269 Moreton Bay Lane Unit 2, GOLETA, CA 93117, GOLETA, 93117 - 3 bed, 2 bath
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GOLETA, CA 93117
This 3-Bedroom Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $843,000—positioned above the $821,352 Fair Market Value by -2%. While the property requires modernization, its Condition Rating of 4 reflects a well-maintained, functional space ready for cosmetic updates. Residents benefit from resort-style amenities, including a 9-hole golf course and swimming pool. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused community in a prime, walkable Goleta location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 269 Moreton Bay Lane Unit 2 Subject | $843,000* List Price | 3 | 2 | 1,197 | $686 | - |
A 5910 Encina Road #3 Sold | $769,000 | 2 | 2 | 948 | $811 | 0.1 mi |
B 257 Moreton Bay Drive Unit 4 Active | $759,900 List Price | 2 | 2 | 1,208 | $629 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is well-maintained but clearly dated. The kitchen features older tile countertops and white appliances, and the bathrooms utilize older fixtures and square tiling. The presence of popcorn ceilings and a wall-mounted heater further indicate that while functional, the home has not had a major renovation in over 20 years.
The community offers an exceptional array of amenities including a 9-hole golf course, swimming pool, gym, and a remodeled clubhouse, fostering a vibrant and active social lifestyle.
As a three-bedroom unit, this property offers a rare and spacious layout that is seldom available in the Encina Royale community, providing extra room for guests or a home office.
The property is ideally situated moments away from major shopping and dining hubs, including Trader Joe's and Sprouts Farmers Market, offering residents unparalleled convenience.
The association fee of $846 per month is a significant recurring cost that may impact the overall affordability and appeal for budget-conscious buyers.
Being located in an active-adult community limits the potential buyer pool to a specific age demographic, which can restrict resale flexibility compared to traditional residential properties.
Rarely available in the highly desirable community, this beautifully maintained three-bedroom, two-bath cottage captures the essence of effortless Santa Barbara living. Surrounded by lush landscaping and swaying palms, the community's iconic ''Palm Springs'' aesthetic creates a resort-like atmosphere that feels both vibrant and serene. Life at Encina Royale is centered around connection, activity, and convenience. Residents enjoy an impressive collection of amenities including a 9-hole golf course, sparkling swimming pool, gym, remodeled clubhouse, library, and wood shop -- all designed to support an active and social lifestyle. Perfectly positioned, the neighborhood is just moments from everyday favorites including Trader Joe's, Sprouts Farmers Market, dining, entertainment, and movie theaters. Combining comfort, community, and an unbeatable location, this is a rare opportunity to experience one of Goleta's most beloved active-adult communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 55% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,197 | 1,204.5 | 50% |
| Lot Size | 1,307 | 217.8 | 82% |
| Price | $843.0K | $834.0K | 50% |
| Price per sq ft | $704 | $726 | 36% |
| Built year | 1963 | 1979 | 14% |
| HOA | $846 | $585 | 86% |
| Days on market | 13 | 223 | 5% |
May 30, 2026
$843,000
Initial Listing
Aug 4, 2015
$550,000
Public Record
Jun 25, 1998
$205,000
Public Record