1315 Virginia Rd Santa Barbara, CA 93108
Estimated payment $27,583/month
About This Home
Perfectly positioned in Montecito's sought-after Lower Village, 1315 Virginia Road places you just moments from the best of coastal living. Just a 5-minute walk to the iconic Coral Casino and Butterfly Beach, the property also sits within easy reach of the renowned restaurants and shops on Coast Village Road. Set on a single lot, the property features two beautifully maintained, single-level residences, each offering 2 bedrooms and 1 bathroom. Thoughtfully arranged as separate living spaces, the homes provide flexibility for a variety of uses, whether as a primary residence with guest accommodations or a dual-living setup. Both homes are turnkey, in excellent condition and are currently operating as successful short-term rentals, presenting a rare opportunity for immediate income generation in one of Southern California's most desirable coastal communities. Whether you're seeking a flexible investment, a vacation retreat, or a primary residence with additional living space, 1315 Virginia Road captures the essence of Montecito's beachside lifestyle in an unbeatable Lower Village location.
Home Details
Home Type
- Single Family
Lot Details
- 9,147 Sq Ft Lot
- Property is zoned R-2
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 009-311-016
- 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 | $6,525 | $419,899 | $251,944 | $167,955 |
| 2023 | $6,525 | $403,595 | $242,161 | $161,434 |
| 2022 | $6,381 | $395,682 | $237,413 | $158,269 |
| 2021 | $6,291 | $387,924 | $232,758 | $155,166 |
| 2020 | $6,249 | $383,947 | $230,372 | $153,575 |
| 2019 | $5,820 | $346,305 | $225,855 | $120,450 |
| 2018 | $4,569 | $225,103 | $143,923 | $81,180 |
| 2017 | $5,841 | $361,804 | $217,086 | $144,718 |
| 2016 | $5,625 | $354,711 | $212,830 | $141,881 |
| 2014 | $5,227 | $342,541 | $205,528 | $137,013 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2026 04/14/26 | For Sale | $5,100,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title | |
| Grant Deed | -- | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $317,500 | No Value Available | |
| Previous Owner | $188,500 | No Value Available | |
| Previous Owner | $200,000 | No Value Available |
Source: Santa Barbara Multiple Listing Service
MLS Number: 26-1191
APN: 009-311-016
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