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  • $2,875,000

    518 E Pedregosa St, Santa Barbara, CA 93103

    4beds
    2,023sqft
    Single Family Residence
    Built in 1928
    3,920 Square Feet Lot
    $2,932,000 Zestimate®
    $1,421/sqft
    $7,918 Estimated rent

    Home value

    $2,932,000

    $2.64M - $3.28M

    $7,918/mo

    Zestimate® history
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    What's special

    Beautifully updated 1920's Craftsman in the heart of Santa Barbara. This recently remodeled 4 bedroom, 2 1/2 bath home offers the perfect blend of timeless charm and modern luxury, featuring an open-concept design, abundant natural light and stunning ocean, island and city views. The ground-level primary suite offers easy access and enviable views, while the spacious, light-filled living areas open up to a generous wrap-around deck, perfect for outdoor living and entertaining. The flexible floor plan includes a lower level with separate access, featuring two additional bedrooms and spacious bath with freestanding tub and shower - ideal versatility for visitors or extended family. Located in one of Santa Barbara's most desirable neighborhoods, you're just a short walk to the El Encanto Hotel and the Rose Gardens at the Santa Barbara Mission.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marisa M Garber 02153765 858-337-8727,

    Berkshire Hathaway HomeServices California Properties

    Bought with:

    Calcagno & Hamilton Group, 01499736 / 01129919

    Berkshire Hathaway HomeServices California Properties

    Source: SBMLS,MLS#: 25-348MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Electric Range, Built-In Electric Range, Built-In Electric Oven, Tankless Water Heater, Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Rev Osmosis, Washer, Water Softener Owned
    • Laundry: Laundry Room
    Features
    • Flooring: Hardwood, Tile
    • Has fireplace: Yes
    • Fireplace features: Living Room, Gas
    Interior area
    • Total structure area: 2,023
    • Total interior livable area: 2,023 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Patio & porch: Deck, Patio Open
    • Exterior features: Fruit Trees, Drought Tolerant LND
    • Fencing: Fenced
    • Has view: Yes
    • View description: Mountain(s), Islands, Ocean, City, Setting, Harbor
    • Has water view: Yes
    • Water view: Islands,Ocean,Harbor
    Lot
    • Size: 3,920 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 027062012
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Other
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Excellent
    • Year built: 1928

    Community & HOA

    Community
    • Features: Street Lights
    • Subdivision: 15 - Riviera/Lower
    Location
    • Region: Santa Barbara

    Financial & listing details

    • Price per square foot: $1,421/sqft
    • Tax assessed value: $2,151,642
    • Annual tax amount: $22,830
    • Date on market: 1/23/2025
    • Cumulative days on market: 63 days
    • Listing terms: Cash,Ctnl

    Price history

    DateEventPrice
    9/22/2025Sold$2,875,000$1,421/sqft
    Source: SBMLS #25-348 Report a problem
    4/2/2025Pending sale$2,875,000$1,421/sqft
    Source: SBMLS #25-348 Report a problem
    3/15/2025Price change$2,875,000-4%$1,421/sqft
    Source: SBMLS #25-348 Report a problem
    1/23/2025Listed for sale$2,995,000+3.3%$1,480/sqft
    Source: SBMLS #25-348 Report a problem
    12/31/2022Sold$2,900,000+59.3%$1,434/sqft
    Source: SBMLS #22-4005 Report a problem
    4/16/2018Sold$1,820,800+1.4%$900/sqft
    Source: SBMLS #18-902 Report a problem
    4/14/2018Pending sale$1,795,000$887/sqft
    Source: Keller Williams Santa Barbara #18000724 Report a problem
    3/13/2018Listed for sale$1,795,000+6.6%$887/sqft
    Source: Keller Williams Realty Santa Barbara #18-902 Report a problem
    3/14/2017Sold$1,684,500-0.6%$833/sqft
    Source: Public Record Report a problem
    2/17/2017Pending sale$1,695,000$838/sqft
    Source: Village Properties - 1 #17-178 Report a problem
    1/18/2017Listed for sale$1,695,000$838/sqft
    Source: Village Properties #17-178 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,830 +1.7%$2,151,642 +2%
    2024$22,438 -27.2%$2,109,454 -27.3%
    2023$30,834 +47.9%$2,900,000 +48.5%
    2022$20,850 +2.4%$1,952,263 +2%
    2021$20,371 +1%$1,913,984 +1%
    2020$20,161 +1.8%$1,894,360 +2%
    2019$19,809 +7.5%$1,857,216 +8.1%
    2018$18,433 +39.8%$1,718,088 +38.2%
    2017$13,183 +2.9%$1,242,893 +2%
    2016$12,816 +2.8%$1,218,523 +1.5%
    2015$12,466 $1,200,221 +2%
    2014$12,466 $1,176,712 +2.5%
    2012-- $1,148,428 +7.8%
    2011-- $1,065,289 +0.8%
    2010-- $1,057,328 -0.2%
    2009-- $1,059,840 +2%
    2008-- $1,039,060 +2%
    2007-- $1,018,687 +787.5%
    2006-- $114,781 +2%
    2005-- $112,531 +3.9%
    2003-- $108,304 +2%
    2002-- $106,182 +2%
    2001-- $104,101 +2%
    2000-- $102,061
    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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    $2,990,640