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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$1,389,000$925/sqft
Est. Value: $1,481,164
6%
BelowEstimate
834 W Valerio Street, SANTA BARBARA, CA 93101
4Beds
2Baths
925Sqft
5,662.8Lot

Price Vs. Estimate

The estimated value ($1,481,163.875) is $92,163.875 (6%) higher than the list price ($1,389,000). This property may be underpriced.

Key pros and cons

Top Pros:
Flexible Living & Income Potential: The property includes a detached one-bedroom, one-bathroom casita, offering excellent flexibility for guests, extended family, or potential rental income.
Top Cons:
Extensive Renovation Required: The property is explicitly marketed as a 'fixer' and 'ready for updates,' indicating a need for significant investment and modernization throughout the main residence.

Compared to the nearby listings

Price:$1.39M vs avg $1.40M ($-9,000)48%
Size:925 sqft vs avg 937.5 sqft50%
Price/sqft:$1.5K vs avg $89376%

More Insights

Built in 1926 (100 years old).
Condition: Built in 1926, this property is explicitly marketed as a 'fixer' and 'ready for updates,' indicating a need for substantial repairs and rehabilitation. While it has some minor updates like dual-pane windows and new interior paint, the main house's kitchen and bathroom are significantly outdated in style and function, likely requiring full renovation. The main house lacks modern heating/cooling systems, and the overall condition of major components suggests they are well past their expected lifespan and require significant investment to modernize.
Year Built
1926
Close
-
List price
$1.39M
Original List price
-
Price/Sqft
$1,502
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4305
Home ConditionPoor
Features
Good View:
Patio
View-

About this home

One family has cared for this home for the past 100 years. 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 1926, this property is explicitly marketed as a 'fixer' and 'ready for updates,' indicating a need for substantial repairs and rehabilitation. While it has some minor updates like dual-pane windows and new interior paint, the main house's kitchen and bathroom are significantly outdated in style and function, likely requiring full renovation. The main house lacks modern heating/cooling systems, and the overall condition of major components suggests they are well past their expected lifespan and require significant investment to modernize.
Pros & Cons

Pros

Flexible Living & Income Potential: The property includes a detached one-bedroom, one-bathroom casita, offering excellent flexibility for guests, extended family, or potential rental income.
Desirable Westside Santa Barbara Location: Situated on the sought-after Westside, providing convenient access to parks, schools, and shopping, further enhanced by recent community street improvements.
Significant Value-Add Opportunity: Described as a 'fixer' with 'timeless charm and endless potential,' this property presents a rare opportunity for buyers to customize and substantially increase its value.
Expansive Corner Lot with Development Potential: A spacious corner lot featuring mature landscaping, fruit trees, and the verified possibility of adding an additional ADU, offering future expansion or income generation.
Historic Architectural Character: A classic 1926 Spanish-style home, maintained by one family for a century, offering unique historical charm and a rare market presence.

Cons

Extensive Renovation Required: The property is explicitly marketed as a 'fixer' and 'ready for updates,' indicating a need for significant investment and modernization throughout the main residence.
Limited Main Home Bathroom Count: The main home features only one bathroom for three bedrooms, which may be a functional limitation for families or multiple occupants.
Compact Main Home Footprint: With the main home at 925 sqft, it offers a relatively small living space for a three-bedroom residence, potentially limiting comfort or future expansion within the existing structure.
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