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305 Mesa Lane, SANTA BARBARA, CA 93109, SANTA BARBARA, 93109 - 6 bed, 5 bath

305 Mesa Lane, SANTA BARBARA, CA 93109 home-pic-0
ACTIVE$3,200,000$2,898/sqft
Est. Value: $2,892,353
-9%
AboveEstimate
305 Mesa Lane, SANTA BARBARA, CA 93109
6Beds
5Baths
2,898Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($2,892,353.365) is $307,646.635 (9%) lower than the list price ($3,200,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in the highly desirable Mesa Lane, adjacent to the Douglas Preserve, offering immediate access to beaches, parks, and nature, while being minutes from downtown Santa Barbara, the harbor, and amenities.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.

Compared to the nearby listings

Price:$3.20M vs avg $2.56M (+$644,000)72%
Size:2,898 sqft vs avg 1,720 sqft91%
Price/sqft:$1.1K vs avg $1.2K49%

More Insights

Built in 1975 (51 years old).
Condition: This property, built in 1975, has undergone significant recent cosmetic renovations including new flooring, fresh paint, and updated landscaping, making it largely move-in ready. The guest quarters feature a fully modern kitchen and bathroom with contemporary finishes and fixtures. The main kitchen boasts modern stainless steel appliances and white shaker cabinets, though the countertops and backsplash appear somewhat dated. One of the main bathrooms also presents an older, tiled style, indicating that not all areas have received a full, contemporary renovation. While functional and well-maintained, these older elements, along with the property's age and the noted lack of central air conditioning, prevent it from achieving an 'Excellent' rating, aligning it with a 'Good' condition score.
Year Built
1975
Close
-
List price
$3.2M
Original List price
-
Price/Sqft
$1,104
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3890
Home ConditionGood
Features
Deck
Spa
Patio
View-

About this home

In the Heart of Mesa Lane by the Douglas Preserve, one of Santa Barbara's most desirable coastal enclaves, this home offers a rare combination of indoor-outdoor living, character and proximity to the ocean. With a flexible layout that includes additional living space ideal for private Home Offices, a Media Room, Exercise Room and Guest Quarters, this property presents an inspiring canvas for your next chapter. From whale watching at nearby Beaches, to experiencing scenic Elings and Shoreline Parks, the location offers daily access to nature. With two Primary Suites, including one on entry level, a full Kitchen with island, and a Kitchenette/wet bar in the Guest Quarters, the home offers excellent potential for multi-generational living & Rental Income in a sought-after neighborhood. Recently renovated with room for your creative touches, you'll find New flooring, fresh paint, updated gardens, a lawn, and amazing driveway entry. This home is move-in ready and suits a variety of lifestyles. Additional features include a separate freestanding office, and ample space for outdoor activities. Outdoor areas feature a flower garden with white roses, a deck, gazebo, fenced yard for pets, a 2-car garage, and solar. Whether you choose to preserve its charm, as enhance it further with your own vision, or explore its long-term potential including SB9 opportunities or future ADUs, this rare offering provides generous square footage and amazing value in one of Santa Barbara's most treasured neighborhoods. Cherished by the same family for generations, the home carries a warm, country feel with Cape Cod influences, creating a sense of history and comfort, that you can build on with your own ideas. Close to restaurants, shopping, and Lazy Acres, and just minutes from the Santa Barbara Harbor, downtown, the SB Airport, and the 101. Interior & exterior furnishing by S and S Design Services. All furniture available for purchase with the property

L
Lorena Regalado
Listing Agent
Condition Rating
Good
This property, built in 1975, has undergone significant recent cosmetic renovations including new flooring, fresh paint, and updated landscaping, making it largely move-in ready. The guest quarters feature a fully modern kitchen and bathroom with contemporary finishes and fixtures. The main kitchen boasts modern stainless steel appliances and white shaker cabinets, though the countertops and backsplash appear somewhat dated. One of the main bathrooms also presents an older, tiled style, indicating that not all areas have received a full, contemporary renovation. While functional and well-maintained, these older elements, along with the property's age and the noted lack of central air conditioning, prevent it from achieving an 'Excellent' rating, aligning it with a 'Good' condition score.
Pros & Cons

Pros

Prime Coastal Location: Situated in the highly desirable Mesa Lane, adjacent to the Douglas Preserve, offering immediate access to beaches, parks, and nature, while being minutes from downtown Santa Barbara, the harbor, and amenities.
Versatile Layout & Income Potential: Features a flexible layout with additional living spaces suitable for home offices, media rooms, or guest quarters, including two primary suites and a kitchenette, ideal for multi-generational living or rental income.
Recent Renovations & Move-in Ready: Recently updated with new flooring, fresh paint, and refreshed gardens, making the home move-in ready for immediate occupancy.
Extensive Outdoor Amenities & Dedicated Office: Boasts a separate freestanding office, a flower garden, deck, gazebo, fenced yard, and a 2-car garage, providing ample space for outdoor activities and dedicated workspace.
Future Development Potential & Energy Efficiency: Offers significant long-term potential with generous square footage, SB9 opportunities, and space for future ADUs, complemented by existing solar panels for energy efficiency.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
Age of Property: Built in 1975, the property, despite recent renovations, may still have original systems (e.g., plumbing, electrical) that could require future maintenance or upgrades not covered by cosmetic updates.
Potential for Additional Investment: The description mentions 'room for your creative touches,' suggesting that while move-in ready, buyers may anticipate further investment to fully modernize or personalize the home to contemporary standards.
Lack of Central Air Conditioning: There is no mention of a central cooling system, which could be a significant drawback for comfort during warmer months in Santa Barbara.
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