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834 W Valerio Street, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - 4 bed, 2 bath

834 W Valerio Street, SANTA BARBARA, CA 93101 home-pic-0
ACTIVE$1,500,000$988/sqft
Est. Value: $1,483,903
-1%
FairlyEstimate
834 W Valerio Street, SANTA BARBARA, CA 93101
4Beds
2Baths
988Sqft
Lot

Price Vs. Estimate

The estimated value ($1,483,903.48) is $16,096.52 (1%) lower than the list price ($1,500,000). This property may be overpriced.

Key pros and cons

Top Pros:
Rare Market Opportunity: This property is being offered for the first time in over 100 years by the original family, presenting a unique and exclusive opportunity for buyers.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 988, other record living area = 925.

Compared to the nearby listings

Price:$1.50M vs avg $1.40M (+$100,500)57%
Size:988 sqft vs avg 969 sqft50%
Price/sqft:$1.5K vs avg $89376%

More Insights

Built in 1925 (101 years old).
Condition: Built in 1925 and explicitly described as a 'fixer' requiring 'extensive renovation,' the property's main house features a very dated kitchen with old cabinets, laminate countertops, and vinyl flooring, along with an extremely old-fashioned bathroom with original-era tiles and fixtures. While the casita has some newer elements like a mini-split AC and a recently updated bathroom, the main house's core areas require substantial rehabilitation, including likely major system updates (electrical, plumbing) beyond the cosmetic paint and dual-pane windows mentioned.
Year Built
1925
Close
-
List price
$1.5M
Original List price
-
Price/Sqft
$1,518
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3878
Home ConditionPoor
Features
View-

About this home

First time offered in over 100 years by the original family. This west-side Spanish-style fixer sits proudly on a spacious corner lot and offers timeless charm with endless potential. The main home features three bedrooms and one bathroom, a welcoming living room, and a dining area that opens to the kitchen — ideal for everyday living and gatherings. A detached one-bedroom, one-bathroom casita, converted in the mid-1950s, provides excellent flexibility — perfect for guests, extended family, or potential rental income. The expansive lot is graced with mature grapevines, fruit trees, and an additional storage building, offering room to garden, entertain, or even explore the possibility of adding another ADU in the future (buyer to verify). Dual pane windows, newer heat & air in the casita, and all new interior paint. Recently enhanced by the Westside Community Paseos Project, the street now benefits from a landscaped traffic diverter, making the area calmer and peaceful. While the property is ready for updates, opportunities like this are rare. Close to parks, schools, and shopping, this is a truly special chance to restore and re-imagine a classic home that's never before been on the market.

J
Jeff Oien
Listing Agent

Nearby schools

5/10
Harding University Partnership
Public,•K-6•0.1mi
6/10
Adams Elementary School
Public,•K-6•1.2mi
5/10
La Cumbre Junior High School
Public,•7-8•0.6mi
7/10
San Marcos Senior High School
Public,•9-12•4.0mi
Condition Rating
Poor
Built in 1925 and explicitly described as a 'fixer' requiring 'extensive renovation,' the property's main house features a very dated kitchen with old cabinets, laminate countertops, and vinyl flooring, along with an extremely old-fashioned bathroom with original-era tiles and fixtures. While the casita has some newer elements like a mini-split AC and a recently updated bathroom, the main house's core areas require substantial rehabilitation, including likely major system updates (electrical, plumbing) beyond the cosmetic paint and dual-pane windows mentioned.
Pros & Cons

Pros

Rare Market Opportunity: This property is being offered for the first time in over 100 years by the original family, presenting a unique and exclusive opportunity for buyers.
Income & Flexibility Potential: A detached one-bedroom, one-bathroom casita offers excellent flexibility for guests, extended family, or potential rental income, with further potential for an additional ADU on the expansive lot.
Desirable Location & Neighborhood: Located in the sought-after Westside of Santa Barbara, close to parks, schools, and shopping, with recent street enhancements from the Westside Community Paseos Project making the area calmer and peaceful.
Spacious Corner Lot: The property sits on a spacious corner lot, providing ample room for gardening, entertaining, and potential future expansion or development, including the possibility of adding another ADU.
Timeless Architectural Style: The Spanish-style architecture offers timeless charm and character, a highly desirable aesthetic in Santa Barbara, providing a classic foundation for restoration.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 988, other record living area = 925.
Extensive Renovation Required: Described as a 'fixer' and 'ready for updates,' the property requires significant investment and renovation to modernize and restore, which will add substantial costs beyond the purchase price.
Compact Living Space: With a total of 988 sqft for 4 bedrooms and 2 bathrooms (main house + casita), the living spaces are extremely compact, which may not meet the expectations of modern buyers for a property at this price point.
Age-Related System Updates: Built in 1925, the main home likely requires significant updates to its core systems (plumbing, electrical, HVAC) to meet current standards, despite some recent upgrades like dual-pane windows and newer heat/air in the casita.
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