
SANTA BARBARA, CA 93103
This Turnkey Ground-Level Condominium is listed at $1,350,000, representing a premium residential offering in Santa Barbara’s coveted Upper East. While the price sits above the $1,179,695 Fair Market Value, the property’s Move-in Ready Condition and high-end upgrades—including plantation shutters, wood-style flooring, and a private patio—justify its position as a high-quality home. Located near Roosevelt School and the Arts District, this residence offers a sophisticated lifestyle with zero deferred maintenance. It is an ideal sanctuary for Upscale Professionals or Second-Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 E Arrellaga Street Apt 7 Subject | $1,350,000* List Price | 2 | 2 | 1,067 | $1,106 | - |
A 555 E Arrellaga Street 6 Sold | $1,385,000 | 3 | 2 | 1,345 | $1,030 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with several significant upgrades that elevate it above a standard 'fair' rating. It features high-quality wood-style flooring, modern recessed lighting, crown molding, and versatile plantation shutters throughout. The kitchen is well-maintained with updated stainless steel and black appliances, including a wine cooler. While the tile work in the bathrooms and kitchen backsplash reflects a slightly older aesthetic, all components are functional and show minimal wear. The overall presentation is clean and turnkey, consistent with a well-maintained home built in 1985 that has undergone partial renovations.
Situated at the intersection of the Upper East and Lower Riviera, this property offers exceptional proximity to the Arts District, Old Mission, Rose Garden, and local theaters.
This ground-level, one-story floor plan provides excellent accessibility and convenience, making it an ideal choice for retirees or those seeking a low-maintenance second home.
The unit comes fully equipped with modern upgrades, plantation shutters, and all appliances including a wine cooler, washer, and dryer, ensuring a move-in ready experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 1007.
The monthly HOA fee of $750 is relatively high for a two-bedroom condo, which may impact the overall affordability and monthly carrying costs for potential buyers.
With 1,067 square feet of living space, the unit is somewhat compact for the $1.35M price point, potentially posing a challenge for buyers requiring more storage or larger room scales.
Upper East meets Lower Riviera! On a quiet cul-de-sac is this garden courtyard setting aptly named St Francis Gardens, honoring the once-nearby historic hospital where so many of us multi-generational locals were born. Now a highly desirable neighborhood within a short distance to downtown Santa Barbara Arts District, Riviera Theatre, the Old Mission & Rose Garden, Rocky Nook Park and Roosevelt School. Convenience and comfort abound for a full-time residence or second home in this one-story ground level condo. Many upgrades, versatile plantation shutters, plus a covered porch for al fresco dining, and a patio off Primary bedroom. All appliances including washer, dryer, and built-in wine cooler come with the home. Secure parking in common underground garage.
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 | 1,067 | 1,193 | 45% |
| Lot Size | 871 | 320.5 | 60% |
| Price | $1.35M | $1.20M | 70% |
| Price per sq ft | $1.3K | $1.0K | 65% |
| Built year | 1985 | 1989 | 45% |
| HOA | $750 | $630 | 65% |
| Days on market | 14 | 206 | 5% |
Apr 8, 2026
$1,350,000
Initial Listing
Apr 3, 2012
$400,000
Public Record
Apr 17, 2003
$547,000
Public Record