7039 Del Norte Drive, GOLETA, CA 93117, GOLETA, 93117 - 3 bed, 3 bath
7039 Del Norte Drive
GOLETA, CA 93117
Property Price
SUMMARY
Analysis of 7039 Del Norte Drive, GOLETA, CA 93117 reveals a Fairly Priced Property with a current list price of $1,225,000 aligned with the estimated $1,240,167 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the GOLETA 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7039 Del Norte Drive Subject | $1,225,000* List Price | 3 | 3 | 1,200 | $1,033 | - |
A 7116 Madera Drive Sold | $900,000 | 3 | 2 | 1,125 | $800 | 0.2 mi |
B 7190 Tuolumne Drive Sold | $1,310,000 | 3 | 2 | 1,254 | $1,045 | 0.5 mi |
C 7344 Davenport Road Sold | $1,260,000 | 3 | 2 | 1,074 | $1,173 | 0.7 mi |
D 7195 Tuolumne Drive Sold | $1,155,000 | 4 | 2 | 1,322 | $874 | 0.5 mi |
E 198 Verona Avenue Pending | $1,299,000 List Price | 3 | 2 | 1,499 | $867 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is exceptionally well-maintained with significant high-value infrastructure updates including solar (2019), a newer roof, and a tankless water heater. However, the 1958 original construction remains largely in need of cosmetic modernization in the kitchen and bathrooms to meet contemporary design standards, fitting the criteria for a functional but dated home.
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 = 7405, living area = 1200.
- Income Potential
The property includes a thoughtfully designed studio garage conversion with a full kitchen and bath, providing an excellent opportunity for rental income or multi-generational living.
- Significant Infrastructure Upgrades
The home features several high-value updates including solar panels (2019), a newer roof, gutters, sewer line, and a tankless water heater, reducing immediate maintenance costs for the buyer.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 1578.
- Cosmetic Modernization Needed
While the home is clean and move-in ready, the 1958 construction is noted as being ready for cosmetic updates to bring the interior up to contemporary design standards.
- Lack of Enclosed Parking
The conversion of the garage into a studio unit means the property lacks traditional enclosed garage parking, which may be a drawback for buyers requiring secure vehicle storage.
About 7039 Del Norte Drive
JUST REDUCED FROM 1,295,000 to 1,225,000. Outstanding value with rental income potential, this charming single-level Goleta home. Beyond the white picket fence sits a beautifully maintained 3-bedroom, 1.5-bath home + a thoughtfully designed studio (garage conversion) with full kitchen and bath, totaling 1,578 sq ft. The main home is super clean, move-in ready, and ready for cosmetic updates. Enjoy a welcoming living room with fireplace, a newer roof, gutters, sewer line, tankless water heater, recent drainage improvements, and solar installed in 2019. The south-facing backyard features a covered patio, fruit trees, a storage shed, and natural light. Ideally located near Dos Pueblos High, Glen Annie Golf Course, UCSB, and El Camino shopping and dining - offering an easy Goleta lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 39% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 1,200 | 1,648.5 | 9% |
| Lot Size | 7,405 | 7,622.6 | 46% |
| Price | $1.23M | $1.43M | 28% |
| Price per sq ft | $1.0K | $854 | 71% |
| Built year | 1958 | 1964 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 164 | 5% |
Pricing History
Listed for Sale
Feb 22, 2026
$1,225,000
$1,295,000
-5% Price Drop
Initial Listing
Price Change
Jan 21, 2026
$1,295,000
Initial Listing
Sold
Jan 20, 2010
$600,000
Public Record