Investment - Homes for Sale in Santa Barbara, CA

Prime Downtown Santa Barbara 6-Unit Investment Property!Originally built in the 1920s, this charming two-story building blends classic character with modern appeal, boasting approximately 4,870 sqft of living space across its 6 units. The building is fully occupied and includes two one-bedroom, one-bath units and four studio apartments with current rents at $10,585 per month. Sitting on a

Sean McIver Compass

Nestled at the base of Santa Barbara's famed Lower Riviera, this exceptional investment opportunity consists of six freestanding homes across two adjacent parcels at 1107 and 1111 E Cota Street, located just minutes from DowntownSanta Barbara, the Santa Barbara County Bowl, the Funk Zone, a wide variety of shopping, and Santa Barbara's white sand beaches. The offering includes six 3BD/2BA

Francois DeJohn Hayes Commercial Group

Santa Barbara opportunity. Situated on an approximately 7,419 sq. ft. R-MH-zoned lot, this vacant 3-bedroom plus Office, 2-bath offers flexibility for renovation, continued residential use, investment, or long-term ownership. Wide gated frontage and an open yard area create added utility for owner-users, contractors, investors, or developers seeking future-use potential. Just minutes from

Mike Long Keller Williams Realty Santa Barbara

Welcome to ''Villa Bellatorre,'' a beautifully remodeled Montecito estate where old-world romance, modern luxury, and effortless indoor-outdoor living come together in a private canyon setting. Through private gates, across a custom bridge, and up a secluded drive, this rare Montecito sanctuary feels transported from the European countryside. Set on approximately 1.06 lush acres in one of the

Jason Streatfeild Douglas Elliman of California, Inc.

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

Tony Miller Compass

Peaceful & serene Montecito pied-à-terre tucked beneath a canopy of mature trees. This luxe newly rebuilt 2-bedroom, 1-bath offers an earthy & refined feel. The great room is anchored by soft-toned Calcutta Viola stone counters & high-end appliances, complemented by arched doorways, waxed plaster walls, stone fireplace, pitched beam ceilings, & bi-folding doors. A finished one-car garage &

Marsha Kotlyar Estate Group Berkshire Hathaway HomeServices California Properties

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

Christos Celmayster Hayes Commercial Group

Nestled behind mature palm trees and a manicured green lawn, this quintessential West Mesa cottage presents a rare opportunity to acquire a charming coastal residence in one of Santa Barbara's most sought-after neighborhoods. Combining classic character with meaningful upside potential, the property is ideally suited for long-term value in a premier coastal market.The residence features 3

Joel Butera Berkshire Hathaway HomeServices California Properties

An exceptional investment opportunity across from the beach in Santa Barbara's coveted waterfront district. This mixed-use property features the renowned Toma Restaurant & Bar—one of the city's most celebrated dining destinations—and a charming single-family residenceoffering flexible use or rental income. Situated directly along Cabrillo Boulevard with stunning ocean views, this property

Nolan Tooley Hayes Commercial Group

Two fully detached, private residences, ideal for long term investment, multi generational living, or living in one while generating meaningful rental income from the other. Move-in ready, New roof. Each home offers 3-bedrooms and 2-baths along with its own fenced outdoor space, patio, laundry, spacious two car garage, and generous off-street parking, creating a setting that feels more like

Patrice Serrani Compass

Rare opportunity in Santa Barbara's Westside. This 1915-built 4BD/2BA home sits on a sizable ~6,534 sq ft lot and offers exceptional potential for investors, builders, or owner-users looking to create value.The home features multiple living spaces, a flexible floor plan, and abundant potential for customization, expansion, or investment. The spacious lot presents opportunities for outdoor

Mike Cowans Century 21 Masters

Rare West Beach investment opportunity just blocks from the ocean! Nestled in one of Santa Barbara's most coveted locations, this premier four-unit property places residents steps from the shoreline, Stearns Wharf, the Funk Zone, and the vibrant energy of lower State Street--the absolute heart of Santa Barbara coastal living. Featuring four charming units, the property enjoys enduring rental

Nate Briner Savant Estates

Prime opportunity for the savvy developer/investor to take advantage of the new flexible Adaptive Re-Use ordinance and favorable R-M zoning, to re-purpose inside the walls of a classic historic building into apartments or condominiums. As one of Santa Barbara's most treasured and unique properties, in an A++ location where downtown transitions to the Upper East and directly across from Alick Keck

Ken Switzer Berkshire Hathaway HomeServices California Properties

Located in the heart of Montecito, this timeless estate masterfully blends old-world craftsmanship with refined California luxury. Designed by acclaimed architect Jon Sorrell, in the tradition of George Washington Smith's iconic Spanish Colonial Revival style, the residence was completed in 2009 with extraordinary attention to detail, scale, and authenticity throughout.Approached by a

Rachael Douglas Berkshire Hathaway HomeServices California Properties

A rare spacious 3bd/2ba end unit (NO STAIRS) that combines privacy, lots of natural light. Lives more like a house than a condo inside. Located within the Peabody School attendance area, this well laid out unit offers comfort and convenience set quietly on a peaceful street in Santa Barbara's coveted San Roque neighborhood. Step inside and you'll feel the openness: The living room is bright and

Patrice Serrani Compass

Rare offering of this timeless Colonial-style duplex in a prime location--just one property off State Street. With over 3,000 square feet of living space, the property presents a wealth of possibilities: live in one unit and rent the other, create an ideal setup for multigenerational living, or rent both units for strong income potential. The expansive 3-car garage offers additional

Stephanie Young Berkshire Hathaway HomeServices California Properties

Prime Santa Barbara 4-Unit Multifamily Investment Opportunity This well-maintained 4-unit multifamily property is ideally located just off Turnpike Road, offering quick access to the US 101 Freeway and only minutes from downtown Santa Barbara. Its central location places residents near retail shopping, restaurants, parks, and just a short walk from San Marcos High School — ensuring a strong and

Joel Butera Berkshire Hathaway HomeServices California Properties

208 S. Voluntario St. is a quintessential California cottage offering a prime investment opportunity on Santa Barbara's desirable Eastside, just moments from the beach, Downtown, and the vibrant Funk Zone. The property features three units with an ideal unit mix of (1) 2BD/1BA, (1) 1BD/1BA, and (1) studio, well suited for both investors and owner-users. Completely remodeled throughout, the units

Steve Golis Radius Group Commercial R.E.