2311 Finney Street, SUMMERLAND, CA 93067, SUMMERLAND, 93067 - 2 bed, 3 bath
2311 Finney Street
SUMMERLAND, CA 93067
Property Price
SUMMARY
Analysis of 2311 Finney Street, SUMMERLAND, CA 93067 is currently available with a list price of $4,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the SUMMERLAND Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1986, the property has undergone a 'fully remodeled sparing no expense' renovation, as explicitly stated and visually confirmed. The kitchen features a modern design with a waterfall island, high-end stainless steel appliances, marble countertops, and wide plank hardwood floors. Bathrooms are luxurious with marble accents, modern fixtures, and stylish tiling. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 10454, living area = 1952.
- Prime Coastal Location
Idyllically perched above Summerland Beach and minutes from Montecito, offering exceptional accessibility and a desirable coastal lifestyle.
- Extensive Luxury Remodel
Fully remodeled with no expense spared, featuring modern finishes, an open floor plan, a bright kitchen with a waterfall island, wide plank hardwood floors, and marble-accented bathrooms.
CONSRISKS & DEFICIENCIES
- Limited Current Bedroom Count
The property currently features only 2 bedrooms, which may not suit larger families or those requiring more immediate living space, despite approved plans for a third.
- Original Construction Age
While extensively renovated, the home's original construction in 1986 means the underlying structure is older, which some buyers might consider a factor compared to newer builds.
- Absence of Central Cooling System
The property description does not mention a central cooling system, which could be a consideration for comfort during warmer periods, particularly for a luxury residence.
About 2311 Finney Street
The best value on the SB coast! An idyllic location perched above Summerland Beach and minutes to Montecito, this home perfectly balances relaxation & accessibility. Fully remodeled sparing no expense, this 2-bed, 3-bath home offers ocean views, modern finishes, and timeless design. Highlights include an open floor plan, bright kitchen with waterfall island, wide plank hardwood floors, marble-accented bathrooms and a main floor bedroom suite. The upstairs primary suite includes a luxurious bath with ocean vistas from the soaking tub and a balcony to enjoy the sea air. The private backyard features a path to the beach, stainless-steel spa, deck, and an outdoor shower. Invite everyone over with off-street parking for up to 7 cars! Approved plans for a 3rd bedroom offer expansion potential
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 10,454.4 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 30% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,952 | 1,383 | 80% |
| Lot Size | 10,454.4 | 3,702 | 70% |
| Price | $5.00M | $2.36M | 90% |
| Price per sq ft | $2.6K | $1.7K | 80% |
| Built year | 1986 | 1928 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 418 | 320 | 70% |
Pricing History
Listed for Sale
Jan 13, 2025
$4,995,000
Initial Listing
Sold
Oct 17, 2019
$2,300,000
Public Record
Sold
Aug 10, 2018
$2,300,000
Public Record