2411 Chapala St, Santa Barbara, CA 93105, Santa Barbara, 93105 - 5 bed, 4 bath
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2411 Chapala St
Santa Barbara, CA 93105
ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
2,571Sq Ft
7,841Lot Size
Property Price
LIST PRICE$2,649,000
EST. MARKET VALUE
$3,030,832
12% BelowMARKET VALUE
SUMMARY
This Dual-Living Residential Asset is a High-Potential Investment Opportunity, listed at $2,649,000—positioned well below the $3,030,832 Fair Market Value by 12%. This valuation gap offers $381,832 in Instant Equity. Featuring a renovated 1927 main home and a separate 3-bedroom guest house, the property maintains an Excellent Condition Rating. With an 82 Walk Score and distant mountain views, this versatile layout is ideal for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living or rental income potential.
Estimated Market Value
$3,030,832+$381,832 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2411 Chapala St Subject 5 bd · 4 ba · 2,571 sqft · $1,179 | $2,649,000* List Price | 5 | 4 | 2,571 | $1,179 | - |
A 2411 Anacapa Street Sold 3 bd · 2 ba · 2,268 sqft · $1,168 · 0.2 mi | $2,650,000 | 3 | 2 | 2,268 | $1,168 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite the 1927 build date, the property has undergone a high-end renovation likely within the last 5 years. The kitchen features modern white shaker cabinetry, stone countertops, and stainless steel appliances, while the bathrooms showcase contemporary marble-style tiling and frameless glass showers. The interior is in mint condition with updated windows and polished hardwood floors.
PROSSTRENGTHS & OPPORTUNITIES
- Dual Living Versatility
The property features a 2-bedroom main home and a separate 3-bedroom guest house, providing excellent flexibility for multi-generational living or potential rental income.
- Prime Downtown Location
Boasting an 82 Walk Score and a 91 Bike Score, the residence is ideally situated near downtown Santa Barbara's amenities, shops, and dining.
- Historic Character & Privacy
The 1927 main home offers classic architectural details like custom archways, complemented by a private yard secured by mature hedges and professional landscaping.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2571, other record living area = 1263. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
- Limited Full Bathrooms
With five bedrooms across two structures but only two full bathrooms (plus two half-baths), the bath-to-bedroom ratio may be insufficient for larger households.
- Alley Access Parking
The detached two-car garage is located on a shared off-street alleyway, which may offer less convenience and privacy compared to a traditional private driveway.
About 2411 Chapala St
This 'Upper WEast' property features a classic 1927 single story main home with 2 bedrooms, 1.5 bathrooms, formal dining, laundry, and custom archways, with a private front yard behind mature hedges; as well as a gracious two-story 3 bedroom, 1.5 bathroom guest house, offering many dual living possibilities; and a detached 2-car garage on a shared off street alleyway behind the homes. Mature landscaping is complimented by attractive artificial turf with a large yard replete with a patio, outdoor dining, and fruit trees separating the homes. Under the main home is a storage cellar. The third guest bedroom features a large walk-in closet. This is an exceptional value in a great downtown area with an 82 walk score and a 91 bike score close to many conveniences.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 0
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 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 |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 4.0 | 3.2 |
| Square foot | 2,571 | 2,768.185 |
| Lot Size | 7,841 | 20,827.852 |
| Price | $2.65M | $4.30M |
| Price per sq ft | $1.0K | $1.6K |
| Built year | 0 | 1959 |
| HOA | $0 | $3.2K |
| Days on market | 4 | 89 |
Pricing History
Listed for Sale
Oct 20, 2026
$2,649,000
Initial Listing
Sold
Aug 14, 2012
$858,000
Public Record