
SANTA BARBARA, CA 93105
This Spacious San Roque Condominium is a Strong Value Opportunity, listed at $1,145,000—positioned well below the $1,267,070 Fair Market Value by 9%. This valuation gap offers $122,070 in Instant Equity. Boasting a Condition Rating of 3, the move-in ready interior features a remodeled kitchen and expansive mountain views. Located in the sought-after Peabody School District, this unit includes the complex's largest floor plan and a private two-car garage. This opportunity targets Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2805 Miradero Drive C Subject | $1,150,000 | 3 | 2 | 1,640 | $773 | - |
A 2648 State Street 32 Sold | $1,150,000 | 2 | 2 | 1,311 | $877 | 0.1 mi |
B 2030 State Street Apt 6 Sold | $1,001,000 | 2 | 2 | 1,346 | $744 | 0.6 mi |
C 2525 State Street 16 Sold | $950,000 | 2 | 2 | 1,400 | $679 | 0.3 mi |
D 2648 State Street 32 Sold | $1,160,000 | 2 | 2 | 1,311 | $885 | 0.1 mi |
E 2831 Miradero Drive A Pending | $1,099,995 List Price | 3 | 2 | 1,708 | $644 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several significant updates, including a remodeled kitchen with stainless steel appliances and a remodeled primary bathroom. Recent cosmetic improvements such as fresh paint, new luxury laminate flooring, and new carpeting throughout enhance its appeal. While the building was constructed in 1964 and some fixtures (like the dining chandelier and bathroom lighting) are slightly dated, the overall condition is well-maintained with no immediate renovations required.
Situated in the highly desirable San Roque neighborhood, this unit offers exceptional mountain and creek views through oversized windows, significantly enhancing its aesthetic appeal and market value.
Boasting the largest floor plan in the complex, the interior features a remodeled kitchen with stainless steel double ovens, updated bathrooms, and fresh luxury laminate flooring throughout.
The inclusion of a private two-car garage and in-unit laundry provides a level of convenience and utility that is rare for condominium living in this price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 1533.
The association fee of $924 per month is substantial, which may impact buyer affordability and overall debt-to-income ratios for prospective residents.
As an upstairs single-level unit in a 1964-built complex, the lack of an elevator may limit appeal for buyers specifically seeking long-term accessibility or mobility-friendly housing.
Set in the desirable San Roque neighborhood and with gorgeous mountain views, this upstairs single level 3 bed, 2 bath is freshly painted and has new luxury laminate flooring and carpet. Boasting the largest floor plan, crown molding and oversized windows for plenty of natural light with mountain views out the living spaces and views toward the creek out the bedrooms. The remodeled kitchen has stainless steel appliances including a double oven and a built-in electric range. A generous primary ensuite with a remodeled bath + 2 additional bedrooms and a 2nd full bath. Forced air furnace, in-unit laundry and a private 2 car garage. Community amenities include a pool set along a peaceful creek and common outdoor entertaining and dining areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 75% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,640 | 1,425.5 | 68% |
| Lot Size | 1,742.4 | 992.1 | 71% |
| Price | $1.15M | $1.15M | 50% |
| Price per sq ft | $701 | $782 | 32% |
| Built year | 1964 | 1969 | 21% |
| HOA | $924 | $705 | 68% |
| Days on market | 71 | 228 | 11% |
Feb 10, 2026
$1,145,000
Initial Listing