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$12,095,000
V1-37788 MLS Active Status
1825 Chapala Street is a 40-unit multifamily property located in the heart of Santa Barbara's highly desirable Oak Park neighborhood. Perfectly situated just blocks from Cottage Hospital, downtown State Street, and a wide array of shopping, dining, and entertainment, the property offers residents unmatched convenience while maintaining a peaceful residential atmosphere. Its central location ensures consistent tenant demand, drawing from major employers, public transit, and the vibrant downtown core. The property is comprised of three well-maintained buildings, each containing junior one-bedroom, one-bath units ranging from approximately 300 to 330 square feet. These efficient layouts feature open bedroom areas without doors, full kitchens, and private bathrooms, with several units offering private patios or fenced yards. Many interiors have been upgraded to modern standards with quartz countertops, new cabinetry, luxury vinyl plank flooring, and newer windows that enhance both comfort and appeal.Significant capital improvements have been completed, including the full replacement of all roofs in 2023 and the complete resurfacing and re-striping of the parking lot in 2025. Residents enjoy ample on-site parking with 35 standard spaces plus one designated handicap space, as well as a central courtyard with a stone table and barbecue, a large laundry facility, and a secure storage room.With strong in-place income and considerable room for rental growth, 1825 Chapala Street presents an exceptional value-add opportunity in one of California's most supply-constrained and consistently high-demand rental markets. The combination of its prime location, desirable unit mix, modern upgrades, and recent major building improvements positions this property for long-term stability and sustained income growth.

1825 Chapala Street, Santa Barbara

$1,425,000
4 Beds 3 Baths FR26159324 MLS Active Status
Welcome to this beautifully maintained Santa Barbara home, where comfort, flexibility, and coastal charm come together. Offering 4 bedrooms plus a versatile flex room that can serve as a fifth bedroom, home office, media room, or playroom. Energy-efficient with Owned Solar. Step inside to discover updated flooring throughout much of the home, multiple living areas, and a light-filled floor plan designed for both comfortable everyday living and effortless entertaining. The kitchen opens to the dining area and main living room. Outside, you’ll find a welcoming front courtyard complete with a pergola. The backyard has ample storage room for additional space. Perfectly situated near shopping, restaurants, parks, top-rated schools, UC Santa Barbara, Goleta, and Santa Barbara’s stunning beaches, this home offers the ideal combination of space, convenience, and location. Whether you’re looking for room to grow, work from home, or simply enjoy the best of the Santa Barbara lifestyle, this exceptional property is ready to welcome you home. Square footage may differ from tax records.

5160 Rhoads, Santa Barbara

$2,100,000
3 Beds 3 Baths P1-27686 MLS Active Status
This romantic Spanish-style home sits behind tall privacy hedges. The home has a romantic feel and contains 3 spacious bedrooms and 2.5 baths in its 2,133 square feet of living space. Stepping inside, you're greeted by a large living room with wood-beamed ceilings, red-tile flooring, a fireplace, and a wall of French doors opening onto the backyard patio and deck. The formal dining room also features red-tile flooring and two walls of French doors. The nicely appointed kitchen offers ample cabinetry, a center island, a breakfast area, and additional French doors to the exterior. On the opposite side of the home, you will find the 3 bedrooms, including a master suite with a fireplace. Completing the home is a powder room, a laundry room, and direct access to the attached two-car garage. The county assessor lists the property as two bedrooms; however, it is physically a three-bedroom home.

6 E Constance Avenue, Santa Barbara

$5,399,000
5 Beds 5 Baths SR25043118 MLS Active Status
Welcome to 3966 Laguna Blanca Drive, a rare opportunity to own a classic Hope Ranch estate that blends timeless Santa Barbara charm with exceptional potential. Privately set on just over an acre of lush, mature landscaping, this Spanish-style residence offers nearly 4,000 square feet of light-filled living space with serene garden and hillside views. Built in 1970, the home combines authentic craftsmanship with the relaxed sophistication that defines Hope Ranch living. Vaulted wood-beamed ceilings, arched openings, and natural light create an inviting sense of warmth and space. The living room features a striking fireplace and opens to the outdoor terrace, while the formal dining room overlooks the pool and gardens. The kitchen and breakfast nook serve as the home’s comfortable hub and offer an ideal opportunity for modernization or full redesign. The residence includes five bedrooms and four and a half baths, thoughtfully designed for privacy and easy flow. The primary suite enjoys vaulted ceilings, a generous en-suite bath, and views of the surrounding landscape. Several guest bedrooms open directly to the outdoors, creating flexibility for multi-generational living, guest quarters, or work-from-home setups. Throughout the interior, original details and quality construction offer a strong foundation for personalization and updates. Outside, the property feels like a private retreat. A sparkling pool and spa are surrounded by patios, shaded sitting areas, and established gardens. The gently sloping lot allows room for potential expansion, such as a guesthouse, ADU, or enhanced outdoor living spaces. A three-car attached garage and broad motor court add convenience and ample parking. In good condition and ready for a new vision, this home provides the perfect canvas—whether refreshed in its current style or transformed into a contemporary showpiece. Hope Ranch offers a rare combination of privacy, prestige, and natural beauty. Residents enjoy 22 miles of equestrian and walking trails, a private beach with lifeguards and kayak storage, tennis courts, and 24-hour neighborhood security—all just minutes from La Cumbre Country Club, downtown Santa Barbara, and the coast. 3966 Laguna Blanca Drive is more than a home—it’s an opportunity to create a lasting estate in one of California’s most exclusive coastal communities, where the timeless beauty of Spanish architecture meets the enduring elegance of Hope Ranch living.

3966 Laguna Blanca Drive, Santa Barbara

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.