For sale

$2,500,000

726 Castillo St, Santa Barbara, CA 93101

2beds

--sqft

$16,604/mo

Get pre-qualified

Single Family Residence

Built in ----

10,018 Square Feet Lot

$2,406,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Mountain viewsTwo separate bungalow studios

First time on the market in over 50 years! A unique opportunity for a developer builder to reimagine this property in downtown Santa Barbara. This property could be a fabulous opportunity for a family compound! Property sits on a large fairly flat approximately 10,000.00 +_sq.ft. lot with mountain views. The lot runs into Mission creek. It is zoned R3 multi-unit/hotel. 88 Walk score and 99 bike score paradise. Currently existing original size 2-bedroom 1-bathroom main home and two separate bungalow studios. They all need to be restored and renewed to their original charm. Opportunity to build-out parcel or re-build from scratch considering high density rules. Located near Santa Barbara's downtown, Funk zone, Harbor, Pier, local beaches and SBCC No financing. Appointment only.

66 days
239
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: 1
Area: 120
Dimensions: 12 x 10

Bedroom 2

Level: 1
Area: 130
Dimensions: 13 x 10

Dining room

Level: 1
Area: 100
Dimensions: 10 x 10

Living room

Level: 1
Area: 100
Dimensions: 10 x 10

Other

Description: Studio
Level: 1
Area: 144
Dimensions: 12 x 12

Other

Description: Studio
Level: 1
Area: 400
Dimensions: 20 x 20

Heating

None

Cooling

None

Appliances

Laundry: None

Features

Other
Flooring: Carpet, Laminate
Has fireplace: Yes

Interior area

Total structure area: 0

Property

Parking

Parking features: Drive Space
Has uncovered spaces: Yes

Features

Stories: 2
Entry location: Stairs to Entry
Fencing: Fenced Yard
Has view: Yes
View description: Hill/Peak/Mnt, Partial/Filtered
Waterfront features: Creek/Stream

Lot

Size: 10,018 Square Feet
Features: Level, Sidewalks, Street Lights, Curbs/Gutter

Details

Additional structures: Tool Shed
Parcel number: 037073022
Zoning description: Multi-Fam R3,Other,Res Multi-Family,Multi-Fam R4
Special conditions: Estate Sale,Agent Rel/Princ

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Partial
Roof: Composition

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Green verification: None
Energy efficient items: None
Energy generation: None

Community & HOA

HOA

Has HOA: No

Location

Region: Santa Barbara

Financial & listing details

Tax assessed value: $193,743
Date on market: 8/1/2026
Cumulative days on market: 67 days
Listing terms: Cash
Exclusions: Stove And Butcher Block Table
Road surface type: Paved

Estimated market value

$2,406,900

$2.29M - $2.53M

$5,529/mo

Price history

Date	Event	Price
8/1/2026	Listed for sale	$2,500,000
Source: SBMLS #26-2547 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$193,743 +2%
2025	$1,979 +1.8%	$189,945 +2%
2024	$1,943 +2%	$186,221 +2%
2023	$1,906 +1.9%	$182,571 +2%
2022	$1,871 +2.5%	$178,993 +2%
2021	$1,824 +1.1%	$175,484 +1%
2020	$1,804 +1.9%	$173,686 +2%
2019	$1,772 +1.5%	$170,281 +2%
2018	$1,745 +3.5%	$166,943 +2%
2017	$1,686 -2.4%	$163,670 +2%
2016	$1,728 +2.8%	$160,462 +1.5%
2015	$1,680	$158,053 +2%
2014	$1,680	$154,957 +2.5%
2012	--	$151,234 +2%
2011	--	$148,270 +0.8%
2010	--	$147,163 -0.2%
2009	--	$147,514 +2%
2008	--	$144,623 +2%
2007	--	$141,788 +2%
2006	--	$139,009 +2%
2005	--	$136,284 +3.9%
2003	--	$131,165 +2%
2002	--	$128,594 +2%
2001	--	$126,073 +2%
2000	--	$123,602