
SANTA BARBARA, CA 93111
This Spacious Coastal Townhome is a Strong Value Opportunity, listed at $1,495,000—positioned well below the $1,626,710 Fair Market Value by 8%. This valuation gap provides $131,710 in Instant Equity for the incoming buyer. Featuring a Move-in Ready Condition Rating, the home boasts an updated kitchen, skylights, and a versatile downstairs office. Residents enjoy resort-style amenities including a pool, tennis courts, and a unique on-site orchard. This offering is ideal for Owner-Occupants seeking a turnkey lifestyle or Value-Driven Buyers looking to secure immediate equity in Santa Barbara.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 777 Avenida Pequena Subject | $1,495,000* List Price | 4 | 3 | 1,951 | $769 | - |
A 556 Noel Court Sold | $1,540,000 | 2 | 3 | 1,650 | $933 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a thoughtfully updated kitchen with an eat-in area, modern skylights, and well-maintained living spaces. While the structure dates back to 1972, the interior has been updated to provide a contemporary feel with no immediate renovations required, fitting the criteria for a well-maintained home with functional major systems and updated components.
Cathedral Oaks Village offers an exceptional lifestyle package including a pool, clubhouse, tennis and pickleball courts, a dedicated dog run, and a unique on-site avocado and citrus orchard for residents.
As a spacious end unit, this home provides enhanced privacy, a wrap-around outdoor living area, and superior natural light through well-placed skylights and large windows.
The nearly 2,000-square-foot interior features a functional downstairs bedroom ideal for a home office, an updated kitchen with an eat-in area, and a serene primary retreat.
The monthly HOA fee of $1,150 is significantly high, which may impact buyer affordability and overall monthly carrying costs compared to other area townhomes.
The property relies on assigned carport spaces rather than a private enclosed garage, which may be a disadvantage for buyers seeking extra security or enclosed storage space.
Discover warmth and charm at 777 Avenida Pequeña, a spacious 4-bedroom, 2.5-bath coastal Santa Barbara-style townhome perfectly situated as an end unit in the coveted Cathedral Oaks Village community. Surrounded by greenery, the home's wrap-around outdoor space invites relaxation, entertaining, and moments in the sun — with two convenient storage rooms for all your gear. Inside, a thoughtfully updated kitchen with an eat-in area opens to a dining room and a comfortable living room anchored by a cozy fireplace. A versatile downstairs bedroom serves beautifully as a home office, complemented by a convenient half bath. Upstairs, three additional bedrooms include a serene primary retreat, skylights that bathe the space in natural light, and a well-placed laundry closet. Cathedral Oaks Village offers resort-style amenities: a pool, clubhouse, tennis/pickleball courts, dedicated dog run, and boat/RV parking. Woven into the backdrop of peaceful tree-lined grounds is an on-site avocado orchard and citrus trees, accessible to owners. The HOA includes a water allotment and exterior upkeep, making this offering a great lock-and-leave or year-round home. With two assigned carport spaces right out front and ample guest parking, this inviting home blends space, style, and community in one exceptional package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,951 | 1,932 | 51% |
| Lot Size | 3,049.2 | 8,712 | 14% |
| Price | $1.50M | $1.61M | 31% |
| Price per sq ft | $766 | $866 | 31% |
| Built year | 1972 | 1965 | 66% |
| HOA | $1150 | $0 | 98% |
| Days on market | 69 | 173 | 8% |
Feb 27, 2026
$1,495,000
$1,550,000
-4% Price Drop
Initial Listing
Feb 12, 2026
$1,550,000
Initial Listing
Apr 2, 2021
$1,005,000
Public Record
Sep 13, 2013
$701,000
Public Record
Sep 11, 1997
$270,000
Public Record
Jun 28, 1996
$259,000
Public Record