511 Drexel Dr, Santa Barbara, CA 93103
Property image
Property image
OFF MARKET

$3,274,400

Trulia Estimate
as of Sep 7, 2026
  • 4 Beds
  • 6 Baths
  • 2,702 sqft

511 Drexel Dr, Santa Barbara, CA 93103

Riviera

Home Highlights

Single-Family Home
2,702 sqft
$1,212/sqft

Local Information

  • Map ViewExplore the area around 511 Drexel Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

FURNISHED RENTAL - AVAILABLE FEB 1: Nestled above the iconic red tile roofs and sweeping coastline of Santa Barbara, this sublime vacation destination occupies a prime perch on the American Riviera. The main floor offers a master suite with a full bathroom, a second bedroom suite with a day bed with twin trundle, and en suite bathroom. The exceptionally well-equipped kitchen is thoughtfully outfitted with distinctive appliances. Captivating ocean views define the expansive main terrace by day, and the twinkling lights of the city below, by night. The downstairs functions beautifully as a second residence or as an extension of the main floor, with two bedrooms, three bathrooms, two family/media rooms, kitchenette, music room, laundry, and spa on the deck. Rates may vary by seaso
511 Drexel Dr, Santa Barbara, CA 93103 is a 4 bedroom, 8 bathroom, 2,702 sqft single-family home in Riviera. It last sold for $2,320,000 on May 31, 2017 (17,884% above the $12,900 asking price). More recently, it was listed as a rental in July 2024 with an asking price of $12,900 per month. That rental listing was removed on January 30, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $3,274,400, with a rent estimate of $7,818/month.

Home Details for 511 Drexel Dr

Interior Features

Heating & Cooling
Heating: FireplaceHeating Fuel: Fireplace
Appliances & Utilities
DishwasherDryerRefrigeratorWasher
Fireplace & Spa
FireplaceHot Tub or Spa
Levels, Entrance, & Accessibility
Floors: Tile

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Spanish

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Exterior Features

Exterior Home Features
Lawn

Comparable Sales for 511 Drexel Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.07
Single-Family Home
$3,175,000
08/18/26
3
4
2,310 sqft
0.15
Single-Family Home
$2,425,000
06/18/26
3
2.5
2,345 sqft
0.15
Single-Family Home
$2,425,000
06/18/26
3
3
2,345 sqft
0.23
Single-Family Home
$3,075,000
12/11/25
5
5
3,525 sqft
0.23
Single-Family Home
$3,075,000
12/11/25
5
4.5
3,525 sqft
0.32
Single-Family Home
$2,725,000
09/17/25
4
3
2,660 sqft
0.09
Single-Family Home
$3,249,000
10/28/25
3
2.5
1,913 sqft
0.36
Single-Family Home
$3,990,000
12/02/25
5
4
3,027 sqft
0.05
Single-Family Home
$2,130,875
12/03/25
2
1.5
1,297 sqft
0.30
Single-Family Home
$5,350,000
05/19/26
4
4
3,027 sqft

Nearby homes

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Rental Market Trends in Riviera

Last updated Sep 2026
Trulia Rent Estimate$7,818/mo
Average rent
$12K
$1.55K
MoM
Available listings
12
View rental market trends in Santa Barbara, CA

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Riviera

At least 24 Trulia users voted on each feature.
  • 86 % Say it's dog friendly

  • 86 % Say parking is easy

  • 80 % Say people would walk alone at night

  • 80 % Say it's quiet

  • 79 % Say car is needed

  • 68 % Say yards are well-kept

  • 67 % Say neighbors are friendly

  • 67 % Say there's wildlife

  • 60 % Say they plan to stay for at least 5 years

  • 58 % Say there's holiday spirit

  • 43 % Say there are community events

  • 42 % Say there are sidewalks

  • 33 % Say kids play outside

  • 25 % Say streets are well-lit

  • 16 % Say it's walkable to restaurants

  • 13 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • ken
    "We don’t really have any community events in the neighborhood. We have had a couple of invitations to join parties in the area."
  • Leonandgray
    "There are parks and tons of exercise opportunities. However some are steep and, not for everyone plus no sidewalks. A careless driver ( or someone using the windy roads as a racetrack) and a dog getting out of the yard in this neighborhood could be a disaster. "
  • Mike A.
    "long but not too bad. takes a "long" 8 minutes or so to get downtown. takes about 12 minutes or so to get to the freeway. "

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Jan 30, 2025
Source: SBMLS #24-2411
ListingRemoved
$12,900
Nov 22, 2024
Source: SBMLS #24-2411
PriceChange
$12,900
Price increased by 30%
Sep 14, 2024
Source: SBMLS #24-2411
PriceChange
$9,900
Price decreased by 23%
Jul 22, 2024
Source: SBMLS #24-2411
Listed For Rent
$12,900
Dec 8, 2023
Source: SBMLS #23-2396
ListingRemoved

Frequently asked questions about 511 Drexel Dr

  • What is 511 Drexel Dr estimated to be worth?
    Trulia's estimated value for 511 Drexel Dr in Santa Barbara, CA is $3,274,400.
  • What is the price history for 511 Drexel Dr?
    511 Drexel Dr in Santa Barbara, CA last sold for $2,320,000 in May 2017.
  • Is Santa Barbara a buyer's or seller's market?
    Santa Barbara is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Santa Barbara?
    The median sale price in Santa Barbara is $1.77M. That is down $107K from the prior month.
  • Does 511 Drexel Dr have laundry facilities?
    Yes, 511 Drexel Dr in Santa Barbara, CA has in-unit laundry.

Homes for rent near 511 Drexel Dr

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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