2736 Cuesta, Santa Barbara, CA 93105, Santa Barbara, 93105 - 3 bed, 4 bath
ACTIVE UNDER CONTRACT$3,995,000$3,223/sqft
2736 Cuesta, Santa Barbara, CA 93105
3Beds
4Baths
3,223Sqft
24,829Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24829, living area = 3223.
Top Cons:
Extensive Renovation Needed: The property is in its original condition, requiring significant investment for modernization and upgrades to meet contemporary standards.
Compared to the nearby listings
Price:$4.00M vs avg $2.28M (+$1,715,000)88%
Size:3,223 sqft vs avg 1,799.5 sqft85%
Price/sqft:$1.2K vs avg $1.1K73%
More Insights
Built in 1931 (95 years old).
Condition: Built in 1931 and explicitly stated to be in its original condition, this property requires substantial repairs and rehabilitation. The kitchens and all bathrooms are severely outdated with vintage appliances, fixtures, and finishes, showing significant wear and tear. Flooring, paint, and light fixtures throughout the home are also very dated and worn, indicating a need for extensive modernization and upgrades to meet contemporary standards.
Year Built
1931
Close
-
List price
$4M
Original List price
-
Price/Sqft
$1,240
HOA
$0
Days on market
-
Sold On
-
MLS number
PI25242859
Home ConditionPoor
Features
Excellent View:
Patio
View-
About this home
Exquisite Mediterranean-style residence situated in a highly desirable Santa Barbara neighborhood, boasting one of the largest lots in the area. This distinguished property offers breathtaking views from the bedrooms and expansive patio, enhancing its serene ambiance. The home features a versatile layout with a downstairs apartment (check with City if approved), ideal for extended family or rental income. Embodying authentic Santa Barbara architectural charm, the estate could provide ample space for luxurious amenities such as a swimming pool, tennis court, or other bespoke additions? Home is in its original condition, this exceptional property invites you to create your dream home in an unparalleled location.
J
John Nix
Listing Agent
Condition Rating
Poor
Built in 1931 and explicitly stated to be in its original condition, this property requires substantial repairs and rehabilitation. The kitchens and all bathrooms are severely outdated with vintage appliances, fixtures, and finishes, showing significant wear and tear. Flooring, paint, and light fixtures throughout the home are also very dated and worn, indicating a need for extensive modernization and upgrades to meet contemporary standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24829, living area = 3223.
Desirable Location: Situated in a highly sought-after Santa Barbara neighborhood, offering an unparalleled and prestigious address.
Architectural Elegance: Features an exquisite Mediterranean-style design, embodying authentic Santa Barbara architectural charm.
Generous Lot Size: Boasts one of the largest lots in the area (24,829 sqft), providing ample space for potential luxury amenities and expansion.
Scenic Views: Offers breathtaking views from multiple vantage points, including bedrooms and an expansive patio, enhancing its serene ambiance.
Versatile Layout/Income Potential: Includes a versatile layout with a downstairs apartment, presenting potential for extended family living or rental income.
Cons
Extensive Renovation Needed: The property is in its original condition, requiring significant investment for modernization and upgrades to meet contemporary standards.
Unverified Apartment Legality: The downstairs apartment's legality is unconfirmed ('check with City if approved'), posing a potential risk or requiring official verification.
Recent Price Reduction: A substantial price reduction from $4.995M to $3.995M indicates potential market resistance or initial overpricing, which may affect perceived value.