3077 Lucinda Lane, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 2 bed, 1 bath
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SANTA BARBARA, CA 93105
This Charming San Roque Residence is a Prime Investment Opportunity, listed at $1,495,000—positioned well below the $1,560,080 Fair Market Value by 4%. This valuation gap offers $65,080 in Instant Equity. Maintaining a Good Condition Rating, the home features a remodeled granite kitchen, hardwood floors, and a newer roof. Located in the prestigious Peabody Charter Elementary attendance area, the property includes a detached 280 sqft structure with ADU potential and a large covered patio. It is a perfect fit for Owner-Occupants or first-time buyers seeking a high-value coastal entry.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3077 Lucinda Lane Subject | $1,495,000* List Price | 2 | 1 | 960 | $1,625 | - |
A 2865 Verde Vista Drive Sold | $1,575,000 | 2 | 1 | 928 | $1,697 | 0.6 mi |
B 402 Paseo Del Descanso Sold | $1,450,000 | 2 | 1 | 811 | $1,788 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1950s home is in move-in ready condition due to several key updates. The kitchen has been remodeled with granite countertops and wood cabinetry, and the bathroom features modern tiling and a glass shower enclosure. Major systems have been addressed, including a newer roof from 2020, updated windows, and the installation of a split-system heating and cooling unit. While the white appliances and cabinet styles are not brand new, the overall maintenance of the hardwood floors and the addition of a functional detached structure justify a 'good' rating.
Situated in the highly desirable San Roque neighborhood and within the prestigious Peabody Charter Elementary attendance area, providing exceptional long-term value and appeal.
Currently the lowest-priced home in San Roque, this property offers a rare entry-level opportunity to own in one of Santa Barbara's most sought-after communities.
The detached 280-square-foot structure offers versatile use options and a potential head start for an ADU conversion, adding significant future utility and value.
With only two bedrooms, one bathroom, and under 1,000 square feet of living area, the home's compact footprint may be restrictive for growing families.
The property features only a one-car garage, which may be insufficient for modern households with multiple vehicles or significant storage needs.
San Roque charmer, owned by the same family since 1950! Currently the lowest priced home in San Roque. This 2BD/1BA home offers timeless appeal with hardwood floors, a cozy fireplace, and updated windows. The remodeled kitchen features abundant wood cabinetry and granite countertops, while the bathroom has been tastefully updated. A detached 280 sf structure that was originally permitted as a greenhouse, provides flexible use options and possibly a start to an ADU approval. Enjoy outdoor living on the large, covered patio perfect for outdoor entertaining and relaxation. Located in the highly sought after Peabody Charter Elementary attendance area. Additional features include split-system air conditioning/heat, remote-controlled solar shades, and a one-car garage and newer roof (2020).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 1.0 | 3.0 | 7% |
| Square foot | 960 | 2,079 | 6% |
| Lot Size | 6,098 | 10,018.8 | 21% |
| Price | $1.50M | $2.11M | 19% |
| Price per sq ft | $1.6K | $1.0K | 90% |
| Built year | 1950 | 1961 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 194 | 1% |
Apr 10, 2026
$1,495,000
Initial Listing