Ideally situated between the Upper East and Lower Riviera, this turnkey property offers effortless access to Santa Barbara's most beloved landmarks and entertainment. Extensively remodeled from 2025-2026, 518 E Islay pairs crisp contemporary architecture and warm, inviting interiors with modern systems, meticulous craftsmanship, and an all-electric design. Interiors showcase engineered wide-plank wood flooring, smooth skim-coated walls, new doors and hardware, curated lighting, and mini-split HVAC. Kitchens and bathrooms are fully rebuilt with custom cabinetry, stone surfaces, refined fixtures, and new appliances. Each unit features a spacious outdoor deck, ideal for seamless indoor-outdoor living and entertaining. Exterior enhancements include stucco, a standing-seam metal entry roof, professional landscaping, wrought iron fencing and private two-car garages with EV chargers and motorized doors. Ideal for an owner-user, the duplex allows one to live in a unit while renting the other for supplemental income, or accommodate extended family, multi-generational living, or future lifestyle flexibility.
Active
Price cut: $300K (4/16)
$2,650,000
518 E Islay St, Santa Barbara, CA 93101
4beds
--sqft
Single Family Residence
Built in 1973
5,662 Square Feet Lot
$2,622,900 Zestimate®
$--/sqft
$-- HOA
What's special
New doors and hardwareStone surfacesCustom cabinetryCrisp contemporary architectureWarm inviting interiorsRefined fixturesEngineered wide-plank wood flooring
- 149 days |
- 758 |
- 48 |
Zillow last checked:
Listing updated:
Listed by:
Casey Turpin 02125478 805-232-5766,
Village Properties
Source: SBMLS,MLS#: 26-487
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- None
Cooling
- Other
Appliances
- Included: Refrigerator, Built-In Electric Range, Dishwasher, Dryer, Washer
- Laundry: In Unit
Features
- Has fireplace: No
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 027064009
- Zoning: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Excellent
- Year built: 1973
Utilities & green energy
- Electric: All Electric
Community & HOA
Location
- Region: Santa Barbara
Financial & listing details
- Tax assessed value: $265,191
- Annual tax amount: $2,848
- Date on market: 2/13/2026
- Cumulative days on market: 150 days
- Listing terms: Conventional,Cash
Estimated market value
$2,622,900
$2.49M - $2.75M
$5,779/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Price change | $2,650,000-10.2% |
Source:  SBMLS #26-487 Report a problem | ||
| 2/11/2026 | Listed for sale | $2,950,000 |
Source: SBMLS #26-461 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,848 +1.9% | $265,191 +2% |
| 2024 | $2,796 +2% | $259,992 +2% |
| 2023 | $2,742 +1.9% | $254,896 +2% |
| 2022 | $2,691 +2.5% | $249,899 +2% |
| 2021 | $2,625 +1.1% | $245,000 +1% |
| 2020 | $2,597 +1.9% | $242,489 +2% |
| 2019 | $2,549 +1.5% | $237,735 +2% |
| 2018 | $2,510 +3.5% | $233,075 +2% |
| 2017 | $2,426 -0.9% | $228,506 +2% |
| 2016 | $2,447 +1.2% | $224,027 +1.5% |
| 2015 | $2,419 +1.6% | $220,663 +2% |
| 2014 | $2,380 | $216,342 +2.5% |
| 2012 | -- | $211,144 +2% |
| 2011 | -- | $207,005 +0.8% |
| 2010 | -- | $205,459 -0.2% |
| 2009 | -- | $205,948 +2% |
| 2008 | -- | $201,910 +2% |
| 2007 | -- | $197,951 +2% |
| 2006 | -- | $194,071 +2% |
| 2005 | -- | $190,267 +3.9% |
| 2003 | -- | $183,119 +2% |
| 2002 | -- | $179,529 +2% |
| 2001 | -- | $176,010 +2% |
| 2000 | -- | $172,560 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Lower Riviera
Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: K-6Distance: 0.2 mi
- 3/10Santa Barbara Junior High SchoolGrades: 7-8Distance: 1.1 mi
- 6/10Santa Barbara Senior High SchoolGrades: 9-12Distance: 0.8 mi
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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A local lender can help you make sure your offer is ready when you are.
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