628 Calle Del Oro, SANTA BARBARA, CA 93109, SANTA BARBARA, 93109 - 3 bed, 2 bath

628 Calle Del Oro, SANTA BARBARA, CA 93109 home-pic-0

628 Calle Del Oro

SANTA BARBARA, CA 93109

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,494Sq Ft
13,068Lot Size

Property Price

LIST PRICE$2,600,000
EST. MARKET VALUE
$2,844,230
8% BelowMARKET VALUE

SUMMARY

Analysis of 628 Calle Del Oro, SANTA BARBARA, CA 93109 reveals a Prime Investment Opportunity with a current list price of $2,600,000—significantly undercutting the $2,844,230 Fair Market Value by 8%. This valuation gap indicates a +$244,230 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,844,230 +$244,230 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in SANTA BARBARA.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
628 Calle Del Oro
Subject
$2,600,000*
List Price
321,494$1,904-
A
530 Ricardo Avenue
Sold
$2,700,000421,435$1,8820.2 mi
B
1633 La Coronilla Drive
Sold
$2,150,000321,395$1,5410.2 mi
C
2560 Calle Galicia
Sold
$2,149,000321,232$1,7440.8 mi
D
2416 Medcliff Road
Sold
$3,050,000431,720$1,7730.8 mi
E
830 Flora Vista Drive
Sold
$2,060,500331,561$1,3200.6 mi
F
246 San Julian Avenue
Sold
$2,300,000311,035$2,2220.5 mi
G
1437 San Miguel Avenue
Pending
$2,995,000
List Price
321,390$2,1550.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone a complete, high-end renovation within the last year, featuring a modern kitchen, updated bathrooms, and premium finishes throughout. Despite being originally built in 1961, the home is now in turn-key condition with all-new components and no deferred maintenance, meeting the criteria for a recently fully renovated residence.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1494.

  • Prime Mesa Location

    Situated on a quiet cul-de-sac in the highly coveted Mesa neighborhood, this property offers exceptional privacy and proximity to Santa Barbara's premier beaches, shopping, and dining.

  • Turn-Key Modern Renovation

    The home has been fully remodeled with high-end materials and modern finishes, providing a move-in-ready experience that eliminates the need for immediate capital improvements.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-10-01. The sold price is $1,675,000.00.

  • High Price Per Square Foot

    At a listing price of $2.6 million for 1,494 square feet, the property commands a significant premium that may be a deterrent for buyers seeking more interior living space.

  • Limited Living Area

    The modest square footage and 3-bedroom, 2-bathroom configuration may feel restrictive for larger families or those requiring additional dedicated utility spaces.

About 628 Calle Del Oro

Stunning 3-bedroom, 2-bath ocean-view home, fully remodeled and tucked away on a quiet cul-de-sac in the highly coveted Mesa neighborhood. This light-filled residence offers seamless indoor-outdoor living with expansive ocean views, modern finishes, and a thoughtfully designed floor plan. Recent upgrades include a complete renovation with high-end materials, updated kitchen and baths, and refined details throughout. Enjoy privacy, tranquility, and coastal living at its finest—just minutes from beaches, shopping, dining, and Mesa amenities. A rare opportunity to own a turn-key home in one of Santa Barbara's most desirable locations.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1961
Lot Size
13,068 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,4941,645.5
40%
Lot Size13,0688,712
75%
Price$2.60M$2.51M
55%
Price per sq ft$1.7K$1.5K
65%
Built year19611960
53%
HOA$0$0
50%
Days on market24179
3%

Pricing History

Listed for Sale

Feb 11, 2026

$2,600,000

Initial Listing

Sold

Oct 1, 2025

$1,675,000

Public Record

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