
Santa Barbara, CA 93109
Analysis of 2417 Calle Linares, Santa Barbara, CA 93109 reveals a Prime Investment Opportunity with a current list price of $2,499,000—significantly undercutting the $2,798,481 Fair Market Value by 11%. This valuation gap indicates a +$299,481 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2417 Calle Linares Subject | $2,499,000* List Price | 3 | 4 | 2,177 | $1,285 | - |
A 112 Vista Del Mar Drive Sold | $2,000,000 | 3 | 2 | 1,625 | $1,231 | 0.9 mi |
B 1749 La Coronilla Drive Pending | $2,699,000 List Price | 4 | 3 | 2,464 | $1,095 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this property is well-maintained but shows its age, requiring significant cosmetic updates to meet current market expectations. The kitchen features updated stainless steel appliances but has dated light wood cabinets and backsplash. The primary bathroom vanity and tile appear outdated. While the hardwood floors are in good condition, the living room still has carpet and a traditional chandelier. The listing itself notes the home is 'waiting for your personal touch,' indicating a need for modernization rather than just minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 2177.
The property offers stunning, uninterrupted ocean, coastal, and island views, including spectacular sunsets, from its prime position, significantly enhancing its appeal and value.
Perfectly situated on the Mesa in Santa Barbara, this home is in one of the city's most coveted neighborhoods, offering an unmatched lifestyle and strong investment potential.
The description explicitly states the home is 'to make your own' and 'waiting for your personal touch,' indicating that substantial investment in updates, modernization, and personalization will likely be necessary to meet current luxury market expectations.
Built in 1975, the property is nearly 50 years old, which often implies that original systems (plumbing, electrical, HVAC) and finishes may be dated and could require costly upgrades or replacements in the near future.
While highlighting views and location, the description does not mention any recent renovations, modern amenities, or smart home technology, suggesting these features may be absent or outdated, which could be a drawback for some buyers in this price range.
Capture uninterrupted ocean views from this well-built home to make your own. This view home is perfectly positioned on the Mesa, giving you an unmatched lifestyle in one of Santa Barbara's most coveted neighborhoods. Imagine starting your day with coffee on the balcony and watching the sky and sea change color. The upstairs living area, with its open kitchen and dining space, is designed to maximize these stunning coastal and island views.A 3 bedroom/ 3 bathroom home is waiting for your personal touch. The sunset views are stunning!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 82% |
| Square foot | 2,177 | 1,720 | 60% |
| Lot Size | 12,632 | 8,712 | 70% |
| Price | $2.50M | $2.55M | 47% |
| Price per sq ft | $1.1K | $1.6K | 23% |
| Built year | 1975 | 1959 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 153 | 200 | 32% |
Nov 20, 2025
$2,499,000
Initial Listing