
SANTA BARBARA, CA 93109
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $2,495,000—positioned well below the $2,629,329 Fair Market Value by 5%. This valuation gap offers $134,329 in Instant Equity. Featuring a Turnkey Condition Rating, the home includes a Granite Kitchen and a Private Studio Suite ideal for income generation. Located on the coveted Mesa, this property is a perfect fit for Buy-and-Hold Investors or Owner-Occupants seeking a high-end coastal lifestyle with proven rental versatility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2441 Borton Drive Subject | $2,495,000* List Price | 4 | 3 | 1,736 | $1,494 | - |
A 922 Fellowship Road Sold | $2,689,725 | 4 | 3 | 1,734 | $1,551 | 0.7 mi |
B 357 Oliver Road Sold | $2,370,000 | 3 | 2 | 1,319 | $1,797 | 0.3 mi |
C 2211 White Avenue Sold | $2,495,000 | 4 | 2 | 1,972 | $1,265 | 0.3 mi |
D 245 Cordova Drive Sold | $2,900,000 | 4 | 3 | 2,107 | $1,376 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1957, this property is in turnkey condition following significant updates. The kitchen is modernized with a professional 6-burner range and granite counters, and the home features updated recessed lighting, newer sliding glass doors, and a 'new' hot tub. The interior finishes and 'turnkey' status indicate a high-level renovation within the last 5 years, requiring no immediate maintenance.
Situated in the highly coveted Mesa neighborhood, the property offers exceptional proximity to Mesa Lane Beach and Douglas Preserve, epitomizing the sought-after Santa Barbara coastal lifestyle.
The inclusion of a private studio suite with a dedicated entry and ensuite bath provides proven vacation rental income potential or a flexible space for guests and multi-generational living.
The home features a modern open-concept interior with an updated pro-style kitchen that transitions seamlessly to a large, flat yard equipped with a new hot tub and multiple entertaining zones.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1736, other record living area = 1701.
At a list price of $2,495,000 for 1,736 square feet, the property sits at a premium price point that may be sensitive to market fluctuations compared to larger estates in the same bracket.
Fitting four bedrooms into a 1,736-square-foot footprint suggests that individual room sizes may be relatively small, which could limit furniture configurations and storage options.
Set on Santa Barbara's coveted Mesa, this turnkey single-level 4-bed | 3-bath retreat offers approx. 1,736 sq ft of light-filled, open-concept living. Saltillo style terracotta tile flows from entry to living, dining, & rear patio, anchored by an updated kitchen w/ stainless 6-burner pro range, granite counters, butcher-block prep, & floor-to-ceiling pantry. The primary suite features a walk-in closet & ensuite w/ talavera accent tile. A private studio bedroom suite w/ its own dedicated entry, ensuite bath, & direct backyard access has helped this highly successful vacation rental- flexible enough for guests, multi-gen living, or income. Outdoors, a large flat yard hosts multiple entertaining zones, a new hot tub, BBQ patio, & shade. Conveniently close to Mesa Lane Beach & Douglas Preserve
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,736 | 2,039.5 | 47% |
| Lot Size | 6,970 | 7,840.5 | 47% |
| Price | $2.50M | $2.79M | 37% |
| Price per sq ft | $1.4K | $1.6K | 33% |
| Built year | 1957 | 1959 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 190 | 3% |
May 12, 2026
$2,495,000
Initial Listing
Jan 13, 2022
$2,050,000
Public Record