2782 Exeter Place, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 3 bed, 3 bath
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SANTA BARBARA, CA 93105
This Mediterranean-style Mission Canyon residence is a Stunning Move-In Ready Home listed at $3,195,000—positioned well below the $3,222,357 Fair Market Value by 1%. This valuation gap offers $27,357 in Instant Equity for incoming buyers. Following a comprehensive 2004 rebuild, the property maintains a Fair Condition Rating and features custom mahogany windows, travertine flooring, and sweeping ocean vistas. With a private spa, fire pit, and proximity to Roosevelt Elementary, it offers a premium lifestyle. This is an ideal sanctuary for Owner-Occupants or luxury buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2782 Exeter Place Subject | $3,195,000* List Price | 3 | 3 | 2,670 | $1,207 | - |
A 2922 Paseo Del Refugio Sold | $2,775,000 | 4 | 3 | 2,548 | $1,089 | 0.5 mi |
B 2818 Valencia Drive Sold | $2,250,000 | 3 | 3 | 1,909 | $1,179 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property underwent an extensive down-to-the-studs renovation in 2004, placing the last major update approximately 22 years ago, which aligns with the 'Fair' criteria (renovated 15-30 years ago). While the home is exceptionally well-maintained and move-in ready with high-quality materials like travertine flooring and custom mahogany windows, the kitchen and bathroom finishes—specifically the granite countertops and cabinetry styles—reflect the early 2000s era and are considered outdated by current luxury standards.
The residence underwent a permit-led, down-to-the-studs rebuild in 2004, delivering updated systems and high-quality materials like custom mahogany windows and travertine flooring.
The view-oriented upper level and deck offer sweeping vistas of the Santa Barbara coastline and the Pacific Ocean, significantly enhancing the property's prestige.
The grounds are expertly designed for entertaining, featuring a spa, fire pit, and heated patio dining area supported by significant structural and hardscape improvements.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2670, other record living area = 2006.
The assigned public schools have ratings ranging from 4 to 6, which may be perceived as a drawback for luxury buyers prioritizing high-performing school districts.
Although the 2004 rebuild was high-quality, the finishes and systems are now 20 years old, potentially necessitating aesthetic or mechanical updates for the next owner.
Set in a quiet Mission Canyon enclave, 2782 Exeter Place is a beautifully crafted Mediterranean style residence where thoughtful design, quality materials, and turnkey livability converge. A major ~2004 permit-led rebuild taken to the studs delivered updated systems, a refined layout, and ~600 additional square feet, including a view-oriented upper level with deck access and sweeping Santa Barbara and ocean vistas. The home offers a downstairs bedroom suite, flexible spaces with dual office potential, and curated details like custom mahogany windows and entry door, a hidden bookcase library door, fireplaces, and travertine flooring. Outdoor living shines with heated patio dining, fire pit, spa, and mature plantings, all supported by significant structural & hardscape improvements.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,670 | 2,087 | 79% |
| Lot Size | 9,148 | 10,018.8 | 46% |
| Price | $3.19M | $2.15M | 82% |
| Price per sq ft | $1.2K | $1.0K | 69% |
| Built year | 1968 | 1961 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 194 | 1% |
Apr 8, 2026
$3,195,000
Initial Listing
Apr 30, 1999
$585,000
Public Record
Jul 16, 1998
$422,500
Public Record