236 Pereza Circle, SANTA BARBARA, CA 93111, SANTA BARBARA, 93111 - 4 bed, 2 bath
Loading property details...
SANTA BARBARA, CA 93111
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,575,000—positioned above the $1,492,758 Fair Market Value. While the property is priced at a premium, its location in the highly sought-after Kellogg Elementary attendance area provides long-term stability. Featuring a Fair Condition Rating, the home offers significant upside for buyers to modernize the original 1968 interiors. With a spacious 8,276 sqft lot and a functional layout, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 236 Pereza Circle Subject | $1,575,000* List Price | 4 | 2 | 1,637 | $912 | - |
A 5514 Capellina Way Sold | $1,465,000 | 4 | 2 | 1,511 | $970 | 0.5 mi |
B 134 Santa Paula Avenue Sold | $1,395,000 | 4 | 3 | 1,852 | $753 | 0.8 mi |
C 711 Dorado Drive Sold | $1,569,000 | 4 | 3 | 1,639 | $957 | 0.7 mi |
D 5207 University Drive Sold | $1,610,000 | 3 | 2 | 1,561 | $1,031 | 0.4 mi |
E 53 Walnut Lane Sold | $1,200,000 | 3 | 2 | 1,423 | $843 | 0.7 mi |
F 5377 Agana Drive Pending | $1,690,000 List Price | 4 | 2 | 1,669 | $1,013 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968 and on the market for the first time, the home is well-maintained but dated. While it features fresh paint and new carpet, the bathroom fixtures, cabinetry, and overall systems appear to be over 20 years old and original to the home or older renovations, fitting the 'Fair' criteria for needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1637.
Situated on a quiet cul-de-sac within the highly sought-after Kellogg Elementary attendance area, offering both safety and long-term investment stability.
The 4-bedroom floor plan features separate living and family rooms with abundant natural light, providing a versatile and accessible living space for all ages.
While well-maintained with fresh paint and carpet, the 1968 original features likely require kitchen and bathroom updates to meet contemporary luxury standards.
At 1,637 square feet, the interior living space may feel constrained for buyers seeking a more expansive modern floor plan at this price point.
NEVER BEFORE ON THE MARKET! Tucked away on a peaceful cul-de-sac in the highly desirable Kellogg Elementary attendance area, this beautiful 4 bedroom, 2 bath single level home has been cherished by the same family since it was newly built. Flooded with natural light, the spacious interior features a functional layout with both a cozy family room and a separate living room with a fireplace, ideal for entertaining or relaxing. The home has been freshly painted with new carpeting throughout. Step outside to a private backyard sanctuary complete with fruit trees, plus a fabulous front yard avocado tree for endless guacamole! Complete with a 2 car garage, this well loved, well maintained home is ready for its next chapter. Move in and enjoy as-is, or add your own personal touches.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,637 | 1,884.5 | 27% |
| Lot Size | 8,276 | 9,365 | 45% |
| Price | $1.57M | $1.57M | 50% |
| Price per sq ft | $962 | $891 | 59% |
| Built year | 1968 | 1963 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 185 | 2% |
May 27, 2026
$1,575,000
Initial Listing