5820 Encina Road Unit 1, GOLETA, CA 93117, GOLETA, 93117 - 1 bed, 1 bath
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GOLETA, CA 93117
This 55+ Condominium represents a Strong Value Opportunity, listed at $729,000—positioned well above the $659,643 Fair Market Value by -10%. While priced above current estimates, the property maintains a Good Condition Rating with significant infrastructure upgrades, including new plumbing and electrical panels. Residents benefit from resort-style amenities like a 9-hole golf course and private patios. This move-in ready cottage is an ideal acquisition for Retirees or Owner-Occupants seeking a low-maintenance lifestyle in a highly sought-after community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5820 Encina Road Unit 1 Subject | $729,000* List Price | 1 | 1 | 783 | $842 | - |
A 5820 Encina Road Unit 1 Sold | $720,000 | 1 | 1 | 783 | $920 | 0.0 mi |
B 5910 Encina Road #3 Sold | $769,000 | 2 | 2 | 948 | $811 | 0.1 mi |
C 47 Dearborn Place 18 Sold | $690,000 | 2 | 1 | 929 | $743 | 0.7 mi |
D 49 Dearborn Place 14 Sold | $555,000 | 1 | 1 | 700 | $793 | 0.7 mi |
E 31 Dearborn Place 36 Sold | $600,000 | 1 | 1 | 729 | $823 | 0.7 mi |
F 41 Dearborn Place 77 Sold | $595,000 | 1 | 1 | 700 | $850 | 0.6 mi |
G 5822 Encina Road Unit 1 Active | $689,000 List Price | 1 | 1 | 827 | $833 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1962 build date, the property is move-in ready with recent cosmetic refreshes including paint, lighting, and hardware. Major systems are in excellent shape following HOA-led plumbing and electrical panel replacements. While the bathroom tile is dated, the overall maintenance and system upgrades justify a 'Good' rating.
The cottage features a desirable single-level floor plan with no stairs and two private patios, making it an ideal choice for the 55+ demographic seeking ease of movement and outdoor space.
Located in the sought-after Encina Royale community, residents enjoy premium amenities including a 9-hole golf course, a newly refinished pool, a fitness center, and a clubhouse.
The property benefits from major HOA-completed improvements including underslab plumbing and drain replacement, a new electrical panel, and recent interior refreshes like new paint and lighting.
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 = 714.
The monthly association fee of $846 is relatively high for a one-bedroom unit, which may impact the overall affordability and appeal for budget-conscious buyers.
With only 783 square feet of living space, the property offers limited room for residents who require a home office, guest space, or significant storage.
Welcome to Encina Royale, a highly sought-after 55+ community offering comfort, convenience, and an exceptional lifestyle. This charming single-level 1-bedroom, 1-bath cottage features no stairs and two spacious private patios, ideal for relaxing or entertaining guests. Recent improvements include fresh interior paint, updated lighting, new bathroom exhaust fans, a ceiling fan in the primary bedroom, and all-new door hardware. The home also includes new washer and dryer. Significant HOA-completed upgrades include underslab plumbing and drain replacement and a new main electrical panel for the building. Residents enjoy resort-style amenities including a 9-hole golf course, newly refinished pool, koi pond, clubhouse, library, and fitness center. Ideally located near shopping and dining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 783 | - |
| Lot Size | 871 | - |
| Price | $729.0K | $895.8K |
| Price per sq ft | $931 | $708 |
| Built year | 1962 | 0 |
| HOA | $846 | $0 |
| Days on market | 44 | 98 |
Jun 8, 2026
$729,000
Initial Listing
Sep 9, 2019
$509,000
Public Record
Jan 10, 2007
$500,000
Public Record