535 Alameda Padre Serra, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 4 bed, 2 bath

535 Alameda Padre Serra, SANTA BARBARA, CA 93103 home-pic-0
ACTIVE$1,950,000/sqft
535 Alameda Padre Serra, SANTA BARBARA, CA 93103
4Beds
2Baths
Sqft
6,534Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Views: Offers sweeping south-facing views of the ocean, islands, and city skyline from each unit, significantly enhancing desirability and value.
Top Cons:
Shared Coin-Operated Laundry: The presence of a shared, coin-operated laundry room may be less convenient and desirable than in-unit laundry facilities for residents.

Compared to the nearby listings

Price:$1.95M vs avg $2.09M ($-143,500)46%
Size: sqft vs avg 1,475 sqft26%
Price/sqft:$0 vs avg $79138%

More Insights

Built in 1964 (62 years old).
Condition: Despite being built in 1964, the property has undergone extensive and modern renovations, as explicitly stated in the description and confirmed by the images. The kitchens feature contemporary white shaker cabinets, solid surface countertops, stainless steel appliances, and recessed lighting. Bathrooms are updated with modern vanities, marble-look tops, and subway tile surrounds. Hardwood floors are present throughout the living areas, and dual-pane windows have been installed. The overall aesthetic is fresh, clean, and meets current quality standards, indicating a recent, comprehensive renovation.
Year Built
1964
Close
-
List price
$1.95M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4176
Home ConditionExcellent
Features
Excellent View:
Deck
Patio
View-

About this home

Lower Riviera duplex offering a versatile opportunity with two fully updated units and sweeping south-facing views of the ocean, islands, and city skyline from each unit. Located just minutes from downtown this property is ideal for an owner-user or investor with room to add an ADU and enhance long-term value. The lower unit enjoys access to a view deck perfect for relaxing or entertaining. Inside, you'll find wood floors throughout, dual-pane windows with window coverings, and updated kitchens and bathrooms. Additional highlights include newer exterior paint, a shared, coin operated laundry room, and ample parking: each unit has open spaces and one-car garage with generous additional storage. Whether you're looking for a smart investment or a multi-generational living opportunity, this property delivers comfort, convenience, and incredible Santa Barbara views!

G
Gregoire & Real Estate Group
Listing Agent

Price History

Date
Event
Price
07/06/15
Sold
$1,091,000
Condition Rating
Excellent

Despite being built in 1964, the property has undergone extensive and modern renovations, as explicitly stated in the description and confirmed by the images. The kitchens feature contemporary white shaker cabinets, solid surface countertops, stainless steel appliances, and recessed lighting. Bathrooms are updated with modern vanities, marble-look tops, and subway tile surrounds. Hardwood floors are present throughout the living areas, and dual-pane windows have been installed. The overall aesthetic is fresh, clean, and meets current quality standards, indicating a recent, comprehensive renovation.
Pros & Cons

Pros

Panoramic Views: Offers sweeping south-facing views of the ocean, islands, and city skyline from each unit, significantly enhancing desirability and value.
Versatile Investment/Living Opportunity: A duplex ideal for owner-users, investors, or multi-generational living, with potential to add an ADU for enhanced long-term value.
Prime Location: Situated in the desirable Lower Riviera, just minutes from downtown Santa Barbara, offering convenience and prestige.
Extensive Updates & Modern Amenities: Both units are fully updated with wood floors, dual-pane windows, updated kitchens and bathrooms, and newer exterior paint, reducing immediate buyer expenses.
Ample Parking & Storage: Each unit benefits from open parking spaces and a one-car garage with generous additional storage, a significant advantage in urban areas.

Cons

Shared Coin-Operated Laundry: The presence of a shared, coin-operated laundry room may be less convenient and desirable than in-unit laundry facilities for residents.
Age of Structure: Built in 1964, while updated, the underlying structure's age could imply potential for older systems or unforeseen maintenance issues not covered by recent renovations.
Limited Bathroom Count Per Unit: Each unit appears to have only one bathroom, which might be considered a drawback for some buyers seeking more amenities, especially for a 2-bedroom unit.
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