312 Ladera Street 4, Santa Barbara, CA 93101, Santa Barbara, 93101 - 2 bed, 3 bath
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312 Ladera Street 4
Santa Barbara, CA 93101
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,020Sq Ft
482Lot Size
Property Price
LIST PRICE$949,000
EST. MARKET VALUE
$937,808
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $974,900—positioned slightly above the $955,938 Fair Market Value. While the price reflects the premium for its Excellent Condition Rating, the property offers significant lifestyle value through its upgraded kitchen, renovated bathrooms, and a private backyard with custom hardscape. Its efficient layout, including a dedicated office space and ensuite bedrooms, provides a functional sanctuary near Santa Barbara City College. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in-ready home in a prime location.
Estimated Market Value
$937,808
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 Ladera Street 4 Subject | $949,000* List Price | 2 | 3 | 1,020 | $919 | - |
A 521 W Montecito Street #1 Pending | $829,500 List Price | 2 | 2 | 908 | $914 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1987, the property features an upgraded kitchen with stainless steel appliances, updated flooring, and renovated upstairs bathrooms. The addition of newer dual-pane sliding doors and a well-maintained backyard with custom hardscape and turf indicates the home is move-in ready and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The unit features a recently upgraded kitchen with stainless steel appliances, renovated bathrooms, and new flooring, offering a move-in-ready experience for buyers.
- Enhanced Outdoor Living
As a private end unit, this property boasts a larger-than-average backyard with custom hardscape, turf, and lighting, providing superior outdoor space compared to neighboring units.
- Functional Layout
The floor plan is highly efficient, featuring two bedrooms with private ensuite bathrooms and a dedicated office space converted from external storage, ideal for remote work.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At just 1,020 square feet, the interior living area is relatively small for a property priced near the million-dollar mark, which may feel restrictive for some buyers.
- Limited Lot Size
With a lot size of only 482 square feet, there is very little land ownership or room for future exterior expansion beyond the existing footprint.
About 312 Ladera Street 4
NEW PRICE!!! Desirable private end unit in small complex near Santa Barbara City College. Upgraded kitchen, flooring and upstairs bathrooms. Newer dual pane sliding door. Additional office space (was formally external storage closet) which is accessed from inside the home. Kitchen has stainless steel appliances and includes refrigerator. Stackable washer and dryer upstairs is included. Both bedrooms upstairs have ensuite bathrooms. Backyard is larger than other units with added turf, custom hardscape, and lighting. Unit comes with an outside parking space and one garage space.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 482 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,020 | 1,132.5 |
| Lot Size | 482 | 1,012 |
| Price | $949.0K | $1.28M |
| Price per sq ft | $930 | $1.2K |
| Built year | 1987 | 1986 |
| HOA | $300 | $734 |
| Days on market | 45 | 34 |
Pricing History
Listed for Sale
Aug 23, 2026
$949,000
$974,900
-3% Price Drop
Initial Listing
Price Change
Jul 26, 2026
$974,900
Initial Listing
Sold
Apr 15, 2022
$840,000
Public Record
Sold
Apr 2, 1999
$210,000
Public Record