551 E  Montecito St, Santa Barbara, CA 93103
Property image
Property image
OFF MARKET

551 E Montecito St
Santa Barbara, CA 93103

Lower East
  • 2 Beds
  • 2 Baths
  • 1,100 sqft

$873,900

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $5,255/mo*

$873,900

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $5,255/mo*
2 Beds
2 Baths
1,100 sqft

Home Value

Trulia Estimate
$874K
Since last month
Decreased$18K (-2%)
Since last year
Decreased$54K (-5.8%)
Since last sale
Increased$241K (+37.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +37% in the last 10 years
MonthEstimated value
2026
August 2026$876K
July 2026$890K
June 2026$894K
May 2026$914K
April 2026$903K
March 2026$959K
February 2026$924K
January 2026$925K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Condo
$531,500
09/17/25
2
2
1,031
0.02
Condo
$661,400
04/13/26
2
2.5
1,519
0.03
Condo
$1,255,000
11/19/25
3
2.5
1,669
0.37
Condo
$1,510,000
10/15/25
2
2
1,550
0.32
Condo
$1,240,000
07/24/26
2
2.5
1,696
0.32
Condo
$1,350,000
06/17/26
2
2.5
1,954
1.18
Condo
$617,000
10/15/25
2
2
1,221
1.18
Condo
$625,000
04/10/26
2
2
1,259
0.66
Condo
$1,800,000
07/29/26
1
2
1,138
0.98
Condo
$925,000
03/31/26
3
2
1,265

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$1,255,000
3
2.5
1,669
Recently Sold
0.02
$661,400
2
2.5
1,519
Recently Sold
0.20
$3,305,000
6
6
4,487
Recently Sold
0.30
$1,300,000
2
2.5
1,954
Recently Sold
0.32
$1,350,000
2
2.5
1,954
Recently Sold
0.27
$1,230,000
5
3
1,823
Recently Sold
0.32
$1,240,000
2
2.5
1,696
Recently Sold
0.33
$2,365,300
2
2.5
1,954
Off Market
0.33
$1,810,000
2
2.5
1,696
Off Market
0.33
$2,336,200
2
2.5
1,696
Off Market
0.34
$1,792,400
2
2.5
1,696
Off Market
0.28
$975,400
3
1
1,158
Off Market

Local Information

  • Map ViewExplore the area around 551 E Montecito St.
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Home Highlights

Property Type
Condo
Year Built
2011
Living Area
1,100 sqft
Price/Sqft
$794

About this House

This condo is located at 551 E Montecito St, Santa Barbara, CA. 551 E Montecito St is in the Lower East neighborhood in Santa Barbara, CA and in ZIP code 93103. This property has 2 bedrooms, 2 bathrooms and approximately 1,100 sqft of floor space. This property has a lot size of 496 sqft and was built in 2011.
551 E Montecito St, Santa Barbara, CA 93103 is a 2 bedroom, 2 bathroom, 1,100 sqft condo in Lower East, built in 2011. It last sold for $635,000 on Jun 16, 2016. It is currently off market. The Trulia Estimate is $873,900, with a rent estimate of $4,764/month.

Home Details for 551 E Montecito St

Property Information

Year Built
Year Built: 2011Year Updated: 2011
Property Type / Style
Property Type: Condo

Lot Information

Lot Area: 496 sqft

Price and Tax history

DateEventPrice
Jun 16, 2016
Source: SBMLS #16-2029
Sold
$635,000
Oct 28, 2011
Source: N/A
Sold
$380,000

Market trends in Santa Barbara

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.77M
$107K
MoM
Sale-to-List Price
98.7%
0.1%
MoM
Price per sq ft
$1.18K
$21
MoM
Available listings
231
11
MoM
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Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Lower East

At least 7 Trulia users voted on each feature.
  • 100 % Say there are sidewalks

  • 90 % Say it's dog friendly

  • 89 % Say it's walkable to restaurants

  • 75 % Say streets are well-lit

  • 73 % Say it's walkable to grocery stores

  • 69 % Say yards are well-kept

  • 67 % Say people would walk alone at night

  • 64 % Say they plan to stay for at least 5 years

  • 64 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 56 % Say parking is easy

  • 56 % Say car is needed

  • 31 % Say kids play outside

  • 17 % Say there are community events

  • 14 % Say it's quiet

  • 11 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Oaguirre1971
    "Good sidewalks friendly people good night lighting no crime that we know of stores nearby restaurants "
  • YOGI26
    "Good area to live in. Restaurants, stores, public transportation 1 block away. Church 1 block down. Beach is 1.5 miles . freeway .75 miles "

LGBTQ Local Legal Protections

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Homes for sale near 551 E Montecito St

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Off Market Homes Near 551 E Montecito St

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Frequently asked questions about 551 E Montecito St

  • What is 551 E Montecito St estimated to be worth?
    Trulia's estimated value for 551 E Montecito St in Santa Barbara, CA is $873,900.
  • What is the price history for 551 E Montecito St?
    551 E Montecito St in Santa Barbara, CA last sold for $635,000 in June 2016.
  • 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.