127 Gray Ave, Santa Barbara, CA 93101
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Property image
OFF MARKET

127 Gray Ave
Santa Barbara, CA 93101

Lower State
  • 4 Beds
  • 2.5 Baths
  • 1,901 sqft

$2,547,700

Trulia Estimate
as of Jul 27, 2026
Est. Refi. Payment $15,418/mo*
Refinance Your Home

$2,547,700

Trulia Estimate
as of Jul 27, 2026
Est. Refi. Payment $15,418/mo*
Refinance Your Home
4 Beds
2.5 Baths
1,901 sqft

Local Information

  • Map ViewExplore the area around 127 Gray Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
2000
Living Area
1,901 sqft
Price/Sqft
$1,340

About this House

Chic four bedroom/ two & one half bath 'Funk-Zone' modern, situated in one of Santa Barbara's most enviable locations. Nestled behind steel gates, boasting an accommodating, versatile and open floor plan . Gourmet kitchen with stainless appliances combines with living area, complete with fireplace, polished concrete flooring, elevated ceilings and built-in home theater/ A/V system. Second story master suite offers dual closets, gas fireplace and ensuite bath; with stunning views of the Santa Ynez Mountain range. Three additional bedrooms allow for ample guests with flexibility in layout and use.
127 Gray Ave, Santa Barbara, CA 93101 is a 4 bedroom, 3 bathroom, 1,901 sqft condo in Lower State, built in 2000. It last sold for $1,800,000 on Sep 5, 2018. More recently, it was listed as a rental in February 2017 with an asking price of $5,000 per month. That rental listing was removed on March 26, 2017. It is currently off market. The Trulia Estimate is $2,547,700, with a rent estimate of $6,972/month.

Home Details for 127 Gray Ave

Interior Features

Heating & Cooling
Heating: OtherHeating Fuel: Other
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Other

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: StuccoPatio

Property Information

Year Built
Year Built: 2000Year Updated: 2000
Property Type / Style
Property Type: CondoArchitecture: Contemporary

Community

Units in Building: 1

Lot Information

Lot Area: 929 sqft

Price History for 127 Gray Ave

DatePriceEventSource
09/05/2018$1,800,000Sold
SBMLS #18-1758
07/31/2018$1,895,000PendingAgent Provided
06/26/2018$1,895,000PendingToActiveAgent Provided
05/21/2018$1,895,000PendingAgent Provided
05/16/2018$1,895,000Listed For SaleAgent Provided
03/26/2017$5,000ListingRemovedN/A
02/26/2017$5,000Listed For RentAgent Provided
12/06/2014$1,720,000ListingRemovedAgent Provided
09/08/2014$1,720,000PriceChange
Agent Provided
07/24/2014$1,795,000Listed For SaleAgent Provided

Market trends in Santa Barbara

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.88M
$80KMoM
Sale-to-List Price
98.6%
0.5%MoM
Price per sq ft
$1.15K
$42MoM
Available listings
220
5MoM
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Property Tax and Assessment

Year2025
Tax$21,138
Assessment$2,007,930
Home facts updated by county records

Comparable Sales for 127 Gray Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
208 Santa Barbara St #A, Santa Barbara, CA
0.10
Condo
$1,510,000
10/15/25
2
2
1,550
218 Santa Barbara St #D, Santa Barbara, CA
0.16
Condo
$1,350,000
06/17/26
2
2.5
1,954
575 E Montecito St, Santa Barbara, CA
0.44
Condo
$1,255,000
11/19/25
3
2.5
1,669
218 Santa Barbara St #B, Santa Barbara, CA
0.16
Condo
$1,240,000
07/24/26
2
2.5
1,696
618 Anacapa St #5, Santa Barbara, CA
0.47
Condo
$2,750,000
03/20/26
3
3.5
2,659
401 Chapala St #221, Santa Barbara, CA
0.35
Condo
$2,050,000
11/05/25
2
2
2,498
401 Chapala St #206, Santa Barbara, CA
0.36
Condo
$1,795,000
01/21/26
1
2
1,352
415 W Gutierrez St #11, Santa Barbara, CA
0.58
Condo
$925,000
03/31/26
3
2
1,265
929 Laguna St #C, Santa Barbara, CA
0.83
Condo
$2,150,000
11/14/25
3
3
1,907
571 E Montecito St, Santa Barbara, CA
0.45
Condo
$661,400
04/13/26
2
2.5
1,519

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Assigned Schools

These are the assigned schools for 127 Gray Ave.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Lower State
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Neighborhood stats provided by third party data sources.

What Locals Say about Lower State

  • Trulia User
    "The atmosphere and the people. Very friendly and welcoming. Everything needed is near by. I recommend everyone I know to look into living there."
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  • Allviemart119
    "public transit. easy to get around multiple stops around the county and areas as Lompoc and Ventura County."
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  • Allviemart119
    "alot of business and alot of people the neighborhood is upscale and good for new familes looking for a nice area."
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Homes for sale near 127 Gray Ave

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Off Market Homes Near 127 Gray Ave

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