
SANTA BARBARA, CA 93101
This Spacious Townhome-Style Condo is a Prime Investment Opportunity listed at $910,000—positioned well below the $930,681 Fair Market Value by 2%. This valuation gap offers $20,681 in Instant Equity. While maintaining a Well-Maintained Condition Rating, the original 1989 finishes present a clear value-add path for cosmetic modernization. Featuring a rare oversized two-car garage, cathedral ceilings, and proximity to San Marcos Senior High, this property balances lifestyle utility with coastal appreciation. It is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 W Carrillo Street Apt D Subject | $887,000* List Price | 2 | 1 | 1,200 | $770 | - |
A 415 W Gutierrez Street 11 Sold | $925,415 | 3 | 2 | 1,265 | $732 | 0.7 mi |
B 522 W Victoria Street B Sold | $715,000 | 1 | 1 | 927 | $771 | 0.2 mi |
C 521 W Montecito Street 4 Sold | $795,000 | 2 | 2 | 908 | $876 | 0.8 mi |
D 1050 Vista Del Pueblo 12 Pending | $985,000 List Price | 2 | 2 | 1,135 | $868 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but it shows significant signs of age consistent with its 1989 build date. While the solid wood flooring is a premium feature and the kitchen appliances have been updated to stainless steel, the kitchen and bathroom cabinetry, countertops, and fixtures are dated. The property has not undergone a full contemporary renovation, fitting the criteria for a home that is functional but aesthetically outdated.
Features a rare oversized attached two-car garage with direct interior access, providing exceptional convenience and storage space seldom found in Santa Barbara condo living.
The property is situated in a small 5-unit complex with low monthly HOA fees of $390, making it an economically attractive option for buyers seeking to minimize recurring expenses.
Boasts soaring cathedral ceilings, solid wood floors, and central air conditioning, offering a spacious and climate-controlled environment that enhances the home's overall appeal.
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 = 1015.
With only one bathroom serving two bedrooms and 1,200 square feet of living space, the layout may be less convenient for families or guests and could impact long-term resale value.
Aside from a private balcony, the property offers very limited outdoor area and a small lot footprint, which may not suit buyers looking for a yard or significant green space.
Tucked away in the heart of Santa Barbara, this townhome-style condo offers a perfect blend of comfort and character. Soaring cathedral ceilings and beautiful solid wood floors create a warm, inviting living space. The open living and dining areas feature a cozy gas fireplace and extend to a private tree-top view balcony-perfect for relaxing or entertaining. Located in a 5-unit complex with low HOA fees, this home provides both privacy and convenience. It features two spacious bedrooms with generous closet space, and a full laundry room. A rare find in condo living, the property boasts an oversized attached two-car garage with direct interior access, and air conditioning for year-round comfort. It's also ideally located just minutes from downtown, the Mesa, shops, and the beach.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.8 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 15% |
| Square foot | 1,200 | 1,549 | 27% |
| Lot Size | 871 | 653.3 | 50% |
| Price | $887.0K | $1.79M | 19% |
| Price per sq ft | $739 | $954 | 19% |
| Built year | 1989 | 2003 | 38% |
| HOA | $390 | $592 | 35% |
| Days on market | 30 | 151 | 4% |
Apr 16, 2026
$887,000
$910,000
-3% Price Drop
Initial Listing
Mar 23, 2026
$910,000
Initial Listing