
SANTA BARBARA, CA 93101
This Turnkey Downtown Cottage is a move-in ready sanctuary listed at $1,425,000, reflecting the premium value of its rare C-2 zoning and 6,500 sqft development potential. Boasting a Condition Rating of 2, the home features high-end quartz finishes, a 2-car tandem garage, and a private patio with American Riviera views. Proximity to Santa Barbara Senior High and Roosevelt Elementary ensures a high-quality lifestyle near State Street. This property is a premier choice for Owner-Occupants seeking urban luxury or Value-Add Investors looking to maximize high-density land use.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 815 Garden Street Subject | $1,425,000* List Price | 2 | 1 | 936 | $1,356 | - |
A 424 E Arrellaga Street Sold | $1,230,000 | 2 | 1 | 995 | $1,236 | 0.7 mi |
B 424 E Arrellaga Street Sold | $1,230,000 | 2 | 1 | 995 | $1,236 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive and high-quality renovation, making it move-in ready with modern finishes. Key upgrades include a fully remodeled kitchen with quartz countertops and stainless steel appliances, a modernized bathroom with contemporary tiling and fixtures, and new engineered hardwood flooring throughout. Additionally, all major systems—including the roof, electrical, plumbing, and HVAC—have been recently updated, meeting the highest standards for condition and functionality.
Perfectly situated in the heart of Santa Barbara, this property offers exceptional walkability to State Street dining, the Funk Zone, and local beaches.
The C-2 zoning provides a rare and valuable opportunity to build up to 6,500 sqft, offering massive upside for investors or those looking to expand.
The home is move-in ready with comprehensive updates including a new roof, HVAC, plumbing, electrical, and high-end interior finishes like quartz counters and engineered hardwood.
At just 936 square feet on a small 2,178 square foot lot, the property offers very limited interior and exterior space for the price point.
The home features only one bathroom, which may be a significant drawback for families or buyers expecting more convenience in a million-dollar-plus residence.
Welcome to this charming cottage perfectly situated in the heart of downtown Santa Barbara. Upgraded throughout & move-in ready, two-bedroom home w/ engineered hardwood floors, recessed lighting, elegant wall sconces, quartz counters, white cabinetry & stainless-steel appliances. With captivating views of the American Rivera, surrounded by lush landscape creates a serene oasis w/ tranquil backyard & vibrant garden. Updated roof, electrical, plumbing, HVAC w/ nest thermostat & tankless water heater. Plus, laundry room, built-in bbq & 2 car tandem garage w/ extra storage. Blocks from dining & shops on State Street, East & West Beach, Farmers Market, Funk Zone wine tasting & Santa Barbara Bowl. A unique opportunity w/ an option to build on a C-2 Lot, up to 6,500 sqft. Buyer to verify all info
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 7-8 • 0.5 mi
Grades 7-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 936 | 1,213 | 24% |
| Lot Size | 2,178 | 4,791 | 24% |
| Price | $1.43M | $1.43M | 50% |
| Price per sq ft | $1.5K | $1.1K | 78% |
| Built year | 1920 | 1930 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 197 | 2% |
Apr 16, 2026
$1,425,000
Initial Listing
Apr 12, 2013
$450,000
Public Record
Aug 11, 2005
$332,500
Public Record