844 Iaiqua Lane, SANTA BARBARA, CA 93110, SANTA BARBARA, 93110 - 4 bed, 3 bath
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SANTA BARBARA, CA 93110
This Spacious Multi-Generational Residence is a High-Potential Investment Opportunity listed at $2,290,000—positioned below the $2,377,727 Fair Market Value by 3%. This valuation provides $87,727 in Instant Equity for buyers. While maintaining a Fair Condition Rating due to dated 1960s styling, the home features a unique Multi-Generational Design with dual ensuites and Cathedral Ceilings. The Large 11,326 Sq Ft Lot includes a Patio and RV parking. It is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking value-add potential in Santa Barbara.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 844 Iaiqua Lane Subject | $2,290,000* List Price | 4 | 3 | 2,548 | $933 | - |
A 830 N Hope Avenue Sold | $1,975,000 | 4 | 3 | 1,812 | $1,090 | 0.7 mi |
B 3706 Lincolnwood Drive Sold | $1,886,000 | 3 | 2 | 1,755 | $1,075 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1963, is well-maintained but shows significant signs of age and dated styling. While the kitchen has been updated with newer stainless steel appliances and the main living areas feature laminate flooring, the oak cabinetry, tile countertops, and bathroom fixtures reflect styles from 15-30 years ago. Additionally, interior photos reveal worn and stained carpeting in the bedrooms and older ceiling fans that require replacement, placing the home in the 'fair' category as it needs minor cosmetic updates and repairs to meet current market expectations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2548.
The unique split layout features two separate living areas, each with its own family room and ensuite, making it perfectly suited for multi-generational living or guest quarters.
With 2,548 square feet of single-level living space and cathedral ceilings, the home offers an airy, accessible, and highly functional floor plan that is rare for this era.
Built in 1963, the home may require further cosmetic updates or full renovations to the kitchen and bathrooms to align with contemporary luxury standards in the Santa Barbara market.
The association fee of $750 is notably high for a single-family residence, which may increase the total monthly carrying costs and impact buyer affordability.
Spacious single-story living with room for everyone! This 4-bedroom, 3-bath home offers 2,548± sq ft and a flexible layout designed for comfort and privacy. The inviting living room opens to the dining area and a generous kitchen featuring a charming bay window, abundant storage, and plenty of space for multiple cooks. Laminate wood flooring runs through much of the home and cathedral ceilings create an open, airy feel. A unique split layout provides two separate living areas on opposite sides of the home--each with its own family room, bedroom, and ensuite--originally designed for mother-in-law quarters and ideal for multi-generational living, guests, or extended family. Outside you'll find RV parking, two storage sheds, and plenty of yard space for gardening or outdoor enjoyment. The home also includes earthquake retrofitting with shear walls for added peace of mind. Although all information is deemed reliable, buyer is to verify said information.
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 | 2,548 | 2,548 | 50% |
| Lot Size | 11,326 | 11,326 | 50% |
| Price | $2.29M | $2.23M | 53% |
| Price per sq ft | $899 | $1.0K | 37% |
| Built year | 1963 | 1967 | 40% |
| HOA | $750 | $100 | 58% |
| Days on market | 39 | 180 | 2% |
Mar 14, 2026
$2,290,000
Initial Listing