257 Moreton Bay Drive Unit 4, GOLETA, CA 93117, GOLETA, 93117 - 2 bed, 2 bath
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GOLETA, CA 93117
This Versatile Resort-Style Condominium is listed at $792,000, positioned slightly below the $799,836 Fair Market Value by 1%. This valuation gap offers $7,836 in Instant Equity for the incoming owner. Boasting a Condition Rating of 4, the interior features fresh paint and newer LVP flooring, while offering significant upside through future kitchen and bath modernization. Residents enjoy mountain views from dual patios and premium amenities including a 9-hole golf course and heated pool. This residence is an ideal match for active retirees or downsizers seeking a maintenance-free lifestyle in Goleta.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 257 Moreton Bay Drive Unit 4 Subject | $759,900* List Price | 2 | 2 | 1,208 | $672 | - |
A 5910 Encina Road #3 Sold | $769,000 | 2 | 2 | 948 | $811 | 0.1 mi |
B 47 Dearborn Place 18 Sold | $690,000 | 2 | 1 | 929 | $743 | 0.9 mi |
C 257 Moreton Bay Lane #3 Pending | $770,000 List Price | 2 | 2 | 1,117 | $689 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property shows signs of minor cosmetic updates such as newer LVP flooring and fresh paint. However, the bathroom cabinetry, older aluminum windows, and fixtures appear dated (likely 20+ years old). While functional and move-in ready, the unit requires modernization of the kitchen and baths to meet current market standards.
The Encino Royal community offers an exceptional active lifestyle featuring a heated pool, a private 9-hole par-3 golf course, a clubhouse, and a gym.
The 1,208 sq. ft. layout includes a flexible folding wall to create a second bedroom and rare dual patios (front and back), providing superior indoor-outdoor flow.
The association fee covers essential services including water, trash, basic cable, internet, and exterior maintenance, offering a convenient 'lock-and-leave' lifestyle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 949. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1208, other record living area = 1028. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The $846 monthly HOA fee is substantial and may impact the debt-to-income ratio for buyers or deter those looking for lower fixed monthly expenses.
Built in 1963, the property may lack modern soundproofing between units and contemporary energy-efficient systems found in newer Goleta developments.
Owner is willing to carry financing for a qualified buyer. Beautiful Encino Royal upper lever condo. Either one large bedroom or two bedrooms created by a folding wall, perfect for guests. Both front and back patios for easy outdoor living with great views. Easy parking with a carport located nearby in Carport 04-DD- 02.Close to shopping and resturants in the Fairview Shopping centers. Acive lifestyle with heated pool, 9 hole-3 par gold course, clubhouse and gym. Association fee includes: water, trash, basic cable and internet, landscaping/maintenance and some insurance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,208 | - |
| Lot Size | 871 | - |
| Price | $759.9K | $895.8K |
| Price per sq ft | $629 | $708 |
| Built year | 1963 | 0 |
| HOA | $846 | $0 |
| Days on market | 87 | 98 |
May 23, 2026
$759,900
$792,000
-4% Price Drop
Initial Listing
Apr 26, 2026
$792,000
Initial Listing
Jul 29, 2022
$635,000
Public Record