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$ 2,800,000
Est. payment | /mo
6,098 Sqft Lot
$ 2,800,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision 05 - Summerland
MLS Listing ID 26-1008
Year Built 1973
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 6098.4
Source Santa Barbara Multiple Listing Service
Property Description
Ocean View four-unit property in the heart of Summerland, CA featuring unobstructed ocean and Channel Island views from every single unit. The crown jewel of this property is the sprawling upstairs 2-bedroom, 2-bathroom Penthouse, which boasts a massive 800+ sq. ft. private sun deck--the ultimate venue for sunset entertaining. Designed for the discerning owner-user or high-yield investor, the property also includes two additional 2-bedroom 1.5-bath units with private view decks and a chic 1-bedroom studio. This asset has been meticulously maintained with a decade of premium upgrades, including a durable new Hardie board exterior (2020), high-efficiency Navien hot water and boiler systems (2021), new roofing (2016), modernized interior remodel with designer kitchens, luxury flooring (2019-2020), installed a murphy bed, cabinetry and sofa in unit 3 (2022), rebuilt balconies and stairs (2025-2026), and new asphalt driveways (2026) Whether you're seeking a serene coastal retreat with significant rental income or a turnkey vacation rental portfolio, this rare Summerland gem offers an unrivaled blend of sophisticated lifestyle and structural integrity.
Location
State CA
County Santa Barbara
Community 05 - Summerland
Interior
Heating Other
Laundry Laundry Room, Some
Exterior
Parking Features Garage, Carport, Attached
Garage Spaces 2.0
Total Parking Spaces 2
Building
Foundation Mixed
New Construction No
Others
Tax ID 005-144-005
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Berkshire Hathaway HomeServices California Properties
Schools and Properties Nearby
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