
Santa Barbara, CA 93105
This Spanish-style residence represents a High-Potential Investment Opportunity, listed at $2,100,000—positioned well above the $1,819,806 Fair Market Value by -15%. While the property requires modernization, its Condition Rating of 4 and classic architectural character—including wood-beamed ceilings and French doors—provide a solid foundation. The large 10,454 sqft lot offers significant utility, though buyers should account for the Public Record Discrepancy regarding bedroom count. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable Santa Barbara retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6 E Constance Avenue Subject | $2,100,000* List Price | 3 | 3 | 2,133 | $855 | - |
A 3134 Lucinda Lane Sold | $1,995,000 | 2 | 2 | 2,222 | $898 | 1.0 mi |
B 840 Cheltenham Road Pending | $1,775,000 List Price | 3 | 3 | 1,999 | $888 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978 (46 years old), the property is well-maintained but significantly dated. The kitchen and bathrooms feature older tile countertops, 1980s-style cabinetry, and vintage plumbing fixtures. While functional and move-in ready, the finishes and likely the original systems are well past the 20-year mark and require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 2133.
The home features classic Spanish-style elements including wood-beamed ceilings, red-tile flooring, and multiple sets of French doors that create a seamless indoor-outdoor living experience.
Situated behind tall privacy hedges, this property offers a romantic and quiet retreat, which is a highly sought-after feature in the Santa Barbara market.
The county assessor records the home as a two-bedroom while it is physically a three-bedroom, which may present challenges during the appraisal, permitting verification, or financing process.
Built in 1978, the property may require updates to its core systems or cosmetic finishes to meet the expectations of modern luxury buyers at the $2.1 million price point.
This romantic Spanish-style home sits behind tall privacy hedges. The home has a romantic feel and contains 3 spacious bedrooms and 2.5 baths in its 2,133 square feet of living space. Stepping inside, you're greeted by a large living room with wood-beamed ceilings, red-tile flooring, a fireplace, and a wall of French doors opening onto the backyard patio and deck. The formal dining room also features red-tile flooring and two walls of French doors. The nicely appointed kitchen offers ample cabinetry, a center island, a breakfast area, and additional French doors to the exterior. On the opposite side of the home, you will find the 3 bedrooms, including a master suite with a fireplace. Completing the home is a powder room, a laundry room, and direct access to the attached two-car garage. The county assessor lists the property as two bedrooms; however, it is physically a three-bedroom home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,133 | - |
| Lot Size | 10,454 | - |
| Price | $2.10M | $2.43M |
| Price per sq ft | $985 | $1.3K |
| Built year | 1978 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 60 |
Jun 19, 2026
$2,100,000
Initial Listing
Nov 16, 1999
$779,000
Public Record
Oct 21, 1997
$504,500
Public Record