947 Palermo Drive, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 4 bed, 3 bath

947 Palermo Drive
SANTA BARBARA, CA 93105
Property Price
SUMMARY
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1959, the property has undergone a comprehensive, high-end renovation within the last few years, meeting the criteria for 'excellent' condition. The home features a brand-new kitchen with premium stainless steel appliances and marble countertops, completely updated bathrooms, new wide-plank flooring, and modern light fixtures throughout. Additionally, the listing confirms significant infrastructure upgrades to the HVAC, electrical, and plumbing systems, ensuring no deferred maintenance and a turnkey experience.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovation
The home has been substantially remodeled with high-end finishes, including a new kitchen, modern bathrooms, and updated flooring, offering a move-in-ready experience.
- Flexible Floor Plan
With three bedrooms on the main level and a private upstairs en suite, the layout accommodates multi-generational living, a home office, or a secluded primary retreat.
- Indoor-Outdoor Integration
Vaulted ceilings and folding glass doors create a seamless transition to the expansive dining patio and newly landscaped yard, perfect for the Santa Barbara lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Modest Lot Size
At approximately 7,405 square feet, the lot size is relatively compact for the $3M+ price point, which may limit extensive outdoor expansion or privacy.
- 1950s Footprint
Despite the modern renovation, the home’s 1959 origins may result in smaller secondary bedroom dimensions compared to contemporary custom builds.
About 947 Palermo Drive
Set within Santa Barbara's peaceful Hidden Valley neighborhood, this beautifully renovated home offers a rare blend of turnkey ease, flexible living, and prime proximity to nature and the coast. Substantially remodeled with new flooring, a new kitchen, new bathrooms, updated HVAC, electrical, plumbing, and more, the stylish residence features a versatile floor plan with three bedrooms on the main level, a dedicated office, and a private upstairs en suite guest bedroom that also readily serves as a serene primary retreat. With nearly ±2,500 square feet of living space, the home's layout is easily adaptable to a variety of lifestyles. Inside, the home is light and bright, with every room both functional and inviting. Vaulted ceilings in the living and dining areas create an open, airy ambiance, complemented by a cozy fireplace and folding glass doors that open to the outdoor patio. The brand-new kitchen features high-end appliances and a breakfast bar, well-equipped for both everyday living and special gatherings. Spacious bedrooms on the main level allow for effortless single-level living, while the comfortably separated upstairs bedroom suite offers a luxurious bath, walk-in closet, and a private balcony overlooking the backyard. A dedicated laundry area on the main level and an attached two-car garage complete the home's convenient floor plan. Outside, new landscaping, a vibrant lawn, and an expansive dining patio create the perfect setting for entertaining or enjoying quiet moments at home. Located just steps from Palermo green space, the Las Positas bike path, Hendry's Beach, and more, this home offers a seamless connection to Santa Barbara's amenities and its coveted outdoor lifestyle. Don't miss out on an exceptional opportunity to enjoy comfort, flexibility, and location in this attractive offering!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 7,405.2 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,494 | 1,967 | 75% |
| Lot Size | 7,405.2 | 10,018.8 | 34% |
| Price | $3.19M | $2.19M | 81% |
| Price per sq ft | $1.3K | $1.1K | 74% |
| Built year | 1959 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 192 | 12% |
Pricing History
Listed for Sale
Jan 22, 2026
$3,195,000
$3,495,000
-9% Price Drop
Initial Listing
Price Change
Jan 5, 2026
$3,495,000
Initial Listing
Sold
Dec 21, 2021
$1,760,000
Public Record




























