
Santa Barbara, CA 93109
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $789,000—positioned well below the $808,871 Fair Market Value by 2%. This valuation gap offers $19,871 in Instant Equity for the buyer. Featuring a recently remodeled interior, soaring wood-beamed ceilings, and peek-a-boo ocean views, the property maintains a Mint Condition Rating. With access to two pools, a hot tub, and a sauna, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a serene, high-end Mesa lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 856 Highland Drive 4 Subject 1 bd · 1 ba · 871 sqft · $929 | $789,000* List Price | 1 | 1 | 871 | $929 | - |
A 1031 Miramonte Drive 2 Sold 2 bd · 2 ba · 1,080 sqft · $903 · 0.2 mi | $975,000 | 2 | 2 | 1,080 | $903 | 0.2 mi |
B 984 Miramonte Drive 4 Pending 2 bd · 2 ba · 1,104 sqft · $859 · 0.1 mi | $948,700 List Price | 2 | 2 | 1,104 | $859 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the property has been recently remodeled with high-end finishes including quartz countertops, stainless appliances, and a spa-like walk-in shower. The interior shows mint condition with modern flooring and soaring wood-beamed ceilings, qualifying it as a recent renovation under 5 years old.
Situated in the highly sought-after Mesa neighborhood, this end-unit offers exceptional privacy and serene views of the Honda Valley preserve with peek-a-boo ocean glimpses.
The interior features soaring wood-beamed ceilings and a high-end recent remodel including quartz countertops and a spa-like shower, complemented by a versatile, sunlit loft space.
Residents enjoy access to premium complex features including two pools, a hot tub, a sauna, and a clubhouse, significantly enhancing the property's lifestyle value.
With only one dedicated bedroom, the property may have restricted appeal for growing families or buyers requiring multiple private sleeping quarters.
The $526 monthly association fee represents a substantial recurring carrying cost that may impact the overall affordability and debt-to-income ratio for some buyers.
Location and Style! Live atop the Mesa in a light-filled, creative space with soaring wood-beamed ceilings. This recently remodeled end-unit offers one bedroom, one bathroom, a stylish loft, and a balcony with peek-a-boo ocean views. The sunlit bedroom features a walk-in closet, while the bathroom boasts a spacious, walk-in, spa-like shower. The versatile loft is partially open to the living room below and includes an operating skylight, perfect for a home office, art studio, or cozy retreat. Quartz countertops, a subway tile backsplash, and stainless appliances give the kitchen a sleek, contemporary feel. The sun-drenched, expansive living room flows seamlessly onto the balcony overlooking the Honda Valley preserve, offering treetop and peek ocean views. A private, semi-enclosed carport beneath the unit provides ample storage. Enjoy privacy, peace, and tranquility in one of the best locations in the Highlands community-set back from the main road and perched above the inviting trails of the Honda Valley preserve. Just minutes from downtown, the beach, and all the Mesa's favorite restaurants and shops, this home combines convenience with serenity. The complex amenities include two pools, a hot tub, sauna, and a clubhouse perfect for private gatherings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 871 | 1,467 |
| Lot Size | - | 1,962 |
| Price | $789.0K | $3.00M |
| Price per sq ft | $906 | $1.8K |
| Built year | 1973 | 1979 |
| HOA | $526 | $1.4K |
| Days on market | 37 | 23 |
Sep 17, 2026
$789,000
Initial Listing
May 11, 2022
$850,000
Public Record
Dec 30, 2014
$450,000
Public Record
Dec 21, 2011
$299,500
Public Record
Nov 20, 1998
$183,000
Public Record