1018 Garden ST Street, Santa Barbara, CA 93101
1018 Garden ST Street, Santa Barbara, CA 93101
1018 Garden ST Street, Santa Barbara, CA 93101
1018 Garden ST Street, Santa Barbara, CA 93101
1018 Garden ST Street, Santa Barbara, CA 93101
1018 Garden ST Street, Santa Barbara, CA 93101
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$ 7,600,000
Est. payment | /mo

4,101 SqFt

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$ 7,600,000
Est. payment | /mo
Save

4,101 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,101 sqft

Price per Sqft $1,853

Subdivision 15 Or 20 - Downtown

MLS Listing ID 26-1585

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 9583.0

Source Santa Barbara Multiple Listing Service

Property Description

An exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from State Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone, the property offers both immediate income and long-term strategic upside. Casa Jardin was designed and has been operated as a staffless and keyless hotel similar to your typical Short Term Rental property making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Additionally, each room is approved as a separate condominium, allowing for the potential to sell units individually and unlock additional future value. The asset has undergone a comprehensive rebuild within the past three years, including all new building systems, and features thoughtfully designed interiors with a clean, modern aesthetic. Each unit is pet-friendly, fully furnished, and outfitted with high-quality finishes, top-tier appliances, and amenities tailored to both short- and extended-stay guests. Operations are seamlessly handled by ZenStay, a proven hospitality operator providing full-service management--from dynamic pricing and reservations to guest services, housekeeping, and maintenance. Their platform ensures institutional-quality oversight with transparent financial reporting, allowing for a truly passive ownership experience. Casa Jardin represents a rare blend of income, lifestyle, and future optionality in one of California's most supply constrained coastal markets.

Location

State CA

County Santa Barbara

Community 15 Or 20 - Downtown

Interior

Heating Forced Air

Cooling Central Air

Laundry Some

Exterior

Accessibility Customized Wheelchair Accessible, Accessible Approach with Ramp, Wide Doors, Bathroom Fixtures, Other

Building

Lot Description Near Public Transit

New Construction No

Others

Tax ID 029-221-033

Acceptable Financing Cash

Listing Terms Cash

Listed by Hayes Commercial Group

Schools and Properties Nearby

Ryan Gleason

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+1(805) 857-9275

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1018 Garden ST Street