618 Anacapa Street 5, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - 3 bed, 4 bath

618 Anacapa Street 5, SANTA BARBARA, CA 93101 home-pic-0
ACTIVE$2,995,000$2,901/sqft
618 Anacapa Street 5, SANTA BARBARA, CA 93101
3Beds
4Baths
2,901Sqft
871.2Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in a highly desirable downtown Santa Barbara location, steps from State Street, the waterfront, and the vibrant Funk Zone, offering unparalleled access to amenities and entertainment.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2901, other record living area = 2659.

Compared to the nearby listings

Price:$3.00M vs avg $1.40M (+$1,595,000)85%
Size:2,901 sqft vs avg 1,207 sqft95%
Price/sqft:$1.0K vs avg $90570%

More Insights

Built in 2006 (20 years old).
Condition: Built in 2006, this property is 18 years old but presents in excellent, move-in ready condition. The kitchen features high-end stainless steel Thermador appliances, granite countertops, and well-maintained wood cabinetry. Bathrooms are luxurious with natural stone tiling, quality vanities, and modern fixtures, including a spa-like primary bath. Flooring consists of natural stone tiles in main living areas and clean carpets in bedrooms. Overall, the property exhibits minimal wear and tear, high-quality finishes, and consistent maintenance, aligning perfectly with the 'Good' score criteria for its age and condition.
Year Built
2006
Close
-
List price
$3M
Original List price
-
Price/Sqft
$1,032
HOA
$699
Days on market
-
Sold On
-
MLS number
25-3563
Home ConditionGood
Features
Good View:
Deck
Spa
Patio
View-

About this home

Luxury Living in Downtown Santa Barbar at Anacapa Villas, a gated enclave of 8 Tuscan-style homes just steps from State Street, the waterfront, and Funk Zone. Designed by renowned architect Barry Berkus and built in 2006, this approx. 2,659 sq. ft. home features 3 beds, 3.5 baths, a loft den, and an attached 2-car garage. Enjoy two private brick patios (one with a spa), natural stone floors, vaulted ceilings, solid wood doors, and custom iron fixtures. The gourmet kitchen boasts granite counters, stainless appliances, and a Thermador 6-burner range. The spacious primary suite offers a spa-like bath, walk-in closet, and balcony. A second-floor guest bedroom offers a private bathroom and walk-in closet. The oversized top floor ensuite bedroom enjoys wonderful mountain and Riviera views.

B
Bob Curtis
Listing Agent

Price History

Date
Event
Price
02/05/21
Sold
$1,995,000
10/30/15
Sold
$1,850,000
03/06/15
Sold
$1,850,000
12/20/12
Sold
$10,000,000
Condition Rating
Good

Built in 2006, this property is 18 years old but presents in excellent, move-in ready condition. The kitchen features high-end stainless steel Thermador appliances, granite countertops, and well-maintained wood cabinetry. Bathrooms are luxurious with natural stone tiling, quality vanities, and modern fixtures, including a spa-like primary bath. Flooring consists of natural stone tiles in main living areas and clean carpets in bedrooms. Overall, the property exhibits minimal wear and tear, high-quality finishes, and consistent maintenance, aligning perfectly with the 'Good' score criteria for its age and condition.
Pros & Cons

Pros

Prime Downtown Location: Situated in a highly desirable downtown Santa Barbara location, steps from State Street, the waterfront, and the vibrant Funk Zone, offering unparalleled access to amenities and entertainment.
Luxury Design & High-End Finishes: Features a sophisticated Tuscan-style design by renowned architect Barry Berkus, complemented by premium materials such as natural stone floors, vaulted ceilings, solid wood doors, custom iron fixtures, and a gourmet kitchen with granite counters and Thermador appliances.
Exclusive Gated Community: Part of Anacapa Villas, an intimate gated enclave of only 8 luxury homes, providing enhanced privacy, security, and a sense of exclusivity.
Private Outdoor Living & Views: Includes two private brick patios, one equipped with a spa, offering secluded outdoor relaxation, along with wonderful mountain and Riviera views from the oversized top-floor bedroom.
Modern & Spacious Layout: Built in 2006, this 2,901 sq. ft. home offers a modern layout with 3 bedrooms, 3.5 baths, a versatile loft den, and an attached 2-car garage, catering to luxury living needs.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2901, other record living area = 2659.
High Monthly Association Fees: The substantial monthly association fee of $699 adds a significant recurring cost to ownership, which may impact affordability or investment returns.
Condominium Restrictions: As a condominium, the property is subject to HOA rules, regulations, and potential limitations on modifications or usage, which might not suit buyers seeking complete autonomy or a traditional single-family home experience.
Aggressive Pricing Strategy: The current list price of $2.995M reflects a considerable increase from its last sale in 2021 ($1.995M), suggesting an aggressive pricing strategy that may require careful market comparison to justify its value.
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