Located in the heart of Santa Barbara, 509 Coronel Place presents an exceptional opportunity for both owner-users and investors looking to capitalize on the potential of an R-4 zoned lot, which allows for the development of multiple residential units in a city known for its strong real estate market and high demand for housing. This property currently features a charming 2-bedroom, 1-bathroom California cottage that exudes classic architectural charm and offers immediate livability while also serving as an excellent foundation for future development. Take advantage of this investment opportunity in a prime Santa Barbara location. Perfectly positioned just minutes from Santa Barbara City College, downtown and the beach, this property offers an unbeatable blend of convenience. Plus access to all conveniences. The R-4 zoning provides excellent upside for investors looking to maximize the lot's potential with future development or expansion (buyer to verify with City). The property has the electrical upgraded to 240 V.
Closed
$1,200,000
509 Coronel Pl, Santa Barbara, CA 93101
2beds
862sqft
Single Family Residence
Built in 1881
7,405 Square Feet Lot
$1,237,700 Zestimate®
$1,392/sqft
$3,305 Estimated rent
Home value
$1,237,700
$1.11M - $1.39M
$3,305/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Anthony M Bordin 00974047 805-729-0527,
Berkshire Hathaway HomeServices California Properties
Bought with:
Anthony M Bordin, 00974047
Berkshire Hathaway HomeServices California Properties
Source: SBMLS,MLS#: 24-2353
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Ceiling Fan(s)
Appliances
- Included: Refrigerator, Disposal, Gas Cooktop
- Laundry: Laundry Room, In Unit
Features
- Flooring: Hardwood
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 862
- Total interior livable area: 862 sqft
Property
Parking
- Parking features: Detached
- Has garage: Yes
Features
- Levels: Single Story,Outside Stairs
- Exterior features: Dog Run, Fruit Trees
- Fencing: Fenced,Back Yard
- Has view: Yes
- View description: Setting
Lot
- Size: 7,405 sqft
- Features: Level, Near Public Transit
- Topography: Level
Details
- Additional structures: Other, Workshop
- Parcel number: 037180012
- Zoning: R-4
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Raised, Pier & Post
- Roof: Composition
Condition
- Good
- Year built: 1881
Utilities & green energy
- Electric: 220 Volts in Laundry
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights
Location
- Region: Santa Barbara
Other
Other facts
- Listing terms: Cash,Ctnl
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Listing removed | $4,500$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/10/2025 | Listed for rent | $4,500-7.7%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/10/2025 | Listing removed | $4,875$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/7/2025 | Price change | $4,875-2%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/2/2025 | Price change | $4,975-3.9%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/14/2025 | Price change | $5,175+0.6%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/13/2025 | Price change | $5,145+3.9%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/10/2025 | Listed for rent | $4,950$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/14/2025 | Sold | $1,200,000-7.7%$1,392/sqft |
Source:  SBMLS #24-2353 Report a problem | ||
| 7/1/2025 | Pending sale | $1,299,500$1,508/sqft |
Source: SBMLS #24-2353 Report a problem | ||
| 6/25/2025 | Price change | $1,299,500-3.7%$1,508/sqft |
Source: SBMLS #24-2353 Report a problem | ||
| 6/6/2025 | Price change | $1,349,500-3.5%$1,566/sqft |
Source: SBMLS #24-2353 Report a problem | ||
| 4/7/2025 | Price change | $1,399,000-6.7%$1,623/sqft |
Source: SBMLS #24-2353 Report a problem | ||
| 2/14/2025 | Price change | $1,500,000-9.1%$1,740/sqft |
Source: SBMLS #24-2353 Report a problem | ||
| 1/28/2025 | Price change | $1,650,000-5.7%$1,914/sqft |
Source: SBMLS #24-2353 Report a problem | ||
| 9/30/2024 | Price change | $1,750,000-7.9%$2,030/sqft |
Source: SBMLS #24-2353 Report a problem | ||
| 8/2/2024 | Price change | $1,900,000-13.6%$2,204/sqft |
Source: SBMLS #24-2353 Report a problem | ||
| 7/17/2024 | Listed for sale | $2,200,000+633.3%$2,552/sqft |
Source: SBMLS #24-2353 Report a problem | ||
| 12/29/1999 | Sold | $300,000$348/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,411 +157.3% | $1,173,000 +159.5% |
| 2024 | $4,823 +1.9% | $452,028 +2% |
| 2023 | $4,735 +1.8% | $443,166 +2% |
| 2022 | $4,653 +2.4% | $434,477 +2% |
| 2021 | $4,545 +1% | $425,959 +1% |
| 2020 | $4,498 +1.8% | $421,593 +2% |
| 2019 | $4,419 +1.4% | $413,327 +2% |
| 2018 | $4,357 +3.4% | $405,223 +2% |
| 2017 | $4,213 +0.7% | $397,278 +2% |
| 2016 | $4,182 +2.7% | $389,489 +1.5% |
| 2015 | $4,070 | $383,640 +2% |
| 2014 | $4,070 | $376,126 +2.5% |
| 2012 | -- | $367,087 +2% |
| 2011 | -- | $359,890 +0.8% |
| 2010 | -- | $357,201 -0.2% |
| 2009 | -- | $358,051 +2% |
| 2008 | -- | $351,031 +2% |
| 2007 | -- | $344,149 +2% |
| 2006 | -- | $337,402 +2% |
| 2005 | -- | $330,788 +3.9% |
| 2003 | -- | $318,361 +2% |
| 2002 | -- | $312,120 +2% |
| 2001 | -- | $306,000 +2% |
| 2000 | -- | $300,000 |
Find assessor info on the county website
Neighborhood: Lower Westside
Nearby schools
GreatSchools rating
- 3/10McKinley Elementary SchoolGrades: K-6Distance: 0.2 mi
- 6/10La Cumbre Junior High SchoolGrades: 7-8Distance: 1.8 mi
- 8/10San Marcos Senior High SchoolGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- Elementary: McKinley
- Middle: LaCumbre
- High: San Marcos
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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