947 Cheltenham Road, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 2 bed, 1 bath
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SANTA BARBARA, CA 93105
This Mid-Century Coastal View Residence is listed at $1,550,000, aligning perfectly with its $1,550,000 Fair Market Value. Boasting a Fair Condition Rating, this professionally maintained 1950s home features original wood floors and a south-facing wall of windows showcasing breathtaking Ocean and City Skyline Views. The property’s standout asset is the expansive 10,018 sqft lot, offering significant expansion potential within the Roosevelt Elementary School attendance area. This coastal sanctuary provides a stable entry into a premium market, making it an ideal choice for lifestyle-driven professionals or Owner-Occupants seeking long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 947 Cheltenham Road Subject | $1,550,000* List Price | 2 | 1 | 856 | $1,811 | - |
A 2824 Ventura Drive Sold | $1,365,000 | 2 | 1 | 1,057 | $1,291 | 0.5 mi |
B 402 Paseo Del Descanso Sold | $1,450,000 | 2 | 1 | 811 | $1,788 | 0.4 mi |
C 2865 Verde Vista Drive Active | $1,575,000 List Price | 2 | 1 | 928 | $1,697 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this mid-century home is professionally maintained and features desirable wood flooring and updated fixtures; however, the kitchen is described only as 'functional' and the property retains its original 1950s footprint with a single bathroom. While move-in ready and clean, it lacks the extensive recent renovations required for a 'good' rating, fitting the 'fair' criteria of an aged home that is functional but shows signs of being outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10018, living area = 856.
The property offers sweeping vistas of the Santa Barbara coastline and city landmarks, maximized by a classic mid-century south-facing wall of windows that frames postcard-perfect views.
This professionally maintained 1950s home features timeless wood floors and updated fixtures, successfully blending original architectural charm with modern functionality.
With only 856 square feet of living space and a single bathroom, the home's small footprint may be a significant constraint for buyers at this price point.
The laundry facilities are located within the two-car garage rather than the main living area, which may be viewed as a convenience drawback for premium-market clients.
Ocean View Mission Canyon home with 2 bedrooms, 1 bath, and a 2 car garage, beautifully positioned with sweeping vistas from city landmarks to the coastline. The single level layout features a living room with a south facing wall of windows, a classic mid century design element that floods the space with natural light by day and frames postcard perfect city views at night. The home has been professionally maintained inside and out and includes wood floors, a functional kitchen with a sliding glass door leading to the patio and its expansive views, updated fixtures and a laundry area in the attached 2 car garage. The sunny south facing yard offers a peaceful setting for relaxing, outdoor dining, and stargazing, with pad plus hookups in place for a hot tub.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 1.0 | 3.0 | 7% |
| Square foot | 856 | 2,079 | 5% |
| Lot Size | - | 10,018.8 | 8% |
| Price | $1.55M | $2.11M | 23% |
| Price per sq ft | $1.8K | $1.0K | 94% |
| Built year | 1950 | 1961 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 165 | 195 | 37% |
Feb 21, 2026
$1,550,000
$1,365,000
+14% Price Increase
Initial Listing
Nov 8, 2025
$1,365,000
Initial Listing
Apr 19, 2013
$575,000
Public Record