635 Ricardo Avenue, SANTA BARBARA, CA 93109, SANTA BARBARA, 93109 - 3 bed, 2 bath
ACTIVE$2,295,000$1,494/sqft
Est. Value: $2,295,000
%
FairlyEstimate
635 Ricardo Avenue, SANTA BARBARA, CA 93109
3Beds
2Baths
1,494Sqft
Lot
Price Vs. Estimate
The estimated value ($2,295,000) is $0 (0%) lower than the list price ($2,295,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 10018, living area = 1494.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-11-10. The sold price is $2,300,000.00.
Compared to the nearby listings
Price:$2.29M vs avg $2.39M ($-92,500)40%
Size:1,494 sqft vs avg 1,625 sqft49%
Price/sqft:$1.5K vs avg $1.2K58%
More Insights
Built in 1961 (65 years old).
Condition: Built in 1961, the property is well-maintained but significantly dated in key areas. The kitchen features older oak cabinets, a dated granite countertop, and white appliances, including a particularly old-style range. Both bathrooms exhibit very outdated fixtures, tile work, vanities, and lighting, suggesting renovations from 15-30+ years ago. While the home is functional and livable, it requires substantial cosmetic and functional updates, especially in the kitchen and bathrooms, to meet modern standards.
Year Built
1961
Close
-
List price
$2.29M
Original List price
-
Price/Sqft
$1,536
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3918
Home ConditionFair
Features
Good View:
Deck
Spa
Patio
View-
About this home
Ocean air. Golden sunsets. Endless potential. Welcome to 635 Ricardo—a 3-bedroom, 2-bath home located on a peaceful hillside in the Mesa, one of Santa Barbara's most sought-after neighborhoods. With nearly 1,500 sq ft of living space on a spacious 10,000 sq ft lot, this property offers a rare blend of comfort, charm, and opportunity. Plantation shutters, an upgraded paver driveway, and warm natural light create a sense of ease the moment you arrive. Whether you're looking to move right in or customize the home to your style, 635 Ricardo offers the perfect starting point—along with captivating ocean views.
R
Roylin Downs
Listing Agent
Price History
Date
Event
Price
03/01/96
Sold
$330,000
08/11/94
Sold
$319,000
11/10/25
Sold
$2,300,000
Condition Rating
Fair
Built in 1961, the property is well-maintained but significantly dated in key areas. The kitchen features older oak cabinets, a dated granite countertop, and white appliances, including a particularly old-style range. Both bathrooms exhibit very outdated fixtures, tile work, vanities, and lighting, suggesting renovations from 15-30+ years ago. While the home is functional and livable, it requires substantial cosmetic and functional updates, especially in the kitchen and bathrooms, to meet modern standards.
Pros & Cons
Pros
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 = 10018, living area = 1494.
Prime Location: Located in 'The Mesa,' one of Santa Barbara's most sought-after neighborhoods, on a peaceful hillside, offering desirability and prestige.
Captivating Ocean Views: The property offers captivating ocean views, a highly desirable and value-adding feature in the Santa Barbara market.
Generous Lot Size: A spacious 10,000 sq ft lot provides ample outdoor space, privacy, and potential for landscaping or future expansion.
Customization Potential: Described as having 'endless potential' and a 'perfect starting point,' appealing to buyers looking to personalize and add significant value to the home.
Charming Aesthetic Features: Includes desirable features such as plantation shutters and an upgraded paver driveway, enhancing curb appeal and interior comfort.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-11-10. The sold price is $2,300,000.00.
Age of Construction: Built in 1961, the property may require significant updates to major systems (e.g., plumbing, electrical, HVAC) and interior finishes to meet modern standards and buyer expectations.
Modest Living Space: With 1,494 sq ft, the living area might be considered modest for a 3-bedroom home on a 10,000 sq ft lot in a desirable Santa Barbara neighborhood, potentially limiting appeal for buyers seeking larger homes.
Potential for Renovation Costs: While offering 'endless potential,' this also implies that substantial investment may be required for customization or modernization beyond cosmetic updates, which could be a barrier for some buyers.