
SANTA BARBARA, CA 93103
This Turnkey Santa Barbara Condominium represents a Prime Investment Opportunity, listed at $1,399,000—positioned well below the $1,430,478 Fair Market Value by 2%. This valuation gap provides $31,478 in Instant Equity for the buyer. Featuring a Turnkey Condition Rating, the residence boasts a Granite Kitchen, Hardwood Floors, and Riviera Views from private patios. This refined, light-filled space offers a sophisticated lifestyle for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready residence in a premier downtown location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 521 E Anapamu Street # 8 Subject | $1,399,000* List Price | 2 | 2 | 1,598 | $895 | - |
A 555 E Arrellaga Street 6 Sold | $1,385,000 | 3 | 2 | 1,345 | $1,030 | 0.4 mi |
B 1206 Blanchard Street Sold | $1,200,000 | 3 | 3 | 1,453 | $826 | 1.0 mi |
C 521 E Anapamu # C8 Active | $1,475,000 List Price | 2 | 2 | 1,598 | $923 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, the property is in turnkey condition following a high-end renovation likely completed within the last 5 years. It features a modern kitchen with granite countertops and stainless steel appliances, upgraded windows, and premium hardwood and travertine flooring throughout.
Situated moments from the heart of downtown Santa Barbara, this upper-level unit offers exceptional privacy and scenic Riviera and treetop views from its private patio.
The residence features a fully remodeled interior with vaulted ceilings, three skylights, and high-end finishes like hardwood and travertine, ensuring a move-in-ready experience.
With dual patios—including a south-facing morning spot—and upgraded windows throughout, the home maximizes natural light and provides seamless indoor-outdoor living.
The monthly association fee of $630 represents a significant recurring expense that may impact the overall affordability for some buyers.
The property features a shared garage and one uncovered space, which may be less convenient than a private, fully enclosed garage typical of luxury residences.
Claiming a prime spot just moments from the heart of downtown Santa Barbara, this turnkey, upper-level two-bedroom, two-bath residence offers a beautifully remodeled, light-filled living space with views and privacy. Spanish architectural roots define the exterior, with white stucco, red-tile roofing, and classic detailing setting a timeless tone. A generously sized private patio off the living room captures Riviera and treetop views, while a south-facing patio off the kitchen offers the perfect sunny spot for morning coffee. Inside, vaulted ceilings and three skylights elevate the open floor plan, filling the home with natural light. Hardwood floors, paired with natural travertine in the kitchen and hallway, bring warmth and continuity to the home's clean, refined design. (MORE) ...The stylish kitchen is designed for both everyday living and entertaining, featuring sleek appliances, granite countertops, and beautifully integrated cabinetry. It connects seamlessly to the dining and living areas, where a stone fireplace anchors the main space and creates a natural gathering point. All windows have been replaced and upgraded, and the home includes a one-car shared garage and a dedicated uncovered parking space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,598 | 930 | 92% |
| Lot Size | 1,307 | 641 | 92% |
| Price | $1.40M | $1.10M | 77% |
| Price per sq ft | $875 | $1.0K | 38% |
| Built year | 1980 | 1991 | 8% |
| HOA | $630 | $630 | 50% |
| Days on market | 15 | 241 | 8% |
Jun 5, 2026
$1,399,000
Initial Listing
Feb 21, 2014
$645,000
Public Record