509 Coronel PL Active Save Request In-Person Tour Request Virtual Tour
Santa Barbara,CA 93101
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 862 sqft
Price per Sqft $1,740
MLS Listing ID V1-24680
Bedrooms 2
Full Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1881
Lot Size 7,405 Sqft
Lot Dimensions Public Records
Property Sub-Type Single Family Residence
Property Description
In conclusion, 509 Coronel Place represents an extraordinary real estate opportunity in Santa Barbara, offering a combination of immediate usability, strong income potential, and significant development possibilities. The existing 2-bedroom, 1-bathroom California cottage provides a move-in-ready option for an owner-user while offering ample room for expansion and redevelopment. The R-4 zoning designation allows for high-density residential construction, making this an attractive option for investors seeking to build multi-unit housing in a city with high demand and limited supply. Whether the goal is to develop a small apartment complex, luxury townhomes, or a mixed-use property, the possibilities for maximizing this property's value are vast. With Santa Barbara's real estate market continuing to thrive, now is the perfect time to invest in a property with such unique potential. 509 Coronel Place offers the rare combination of a prime location, flexible development options, and strong appreciation potential, making it one of the best investment opportunities available in Santa Barbara today. Whether for personal use, rental income, or large-scale development, this property stands out as a top-tier investment that will continue to increase in value over time, providing both financial rewards and the opportunity to contribute to Santa Barbara's evolving housing landscape.
Location
State CA
County Santa Barbara
Area Vc81 - Santa Barbara
Zoning R-4
Rooms
Other Rooms Outbuilding,Workshop
Main Level Bedrooms 2
Interior
Interior Features Ceiling Fan(s),Separate/Formal Dining Room,Laminate Counters,Open Floorplan,Unfurnished,All Bedrooms Down,Bedroom on Main Level,Galley Kitchen,Main Level Primary,Walk-In Closet(s)
Heating Central,Forced Air,Natural Gas
Cooling None
Flooring Vinyl,Wood
Fireplaces Type None
Inclusions None
Fireplace No
Appliance Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Water To Refrigerator,Water Heater
Laundry Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room
Exterior
Exterior Feature Barbecue
Parking Features Door-Single,Garage,Off Street,Other,Paved
Garage Spaces 1.0
Garage Description 1.0
Fence Average Condition,Cross Fenced,Good Condition,Wood
Pool None
Community Features Curbs,Storm Drain(s),Street Lights,Sidewalks
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected,Overhead Utilities
View Y/N No
View None
Roof Type Composition
Accessibility Grab Bars,Parking,Accessible Approach with Ramp
Porch Rear Porch,Front Porch,Open,Patio,Porch,Wood
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre,Back Yard,Front Yard,Garden,Near Public Transit,Rectangular Lot,Sprinklers None,Street Level,Value In Land,Walkstreet,Yard
Dwelling Type House
Story 1
Entry Level One
Foundation Pillar/Post/Pier,Raised
Sewer Public Sewer
Water Public
Architectural Style Cottage,Craftsman,Ranch,Patio Home
Level or Stories One
Additional Building Outbuilding,Workshop
Construction Status Updated/Remodeled
Schools
Elementary Schools Call Agent
Middle Schools Call Agent
High Schools Call Agent
Others
Senior Community No
Tax ID 037180012
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=CNPc4dqtRK8