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  • $2,550,000

    878 Paseo Ferrelo, Santa Barbara, CA 93103

    2beds
    1,348sqft
    Single Family Residence
    Built in 1925
    5,662 Square Feet Lot
    $2,558,700 Zestimate®
    $1,892/sqft
    $7,484 Estimated rent

    Home value

    $2,558,700

    $2.33M - $2.79M

    $7,484/mo

    Zestimate® history
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    What's special

    Now offered at an exceptional new price! Among the enduring works of renowned Santa Barbara architect Alex D'Alfonso, 878 Paseo Ferrelo stands as a beautifully preserved 1929 home that continues to reflect his timeless architectural vision. Set on one of the Lower Riviera's most desirable lanes, the home honors its original character while embracing the comforts of modern living. Enchanting wooden gates open to a whimsical secret garden, where a stone fountain, stately king palm, and mature plantings create a stunning arrival. Inside, sweeping ocean and island views, natural light, and D'Alfonso's signature windows and doors blur the line between indoors and out. Two beautifully appointed bedrooms and baths offer comfort and privacy. A custom kitchen, featuring a Bosch range and Sub-Zero refrigerator blends craftsmanship with everyday function. Newly installed central HVAC, Rinnai tankless water heater, copper gutters and downspouts, and the earthquake engineered foundation reflect the homeowners' thoughtful stewardship. A heated and cooled detached additional room with decorative Walker Zanger tile offers exceptional flexibility as a home office, art studio, or fitness area. This remarkable home reflects the kind of residence - we can only imagine - its architect envisioned--crafted with care, lovingly maintained, and filled with the kind of charm that simply cannot be manufactured. Complete maintenance records are available upon request.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Foley 01995513 805-252-2271,

    Berkshire Hathaway HomeServices California Properties

    Bought with:

    Non Member Agent

    Non Member Office

    Source: SBMLS,MLS#: 26-2169MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Radiant Floor
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Built-In Gas Range, Tankless Water Heater, Dishwasher, Disposal, Dryer, Washer
    • Laundry: Laundry Room
    Features
    • Flooring: Hardwood, Tile
    • Windows: Blinds
    • Has fireplace: Yes
    • Fireplace features: Living Room, Patio
    Interior area
    • Total structure area: 1,348
    • Total interior livable area: 1,348 sqft

    Property

    Parking
    • Parking features: Garage, Epoxy Finished Floor, Storage
    Features
    • Levels: Single Story
    • Patio & porch: Patio, Terrace
    • Exterior features: Fruit Trees, Yard Irrigation T/O
    • Fencing: Full
    • Has view: Yes
    • View description: Islands, Ocean, City, Harbor, Panoramic
    • Has water view: Yes
    • Water view: Islands,Ocean,Harbor
    Lot
    • Size: 5,662 Square Feet
    • Features: Near Public Transit
    Details
    • Parcel number: 029272001
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Raised
    • Roof: Tile
    Condition
    • Excellent
    • Year built: 1925

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $1,892/sqft
    • Tax assessed value: $1,948,878
    • Date on market: 7/1/2026
    • Cumulative days on market: 79 days
    • Listing terms: Conventional,Cash

    Price history

    DateEventPrice
    9/30/2026Sold$2,550,000-17.7%$1,892/sqft
    Source: SBMLS #26-2169 Report a problem
    9/18/2026Pending sale$3,100,000$2,300/sqft
    Source: SBMLS #26-2169 Report a problem
    7/28/2026Price change$3,100,000-8.3%$2,300/sqft
    Source: SBMLS #26-2169 Report a problem
    7/1/2026Listed for sale$3,379,000+103.6%$2,507/sqft
    Source: CLAW #26853309 Report a problem
    4/20/2018Sold$1,660,000-2.1%$1,231/sqft
    Source: Public Record Report a problem
    3/30/2018Listed for sale$1,695,000$1,257/sqft
    Source: Village Properties - 1 #18-837 Report a problem
    3/18/2018Pending sale$1,695,000$1,257/sqft
    Source: Village Properties - 1 #18-837 Report a problem
    3/9/2018Listed for sale$1,695,000+35.6%$1,257/sqft
    Source: Village Properties - 1 #18-837 Report a problem
    1/8/2015Sold$1,250,000-10.7%$927/sqft
    Source: Public Record Report a problem
    10/16/2014Listed for sale$1,399,000+19.6%$1,038/sqft
    Source: Village Properties #14-3242 Report a problem
    5/14/2010Sold$1,170,000-11%$868/sqft
    Source: Public Record Report a problem
    7/20/2007Sold$1,315,000$976/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,948,878 +2%
    2025$20,216 +1.8%$1,910,666 +2%
    2024$19,867 +1.9%$1,873,203 +2%
    2023$19,503 +1.8%$1,836,475 +2%
    2022$19,165 +2.4%$1,800,466 +2%
    2021$18,723 +1%$1,765,163 +1%
    2020$18,529 +2.9%$1,747,064 +3.2%
    2019$18,011 +27.6%$1,693,200 +28.2%
    2018$14,119 +3.4%$1,320,330 +2%
    2017$13,651 +2.3%$1,294,443 +2%
    2016$13,342 +1.7%$1,269,062 +1%
    2015$13,119 $1,256,611 +2%
    2014$13,119 $1,231,997 +2.5%
    2012-- $1,202,384 +2%
    2011-- $1,178,809 +7.2%
    2010-- $1,099,800 -6%
    2009-- $1,170,000 -11%
    2008-- $1,315,000 +191.1%
    2007-- $451,683 +2%
    2006-- $442,828 +2%
    2005-- $434,146 +3.9%
    2003-- $417,835 +2%
    2002-- $409,643 +2%
    2001-- $401,611 +2%
    2000-- $393,737
    Find assessor info on the county website

    Neighborhood: Lower Riviera

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Franklin
    • 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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    $2,558,700
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,558,700
    2% more
    +$51,174
    With Zillow Showcase(estimated)

    $2,609,874