2937 Glen Albyn Drive, Santa Barbara, CA 93105, Santa Barbara, 93105 - 5 bed, 5 bath
Loading property details...
Santa Barbara, CA 93105
This Versatile Mission Canyon Estate is a Strong Value Opportunity, listed at $2,775,000—positioned well below the $2,912,383 Fair Market Value by 4%. This valuation gap provides $137,383 in Instant Equity. Boasting a Condition Rating of 2, the residence features a renovated designer kitchen, panoramic ocean views, and a permitted JADU for immediate rental income. Located in the coveted Peabody Attendance Area near top-rated schools, this property balances luxury lifestyle with significant financial upside. It is an exceptional find for Owner-Occupants or Multi-generational Families seeking a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2937 Glen Albyn Drive Subject | $2,775,000* List Price | 5 | 5 | 3,398 | $817 | - |
A 2937 Glen Albyn Drive Active | $2,775,000 List Price | 5 | 5 | 3,398 | $817 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a recently renovated kitchen with quartz countertops and stainless appliances, refreshed bathrooms, and significant system upgrades including a new electrical panel, central AC, and a tankless water heater. These high-end updates and meticulous maintenance place it in the <5-year renovation category.
The inclusion of a permitted JADU and a large downstairs flex room provides exceptional flexibility for rental income, multi-generational living, or a dedicated home business space.
The home features a recently renovated designer kitchen and a full-length Trex deck that captures desirable ocean and island views, offering immediate move-in appeal.
At over 3,300 square feet, this residence offers a rare amount of interior living space for the Mission Canyon neighborhood, supported by high-value upgrades like central AC and dual-pane windows.
The 6,970 square foot lot is relatively compact for a home of this size, which may limit outdoor recreational space and privacy compared to other luxury properties in the area.
The assigned public schools carry mid-range ratings (4 to 6), which could be a drawback for families specifically targeting Santa Barbara's highest-performing school districts.
Updated, flexible floorplan and full of possibilities! This 3,300+ sq ft home, located in the desirable Mission Canyon neighborhood of Santa Barbara offers 4 bed/4 bathrooms, PLUS a permitted JADU (studio + bathroom) - ideal for additional income, guests or multi-generational living. Natural light fills the interiors, highlighting the easy indoor/outdoor flow from the kitchen and living spaces. Enjoy ocean & island views from a Trex viewing deck that spans the length of the house. A recently renovated kitchen features designer cabinetry, quartz countertops and stainless steel appliances, while bright refreshed bathrooms & polished concrete floors downstairs add a clean, modern feel. An expansive flex room downstairs creates options for a media room, gym, home office, playroom or future ADU potential. Thoughtful upgrades include dual pane windows & sliders, solid core interior doors, upgraded electrical panel, central AC, and tankless water heater. Outside you'll find a private fenced yard with drought-tolerant landscaping, concrete paver driveway, 2-car garage, and ample parking. This meticulously maintained home offers something rare: flexibility, income potential, and space that truly grows with you!
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 2.4 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 3,398 | 2,087 | 92% |
| Lot Size | 6,970 | 10,018.8 | 27% |
| Price | $2.77M | $2.15M | 69% |
| Price per sq ft | $817 | $1.0K | 25% |
| Built year | 1977 | 1961 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 195 | 6% |
Feb 11, 2026
$2,775,000
Initial Listing
Oct 26, 1995
$349,000
Public Record