3435 Richland Dr. 17, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 1 bed, 1 bath
3435 Richland Dr. 17
SANTA BARBARA, CA 93105
Property Price
SUMMARY
Analysis of 3435 Richland Dr. 17, SANTA BARBARA, CA 93105 is currently available with a list price of $615,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
While the property benefits from new luxury vinyl flooring throughout and an updated bathroom with modern fixtures, the kitchen is significantly dated. It features mint green cabinets, an electric coil cooktop, an older wall oven, and a mirror backsplash, which would require substantial renovation to meet current aesthetic and functional standards. The building's age (1961) also suggests potential for older infrastructure, despite the unit's partial updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Tucked into one of Santa Barbara's most sought-after neighborhoods, just moments from Uptown's vibrant mix of restaurants, cafés, and boutique shops, offering ultimate convenience.
- Updated Interior Features
The condo boasts new luxury vinyl flooring throughout and an updated bathroom, enhancing the home's modern and cohesive feel.
- Community Amenities
The San Felipe community provides a newly renovated sparkling pool, lush tropical grounds, on-site laundry, and convenient parking, adding significant value and lifestyle benefits.
CONSRISKS & DEFICIENCIES
- Limited Living Space
As a 1-bedroom, 1-bathroom condo, the property offers limited living space, which may not suit families or those requiring more room.
- High Association Fees
The monthly association fee of $508 is a significant recurring cost that adds to the overall expense of ownership.
- Building Age
Built in 1961, the property is over 60 years old, which could imply potential for older infrastructure or maintenance needs not explicitly mentioned as updated within the unit or common areas.
About 3435 Richland Dr. 17
Tucked into one of Santa Barbara's most sought-after neighborhoods, this charming 1-bedroom, 1-bathroom condo is your own little slice of paradise. Ideally located just moments from Uptown's vibrant mix of restaurants, cafés, and boutique shops, you'll enjoy both ultimate convenience and that relaxed SB lifestyle. Inside, large windows fill the space with natural light, creating a bright and welcoming atmosphere. New luxury vinyl flooring runs throughout, and the updated bathroom enhances the home's cohesive feel. Step out onto your private balcony surrounded by mature landscaping—perfect for sipping morning coffee or winding down with a cool drink in the evening. The San Felipe community offers a newly renovated sparkling pool, lush tropical grounds, on-site laundry, and convenient parking. Whether you're looking for a weekend escape, a first home, or a low-maintenance lifestyle, this hidden gem combines ideal location, inviting community, and timeless character.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1961
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $508 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 18% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | - | 1,400 | 4% |
| Lot Size | - | - | 50% |
| Price | $615.0K | $1.03M | 18% |
| Price per sq ft | $0 | $757 | 18% |
| Built year | 1961 | 1973 | 14% |
| HOA | $508 | $586 | 36% |
| Days on market | 241 | 242 | 50% |
Pricing History
Listed for Sale
Jul 9, 2025
$615,000
Initial Listing
Sold
Aug 10, 2023
$565,000
Public Record
Sold
Nov 15, 1996
$92,500
Public Record