Prime Santa Barbara Development Opportunity. 523 W. Gutierrez Street features an existing single-family home with a long-term tenant in place, providing immediate rental income, along with approved plans for a 9-unit residential development. Located in Santa Barbara's desirable Westside neighborhood, the property is just minutes from Downtown, State Street, the Funk Zone, the waterfront, and Santa Barbara City College. This rare entitled project offers investors and developers a unique opportunity to capitalize on strong housing demand in one of California's premier coastal markets while benefiting from current income and significant future upside.
Active
$2,000,000
523 W Gutierrez St, Santa Barbara, CA 93101
3beds
998sqft
Single Family Residence
Built in 1910
8,712 Square Feet Lot
$1,930,100 Zestimate®
$2,004/sqft
$-- HOA
What's special
- 42 days |
- 418 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Oliver M Fries 01891656 805-259-9638,
Paloma Realty Partners Inc.,
Adam Kanizo 02008361 818-292-1346,
Paloma Realty Partners Inc.
Source: SBMLS,MLS#: 26-1817
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
Den
- Level: First
Features
- Has fireplace: No
Interior area
- Total structure area: 998
- Total interior livable area: 998 sqft
Property
Features
- Levels: Single Story
- Fencing: Full
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 037222006
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Pier & Post
Condition
- Updated/Remodeled,Good
- Year built: 1910
Community & HOA
Location
- Region: Santa Barbara
Financial & listing details
- Price per square foot: $2,004/sqft
- Tax assessed value: $1,123,632
- Annual tax amount: $11,891
- Date on market: 6/1/2026
- Cumulative days on market: 43 days
- Listing terms: Conventional,Cash
Estimated market value
Zestimate®
$1,930,100
Estimated sales range
$1.83M - $2.03M
Rent Zestimate®
$5,050/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Listed for sale | $2,000,000+85.2%$2,004/sqft |
Source: | ||
| 10/24/2022 | Sold | $1,080,000$1,082/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,891 +1.7% | $1,123,632 +2% |
| 2024 | $11,687 +1.8% | $1,101,600 +2% |
| 2023 | $11,475 +199.3% | $1,080,000 +202.2% |
| 2022 | $3,834 +2.4% | $357,324 +2% |
| 2021 | $3,745 +1% | $350,319 +1% |
| 2020 | $3,706 +1.8% | $346,728 +2% |
| 2019 | $3,641 +1.4% | $339,931 +2% |
| 2018 | $3,590 +499.9% | $333,266 +523% |
| 2017 | $598 -11.2% | $53,492 +2% |
| 2016 | $674 +2.4% | $52,444 +1.5% |
| 2015 | $658 | $51,657 +2% |
| 2014 | $658 | $50,646 +2.5% |
| 2012 | -- | $49,430 +2% |
| 2011 | -- | $48,462 +0.8% |
| 2010 | -- | $48,101 -0.2% |
| 2009 | -- | $48,216 +2% |
| 2008 | -- | $47,272 +2% |
| 2007 | -- | $46,346 +2% |
| 2006 | -- | $45,438 +2% |
| 2005 | -- | $44,548 +3.9% |
| 2003 | -- | $42,876 +2% |
| 2002 | -- | $42,036 +2% |
| 2001 | -- | $41,213 +2% |
| 2000 | -- | $40,406 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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 Westside
Nearby schools
GreatSchools rating
- 3/10McKinley Elementary SchoolGrades: K-6Distance: 0.2 mi
- 6/10La Cumbre Junior High SchoolGrades: 7-8Distance: 1.9 mi
- 8/10San Marcos Senior High SchoolGrades: 9-12Distance: 5.3 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.
- $1,528,7005 bd2 ba1k sqft525 W Gutierrez St, Santa Barbara, CA 93101Off Market
Save - $1,340,2003 bd1 ba1.2k sqft515 W Gutierrez St, Santa Barbara, CA 93101Off Market
Save 
- $1,492,4002 bd1 ba1k sqft527 W Gutierrez St, Santa Barbara, CA 93101Off Market
Save - $1,406,2002 bd1 ba948 sqft513 W Gutierrez St, Santa Barbara, CA 93101Off Market
Save - $1,436,349-- bd-- ba-- sqft533 W Gutierrez St, Santa Barbara, CA 93101Off Market
Save - $1,343,4002 bd1 ba880 sqft331 Rancheria St, Santa Barbara, CA 93101Off Market
Save - $1,399,700-- bd-- ba-- sqft327 Rancheria St, Santa Barbara, CA 93101Off Market
Save - $2,025,5003 bd2 ba2k sqft522 W Gutierrez St, Santa Barbara, CA 93101Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $1,995,0002 bd2 ba1.1k sqft1529 De La Vina St, Santa Barbara, CA 93101For Sale
Save
MLS ID #26-1737, Tyler E Mearce. SBMLS - $1,850,0002 bd1 ba1.1k sqft223 W Pedregosa St, Santa Barbara, CA 93101For Sale
Save
MLS ID #26-2276, Maureen M McDermut. SBMLS - $1,820,0002 bd2 ba1.3k sqft401 Chapala St APT 207, Santa Barbara, CA 93101For Sale
Save
MLS ID #26-2224, Kathleen P Barnato. SBMLS - $1,795,0002 bd1 ba930 sqft535 Arroyo Ave, Santa Barbara, CA 93109For Sale
Save
MLS ID #26-1390, Kathy Spieler. SBMLS - $1,400,0002 bd1 ba914 sqft515 Brinkerhoff Ave, Santa Barbara, CA 93101For Sale
Save MLS ID #26-2147, Michael Cowans. SBMLS - $1,545,0002 bd1 ba1k sqft801 W Pedregosa St, Santa Barbara, CA 93101For Sale
Save MLS ID #26-2269, Melissa Birch. SBMLS - $1,395,0003 bd2 ba1.1k sqft1419 Carpinteria St, Santa Barbara, CA 93103For Sale
Save MLS ID #26-2293, Loren Sanchez. SBMLS - $1,995,0003 bd2 ba1.3k sqft444 Rosario Dr, Santa Barbara, CA 93110For Sale
Save MLS ID #26-1841, Taylor R Tatman. SBMLS - $1,695,0003 bd1 ba1.3k sqft3930 Foothill Rd, Santa Barbara, CA 93110For Sale
Save MLS ID #26-2279, Jonathan Minerick. SBMLS - $--2 bd1 ba1.1k sqft227 Argonne Cir, Santa Barbara, CA 93105Auction
Save Auction.com 2 - $2,298,0004 bd5 ba1.3k sqft936 N Nopal St, Santa Barbara, CA 93103For Sale
Save MLS ID #26-1994, Scott McCosker. SBMLS - $1,895,0001 bd2 ba1.4k sqft401 Chapala St #312, Santa Barbara, CA 93101For Sale
Save MLS ID #26-1942, Jennifer Berger. SBMLS - $1,725,0002 bd2 ba884 sqft101 Oceano Ave APT 8, Santa Barbara, CA 93109For Sale
Save MLS ID #26-2256, Michael Hinderberger. SBMLS - $1,695,0002 bd3 ba1.2k sqft125 Bath St APT B2, Santa Barbara, CA 93101For Sale
Save MLS ID #26-878, Crawford Speier Group. SBMLS - $2,275,0003 bd2 ba1.3k sqft1324 Kenwood Rd, Santa Barbara, CA 93109For Sale
Save MLS ID #26-171, John Nuzzolillo. SBMLS - $2,000,0003 bd1 ba1k sqft6624 Sueno Rd, Goleta, CA 93117For Sale
Save MLS ID #26-2098, Michael Lopus. SBMLS - $--2 bd1 ba1k sqft592 Santa Rosa Ln, Santa Barbara, CA 93108Auction
Save Xome - $1,740,0004 bd2 ba1.4k sqft124 Citrus Ave, Santa Barbara, CA 93103For Sale
Save MLS ID #26-1665, Emily McPherson. SBMLS - $1,330,0003 bd2 ba1.3k sqft920 E Gutierrez St, Santa Barbara, CA 93103For Sale
Save MLS ID #26-1370, Joanne Sizemore. SBMLS - $1,925,0002 bd2 ba930 sqft101 Oceano Ave APT 20, Santa Barbara, CA 93109For Sale
Save MLS ID #26-652, Andy Sillers. SBMLS
- Request a tour
as early as tomorrow at 11:00 am
Contact agent Local buyer's agents are ready to help
- California
- Santa Barbara County
- Santa Barbara
- 93101
- Lower Westside
- 523 W Gutierrez St