118 E Islay St Santa Barbara, CA 93101
Oak Park NeighborhoodEstimated payment $28,899/month
Highlights
- Updated Kitchen
- Deck
- Wood Flooring
- Santa Barbara Senior High School Rated A-
- Property is near a park
- Victorian Architecture
About This Home
Now available for sale is one of Santa Barbara's most iconic and amazing homes, at the beginning of the exclusive Upper East neighborhood just a few blocks to the heart of downtown. This gorgeous Queen Anne Victorian is one of the first grand homes built in this idyllic coastal town - in 1887 by prominent local financier Joseph Howard - and in recent years has been brought back to its full glory in a meticulous and impeccable authentic restoration. You will marvel at the historic details throughout, and the luxurious new conveniences incorporated in the restoration process by renowned historical architect Peter Becker, punctuated by a spectacularly-designed newer kitchen and primary bathroom. The turnkey property includes . . . an almost-new roof, new A/C for upstairs, re-built deck, added structural, outdoor kitchen, new irrigation, private low-maintenance yard areas, several fruit trees, and a carriage house which is now a 2-car garage plus workshop plus loft space above for a potential ADU.
The location is ideal as it gets - at the beginning of Santa Barbara's Upper East neighborhood just 4-5 blocks to downtown's Theatre/Arts districts, with its many fine dining spots, world-class performing arts theaters, museums, boutique retail and parks. The mid-block location on a cross-street is rare for the semi-urban Upper East, providing a low-traffic low-noise refuge compared to much of the area. See vicinity map and floorplan under Documents. Don't miss this fantastic opportunity to purchase a one-of-a-kind gem!
Listing Agent
Berkshire Hathaway HomeServices California Properties License #01245644 Listed on: 01/18/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,301
Year Built
- Built in 1887
Lot Details
- 10,018 Sq Ft Lot
- Fenced
- Level Lot
- Irrigation
- Property is in excellent condition
- Property is zoned E-1
Parking
- Garage
Home Design
- Victorian Architecture
- Raised Foundation
- Composition Roof
- Wood Shingle Exterior
Interior Spaces
- 3,257 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
- Formal Dining Room
- Home Office
- Loft
- Laundry Room
- Property Views
Kitchen
- Updated Kitchen
- Gas Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Remodeled Bathroom
Outdoor Features
- Deck
- Separate Outdoor Workshop
- Built-In Barbecue
Location
- Property is near a park
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
- Water Softener is Owned
Community Details
- 15 Upper Eastside Subdivision
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 027-111-002
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $30,301 | $2,920,215 | $1,682,586 | $1,237,629 |
2023 | $30,301 | $2,806,821 | $1,617,250 | $1,189,571 |
2022 | $29,242 | $2,751,787 | $1,585,540 | $1,166,247 |
2021 | $28,573 | $2,697,831 | $1,554,451 | $1,143,380 |
2020 | $28,279 | $2,670,170 | $1,538,513 | $1,131,657 |
2019 | $27,786 | $2,617,815 | $1,508,347 | $1,109,468 |
2018 | $27,320 | $2,566,486 | $1,478,772 | $1,087,714 |
2017 | $26,416 | $2,516,164 | $1,449,777 | $1,066,387 |
2016 | $25,590 | $2,451,828 | $1,421,350 | $1,030,478 |
2014 | $20,205 | $1,922,153 | $1,181,482 | $740,671 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/18/2025 01/18/25 | For Sale | $4,950,000 | +105.0% | $1,520 / Sq Ft |
04/07/2015 04/07/15 | Sold | $2,415,000 | -2.4% | $741 / Sq Ft |
03/15/2015 03/15/15 | Pending | -- | -- | -- |
03/06/2015 03/06/15 | For Sale | $2,475,000 | -- | $760 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $2,415,000 | First American Title Company | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Fidelity National Title Co | |
Grant Deed | -- | Chicago Title Co | |
Interfamily Deed Transfer | -- | American Title Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $500,000 | New Conventional | |
Previous Owner | $250,000 | Credit Line Revolving | |
Previous Owner | $729,750 | New Conventional | |
Previous Owner | $250,000 | Credit Line Revolving | |
Previous Owner | $948,000 | No Value Available | |
Previous Owner | $300,000 | No Value Available | |
Closed | $100,000 | No Value Available |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-272

APN: 027-111-002
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