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  • $1,325,000

    40 Ocean View Ave, Santa Barbara, CA 93103

    3beds
    1,188sqft
    Single Family Residence
    Built in 1953
    0.27 Acres Lot
    $1,385,300 Zestimate®
    $1,115/sqft
    $4,808 Estimated rent

    Home value

    $1,385,300

    $1.32M - $1.45M

    $4,808/mo

    Zestimate® history
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    What's special

    Exceptional opportunity in a prime Santa Barbara location! Situated on a generous lot just under 12,000± square feet, this charming single-level home offers approximately 1,188± square feet of living space and endless possibilities for future expansion. The versatile layout and oversized parcel may provide excellent potential to add onto the existing residence, create a second unit (buyer to verify), or reimagine the property to suit a variety of needs. Ideally located with close proximity to Montecito, the beach, and the zoo, this property offers the perfect blend of convenience, lifestyle, and long-term upside. Whether you're looking for a primary residence, investment opportunity, or property with room to grow, the options here are abundant.

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Miller 02221993 661-607-7500,

    Re/Max Gold Coast Realtors

    Bought with:

    Douglas Miller, 02221993

    Re/Max Gold Coast Realtors

    Source: SBMLS,MLS#: 26-1748MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,188
    • Total interior livable area: 1,188 sqft

    Property

    Parking
    • Parking features: Garage, Detached
    • Has garage: Yes
    Features
    • Exterior features: Dog Run, Lawn, Fruit Trees
    Lot
    • Size: 0.27 Acres
    Details
    • Additional structures: Workshop
    • Parcel number: 015271018
    • Zoning: Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1953

    Community & HOA

    Community
    • Subdivision: 15 - Eucalyptus Hill
    Location
    • Region: Santa Barbara

    Financial & listing details

    • Price per square foot: $1,115/sqft
    • Tax assessed value: $1,440,000
    • Date on market: 5/27/2026
    • Cumulative days on market: 10 days
    • Listing terms: Conventional,Cash

    Price history

    DateEventPrice
    6/26/2026Sold$1,325,000-5.4%$1,115/sqft
    Source: SBMLS #26-1748 Report a problem
    6/5/2026Pending sale$1,400,000$1,178/sqft
    Source: SBMLS #26-1748 Report a problem
    5/27/2026Listed for sale$1,400,000-6.7%$1,178/sqft
    Source: SBMLS #26-1748 Report a problem
    5/12/2026Listing removed$1,500,000$1,263/sqft
    Source: CLAW #26657575 Report a problem
    3/9/2026Listed for sale$1,500,000$1,263/sqft
    Source: CLAW #26657575 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,440,000 +1428.8%
    2025$966 +2%$94,193 +2%
    2024$948 +2.1%$92,347 +2%
    2023$928 +2%$90,538 +2%
    2022$910 +2.8%$88,764 +2%
    2021$886 +1.2%$87,024 +1%
    2020$876 +1.9%$86,133 +2%
    2019$859 +1.7%$84,445 +2%
    2018$845 +3.6%$82,790 +2%
    2017$816 -7.7%$81,168 +2%
    2016$883 +2.8%$79,577 +1.5%
    2015$859 $78,383 +2%
    2014$859 $76,849 +2.5%
    2012-- $75,002 +2%
    2011-- $73,533 +0.8%
    2010-- $72,984 -0.2%
    2009-- $73,159 +2%
    2008-- $71,726 +2%
    2007-- $70,321 +2%
    2006-- $68,943 +2%
    2005-- $67,592 +3.9%
    2003-- $65,055 +2%
    2002-- $63,780 +2%
    2001-- $62,531 +2%
    2000-- $61,306
    Find assessor info on the county website

    Neighborhood: Eastside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cleveland
    • 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.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,385,300
    2% more
    +$27,706
    With Zillow Showcase(estimated)
    $1,413,006
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,385,300
    2% more
    +$27,706
    With Zillow Showcase(estimated)
    $1,413,006