5160 Rhoads, Santa Barbara, CA 93111, Santa Barbara, 93111 - 4 bed, 3 bath
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5160 Rhoads
Santa Barbara, CA 93111
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,200Sq Ft
0Lot Size
Property Price
LIST PRICE$1,295,000
EST. MARKET VALUE
$1,241,725
4% AboveMARKET VALUE
SUMMARY
This Versatile Single Family Residence is a Strong Value Opportunity, listed at $1,295,000—positioned above the $1,241,725 Fair Market Value. While priced slightly above market, the property offers significant utility with 4 bedrooms plus a flex room and Owned Solar efficiency. Featuring a Condition Rating of 4, the home provides a solid foundation for modernization. Its prime location near UCSB and coastal amenities ensures long-term demand. This property is an ideal acquisition for Owner-Occupants seeking space to grow or Buy-and-Hold Investors targeting the Santa Barbara rental market.
Estimated Market Value
$1,241,725
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5160 Rhoads Subject 4 bd · 3 ba · 1,200 sqft · $1,035 | $1,295,000* List Price | 4 | 3 | 1,200 | $1,035 | - |
A 730 Gwyne Avenue Sold 3 bd · 2 ba · 1,322 sqft · $983 · 0.2 mi | $1,300,000 | 3 | 2 | 1,322 | $983 | 0.2 mi |
B 5140 San Lorenzo Drive Active 3 bd · 2 ba · 1,238 sqft · $1,127 · 0.2 mi | $1,395,000 List Price | 3 | 2 | 1,238 | $1,127 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1965, the home is functional and features some recent updates like laminate flooring and owned solar. However, the overall condition is dated, featuring popcorn ceilings, original wood architectural details, and older tile work in the kitchen and bathrooms that would benefit from modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
The home features 4 bedrooms plus a flexible bonus room, providing exceptional utility for large families, remote work, or guest accommodations in a competitive market.
- Energy Efficiency
Equipped with an owned solar system, this property offers significant long-term value by reducing monthly utility expenses and increasing overall sustainability.
- Prime Coastal Location
Ideally situated near UCSB, Goleta, and Santa Barbara's premier beaches, the property benefits from high demand due to its proximity to top-rated schools and major employment hubs.
CONSRISKS & DEFICIENCIES
- High Density Layout
With 4 to 5 bedrooms configured within only 1,200 square feet, the individual room sizes and common areas may feel cramped or undersized for some buyers.
- Square Footage Discrepancy
The listing indicates that the square footage may differ from tax records, which could lead to complications during the appraisal process or concerns regarding unpermitted space.
About 5160 Rhoads
Welcome to this beautifully maintained Santa Barbara home, where comfort, flexibility, and coastal charm come together. Offering 4 bedrooms plus a versatile flex room that can serve as a fifth bedroom, home office, media room, or playroom. Energy-efficient with Owned Solar. Step inside to discover updated flooring throughout much of the home, multiple living areas, and a light-filled floor plan designed for both comfortable everyday living and effortless entertaining. The kitchen opens to the dining area and main living room. Outside, you ll find a welcoming front courtyard complete with a pergola. The backyard has ample storage room for additional space. Perfectly situated near shopping, restaurants, parks, top-rated schools, UC Santa Barbara, Goleta, and Santa Barbara s stunning beaches, this home offers the ideal combination of space, convenience, and location. Whether you re looking for room to grow, work from home, or simply enjoy the best of the Santa Barbara lifestyle, this exceptional property is ready to welcome you home. Square footage may differ from tax records.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 3.2 |
| Square foot | 1,200 | 2,768.185 |
| Lot Size | - | 20,827.852 |
| Price | $1.29M | $4.30M |
| Price per sq ft | $1.1K | $1.6K |
| Built year | 1965 | 1959 |
| HOA | $0 | $3.2K |
| Days on market | 95 | 89 |
Pricing History
Listed for Sale
Jul 21, 2026
$1,295,000
Initial Listing