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 financial rewards and the opportunity to contribute to santa barbara's evolving housing landscape.
Property Type
ResidentialSubdivision
FallbrookCounty
Santa BarbaraStyle
Cottage,Craftsman,Ranch,Patio HomeAD ID
46384117
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 2
Bathroom Information
- Total Baths: 1
- Full Baths: 1
- Half Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Exterior Property Features : Barbecue
- Interior Features: Ceiling Fan(s),Separate/Formal Dining Room,Laminate Counters,Open Floorplan,Unfurnished,All Bedrooms Down,Bedroom on Main Level,Galley Kitchen,Main Level Primary,Walk-In Closet(s)
- Windows: Blinds,Double Pane Windows
- Property Appliances: Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Water To Refrigerator,Water Heater
- Fireplace: None
- Flooring: Vinyl,Wood
Cooling Features
- None
- Air Conditioning
Heating Source
- Central,Forced Air,Natural Gas
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1881
- Construction: Drywall,Frame,Glass,Lap Siding,Natural Building,Plaster,Stucco,Unknown,Wood Siding,Copper Plumbing
- Roof: Composition
Exterior Features
- Barbecue
Foundation
- Pillar/Post/Pier,Raised
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Accessibility Features
- Grab Bars,Parking,Accessible Approach with Ramp
Pool Features
- None
Laundry Features
- Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room
Patio And Porch
- Rear Porch,Front Porch,Open,Patio,Porch,Wood
Fencing
- Average Condition,Cross Fenced,Good Condition,Wood
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Public Records
- Lot Size Acres: 0.17
- Lot Size Dimensions: 50X151
- Lot Size Source: Assessor
- Lot Size Square Feet: 7405.2
-
Listing Information
Listing Price Information
- Original List Price: 1,500,000
- Listing Contract Date: 2024-07-17
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 037180012
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Door-Single,Garage,Off Street,Other,Paved
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: VC81 - Santa Barbara
- Directions: Take Cliff Dr. to Rancheria to Coronel
- Zoning: R-4
- Source Property Type: Residential
- Area: VC81 - Santa Barbara
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 144
- Common Walls: End Unit,No One Above,No One Below
- Property Condition: Updated/Remodeled
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Total Square Feet Living: 862
- Entry Location: Front and rear doors
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: House
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BuyOwner last updated this listing 03/31/2025 @ 20:26
- MLS: V1-24680
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 2 bedrooms which is for sale, it has 862 sqft, 7,405 sized lot, and 1 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Santa Barbara , in zip code 93101, this Santa Barbara County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.