821 & 823 E  Pedregosa St, Santa Barbara, CA 93103
FOR SALEOPEN SAT, 1-3PM

821 & 823 E Pedregosa St
Santa Barbara, CA 93103

Lower Riviera
  • 7 Beds
  • 6 Baths
  • 2,127 sqft
  • 7 Beds
  • 6 Baths
  • 2,127 sqft

$3,995,000

Original price: $4,195,000
Est. Mortgage $24,965/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Beautiful Riviera view property offers endless possibilities. This property is in a prime location and positioned perfectly as a family compound, short or long term rental opportunities, or a 1031 Exchange investment property. A total of four units gives you the option to live in one and collect income from the other three! Live the Santa Barbara dream at 821 E. Pedregosa - a large Craftsman-style home with stunning city, ocean and island views - while generating income from the three apartments tucked discreetly at the back of the property. 823 E. Pedregosa is a legal triplex - each unit offers a full kitchen, laundry and outdoor space with views. The main house is bathed in natural light and exudes character and charm while offering you the comfort and convenience of modern amenities. There are four bedrooms and three full bathrooms with a bedroom on the main level or an optional home office that has a separate entrance. Upstairs, there are three bedrooms and two baths and a large central playroom (or home office) with doors to an upper deck to relax and enjoy the spectacular city, ocean and island views. The stone fireplace in the living room makes for a cozy setting with another view deck on the main level. The updated kitchen opens to a large trellis deck to grill and dine al fresco while enjoying the lush gardens.

823 E. Pedregosa is a Legal Triplex. Three income producing units are tucked at the rear of the property in a lovely lush setting with views. There are two one bedroom one bathroom units and a studio; each unit has its own water heater and electrical panel.

This home plus three income producing units offers an exciting chance to live on the Santa Barbara Riviera neighboring Orpet Park, the Riviera Theatre, the luxurious El Encanto Hotel and is just a short jaunt to the historic SB Mission and beautiful Rose Garden.

Open House

Saturday, April 27
1:00 PM to 3:00 PM
Sunday, April 28
1:00 PM to 3:00 PM

Home Highlights

Parking
No Info
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
$1,878
Listed
62 days ago

Home Details for 821 & 823 E Pedregosa St

Interior Features

Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 2127 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Dishwasher, Disposal, Dryer, Gas Cooktop, Washer, Water Softener OwnedDishwasherDisposalDryerLaundry: Gas Dryer Hookup,Laundry RoomRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Living RoomHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Laminate, Hardwood, Tile
Levels, Entrance, & Accessibility
Levels: TwoFloors: Laminate, Hardwood, Tile
View
Has a ViewView: Islands, Ocean, City, Harbor

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: DeckFoundation: Raised
Parking & Garage
No GarageNo Attached Garage
Frontage
Road Frontage: Easement

Days on Market

Days on Market: 62

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Craftsman
Building
Construction Materials: Wood Siding
Property Information
Condition: Updated/Remodeled, GoodParcel Number: 025404026

Price & Status

Price
List Price: $3,995,000Price Per Sqft: $1,878

Active Status

MLS Status: Active

Location

Direction & Address
City: SANTA BARBARACommunity: 15 - Riviera/Lower
School Information
Elementary School: RooseveltJr High / Middle School: S.B. Jr.High School: S.B. Sr.

Agent Information

Listing Agent
Listing ID: 24-577

Building

Building Area
Building Area: 3587 Square Feet

Community

Community Features: Sidewalks

Lot Information

Lot Area: 6534 sqft

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-577Water ViewWater View: Islands, Ocean, Harbor

Additional Information

Sidewalks
Last check for updates: about 18 hours ago
Listing courtesy of Julie Barnes 01107109, (805) 683-7392
Village Properties - 1
Source: SBMLS, MLS#24-577
Also Listed on SBMLS.

Price History for 821 & 823 E Pedregosa St

DatePriceEventSource
04/08/2024$3,995,000PriceChange
SBMLS #24-577
03/27/2024$4,195,000PriceChange
SBMLS #24-577
09/05/2023$4,500,000Listed For SaleSBMLS #23-2639

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Sold Date
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0.33
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5
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$3,095,000
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0.04
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$2,125,000
05/04/23
2
3
1,025
0.10
Single-Family Home
$1,925,000
12/20/23
4
4
2,277
0.36
Single-Family Home
$4,250,000
02/01/24
5
5
3,720
0.36
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$6,128,000
08/21/23
5
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4,620

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lower Riviera

  • Trulia User
    "Quiet, clean friendly and safe community. Easy to walk to downtown and close to Santa Barbara bowl. "
    0
    Flag
  • Kathy
    "Easy accessibility to everything. Great walking and views. Very quiet and love watching the sun sets."
    3
    Flag
  • Mike.leazure
    "Residents drive too fast for neighborhood. Friendly people, lots of kids. Pets are plentiful around here. "
    0
    Flag
  • Tracy K.
    "Quiet safe friendly neighborhood close to Santa Barbara bowl and Downtowm. Love it!!!!!!!!!!!!!!!!: )"
    0
    Flag
  • Amy J. B.
    "The lifestyle here is hassle free...laid back & understated yet sophisticated and educated is how I'd describe the populous. Weather is perfect in this intimate sea side community where we have ample outdoor activities and some of the best local produce & restaurants at our fingertips. "
    5
    Flag

LGBTQ Local Legal Protections

Julie Barnes, Village Properties - 1
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
821 & 823 E Pedregosa St, Santa Barbara, CA 93103 is a 7 bedroom, 6 bathroom, 2,127 sqft single-family home built in 1915. 821 & 823 E Pedregosa St is located in Lower Riviera, Santa Barbara. This property is currently available for sale and was listed by SBMLS on Feb 26, 2024. The MLS # for this home is MLS# 24-577.