2818 Valencia Drive, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 3 bed, 3 bath

2818 Valencia Drive
SANTA BARBARA, CA 93105
Property Price
SUMMARY
Analysis of 2818 Valencia Drive, SANTA BARBARA, CA 93105 is currently available with a list price of $2,250,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2005, this property is move-in ready and falls within the 10-20 year age bracket for a 'good' rating. It features well-maintained hardwood flooring, vaulted ceilings, and significant recent functional upgrades including new kitchen appliances and a new dual-zone smart AC system. While the kitchen cabinetry and bathroom finishes appear to be from the original construction period rather than a full modern renovation, they are in excellent condition with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly coveted San Roque neighborhood within the Peabody Elementary attendance area, offering excellent walkability to local favorites like Handlebar Coffee and the Mission.
- Modern Construction & Upgrades
Built in 2005 and recently enhanced with new dual-zone smart AC, updated lighting, and new kitchen appliances, offering a more modern infrastructure than many surrounding historic homes.
- Versatile Floor Plan
The nearly 2,000 sq ft layout includes a rare main-level bedroom and full bath, providing ideal flexibility for guests, a home office, or multi-generational living.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At approximately 6,100 square feet, the lot is relatively modest for the price point, which may limit extensive gardening or large-scale outdoor recreation.
- Market Value Volatility
Sales history indicates a decrease from its 2022 sale price of $2.475M to the current $2.25M, suggesting the property may be sensitive to specific market corrections.
- Multi-Level Configuration
The two-story design may be a drawback for buyers specifically seeking the traditional single-level ranch-style living that is highly prevalent and sought after in San Roque.
About 2818 Valencia Drive
Located in the sought-after Peabody Elementary School attendance area and just a short walk from beloved neighborhood favorites like Handlebar Coffee and the Mission, this bright and spacious two-story home blends comfort, convenience, and community — the perfect setting for enjoying life in the heart of Santa Barbara. Recent upgrades to the nearly 2,000 sq ft residence, including new landscaping, new air conditioning with dual-zone smart controls, updated lighting, and new kitchen appliances. With its inviting floor plan and private outdoor spaces, this home offers the ideal balance between inviting places to gather and quiet spaces to unwind. Step inside to soaring vaulted ceilings and open-concept living areas that flow naturally from the living room to the dining area and kitchen. The spacious living room, anchored by a cozy gas fireplace, invites movie nights and relaxed weekends, while beautiful wood flooring adds warmth throughout. The generous kitchen complete with a large central island, walk-in pantry, and abundant storage ensures effortless entertaining or meal preparation. The private backyard becomes an extension of the home, offering space for play, outdoor dinners, and evenings around the fireplace. The fully fenced side yard adds a safe spot for kids or pets. A main-level bedroom and full bath offer flexibility for guests, a home office, or a playroom. Upstairs, additional bedrooms provide peaceful retreats filled with natural light. The primary suite features vaulted ceilings, an en suite bathroom, a spacious walk-in closet, and a private balcony with serene mountain views a perfect spot for morning coffee or quiet reflection. Tucked away on a tranquil cul-de-sac-like street in the heart of East San Roque, yet just a short stroll or drive from charming De La Vina Street shops & restaurants, this beautiful, move-in ready home is a welcoming retreat awaiting its next happy owners!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 6,098.4 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,909 | 1,935 | 49% |
| Lot Size | 6,098.4 | 10,018.8 | 26% |
| Price | $2.25M | $2.19M | 53% |
| Price per sq ft | $1.2K | $1.1K | 65% |
| Built year | 2005 | 1960 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 131 | 192 | 22% |
Pricing History
Sold
Dec 3, 2025
$2,250,000
Public Record
Sold
Jul 29, 2022
$2,475,000
Public Record
Sold
Jun 25, 2019
$1,475,000
Public Record
Sold
Sep 13, 2002
$575,000
Public Record































