
SANTA BARBARA, CA 93105
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $2,449,000—positioned well below the $2,683,197 Fair Market Value by 8%. This valuation gap provides $234,197 in Instant Equity. Featuring a Mint Condition Rating with high-end renovations, solar panels, and Panoramic Ocean Views, the home offers a sophisticated lifestyle. With a versatile Detached Flex Space and proximity to the Botanic Garden, this property is an ideal acquisition for Owner-Occupants or Discerning Professionals seeking a move-in ready coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2669 Montrose Place Subject | $2,449,000* List Price | 4 | 2 | 1,738 | $1,544 | - |
A 316 Vista De La Cumbre Sold | $2,850,000 | 4 | 3 | 1,562 | $1,825 | 0.8 mi |
B 2685 Montrose Place Sold | $2,845,000 | 3 | 3 | 1,784 | $1,595 | 0.1 mi |
C 3131 Lucinda Lane Sold | $2,795,000 | 4 | 3 | 1,891 | $1,478 | 0.8 mi |
D 2708 Montrose Place Sold | $2,230,000 | 3 | 2 | 2,175 | $1,025 | 0.2 mi |
E 2687 Montrose Place Active | $2,900,000 List Price | 4 | 3 | 1,746 | $1,661 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1954, the property has undergone a high-end, comprehensive renovation within the last 5 years. The interior features modern wide-plank flooring, updated windows, and a designer bathroom with contemporary subway and mosaic tiling. The exterior is in mint condition with a newer roof equipped with solar panels, indicating significant system updates and no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1738.
The property captures expansive, breathtaking views of the Pacific Ocean and Channel Islands, providing a premium visual experience from multiple vantage points and outdoor patios.
A separate detached structure offers valuable flexibility for a home office, creative studio, or fitness room, catering to modern lifestyle needs beyond the main living area.
With a list price of $2,449,000 for 1,738 square feet, the property carries a high cost per square foot, which may challenge buyers looking for more interior volume at this price point.
The assigned public schools for this location have average ratings (ranging from 4 to 6), which could be a drawback for families seeking the highest-rated educational districts.
Expansive ocean & island views set the stage for this tastefully updated Mission Canyon residence. Thoughtfully positioned to capture some of Santa Barbara's most iconic views, this single-level home offers a warm, inviting atmosphere filled with natural light. Set in a private, elevated setting, vaulted wood-beamed ceilings, expansive picture windows & an open-concept living/dining area create a welcoming space to relax. Multiple patios & gathering spaces are positioned to enjoy breathtaking mornings, colorful sunsets & sweeping views of the Pacific & Channel Islands. A detached flex space adds versatility for a home office, fitness room, creative pursuits, hobbies/storage. Located moments from the Botanic Garden, Mission Canyon hiking trails & downtown Santa Barbara.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 7-8 • 2.4 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 3.0 | 42% |
| Square foot | 1,738 | 2,089 | 36% |
| Lot Size | 9,148 | 9,148 | 50% |
| Price | $2.45M | $2.20M | 59% |
| Price per sq ft | $1.4K | $1.1K | 78% |
| Built year | 1954 | 1962 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 160 | 2% |
Jun 1, 2026
$2,449,000
Initial Listing
Dec 18, 1998
$425,000
Public Record