
Santa Barbara, CA 93103
This Stunning Architectural Residence is listed at $3,100,000, reflecting a stable market position relative to its $3,082,498 Fair Market Value. Featuring a Condition Rating of 2, the home offers a turnkey lifestyle with a custom kitchen, modern HVAC, and an earthquake-engineered foundation. The property highlights include sweeping ocean and island views and a detached bonus room perfect for a home office. This meticulously maintained Lower Riviera property provides a rare blend of historical integrity and modern comfort, making it an ideal acquisition for discerning homeowners or luxury lifestyle seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 878 Paseo Ferrelo Subject | $3,100,000* List Price | 2 | 2 | 1,277 | $2,450 | - |
A 1322 E Cota Street Active | $2,780,000 List Price | 3 | 2 | 1,606 | $1,731 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
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.
Now offered at an exceptional new price! Among the enduring works of renowned Santa Barbara architect Alex D'Alfonso, 878 Paseo Ferrelo stands as a beautifully preserved 1929 home that continues to reflect his timeless architectural vision. Set on one of the Lower Riviera's most desirable lanes, the home honors its original character while embracing the comforts of modern living. Enchanting wooden gates open to a whimsical secret garden, where a stone fountain, stately king palm, and mature plantings create a stunning arrival.Inside, sweeping ocean and island views, natural light, and D'Alfonso's signature windows and doors blur the line between indoors and out. Two beautifully appointed bedrooms and baths offer comfort and privacy. A custom kitchen, featuring a Bosch range and Sub-Zero refrigerator blends craftsmanship with everyday function. Newly installed central HVAC, Rinnai tankless water heater, copper gutters and downspouts, and the earthquake engineered foundation reflect the homeowners' thoughtful stewardship. A heated and cooled detached bonus room with decorative Walker Zanger tile offers exceptional flexibility as a home office, art studio, or fitness area. This remarkable home reflects the kind of residence - we can only imagine - its architect envisioned: crafted with care, lovingly maintained, and filled with the kind of charm that simply cannot be manufactured. Complete maintenance records are available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.6 |
| Baths | 2.0 | 3.3 |
| Square foot | 1,277 | 2,905.353 |
| Lot Size | 5,663 | 21,805.412 |
| Price | $3.10M | $4.86M |
| Price per sq ft | $2.4K | $1.7K |
| Built year | 1925 | 1958 |
| HOA | $0 | $3.2K |
| Days on market | 70 | 84 |
Jul 29, 2026
$3,100,000
$3,379,000
-8% Price Drop
Initial Listing
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