size | - | 20,827.852 |
| Price | $2.75M | $4.30M |
| Price per sq ft | $1.8K | $1.6K |
| Built year | 1925 | 1959 |
| HOA | $0 | $3.2K |
| Days on market | 26 | 89 |
Sep 28, 2026
$2,749,000
Initial Listing
Jun 1, 2011
$1,015,000
Public Record
Mar 4, 2005
$1,130,000
Public Record
Nov 8, 1996
$300,000
Public Record