
CARPINTERIA, CA 93013
This Turnkey Coastal Condominium is a High-Potential Investment Opportunity, listed at $1,325,000—positioned well below the $1,386,281 Fair Market Value by 4%. This valuation gap provides $61,281 in Instant Equity. Boasting a Mint Condition Rating, the home features a recently renovated kitchen, updated baths, and rare wrap-around views of the Santa Barbara Polo Fields and the ocean. With three private balconies and abundant natural light, this property offers a premium lifestyle. It is an ideal acquisition for lifestyle-oriented buyers or secondary residence investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3375 Foothill Road Unit 424 Subject | $1,325,000* List Price | 2 | 2 | 1,020 | $1,359 | - |
A 3375 Foothill Road 923 Sold | $1,515,000 | 2 | 2 | 1,020 | $1,485 | 0.1 mi |
B 3375 Foothill Road 514 Sold | $1,660,000 | 2 | 2 | 1,280 | $1,297 | 0.0 mi |
C 3375 Foothill Road Unit 1123 Active | $1,295,000 List Price | 2 | 2 | 1,020 | $1,270 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1975, the property has been recently renovated with updated kitchen and bathrooms, new paint, and stainless steel appliances. The interior is in mint, move-in-ready condition with no visible maintenance needs, qualifying it for the top tier based on the recentness of the updates.
As a corner unit on the second floor, this home offers rare wrap-around views of the mountains, ocean, and polo fields, while benefiting from abundant natural light throughout the day.
The property features recently updated kitchen and bathrooms along with fresh paint, providing a modern, move-in-ready aesthetic that appeals to today's buyers.
With three separate balconies, including a dedicated space for sunset BBQs, the unit offers significantly more private outdoor space than typical condominiums in this price bracket.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 1006.
The monthly association fee of $893 is relatively high for a two-bedroom unit, which may impact the overall affordability and long-term investment yield for some purchasers.
Constructed in 1975, the complex may lack the modern energy efficiencies and contemporary amenities found in newer developments, potentially leading to future maintenance assessments.
This corner 2-bedroom, 2-bath home at the SB Polo Condos offers a bit of everything: privacy, incredible light, and a unique view of the polo fields. Since it's on the second floor, it feels tucked away, but the wrap-around mountain, ocean, and polo field views keep it feeling open and airy. It's rare to find a home that feels this bright--it stays filled with natural light from morning until sunset. The kitchen and baths were updated recently, and there is new paint throughout, so everything feels fresh and ready. With three different balconies, including a spot perfect for sunset BBQs, it's the kind of place where you'll spend as much time outside as you do in. Plus, you're just a few minutes from Padaro Beach and Summerland.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,020 | 855 | 67% |
| Lot Size | 871 | 435.6 | 78% |
| Price | $1.32M | $827.5K | 78% |
| Price per sq ft | $1.3K | $1.2K | 78% |
| Built year | 1975 | 1975 | 50% |
| HOA | $893 | $582 | 83% |
| Days on market | 39 | 192 | 6% |
Apr 28, 2026
$1,325,000
Initial Listing
Jul 26, 2022
$1,275,000
Public Record