305 Mesa Ln Unit Residential Income Santa Barbara, CA 93109
West Mesa NeighborhoodEstimated payment $17,229/month
Highlights
- Spa
- RV Access or Parking
- 18 Acre Lot
- San Marcos Senior High School Rated A
- Property is near an ocean
- Deck
About This Home
Exciting Mesa Investment Opportunity near the Beach and Douglas Preserve, one of Santa Barbara's most desirable rental areas. Gated Entry with Main house 4BR/4BA featuring two primary suites (one on entry level). Plus, private guest quarters w/3BR/1BA, kitchenette/wet bar. Rent entire property to one tenant, explore JADU potential, or consult planner about SB9 to create Duplex. Large 2-car garage for excellent ADU idea. Strong rental demand - ideal for a 1031 exchange, Or owner-user wanting income to cover your payments. Rare blend of indoor/outdoor living, character and coastal lifestyle. Flexible layout for home offices, media and exercise rooms. Full kitchen with island plus a second kitchenette, offering excellent long-term income potential. See Floor Plans. Plus, Spa, Gazebo & Solar. Updates: Recently updated with new flooring, paint, refreshed landscaping, lawn, and an impressive driveway approach. Move-in ready. Additional highlights: separate freestanding office, ample outdoor areas, flower garden with white roses, deck, gazebo, fenced yard, lots of off-street parking, and solar. Generous square footage with long-term upside - preserve its charm, add your vision, or pursue future ADUs/SB9 possibilities. Enjoy nearby beaches, Elings Park, Shoreline Park, and watch for dolphins and whales. A cherished home with a warm, Cape Cod feel, providing an exceptional Mesa experience. Ideal rental location: Great area for exercising, bicycling, and exploring. Pet Friendly property with fenced backyard for dogs. Close to the Restaurants, Schools, Shopping, Lazy Acres, Cottage Hospital, with quick access to the Santa Barbara Harbor, Downtown, the SB Airport, and the 101 Fwy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,557
Year Built
- Built in 1975
Lot Details
- 18 Acre Lot
- Back Yard Fenced
- Partial Sprinkler System
- Property is in good condition
Parking
- 2 Car Detached Garage
- 5 Open Parking Spaces
- RV Access or Parking
Home Design
- Raised Foundation
- Slab Foundation
Interior Spaces
- 3,028 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Fireplace
Kitchen
- Built-In Oven
- Stove
- Disposal
Flooring
- Wood
- Tile
- Vinyl Plank
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Video Cameras
- Fire and Smoke Detector
Eco-Friendly Details
- Solar Heating System
Outdoor Features
- Spa
- Property is near an ocean
- Deck
Location
- Property is near a park
- Property is near public transit
- Property near a hospital
- Property is near schools
- Property is near shops
- Property is near a bus stop
Schools
- Monroe Elementary School
- Lacumbre Middle School
- San Marcos High School
Utilities
- Forced Air Heating System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 041-292-026
- Seller Considering Concessions
Community Details
Overview
- 2 Units
- 20 Mesa Subdivision
Pet Policy
- Pets Allowed
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 | $4,557 | $435,369 | $35,972 | $399,397 |
| 2023 | $4,557 | $418,465 | $34,576 | $383,889 |
| 2022 | $4,396 | $410,261 | $33,899 | $376,362 |
| 2021 | $4,294 | $402,218 | $33,235 | $368,983 |
| 2020 | $4,249 | $398,095 | $32,895 | $365,200 |
| 2019 | $4,175 | $390,315 | $32,250 | $358,065 |
| 2018 | $4,116 | $382,663 | $31,618 | $351,045 |
| 2017 | $3,980 | $375,161 | $30,999 | $344,162 |
| 2016 | $3,956 | $367,806 | $30,392 | $337,414 |
| 2014 | $3,851 | $355,186 | $29,350 | $325,836 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/28/2025 11/28/25 | For Sale | $3,200,000 | 0.0% | $1,057 / Sq Ft |
| 11/27/2025 11/27/25 | Off Market | $3,200,000 | -- | -- |
| 11/23/2025 11/23/25 | For Sale | $3,200,000 | -- | $1,057 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $590,000 | Negative Amortization | |
| Closed | $240,000 | No Value Available |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-4236
APN: 041-292-026
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