509 Coronel Place 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 $1,622
MLS Listing ID V1-24680
Style Cottage,Craftsman,Ranch
Bedrooms 2
Full Baths 1
Year Built 1881
Lot Size 7,405 Sqft
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
Interior
Interior Features Ceiling Fan(s),Copper Plumbing Full,Formica Counters,Laminate Counters,Open Floorplan,Unfurnished,Kitchen Open to Family Room,Remodeled Kitchen
Heating Central,Forced Air
Cooling None
Flooring Vinyl,Wood
Fireplaces Type None
Inclusions None
Laundry Gas & Electric Dryer Hookup,Individual Room,Inside
Exterior
Exterior Feature Barbeque Private
Garage Spaces 1.0
Pool None
Community Features Curbs,Sidewalks,Storm Drains,Street Lights
Utilities Available Sewer Connected,Water Connected,Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected
View Y/N No
View None
Building
Lot Description Front Yard,Garden,Level with Street,Lot 6500-9999,Near Public Transit,Patio Home,Rectangular Lot,Utilities - Overhead,Value In Land,Walkstreet,Yard,Sprinklers None,2-5 Units/Acre,Back Yard
Sewer Public Sewer
Schools
Elementary Schools Call Agent
Middle Schools Call Agent
High Schools Call Agent
Others
Virtual Tour https://my.matterport.com/show/?m=CNPc4dqtRK8