
SANTA BARBARA, CA 93103
This Italian-style duplex represents a High-Potential Investment Opportunity, listed at $2,298,000—positioned above the $2,066,081 Fair Market Value. While the property carries a premium, its Versatile Income Potential—featuring a studio and dual-street access—provides a unique Asset for long-term growth. With a Condition Rating of 4, the home is move-in ready but offers significant upside through modernization of the kitchen and studio. Boasting Riviera Views and an Attached 2-Car Garage, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand Santa Barbara location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 936 N Nopal Street A & B Subject | $2,198,000* List Price | 0 | 0 | 1,387 | $1,439 | - |
A 124 Citrus Avenue Active | $1,740,000 List Price | 0 | 0 | 1,456 | $1,195 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1920, the property shows signs of a renovation likely completed 20-25 years ago. While the home is well-maintained and move-in ready, the kitchen and studio areas are dated, featuring older oak cabinetry, tile countertops, and fluorescent lighting that require modernization to meet current market standards.
This Italian-style duplex includes a spacious studio and private entrances from two different streets, offering excellent flexibility for multi-generational living or high-yield rental income in a high-demand market.
Situated on a unique corner lot near Downtown Santa Barbara and the vibrant Funk Zone, the property combines urban convenience with scenic Riviera views and a lush, private garden setting.
Rare for the area, the property features an attached two-car garage plus additional off-street parking, alongside elegant interior details like fireplaces, built-in bookcases, and a dedicated sunroom office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1387, other record living area = 2509.
At a list price of $2,298,000 for 1,387 square feet, the property carries a significant premium valuation that may challenge buyers looking for more interior living space at this price point.
Built in 1920, the property may require ongoing maintenance or modern upgrades to its historical systems to meet contemporary efficiency and building standards.
Villa Nopal. Italian Style Duplex with Spacious Studio in a Lovely Garden Setting. A Unique Corner Lot Offering Private Entrances from Two Different Streets. Upper Residence Offers Elegant Living, Ample Wall Space for Art, Fireplace & Built in Bookcases. Spacious Kitchen Opens to a Wonderful Dining Area Surrounded by Well Placed Windows with Natural Light & Delightful Vistas. The Private Patio has Beautiful Riviera Views. There is also a Private Gated Sitting area in the Lower Garden. Main Floor Residence has a Spacious Inviting Floor Plan, Open Living Areas with Fireplace & Front Patio Garden Area for A Fresco Dining. This Special Property has Great Off-Street Parking & an Attached 2 Car Garage. Located Close to Downtown & the Vibrant Funk Zone
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,387 | - |
| Lot Size | 5,227 | - |
| Price | $2.20M | $2.13M |
| Price per sq ft | $1.6K | $813 |
| Built year | 1920 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 47 |
Jul 13, 2026
$2,198,000
$2,298,000
-4% Price Drop
Initial Listing
Jun 16, 2026
$2,298,000
Initial Listing