
GOLETA, CA 93117
This Versatile Coastal Property is a Strong Value Opportunity, listed at $1,649,000—positioned below the $1,658,227 Fair Market Value by 1%. This valuation gap offers $9,227 in Instant Equity. Featuring a Condition Rating of 4, the home boasts mountain views and vaulted wood-beam ceilings, while the detached garage provides significant ADU Potential. Located near UCSB and coastal surf breaks, it captures high rental demand. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6877 Fortuna Road Subject | $1,595,000* List Price | 0 | 0 | 1,409 | $1,163 | - |
A 925 Camino Lindo Sold | $1,675,000 | 0 | 0 | 1,419 | $1,180 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1958 home that has received recent cosmetic updates, including fresh interior paint, refinished original hardwood floors, and updated bathrooms. However, the kitchen remains significantly outdated with older wood cabinetry, tile countertops, and basic appliances. While the home is move-in ready and features desirable elements like vaulted wood-beam ceilings, the overall style and key components like the kitchen and fireplace reflect the property's age rather than a full modern renovation.
Situated just blocks from popular surf breaks and directly across from a peaceful open preserve, the property offers a highly desirable lifestyle with scenic mountain views.
With a detached garage and space for a potential ADU, this property is perfectly positioned to capitalize on the high rental demand from the nearby UCSB and Isla Vista markets.
Recent improvements, including refinished original hardwood floors, updated bathrooms, and fresh paint, allow for immediate occupancy or rental without the need for major initial renovations.
At a list price of $1.649M for approximately 1,407 square feet, the property carries a high price-to-size ratio that may challenge buyers looking for more interior living space.
The property's location near the vibrant Isla Vista rental market may result in increased neighborhood activity and noise, which could be a drawback for those seeking a quiet, traditional residential setting.
Located just a few blocks from one of Goleta's most popular surf breaks and directly across from a peaceful open preserve with mountain views, 6877 Fortuna Road presents a rare opportunity to own a versatile coastal property with strong rental potential. The home offers 3 bedrooms and 3 bathrooms across approximately 1,407 square feet, featuring vaulted ceilings, two living areas, and an abundance of natural light. Recent improvements include refinished original hardwood floors, updated bathrooms, and fresh paint. Set on a generous lot, the property also includes a detached garage and space with potential for an ADU (buyer to verify)--creating additional long-term income opportunities. With its proximity to UCSB, the beach, and the vibrant Isla Vista rental market, this property is ideal for investors seeking steady rental demand, appreciation potential, or a hybrid owner-occupant/investment strategy. Whether you're expanding a portfolio or securing a coastal asset in a highly desirable location, 6877 Fortuna offers both flexibility and upside. Homes in this location rarely come along. A great investment or a home to call your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,409 | 1,252.5 | 50% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $1.59M | $2.38M | 13% |
| Price per sq ft | $1.1K | $778 | 50% |
| Built year | 1958 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 194 | 13% |
Apr 10, 2026
$1,595,000
$1,649,000
-3% Price Drop
Initial Listing
Mar 13, 2026
$1,649,000
Initial Listing