238 San Rafael Avenue, Santa Barbara, CA 93109, Santa Barbara, 93109 - 3 bed, 1 bath
238 San Rafael Avenue
Santa Barbara, CA 93109
Property Price
SUMMARY
Analysis of 238 San Rafael Avenue, Santa Barbara, CA 93109 reveals a property with a current list price of $2,595,000, which is 12% above the estimated $2,314,861 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 Santa Barbara 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 238 San Rafael Avenue Subject | $2,595,000* List Price | 3 | 1 | 1,035 | $2,237 | - |
A 129 Las Ondas Sold | $2,000,000 | 3 | 1 | 1,055 | $1,896 | 0.3 mi |
B 232 Las Ondas Sold | $3,000,000 | 3 | 2 | 1,086 | $2,762 | 0.3 mi |
C 246 San Julian Avenue Sold | $2,300,000 | 3 | 1 | 1,035 | $2,222 | 0.1 mi |
D 1322 San Miguel Avenue Sold | $2,525,000 | 2 | 2 | 1,348 | $1,873 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property has clearly undergone a recent and extensive renovation. The kitchen features new white shaker cabinets, black countertops, stainless steel KitchenAid appliances, a farmhouse sink, and subway tile backsplash, all in a modern, high-quality style. The single bathroom is also completely updated with a contemporary vanity, stylish blue/green subway-style shower tile, glass enclosure, and modern black fixtures. New wood-look flooring, recessed lighting, and modern ceiling fans are present throughout the home, indicating that all visible components are new or virtually new, meeting current quality standards. Despite the 1953 build year, the comprehensive remodel brings the interior condition to an excellent standard.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Located just blocks from the beach and Shoreline Park, offering an unparalleled coastal lifestyle and convenient access to outdoor recreation in a highly desirable Santa Barbara neighborhood.
- Thoughtfully Remodeled & Move-in Ready
The home has been charmingly and thoughtfully remodeled, presenting a move-in ready opportunity that minimizes immediate buyer expenses and effort.
- Open Concept & Natural Light
Features an open floor plan designed for easy living and entertaining, complemented by abundant natural light that enhances the interior's inviting atmosphere.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The property features only one bathroom for three bedrooms, which may be a significant functional limitation for families or multiple occupants.
- Compact Interior Square Footage
At 1035 sqft, the interior living space is relatively modest for a 3-bedroom home, potentially impacting comfort and future expansion needs.
- High Price Point for Size
Despite the prime location and recent remodel, the list price of $2.595M for a 1035 sqft, 3-bed, 1-bath home may present a value challenge for some buyers, especially considering the recent sales history.
About 238 San Rafael Avenue
Charming and thoughtfully remodeled 3-bedroom, 1-bath home featuring beautiful wood floors, abundant natural light, and an open floor plan designed for easy living and entertaining. The inviting interior flows seamlessly to a great backyard ideal for gatherings and outdoor enjoyment. Located just blocks from the beach and Shoreline Park, and within the Washington Elementary School area, this home offers the perfect blend of coastal lifestyle and everyday convenience. A wonderful opportunity to own a move-in ready property in one of Santa Barbara's most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 12% |
| Square foot | 1,035 | 1,645.5 | 10% |
| Lot Size | 6,098 | 8,712 | 25% |
| Price | $2.60M | $2.51M | 55% |
| Price per sq ft | $2.5K | $1.5K | 93% |
| Built year | 1953 | 1959 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 179 | 3% |
Pricing History
Listed for Sale
Jan 28, 2026
$2,595,000
Initial Listing
Sold
Oct 6, 2023
$1,900,000
Public Record