333 Old Mill Road 128, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 2 bed, 2 bath
333 Old Mill Road 128
SANTA BARBARA, CA 93110
Property Price
SUMMARY
Analysis of 333 Old Mill Road 128, SANTA BARBARA, CA 93110 is currently available with a list price of $659,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Built in 2021, this property is nearly new and meets all current quality standards. The interior features modern finishes including granite countertops, stainless steel appliances, white shaker cabinetry, and contemporary wood-look flooring. All major systems, fixtures, and surfaces appear to be in pristine condition with no signs of deferred maintenance or physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2021, this nearly new home offers modern building standards, energy efficiency, and minimal immediate maintenance requirements compared to older park models.
- Premium Interior Finishes
The inclusion of granite countertops and vaulted ceilings provides a high-end, sophisticated feel that elevates the living experience beyond standard manufactured housing.
- Extensive Community Amenities
The Rancho Santa Barbara MH Park offers an exceptional lifestyle package including a golf course, pool, spa, gym, and specialized facilities like dog parks and RV storage.
CONSRISKS & DEFICIENCIES
- Land Ownership Structure
Located within a mobile home park, the property involves a land-lease arrangement rather than fee-simple ownership, which can impact traditional financing and long-term appreciation.
- Limited Square Footage
At 1,000 square feet, the living space is relatively compact for a two-bedroom, two-bath configuration, which may be a constraint for buyers with significant furniture or storage needs.
- High Entry Price for Asset Class
A list price of $659,000 for a manufactured home represents a high capital entry point, which may limit the pool of buyers to those specifically seeking the Santa Barbara lifestyle over traditional real estate equity.
About 333 Old Mill Road 128
Located on a very quiet street of Rancho Santa Barbara MH Park, this 2 bedroom, 2 bath, 2021 home features granite counters, vaulted ceilings, stove, refrigerator, microwave, ceiling fans, dishwasher, washer/ dryer and a shed. Park amenities include a club house with pool and spa, gym, two dog parks, golf course, and RV storage. This home is only 5 years old and is under rent control.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 | 2.0 | 4.0 | 10% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,000 | 1,908 | 10% |
| Lot Size | - | 7,405 | 18% |
| Price | $659.0K | $1.57M | 26% |
| Price per sq ft | $659 | $912 | 33% |
| Built year | 2021 | 1971 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 192 | 5% |
Pricing History
Listed for Sale
Feb 10, 2026
$659,000
Initial Listing