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Pending
  • Price cut: $50K (6/22)
    $1,199,000

    555 E Arrellaga St APT 7, Santa Barbara, CA 93103

    2beds
    1,067sqft
    : 
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    Condominium
    Built in 1985
    -- sqft lot
    $1,169,600 Zestimate®
    $1,124/sqft
    $750/mo HOA

    What's special

    Built-in wine coolerElegant travertine tileMiele and electrolux appliances
    Where the Upper East Meets the Lower Riviera, an exceptional Santa Barbara lifestyle awaits. Tucked away on a peaceful cul-de-sac in one of Santa Barbara's most desirable neighborhoods, 555 E. Arrellaga St. #7 offers a rare combination of elevated design, timeless materials, and unbeatable convenience--just moments from the historic Santa Barbara Mission, downtown State Street, theaters, dining, coffee shops, hiking trails, and world-class beaches. Thoughtfully updated and filled with natural light, this beautifully appointed 2-bedroom, 2-bath residence lives far larger than its footprint, with an airy layout and effortless flow that creates a true sense of space and comfort. Rich Brazilian chestnut hardwood floors and elegant travertine tile add warmth and sophistication throughout, while Milgard dual-pane windows and plantation shutters throughout provide timeless architectural character, privacy, and energy efficiency. At the heart of the home, an inviting living room anchored by a fireplace creates the perfect setting for cozy evenings, quiet mornings, or effortless entertaining. The thoughtfully designed kitchen pairs refined finishes with premium performance, featuring Miele and Electrolux appliances, generous functionality, and a built-in wine cooler--perfectly suited for everything from casual mornings to dinner parties with friends. Designed to embrace Santa Barbara's coveted indoor-outdoor lifestyle, the home offers a charming covered porch ideal for al fresco dining, morning coffee, or evening wine, while a private patio off the primary bedroom creates a peaceful retreat to unwind and enjoy Santa Barbara's year-round coastal climate. The spacious primary suite feels like a true sanctuary, while the second bedroom offers flexibility for guests, a home office, or creative space. Every detail has been considered for comfort and ease, including all appliances conveying with the home--including washer, dryer, and built-in wine cooler. Additional conveniences include the rare luxury of secure parking in a common underground garage plus an additional uncovered parking space, offering ease and peace of mind in one of Santa Barbara's most coveted neighborhoods. What truly sets this home apart is its location--perfectly positioned where the Upper Eastside meets the Lower Riviera--offering the serenity of a tucked-away retreat while remaining minutes from the very best of Santa Barbara living. Whether you're seeking a full-time residence, sophisticated pied-a-terre, or lock-and-leave getaway, 555 E. Arrellaga St. #7 delivers the rare opportunity to own a beautifully updated home that feels both elevated and effortlessly livable. Private. Refined. Ideally located. And unmistakably Santa Barbara.
    52 days
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    643
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    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jean Sedar DRE#: 00954229 805-637-7848,

    Sotheby's International Realty

    Source: North Santa Barbara County MLS,MLS#: 26001020MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Lower
      Dining room
      • Features: Formal/Separate
      Heating
      • Forced Air
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Oven/Range-Gas, Dryer, Refrigerator, Microwave, Reverse Osmosis, Washer, Disposal, Dishwasher
      • Laundry: Inside
      Features
      • Pantry
      • Flooring: Wood, Tile
      • Windows: Double Pane Windows
      • Number of fireplaces: 1
      • Fireplace features: Gas Log, Living Room
      Interior area
      • Total structure area: 1,067
      • Total interior livable area: 1,067 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Other, Drive Space, Detached
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Doors
      Features
      • Stories: 1
      • Entry location: No Stairs to Entry
      • Patio & porch: Patio, Patio Covered
      • Has view: Yes
      • View description: Park/Greenbelt
      Lot
      • Size: 0 Square Feet
      • Features: Greenbelt, Corner Lot, Cul-De-Sac, Sidewalks, Street Lights, Curbs/Gutter
      Details
      • Parcel number: 027480007
      • Zoning description: Other
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • Year built: 1985

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available
      Green energy
      • Green verification: None
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: Optional Services: Greenbelt
      • Security: Fire Sprinkler System
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Structure, Insurance, Com Area Mn, Trash
      • HOA fee: $750 monthly
      Location
      • Region: Santa Barbara

      Financial & listing details

      • Price per square foot: $1,124/sqft
      • Tax assessed value: $502,409
      • Annual tax amount: $5,343
      • Date on market: 5/28/2026
      • Cumulative days on market: 53 days
      • Listing terms: New Loan,Cash
      • Road surface type: Paved

        Estimated market value

        $1,169,600

        $1.11M - $1.23M

        $4,470/mo

        Price history

        DateEventPrice
        7/10/2026Pending sale$1,199,000$1,124/sqft
        Source: North Santa Barbara County MLS #26001020 Report a problem
        7/10/2026Contingent$1,199,000$1,124/sqft
        Source: SBMLS #26-1752 Report a problem
        6/22/2026Price change$1,199,000-4%$1,124/sqft
        Source: North Santa Barbara County MLS #26001020 Report a problem
        6/3/2026Price change$1,249,000-3.6%$1,171/sqft
        Source: SBMLS #26-1139 Report a problem
        5/15/2026Price change$1,296,000-4%$1,215/sqft
        Source: SBMLS #26-1139 Report a problem
        4/8/2026Listed for sale$1,350,000+237.5%$1,265/sqft
        Source: SBMLS #26-1139 Report a problem
        4/3/2012Sold$400,000-2.7%$375/sqft
        Source: SBMLS #12-390 Report a problem
        2/2/2012Listed for sale$411,111+8.7%$385/sqft
        Source: foreclosure.com Report a problem
        9/6/2011Sold$378,098-30.9%$354/sqft
        Source: Public Record Report a problem
        4/17/2003Sold$547,000$513/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,343 +3.2%$502,409 +2%
        2024$5,177 +1.9%$492,559 +2%
        2023$5,081 +1.8%$482,902 +2%
        2022$4,992 +2.4%$473,434 +2%
        2021$4,875 +1.1%$464,152 +1%
        2020$4,823 +1.8%$459,394 +2%
        2019$4,738 +1.5%$450,387 +2%
        2018$4,669 +3.4%$441,557 +2%
        2017$4,514 +0.9%$432,900 +2%
        2016$4,473 +2.8%$424,413 +1.5%
        2015$4,350 $418,039 +2%
        2014$4,350 $409,851 +2.5%
        2012-- $400,000 -32.3%
        2011-- $591,000
        2010-- $591,000
        2009-- $591,000 -2%
        2008-- $603,138 +2%
        2007-- $591,313 +2%
        2006-- $579,720 +2%
        2005-- $568,354 +114%
        2003-- $265,569 +2%
        2002-- $260,362 +2%
        2001-- $255,258 +2%
        2000-- $250,254
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Lower Riviera

        Getting around

        53 / 100
        Somewhat Walkable
        41 / 100
        Some Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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