The subject property is located at 6588 and 6590 Madrid Road in Goleta, CA. The property consists of two parcels totaling approximately 10,018 SF with an approximately 816 SF single-family residence. Zoning permits high-density student housing with an underlying density of 20 du/acre. The property is located less than half a mile north of UCSB and just east of the Pacific Ocean. The property is in an excellent location providing the opportunity for a coastal student housing development.
Lot/land
Listed by: Lee & Associates • Alexandra Bentley • Contact: abentley@lee-associates.com
$2,500,000
6588 Madrid Rd, Goleta, CA 93117
--beds
--baths
10,018Square Feet
Unimproved Land
Built in ----
10,018 Square Feet Lot
$2,436,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 30 days
- 192
- 4
Zillow last checked:
Listing updated:
Listed by:
Alexandra Bentley DRE #02062959 abentley@lee-associates.com,
Lee & Associates
Source: CRMLS,MLS#: NDP2607619
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Coastline, Ocean
- Has water view: Yes
- Water view: Coastline,Ocean
Lot
- Size: 10,018 Square Feet
- Dimensions: 10,018
- Features: 16-20 Units/Acre, Near Park, Value In Land
Details
- Additional parcels included: 075112007
- Parcel number: 075112006
- Zoning: SR-H-20
- Zoning description: High Density Student Residential
- Special conditions: Standard
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban, Park
Location
- Region: Goleta
Financial & listing details
- Tax assessed value: $955,086
- Date on market: 8/13/2026
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
$2,436,500
$2.31M - $2.56M
$3,503/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $2,500,000 |
Source:  CRMLS #NDP2607619 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $955,086 +2% |
| 2025 | $10,706 +2.8% | $936,360 +2% |
| 2024 | $10,416 +2.5% | $918,000 +2% |
| 2023 | $10,164 +759.9% | $900,000 +1658.5% |
| 2022 | $1,182 +2% | $51,179 +2% |
| 2021 | $1,158 +1.7% | $50,177 +1% |
| 2020 | $1,139 +1.3% | $49,664 +2% |
| 2019 | $1,124 +1.4% | $48,691 +2% |
| 2018 | $1,109 +3.4% | $47,737 +2% |
| 2017 | $1,072 +5.5% | $46,802 +2% |
| 2016 | $1,016 -2.5% | $45,885 +1.5% |
| 2015 | $1,042 | $45,197 +2% |
| 2014 | $1,042 | $44,312 +2.5% |
| 2012 | -- | $43,248 +2% |
| 2011 | -- | $42,401 +0.8% |
| 2010 | -- | $42,085 -0.2% |
| 2009 | -- | $42,185 +2% |
| 2008 | -- | $41,358 +2% |
| 2007 | -- | $40,548 +2% |
| 2006 | -- | $39,754 +2% |
| 2005 | -- | $38,975 +3.9% |
| 2003 | -- | $37,512 +2% |
| 2002 | -- | $36,777 +2% |
| 2001 | -- | $36,057 +2% |
| 2000 | -- | $35,351 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 93117
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