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Off market
  • Tax assessed value
    $234,090

    2968 Washington St, New Cuyama, CA 93254

    --beds
    0baths
    --sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,706 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,706/mo

    Zestimate® history
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    What's special

    Starlink high-speed internetFully operational fourplexThree fully remodeled units

    Fully operational fourplex in the heart of Cuyama Valley on a 0.56-acre lot along Highway 166. Four side-by-side units of approx. 510 sq. ft. each (approx. 2,040 sq. ft. total). Three fully remodeled units generate active short-term rental income; the fourth near completion offers value-add or owner-user potential. Upgrades include Starlink internet, Four EERO mesh WiFi, Yale Assure 2 Smart Locks, and Swann Security system with local and cloud backup. Zoned DR-6 per Santa Barbara County. Buyer to verify use, STR status, and Development Potential. Ideal for investors and 1031 exchange buyers seeking income and long-term upside in the last hidden gem, The Enchanted Cuyama Valley, in Santa Barbara County. Income & Operations" Starlink high-speed internet" EERO mesh WIFI routers in each unit" Yale Assure 2 smart locks" Six-camera Swann security system with back upLocation & Demand DriversThe property benefits from proximity to:Carrizo Plain National MonumentLos Padres National ForestThe historic Buckhorn Hotel & RestaurantFilm production activity in the Cuyama Valley corridorGrowing dark-sky and desert tourism demandL88 Landing strip for private aircraftQuail Springs Permaculture Blue Sky Centerand more.New Cuyama continues to attract visitors seeking rural California experiences, outdoor recreation, and quiet desert retreat settings.Zoning & DevelopmentZoned DR-6 (Design Residential) per Santa Barbara County. Existing fourplex is an established residential / commercial use. Buyer to independently verify:Short-term rental permissibilityADU eligibilityFuture development potential Any overlay or use restrictionsValue-Add PotentialOpportunities may include:Branding and direct booking growthMid-term rental positioningOutdoor programming enhancementsStrategic repositioning as boutique desert compound Ideal Buyer ProfileThis property may appeal to: Investors seeking stabilized short-term rental income 1031 exchange buyers seeking smaller replacement assets Owner-operators seeking lifestyle and income flexibility Buyers looking for long-term appreciation in an emerging rural corridor. Sober-centers, County Housing. 501(c)3 opportunities.The Dew Drop Inn represents a rare opportunity to acquire an income-producing asset with lifestyle optionality in one of California's most authentic desert valleys.Financials and additional operational details available upon accepted offer with POF for full purchase price.Owner is licensed Realtor and listing agent.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Douglas Elliman,MLS#: 26-554MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Has basement: No
    Interior area
    • Total structure area: 0

    Property

    Lot
    • Size: 0.56 Acres
    Details
    • Parcel number: 149131004

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Condition
    • Year built: 1949

    Community & HOA

    Community
    • Subdivision: CUYAMA
    Location
    • Region: New Cuyama

    Financial & listing details

    • Tax assessed value: $234,090
    • Annual tax amount: $2,574
    • Date on market: 2/19/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    4/30/2026Listing removed$699,900
    Source: Douglas Elliman #26-554 Report a problem
    4/24/2026Price change$699,900-12.5%
    Source: SBMLS #26-554 Report a problem
    4/5/2026Price change$799,900-5.9%
    Source: SBMLS #26-554 Report a problem
    2/27/2026Listed for sale$849,900+277.7%
    Source: SBMLS #26-554 Report a problem
    8/12/2022Sold$225,000-25%
    Source: Public Record Report a problem
    7/18/2022Contingent$300,000
    Source: CRMLS #PI22112123 Report a problem
    6/14/2022Listed for sale$300,000
    Source: CRMLS #PI22112123 Report a problem
    6/11/2022Contingent$300,000
    Source: CRMLS #PI22112123 Report a problem
    5/28/2022Listed for sale$300,000-25%
    Source: CRMLS #PI22112123 Report a problem
    5/26/2022Listing removed--
    Source: Owner Report a problem
    5/1/2022Listed for sale$400,000+185.7%
    Source: Owner Report a problem
    11/8/2013Sold$140,000-9.6%
    Source: Public Record Report a problem
    7/30/2013Listing removed$154,900
    Source: Coldwell Banker Premier Real Estate #186709 Report a problem
    8/23/2012Price change$154,900-3.2%
    Source: Coldwell Banker Premier Real Estate #186709 Report a problem
    5/27/2012Listed for sale$160,000-25.4%
    Source: Coldwell Banker Premier Real Estate #186709 Report a problem
    12/4/2009Sold$214,422-19.1%
    Source: Public Record Report a problem
    9/13/2005Sold$265,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,574 +1.9%$234,090 +2%
    2024$2,525 +1.8%$229,500 +2%
    2023$2,480 +37.3%$225,000 +39.1%
    2022$1,806 +1.9%$161,714 +2%
    2021$1,772 +2%$158,545 +1%
    2020$1,738 +1.9%$156,920 +2%
    2019$1,705 +2.4%$153,844 +2%
    2018$1,665 -0.9%$150,829 +2%
    2017$1,680 +7.4%$147,873 +2%
    2016$1,564 +1.4%$144,974 +1.5%
    2015$1,542 +1.9%$142,797 +2%
    2014$1,513 $140,000 +94.6%
    2012-- $71,935 +2%
    2011-- $70,526 +0.8%
    2010-- $70,000 -75.1%
    2009-- $281,219 +2%
    2008-- $275,706 +2%
    2007-- $270,300 +2%
    2006-- $265,000 +200.4%
    2005-- $88,225 +3.9%
    2003-- $84,911 +2%
    2002-- $83,247 +2%
    2001-- $81,616 +2%
    2000-- $80,017
    Find assessor info on the county website

    Neighborhood: 93254

    Nearby schools

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