624 Las Alturas Road, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 3 bed, 2 bath
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SANTA BARBARA, CA 93103
This Renovated Riviera Estate is a Strong Value Opportunity, listed at $3,150,000—positioned well below the $3,404,127 Fair Market Value by 7%. This valuation gap provides $254,127 in Instant Equity. Boasting a Move-in Ready Condition, the home features an open-concept kitchen and panoramic ocean views. The 13,939 sq. ft. lot offers rare dual street access and seamless indoor-outdoor flow to expansive view decks. This is a premier acquisition for Owner-Occupants seeking coastal luxury or Buy-and-Hold Investors targeting the prestigious Santa Barbara market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 624 Las Alturas Road Subject | $3,150,000* List Price | 3 | 2 | 2,406 | $1,415 | - |
A 1226 Alameda Padre Serra Sold | $3,700,000 | 3 | 4 | 2,762 | $1,340 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1978, the property has undergone extensive recent renovations that bring it up to modern luxury standards. The interior features a fully updated open-concept kitchen with white shaker cabinetry, stone countertops, and stainless steel appliances. High-quality wide-plank flooring is consistent throughout the home, complemented by updated light fixtures, a modern marble-top bar, and a contemporary fireplace. The property is in move-in ready condition with no visible deferred maintenance and high-end finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 2406.
The property offers unobstructed, panoramic views of the Pacific Ocean, Santa Barbara Harbor, and the Channel Islands from nearly every room, a hallmark of the prestigious Riviera location.
Featuring unique dual street access and parking for 5+ vehicles including a 2-car garage, this home addresses the common neighborhood challenge of limited parking and difficult street navigation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2406, other record living area = 2133.
With only two bathrooms for a three-bedroom residence, the home may lack the convenience and privacy expected by modern luxury buyers at this price point.
Built in 1978, the property may require significant capital investment for modernization and system upgrades to meet contemporary aesthetic and energy efficiency standards.
Perched on Santa Barbara's coveted Riviera, this 3BD/2BA home offers unobstructed ocean, harbor, Channel Islands, and coastline views from nearly every room. Southeast-facing, the light-filled interior features an open-concept kitchen, dining, and living area with seamless indoor-outdoor flow to view decks from both the living room and primary suite. Designed for entertaining, the property includes multiple outdoor seating areas, a spacious backyard, built-in BBQ, and beautifully landscaped grounds with a mature, producing avocado tree. A rare Riviera offering with dual street access from Las Alturas Rd and Rincon Vista Rd provides exceptional convenience and ample parking, including a 2-car garage and driveway space for 3+ vehicles. Additional highlights include a family room with a marble-top bar, dedicated laundry room, and expansive view orientation from the main living spaces. A unique opportunity to enjoy quintessential Riviera living with unmatched wireless views and accessibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,406 | 1,816 | 62% |
| Lot Size | 13,939 | 10,454.4 | 54% |
| Price | $3.15M | $2.09M | 76% |
| Price per sq ft | $1.3K | $1.1K | 57% |
| Built year | 1978 | 1940 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 196 | 3% |
Apr 15, 2026
$3,150,000
Initial Listing
Aug 18, 2023
$3,150,000
Public Record
Jul 23, 2020
$1,750,500
Public Record