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.
Pending
$1,400,000
40 Ocean View Ave, Santa Barbara, CA 93103
3beds
1,188sqft
Single Family Residence
Built in 1953
0.27 Acres Lot
$1,411,200 Zestimate®
$1,178/sqft
$-- HOA
What's special
- 15 days |
- 40 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Douglas Miller 02221993 661-607-7500,
Re/Max Gold Coast Realtors
Source: SBMLS,MLS#: 26-1748
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: $1,178/sqft
- Tax assessed value: $94,193
- Annual tax amount: $966
- Date on market: 5/27/2026
- Cumulative days on market: 16 days
- Listing terms: Conventional,Cash
Estimated market value
$1,411,200
$1.34M - $1.48M
$5,309/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Pending sale | $1,400,000$1,178/sqft |
Source:  SBMLS #26-1748 Report a problem | ||
| 5/27/2026 | Listed for sale | $1,400,000-6.7%$1,178/sqft |
Source: SBMLS #26-1748 Report a problem | ||
| 5/12/2026 | Listing removed | $1,500,000$1,263/sqft |
Source:  CLAW #26657575 Report a problem | ||
| 3/9/2026 | Listed for sale | $1,500,000$1,263/sqft |
Source: CLAW #26657575 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 | -- | $61,306 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Eastside
Nearby schools
GreatSchools rating
- 4/10Cleveland Elementary SchoolGrades: K-6Distance: 0.4 mi
- 3/10Santa Barbara Junior High SchoolGrades: 7-8Distance: 1.3 mi
- 6/10Santa Barbara Senior High SchoolGrades: 9-12Distance: 1.6 mi
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.
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- California
- Santa Barbara County
- Santa Barbara
- 93103
- Eastside
- 40 Ocean View Ave
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