509 Coronel Place, Santa Barbara, California, 93101
$1,349,500
Single Family / Detached
1 ba
2 bds
862 Sqft
Active
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 financial rewards and the opportunity to contribute to Santa Barbara's evolving housing landscape.
Kitchen Features: Formica Counters,Kitchen Open to Family Room,Remodeled Kitchen,Laminate Counters
Rooms information : Family Room,Main Floor Primary Bedroom,Main Floor Bedroom,Laundry,Kitchen,Galley Kitchen,All Bedrooms Down,Walk-In Closet,Living Room
Electric: Electricity - On Property,Standard
Sewer: Public Sewer
Water Source: Public
Uncovered Spaces: 2.00
# of Garage Spaces: 1.00
# of Parking Spaces: 2.00
Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
Accessibility Features: Grab Bars In Bathroom(s),Ramp - Main Level,Parking
Patio And Porch Features : Porch,Wood,Rear Porch,Patio Open,Front Porch
Lot Features: Back Yard,2-5 Units/Acre,Value In Land,Sprinklers None,Patio Home,Near Public Transit,Lot 6500-9999,Level with Street,Garden,Yard,Walkstreet,Utilities - Overhead,Rectangular Lot,Front Yard
Exterior Features:Barbecue Private
Fencing: Cross Fenced,Average Condition,Good Condition,Wood
Property Condition : Updated/Remodeled
Road Frontage: City Street
Road Surface: Paved
Parcel Identification Number: 037180012
Heating: Has Heating
Heating Type: Central,Natural Gas,Forced Air
Bathroom Features: Remodeled,Bathtub,Shower,Shower in Tub
Architectural Style : Craftsman,Ranch,Cottage
Flooring: Vinyl,Wood
Roof Type: Composition
Construction: Frame,Drywall Walls,Unknown,Natural Building,Lap Siding,Wood Siding,Stucco,Plaster,Glass
Year Built Source: Assessor
Fireplace Features : None
Common Walls: End Unit,No One Below,No One Above
Appliances: Refrigerator,Gas Oven,Water Heater,Gas Water Heater,Gas Range,Water Line to Refrigerator
Laundry Features: Inside,Gas & Electric Dryer Hookup,Individual Room
Eating Area: Dining Room
Laundry: Has Laundry
Inclusions :None
Exclusions:None
Zoning: R-4
MLSAreaMajor: VC81 - Santa Barbara
Other Structures: Outbuilding,Workshop
Street Address: 509 Coronel Place
City: Santa Barbara
State: California
Postal Code: 93101
County: Santa Barbara
MLS Number: V1-24680
Year Built: 1881
Courtesy of Berkshire Hathaway HomeServices California Properties
Courtesy of Village Properties
