509 Coronel PL Active

Santa Barbara,CA 93101

$ 1399000

2 Beds

1 Bath

862 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 862 sqft

Price per Sqft $1,622

MLS Listing ID CRV1-24680

Style Cottage,Craftsman,Ranch

Bedrooms 2

Full Baths 1

Originating Board California Regional MLS

Year Built 1881

Property Sub-Type Single Family Home

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 financ

Location

State CA

County Santa Barbara

Area Vc81 - Santa Barbara

Zoning R-4

Rooms

Family Room Other

Dining Room Formal Dining Room

Kitchen Other,Oven Range - Gas,Refrigerator,Oven - Gas

Interior

Heating Forced Air,Gas,Central Forced Air

Cooling None

Fireplaces Type None

Laundry In Laundry Room,Other,38

Exterior

Parking Features Garage,Off-Street Parking,Other

Garage Spaces 1.0

Fence Other,Wood,Cross Fenced

Pool 31,None

Utilities Available Other

View None

Roof Type Composition

Building

Lot Description Grade - Level

Story One Story

Foundation Pillars / Posts / Piers,Raised

Water Other,Hot Water,Heater - Gas,District - Public

Architectural Style Cottage,Craftsman,Ranch

Others

Tax ID 037180012

Special Listing Condition Not Applicable

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