878 Paseo Ferrelo, Santa Barbara, CA 93103, Santa Barbara, 93103 - 2 bed, 2 bath
Loading property details...
Santa Barbara, CA 93103
Analysis of 878 Paseo Ferrelo, Santa Barbara, CA 93103 is currently available with a list price of $3,379,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Barbara Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1929, the property has undergone a high-end comprehensive renovation featuring a custom kitchen with Bosch and Sub-Zero appliances, modern marble and penny tile bathrooms, and significant system upgrades including central HVAC, a tankless water heater, and a replaced earthquake-engineered foundation.
Designed by renowned architect Alex D'Alfonso in 1929, this home offers rare historical craftsmanship and integrity, blending classic Santa Barbara charm with meticulously preserved original details.
The property features significant modern enhancements including an earthquake-engineered foundation, copper gutters, central HVAC, and a high-end kitchen equipped with Sub-Zero and Bosch appliances.
Situated on a desirable Lower Riviera street, the home provides sweeping ocean and island views while remaining moments away from downtown Santa Barbara, the SB Bowl, and local beaches.
At a list price of $3,379,000 for 1,277 square feet, the property commands a substantial premium that may be difficult to justify for buyers prioritizing interior volume over historical significance.
The two-bedroom layout and modest 5,663 square foot lot may restrict the property's appeal for growing families or those requiring more extensive outdoor space and privacy.
Preserved with uncommon integrity... Built in 1929 by famed Santa Barbara architect Alex D'Alfonso, 878 PASEO FERRELO is a rare example of the craftsmanship that helped shape the city's architectural heritage. Set behind a walled garden on one of the Lower Riviera's most desirable streets, the home honors its original character while embracing the comforts of modern living - just moments from downtown, the Santa Barbara Bowl, and area beaches. Arrival is an experience in itself. Enchanting wooden gates open to a garden that feels like a secret - a stone fountain, a stately king palm, and mature plantings that hint at the whimsy and care woven throughout the property. Step inside and the feeling deepens. Natural light, sweeping ocean and island views, and D'Alfonso's signature windows and doors blur the line between inside and out. The home settles around you with the quiet confidence of a place that has been genuinely loved. The custom kitchen pairs timeless design with everyday function - Bosch range, Sub-Zero refrigerator, thoughtful detail at every turn. Two bedrooms and two beautifully appointed baths offer comfort and privacy: the primary with soaking tub and separate shower; the secondary finished in marble, penny tile, and inviting shiplap. Dual closets, a dedicated laundry room, generous storage, and central HVAC complete the picture. An additional - heated and cooled - detached room with Walker Zanger tile flooring adds exceptional flexibility - an ideal home office, art studio, or gym. Nearly a century on, 878 Paseo Ferrelo endures as we can only imagine its architect intended: crafted with care, tended with pride, and full of the kind of charm that cannot be manufactured. Complete maintenance records available upon request. FEATURES: Ocean & Island views | Central heating & air conditioning | Bosch range & Sub-Zero refrigerator | Soaking tub & separate shower | Heated bathroom floor | Detached additional room, heated & cooled | Replaced foundation with earthquake engineering | Copper gutters & downspouts | Rinnai tankless water heater | Pergola | Gas grill & fire pit | Goldfish pond & fountain | Mature landscaping | Fully fenced
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,277 | - |
| Lot Size | 5,663 | - |
| Price | $3.38M | $2.43M |
| Price per sq ft | $2.6K | $1.3K |
| Built year | 1925 | 0 |
| HOA | $0 | $0 |
| Days on market | 21 | 60 |
Jul 1, 2026
$3,379,000
Initial Listing
Apr 20, 2018
$1,660,000
Public Record
Jan 8, 2015
$1,250,000
Public Record
May 14, 2010
$1,170,000
Public Record