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  • $4,550,000

    504 E Valerio St, Santa Barbara, CA 93103

    6beds
    4,181sqft
    Single Family Residence
    Built in 1905
    10,454.4 Square Feet Lot
    $5,337,200 Zestimate®
    $1,088/sqft
    $9,668 Estimated rent

    Home value

    $5,337,200

    $4.70M - $6.14M

    $9,668/mo

    Zestimate® history
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    What's special

    Old-world charmPrivate gardenArnold brothers constructionElevated styleTimeless designFlawless designer finishesClassic design
    Savor the quintessential Santa Barbara lifestyle where modern luxury meets tradition in the heart of the city. Gracefully sited on an elevated corner in the prestigious Upper East neighborhood, this completely rebuilt architectural gem offers the perfect blend of old-world charm with impeccable design and a carefree, comfortable style for luxurious downtown living. Renowned architect, Peter Becker, reimagined the circa-1905 Craftsman home from the rafters on down to its foundation. And, with the meticulous expertise of Arnold Brothers Construction, the expansion, modernization, and artistic rebuild was completed in 2017. The results are stunning; it's a custom turnkey home of unparalleled quality. Located in a premier location a few short blocks to the vibrant downtown Theater/Arts district, parks, top-rated schools, shopping, dining, and the Old Mission, this elegant reimagining of a classic design is warm, inviting, and filled with natural light. 4100+ square feet of expansive living space are perfectly laid out primarily on a single level. In total, there are six bedrooms and five baths. The downstairs level features a newly completed one-bedroom accessory dwelling unit with a private entrance ideal for extended family, office use, or added income. In a nod to its early turn-of-the-century heritage, this charming residence showcases a formal entry hall, gracious living room, and a separate dining room with period features including a fireplace, built-in seating and cabinetry, beamed ceilings, wainscoting, and a sun-drenched bay window. Timeless design is perfectly paired with thoughtful modern amenities including an open concept chef's kitchen with adjacent family room, vaulted skylit ceilings, wide oak flooring throughout, and flawless designer finishes. The home is beautifully conceived for contemporary living both inside and outside. A south-facing rear terrace leads to a serene, private garden below with inviting outdoor living spaces - the perfect setting for gatherings large and small, and your own private oasis. If desired, the home's collection of furnishings is available for purchase. All told, this modern recreation of a classic architectural design captivates with timeless details, impeccable quality and elevated style in the heart of Santa Barbara. It is indeed a rare opportunity not to be missed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joy Bean 00925828 805-895-1422,

    Sotheby's International Realty

    Bought with:

    Adam A McKaig, 01237501

    Douglas Elliman of California, Inc.

    Source: SBMLS,MLS#: 23-604MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced Air
    Cooling
    • Central Air, Other
    Appliances
    • Included: Refrigerator, Gas Range, Dishwasher, Disposal, Microwave, Rev Osmosis, Water Softener Owned
    • Laundry: Gas Dryer Hookup, Laundry Room
    Features
    • Flooring: Hardwood, Stone
    • Windows: Plantation Shutters, Blinds
    • Has fireplace: Yes
    • Fireplace features: Living Room, Family Room, Dining Room
    Interior area
    • Total structure area: 4,181
    • Total interior livable area: 4,181 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Split Level
    • Patio & porch: Deck
    • Exterior features: Lawn, Yard Irrigation T/O, Drought Tolerant LND
    • Fencing: Partial
    • Has view: Yes
    • View description: Setting
    Lot
    • Size: 10,454 sqft
    • Features: Corner Lot, Near Public Transit
    Details
    • Parcel number: 027132001
    • Zoning: R-2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Raised
    • Roof: Other,Composition
    Condition
    • Excellent
    • Year built: 1905

    Utilities & green energy

    • Sewer: Sewer Hookup

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Santa Barbara
    • Subdivision: 15 - Upper Eastside

    Other

    Other facts
    • Listing terms: Cash,Ctnl

    Price history

    DateEventPrice
    7/18/2023Sold$4,550,000-7.1%$1,088/sqft
    Source: SBMLS #23-604 Report a problem
    6/26/2023Pending sale$4,900,000$1,172/sqft
    Source: SBMLS #23-604 Report a problem
    6/5/2023Price change$4,900,000-10.1%$1,172/sqft
    Source: SBMLS #23-604 Report a problem
    3/8/2023Listed for sale$5,450,000+80.2%$1,304/sqft
    Source: SBMLS #23-604 Report a problem
    12/4/2017Sold$3,025,000-4%$724/sqft
    Source: SBMLS #17-3890 Report a problem
    12/3/2017Pending sale$3,150,000$753/sqft
    Source: Village Properties - 1 #17-3890 Report a problem
    11/30/2017Listed for sale$3,150,000+186.4%$753/sqft
    Source: Village Properties - 1 #17-3890 Report a problem
    10/31/2014Sold$1,100,000-1.7%$263/sqft
    Source: SBMLS #14-3388 Report a problem
    10/9/2014Listed for sale$1,119,000+24.3%$268/sqft
    Source: Sun Coast Real Estate Report a problem
    8/24/2010Sold$900,000-9%$215/sqft
    Source: Public Record Report a problem
    5/21/2010Price change$989,000+6.5%$237/sqft
    Source: Vflyer #10-173 Report a problem
    5/15/2010Listed for sale$929,000$222/sqft
    Source: Vflyer #10-173 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,811 -40%$2,728,902 -40%
    2024$48,055 +36.5%$4,550,000 +36.6%
    2023$35,212 +1.7%$3,329,721 +2%
    2022$34,607 +2.3%$3,264,433 +2%
    2021$33,814 +1%$3,200,426 +1%
    2020$33,466 +1.8%$3,167,610 +2%
    2019$32,882 +2.1%$3,105,500 +2.7%
    2018$32,207 +175.2%$3,025,000 +172.6%
    2017$11,705 -0.4%$1,109,865 -0.6%
    2016$11,752 +1.1%$1,116,775 +1.5%
    2015$11,624 +16.4%$1,100,000 +16.9%
    2014$9,988 $940,610 +2.5%
    2012-- $918,000 +2%
    2011-- $900,000 +86.8%
    2010-- $481,920 -0.2%
    2009-- $483,066 +2%
    2008-- $473,595 +2%
    2007-- $464,310 +2%
    2006-- $455,207 +2%
    2005-- $446,282 +3.9%
    2003-- $429,515 +2%
    2002-- $421,094 +2%
    2001-- $412,838 +2%
    2000-- $404,744

    Find assessor info on the county website

    Neighborhood: Lower Riviera

    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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