430 Corona Del Mar, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 4 bed, 3 bath

430 Corona Del Mar, SANTA BARBARA, CA 93103 home-pic-0
ACTIVE$2,800,000/sqft
430 Corona Del Mar, SANTA BARBARA, CA 93103
4Beds
3Baths
Sqft
4,719Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated just one block from the beach in Santa Barbara, offering unparalleled access to coastal amenities and ocean breezes.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4719, other record lot size in square feet = 4791. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$2.80M vs avg $2.13M (+$669,000)79%
Size: sqft vs avg 1,475 sqft26%
Price/sqft:$0 vs avg $79138%

More Insights

Built in 1925 (101 years old).
Condition: This 1925 Cape Cod craftsman home, while charming and well-maintained cosmetically with beautiful hardwood floors, falls into the 'Fair' category. The kitchen has been updated with modern stainless steel appliances, contemporary countertops, and recessed lighting, which is a significant positive. However, the bathrooms, while clean and functional, feature very distinct and dated tile patterns and fixtures (e.g., whimsical patterned tile, antique-style vanity, checkered green and white tile shower), indicating they have not been recently modernized. Crucially, the property analysis explicitly notes 'Age-Related Updates Required' for major systems like plumbing, electrical, and HVAC. While the home is livable and has good curb appeal, these necessary system updates, combined with the dated bathroom styles, push it beyond 'Good' and into 'Fair', where major components are functional but show signs of being outdated and require more than minor updates.
Year Built
1925
Close
-
List price
$2.8M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3422
Home ConditionFair
Features
Good View:
Deck
Patio
View-

About this home

One block from the beach, this rare coastal home available for the first time in 26 years blends timeless character with extraordinary potential. Originally built in 1925, this Cape Cod craftsman with 4+bedrooms and 2.5-bathrooms is filled with sunlight pouring through expansive windows, illuminating hardwood floors and includes original fixtures that speak to its enduring charm. The property offers fresh ocean breezes, inviting sitting areas, and a spacious deck that flows seamlessly from kitchen to patio, creating an ideal space for relaxed gatherings and entertaining. A detached two-car garage adds convenience. With the versatile benefit of R-4 zoning, the possibilities are as inspiring as the location itself. This property represents a truly unique opportunity in the coastal zone!

O
Olesya Thyne
Listing Agent
Condition Rating
Fair

This 1925 Cape Cod craftsman home, while charming and well-maintained cosmetically with beautiful hardwood floors, falls into the 'Fair' category. The kitchen has been updated with modern stainless steel appliances, contemporary countertops, and recessed lighting, which is a significant positive. However, the bathrooms, while clean and functional, feature very distinct and dated tile patterns and fixtures (e.g., whimsical patterned tile, antique-style vanity, checkered green and white tile shower), indicating they have not been recently modernized. Crucially, the property analysis explicitly notes 'Age-Related Updates Required' for major systems like plumbing, electrical, and HVAC. While the home is livable and has good curb appeal, these necessary system updates, combined with the dated bathroom styles, push it beyond 'Good' and into 'Fair', where major components are functional but show signs of being outdated and require more than minor updates.
Pros & Cons

Pros

Prime Coastal Location: Situated just one block from the beach in Santa Barbara, offering unparalleled access to coastal amenities and ocean breezes.
Development Potential: The versatile R-4 zoning provides significant opportunities for expansion, multi-unit development, or other value-add projects.
Historic Charm & Character: A rare 1925 Cape Cod craftsman home with timeless character, original fixtures, and hardwood floors, appealing to buyers seeking unique historical properties.
Outdoor Living & Entertaining: Features a spacious deck seamlessly flowing from the kitchen to a patio, creating an ideal space for gatherings and enjoying the coastal environment.
Natural Light & Detached Garage: The home is filled with abundant natural light through expansive windows, complemented by the convenience of a detached two-car garage.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4719, other record lot size in square feet = 4791. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Age-Related Updates Required: Built in 1925, the property likely requires significant investment in updating major systems (e.g., plumbing, electrical, HVAC) to meet modern standards and ensure long-term reliability.
Potential for Extensive Renovation: While offering 'extraordinary potential,' realizing this potential, especially with R-4 zoning, will likely necessitate substantial renovation and capital expenditure beyond cosmetic improvements.
Limited Lot Size for Development: The 4719 sq ft lot, while in a prime location, may present limitations for maximizing the R-4 zoning potential for significant expansion or multi-unit development without creative architectural solutions.
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