2347 Shelby Street, SUMMERLAND, CA 93067, SUMMERLAND, 93067 - 0 bed, 0 bath
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SUMMERLAND, CA 93067
Analysis of 2347 Shelby Street, SUMMERLAND, CA 93067 is currently available with a list price of $2,995,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Property is move-in ready.
The property is in move-in ready, turnkey condition following extensive capital improvements over the last decade. Major system updates include a new roof (2016), Hardie board exterior (2020), and high-efficiency Navien systems (2021). The interiors were modernized around 2019-2020 with luxury wood-look flooring and updated kitchens featuring stainless steel appliances. While well-maintained and functional, the kitchen and bathroom styles—specifically the blue countertops, white refrigerator, and gold-framed shower doors—represent a standard quality update rather than a full high-end luxury renovation, placing it firmly in the 'good' category.
Every unit in the complex offers panoramic views of the Pacific Ocean and Channel Islands, providing a significant competitive advantage and premium rental appeal in the Summerland market.
The property is in turnkey condition following a decade of high-end upgrades, including a new roof, Hardie board siding, high-efficiency Navien systems, and modernized designer interiors.
The configuration of a luxury 800+ sq. ft. penthouse paired with three additional rental units makes this an ideal asset for either a high-yield investor or an owner-user seeking a coastal retreat with income.
Housing four separate units on a 6,098 sq. ft. lot results in high density, which may limit private yard space and create potential parking challenges for multiple tenants.
While extensively remodeled, the underlying 1973 construction may still possess architectural or structural limitations inherent to its era that modern luxury developments typically avoid.
SPECTACULAR OCEAN VIEW PROPERTY! Four-unit complex in the heart of Summerland featuring unobstructed ocean and Channel Island views from every single unit. The crown jewel of this property is the sprawling upstairs 2-bedroom, 2-bathroom Penthouse, which boasts a massive 800+ sq. ft. private sun deck--the ultimate venue for sunset entertaining. Designed for the discerning owner-user or high-yield investor, the property also includes two additional 2-bedroom 1.5-bath units with private view decks and a chic 1-bedroom studio. This asset has been meticulously maintained with a decade of premium upgrades, including a durable new Hardie board exterior (2020), high-efficiency Navien hot water and boiler systems (2021), new roofing (2016), modernized interior remodel with designer kitchens, luxury flooring (2019-2020), installed a murphy bed, cabinetry and sofa in unit 3 (2022), rebuilt balconies and stairs (2025-2026), and new asphalt driveways (2026) Whether you're seeking a serene coastal retreat with significant rental income or a turnkey vacation rental portfolio, this rare Summerland gem offers an unrivaled blend of sophisticated lifestyle and structural integrity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1973 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 30, 2026
$2,995,000
Initial Listing
Oct 6, 2015
$1,875,000
Public Record