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Pending
  • $1,599,000

    1228 Olive St, Santa Barbara, CA 93101

    2beds
    860sqft
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    Single Family Residence
    Built in 1925
    4,356 Square Feet Lot
    $1,580,100 Zestimate®
    $1,859/sqft
    $-- HOA

    What's special

    New roofNew stuccoNew countertopsQuiet olive-tree-lined stretchNew pergolaNew windowsFresh landscaping
    Tucked onto a quiet, olive-tree-lined stretch of Santa Barbara's Lower Riviera, on the edge of the storied Bungalow Haven district, this beautifully reimagined 1925 cottage blends timeless Spanish character with a thoughtful, top-to-bottom renovation. Just east of State Street and an easy stroll to downtown shops and restaurants, Alameda Park, Alice Keck Park Memorial Garden, and the Mission, this is the kind of home that lets you live the Santa Barbara lifestyle the moment you set down your bags. Offering approximately 860 square feet of 2-bedroom, 2-bathroom living on a roughly 4,356 square foot lot, the home has been extensively updated with the Spanish architecture preserved. Step inside to a new kitchen with custom cabinets, new countertops, and tile backsplash; two remodeled bathrooms with new tile, vanities, toilets, faucets, and glass shower doors; new flooring, mouldings, and lighting throughout; and a tiled fireplace that anchors the living space with cozy character. Systems updates include electrical rewire, updated PEX plumbing, new AC, new tankless water heater, electrical panel upgrade, and new washer and dryer. Foundation work has been completed. Outside is where this home truly invites you to linger. A new pergola, two custom decks, and custom eyebrow pergolas over the front windows and rear slider create inviting spaces to gather, unwind, and soak in the coastal air. Fresh landscaping, new stucco, a new roof, new windows, and new front and back fencing give the home undeniable curb appeal, while custom-finished and painted front rockwork adds a distinctive welcome. A permitted rec room sits behind the finished one-car garage -- drywalled, wired, and epoxy-coated with a new garage door -- offering flexible space for a studio, office, or quiet retreat. The epoxy-coated driveway provides parking for up to four cars, a rare and valuable find this close to downtown. Seller is offering a 2-1 rate buydown with an acceptable offer -- significantly lower your payments for the first two years. Move-in ready and full of heart, this is a special opportunity to own a lovingly renovated piece of the Lower Riviera, one of Santa Barbara's most walkable, characterful neighborhoods.
    30 days
    |
    442
    |
    18
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bret Lewis 01872524 480-225-6616,

    Noble Realty Brokerage

    Source: SBMLS,MLS#: 26-1828MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 860
      • Total interior livable area: 860 sqft

      Property

      Features
      • Levels: Single Story
      Lot
      • Size: 4,356 Square Feet
      • Features: Interior Lot, Near Public Transit
      Details
      • Parcel number: 029141020
      • Zoning: R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Raised
      Condition
      • Updated/Remodeled,Excellent
      • Year built: 1925

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: 15 - Lower Eastside
      Location
      • Region: Santa Barbara

      Financial & listing details

      • Price per square foot: $1,859/sqft
      • Tax assessed value: $71,006
      • Annual tax amount: $796
      • Date on market: 6/4/2026
      • Cumulative days on market: 31 days
      • Listing terms: Conventional,Cash,VA Loan

        Estimated market value

        $1,580,100

        $1.50M - $1.66M

        $6,948/mo

        Price history

        DateEventPrice
        6/19/2026Pending sale$1,599,000$1,859/sqft
        Source: SBMLS #26-1828 Report a problem
        6/4/2026Listed for sale$1,599,000+55.2%$1,859/sqft
        Source: SBMLS #26-1828 Report a problem
        9/16/2025Sold$1,030,000$1,198/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$796 +12.5%$71,006 +2%
        2024$708 +2.2%$69,615 +2%
        2023$693 +2.1%$68,251 +2%
        2022$679 +2.9%$66,914 +2%
        2021$659 +1.2%$65,603 +1%
        2020$652 +2%$64,932 +2%
        2019$639 +1.7%$63,660 +2%
        2018$628 +3.7%$62,413 +2%
        2017$606 -10.9%$61,190 +2%
        2016$680 +2.8%$59,991 +1.5%
        2015$661 $59,091 +2%
        2014$661 $57,935 +2.5%
        2012-- $56,544 +2%
        2011-- $55,436 +0.8%
        2010-- $55,022 -0.2%
        2009-- $55,154 +2%
        2008-- $54,073 +2%
        2007-- $53,014 +2%
        2006-- $51,976 +2%
        2005-- $50,958 +3.9%
        2003-- $49,045 +2%
        2002-- $48,085 +2%
        2001-- $47,143 +2%
        2000-- $46,220
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Laguna

        Getting around

        83 / 100
        Very Walkable
        49 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Roosevelt
        • Middle: S.B. Jr.
        • High: S.B. Sr.

        Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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