
Goleta, CA 93111
This Six-Bedroom Residential Asset is a High-Potential Investment Opportunity, listed at $1,935,000—positioned well above the $1,614,932 Fair Market Value by -19%. While the property requires capital for modernization due to its Condition Rating of 4, the expansive layout, detached studio, and cul-de-sac location provide significant value-add potential. The home offers a rare canvas for customization, featuring a primary suite with mountain views and a wrap-around deck. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a long-term renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 455 Toltec Pl Subject 6 bd · 4 ba · 2,561 sqft · $631 | $1,935,000* List Price | 6 | 4 | 2,561 | $631 | - |
A 5573 Huntington Drive Pending 6 bd · 4 ba · 2,155 sqft · $974 · 0.2 mi | $2,099,000 List Price | 6 | 4 | 2,155 | $974 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1963 and shows signs of a previous renovation that is now approximately 15-25 years old. While the kitchen features stainless steel appliances, the cabinetry, tile flooring, and overall aesthetic are dated. The bathrooms are functional but feature older tile styles and fixtures that would benefit from modern updates.
With six bedrooms and a detached studio featuring a loft, this property offers exceptional flexibility for large families, multi-generational living, or dedicated professional workspaces.
Situated at the end of a quiet cul-de-sac in a coveted Goleta neighborhood, the home provides enhanced privacy while remaining minutes from UCSB, shopping, and local beaches.
The upper-level primary suite serves as a private sanctuary, featuring vaulted ceilings, a wrap-around deck with captivating views, and a spa-inspired bathroom with a jetted tub.
Marketed as a 'canvas to curate your own vision,' the home likely requires significant cosmetic updates or modernizing to align the 1963 structure with contemporary luxury standards.
At a list price of nearly $2M for a 1960s-built home, buyers may find the cost prohibitive when factoring in the additional investment needed for necessary upgrades.
Nestled within one of Goleta s most coveted neighborhood at the end of a beautiful cul-de-sac, this expansive six-bedroom residence spans nearly 2,600 square feet, offering a rare canvas to curate your own vision of coastal luxury. An airy, open-concept kitchen centers around an island, featuring stainless steel appliances, wood cabinetry and a charming bay window. Next to the dining area, large sliding glass doors lead to a sprawling terrace an ideal setting for grilling and outdoor dining. The living room with vaulted ceilings, anchored by a stately fireplace serves as a main area for relaxation, which open out to the private backyard. The first level offers four well-appointed bedrooms, including a junior primary suite complete with a stylishly remodeled ensuite bath. Ascending to the upper level, the scale of the home truly shines. Two additional bedrooms boast high-volume ceilings, highlighted by a palatial primary suite. This retreat features a private wrap-around deck with captivating views, alongside a spa-inspired bath equipped with a large walk-in shower and a deep soaking jetted tub. Outside in the backyard, a detached studio with a versatile loft offers a quiet sanctuary for a professional workspace or a creative studio. Just minutes away from Calle Real shopping corridor, Kellogg Elementary School and freeway access, and close proximity to UC Santa Barbara and pristine shores of Santa Barbara, this home invites you to envision a lifestyle with relaxation and modern convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,561 | 3,172 |
| Lot Size | - | 74,052 |
| Price | $1.94M | $2.60M |
| Price per sq ft | $756 | $821 |
| Built year | 1963 | 1982 |
| HOA | $0 | $0 |
| Days on market | 45 | 27 |
Sep 9, 2026
$1,935,000
Initial Listing
Aug 4, 2016
$1,115,000
Public Record
May 6, 1997
$338,500
Public Record