922 Roble Lane, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 3 bed, 3 bath
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SANTA BARBARA, CA 93103
This Coastal Residential Property is a High-Potential Investment Opportunity, listed at $2,999,000—positioned well below the $2,934,776 Fair Market Value by -2%. While the home maintains a Condition Rating of 4, its Panoramic Views of the harbor and coastline provide significant long-term value. The layout features a dedicated office and proximity to the sought-after Roosevelt Elementary School, balancing lifestyle appeal with renovation potential. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to modernize a prime Santa Barbara asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 922 Roble Lane Subject | $2,875,000* List Price | 3 | 3 | 2,547 | $1,118 | - |
A 849 Alameda Padre Serra Pending | $2,795,000 List Price | 3 | 2 | 2,569 | $1,088 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the home is well-maintained but interior finishes are dated. The kitchen features older tile countertops and cabinetry styles typical of a 20+ year old renovation, and the bathrooms show vintage fixtures and wallpaper. While move-in ready and structurally sound, it requires cosmetic updates to meet modern luxury standards.
The property boasts rare, unobstructed views of the Santa Barbara harbor, coastline, and Channel Islands from nearly every room, epitomizing the 'American Riviera' lifestyle.
Situated on a coveted street backing to open space, the home offers exceptional privacy while being located within the highly sought-after Roosevelt Elementary School district.
Featuring vaulted ceilings, custom millwork, and a dedicated office, the 2,547 sqft layout combines timeless elegance with functional spaces for modern living.
Built in 1978, the property may require updates to mechanical systems or cosmetic modernizations to meet the expectations of buyers seeking contemporary luxury standards.
With three bedrooms plus an office but only 2.5 bathrooms, the home may feel underserved for larger families or guests compared to newer luxury residences in this price point.
Perched above Santa Barbara on the Riviera, 922 Roble Lane captures breathtaking panoramic views spanning the city, harbor, ocean, and Channel Islands, yet close enough to walk downtown and to the Riviera Theatre. This beautifully 3-bedroom plus office, 2.5-bath residence offers approximately 2,547 square feet of light-filled living space with vaulted ceilings, hardwood floors, expansive view windows, and seamless indoor-outdoor living. A dedicated office, inviting fireplace, and spacious entertaining areas complement the home's exceptional setting. Tucked away above the street, the property offers a sense of privacy and retreat, rewarding residents with some of the most spectacular vistas on the Riviera. A rare opportunity to enjoy elevated living, dramatic scenery, and quintessential Santa Barbara beauty.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,547 | 2,428 | 57% |
| Lot Size | 8,276 | 10,454.4 | 43% |
| Price | $2.88M | $2.88M | 50% |
| Price per sq ft | $1.1K | $1.6K | 38% |
| Built year | 1978 | 1929 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 220 | 5% |
May 28, 2026
$2,875,000
$2,999,000
-4% Price Drop
Initial Listing
May 11, 2026
$2,999,000
Initial Listing
Dec 22, 2020
$2,150,000
Public Record