411 Por La Mar Circle, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 1 bed, 1 bath

411 Por La Mar Circle, SANTA BARBARA, CA 93103 home-pic-0
ACTIVE$895,000$700/sqft
411 Por La Mar Circle, SANTA BARBARA, CA 93103
1Bed
1Bath
700Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Coastal Proximity: The property boasts an unbeatable location, just steps from Santa Barbara's iconic East Beach and in close proximity to downtown, The Post, and the vibrant Funk Zone, offering a highly desirable coastal lifestyle.
Top Cons:
Substantial Monthly Association Fee: The $777 monthly association fee is notably high for a 1-bedroom unit, significantly impacting the overall cost of ownership and potentially deterring some buyers.

Compared to the nearby listings

Price:$895.0K vs avg $915.0K ($-20,000)40%
Size:700 sqft vs avg 700 sqft50%
Price/sqft:$1.3K vs avg $1.3K50%

More Insights

Built in 1991 (35 years old).
Condition: Built in 1991, the property is well-maintained and move-in ready, but the kitchen features dated light wood cabinets, white appliances, and a traditional layout. The bathroom also shows signs of being outdated with its vanity style and shower enclosure. While functional and clean, these key areas would benefit from cosmetic updates to meet current aesthetic standards.
Year Built
1991
Close
-
List price
$895K
Original List price
-
Price/Sqft
$1,279
HOA
$777
Days on market
-
Sold On
-
MLS number
25-3707
Home ConditionFair
Features
Pool
Spa
Patio
View-

About this home

Discover resort-style living just steps from Santa Barbara's iconic East Beach. This 1 bedroom, 1 bath condo offers an inviting layout and a spacious private patio perfect for morning coffee or evening relaxation. Set within the highly sought-after El Escorial community, residents enjoy unparalleled amenities including a sparkling pool and spa, fitness center, tennis courts, and lush landscaped grounds. The gated community provides both security and a serene coastal atmosphere, making it ideal as a full-time residence, or weekend retreat. With its unbeatable location near the beach, The Post, downtown Santa Barbara and the Funk Zone, this condo offers the ideal blend of relaxation, recreation, and convenience. Welcome Home!

T
The Morehart Group
Listing Agent

Price History

Date
Event
Price
08/29/16
Sold
$570,000
Condition Rating
Fair

Built in 1991, the property is well-maintained and move-in ready, but the kitchen features dated light wood cabinets, white appliances, and a traditional layout. The bathroom also shows signs of being outdated with its vanity style and shower enclosure. While functional and clean, these key areas would benefit from cosmetic updates to meet current aesthetic standards.
Pros & Cons

Pros

Exceptional Coastal Proximity: The property boasts an unbeatable location, just steps from Santa Barbara's iconic East Beach and in close proximity to downtown, The Post, and the vibrant Funk Zone, offering a highly desirable coastal lifestyle.
Extensive Resort-Style Amenities: Residents enjoy unparalleled access to a wide array of community amenities including a sparkling pool, spa, fitness center, tennis courts, and lush landscaped grounds, enhancing the living experience.
Secure Gated Community: Located within the highly sought-after El Escorial community, the gated access provides enhanced security and a serene atmosphere, appealing to those seeking peace of mind.
Versatile Usage Potential: This condo is ideal for various buyer profiles, serving perfectly as a full-time residence, a luxurious weekend retreat, or a potential investment property.
Private Outdoor Space: The unit features a spacious private patio, offering a dedicated outdoor area for relaxation, dining, or enjoying morning coffee, a valuable asset for condo living.

Cons

Substantial Monthly Association Fee: The $777 monthly association fee is notably high for a 1-bedroom unit, significantly impacting the overall cost of ownership and potentially deterring some buyers.
Compact Living Space: With 700 square feet and a 1-bedroom, 1-bath configuration, the property offers limited living space, which may not be suitable for individuals or couples requiring more room.
Recent Price Adjustment: The recent price reduction from $925,000 to $895,000 could indicate initial overpricing or a need to stimulate buyer interest, potentially raising questions about its current market valuation.
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