1124 Castillo Street, SANTA BARBARA, CA 93101
$3,800,000
Property Type:
Res Inc
Square Footage:
3,459
Lot Size (sq. ft.):
10,558
Status:
Closed
Current Price:
$3,800,000
List Date:
3/06/2025
Last Modified:
10/16/2025
Description
Newly constructed, boutique, short-term rental property in central downtown Santa Barbara location. Villa Castillo is a five-suite boutique short-term vacation rental property in downtown Santa Barbara, a half-mile to State Street and moments from the famed Funk Zone and white sand beaches. One of only a few fully permitted short term rental properties allowed in the downtown area, Villa Castillo was completed in May of 2020 with great attention to detail and has been meticulously maintained by the current owner. The property consists of two large 2BD/2BA suites, each with a full kitchen and their own private laundry, plus three studio suites, each with their own kitchenette and a shared laundry facility.
Supplements: All suites offer plentiful natural light, high ceilings, and modern, fully renovated interiors. Amenities include high-speed internet access, air conditioning, BBQs and Tesla charging station. This is a turnkey opportunity for the investor looking to expand their short-term rental portfolio and capitalize on the approximately 7.2 million visitors to Santa Barbara, or for a buyer looking for their pied-à-terre in Santa Barbara that not only supports their ownership costs but generates income on their investment.
More Information MLS# 25-953
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: O12
Cross Street: Anapamu St
Walk Score: 92
Bike Score: 85
District: 20 - SB/WEST OF STATE
Street #: 1124
Street Name: Castillo
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 039-212-035
Contract Info
Seller Consider Concessions: Yes
Current Price: $3,800,000
Price: 4400000
Begin Date: 2025-03-06
Status: Closed
Property Information
Year Built: 2020
Stories: 1
Apx Lot SqFt: 10558
Main House SqFt: 3459
Recurring Fees: No
Number of Units: 5
Neighborhood/Schools
Elementary School: CLA
Junior High School: CLA
High School: CLA
Owner Info
Deposit: 139500
Remarks
Hot Sheet Comment: price
Condition
Excellent: 1
Foundation
Mixed: 1
Miscellaneous
Parking Spaces: 7
Proximity
Near Bus: 1
Near Hospital: 1
Near Ocean: 1
Near Park(s): 1
Near Shopping: 1
Laundry
In Unit: 1
Laundry Room: 1
Amenities
Fire Spkl: 1
Patio: 1
Cable TV: 1
Washer: 1
Dryer: 1
Unit 1
# Units: 2
# Bedrooms: 2
# Baths: 2
# Half Baths: 0
Furnished: Y
Rent: 0
M/M: 1
Monthly Total: 0
Heating
GFA: 1
Cooling
A/C Central: 1
Handicapped Access
Wheelchair Access: 1
Unit 2
# Units: 3
# Bedrooms: 0
# Baths: 1
Furnished: Y
M/M: 1
Zoning
R-4: 1
Terms
Cash: 1
Listing Type
ER: 1
Meters
Sep Meter Wtr: N
Sep Meter Elec: N
Sep Meter Gas: No
Parking Info
Outside: 1
Total # Unconvered Spaces: 7
Flr/Wdw Coverings
Wood/Laminate: 1
Contingent Remarks
SUBJ 2 INSPECT: 1
Owner Provides
Heat: 1
Elec: 1
Gas: 1
Water: 1
Trash: 1
Cbl TV: 1
Exchange
No: 1
Status Information
Sold Date: 2025-10-15
Sold Price: $3,800,000
Under Contract Date: 2025-08-08
NeighborhoodSchools
Neighborhood: 15 or 20 - Downtown
Property Features
Unit 1: M/M
Unit 2: M/M
Condition: Excellent
Foundation: Mixed
Parking Info: Outside
Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near Shopping
Laundry: In Unit; Laundry Room
Amenities: Patio; Washer; Dryer; Fire Spkl; Cable TV
Cooling: A/C Central
Heating: GFA
Handicapped Access: Wheelchair Access
Owner Provides: Heat; Elec; Gas; Water; Trash; Cbl TV
Zoning: R-4
Exchange: No
Terms: Cash
Listing Type: ER
Contingent Remarks: SUBJ 2 INSPECT
Listing Office:
Hayes Commercial Group
Last Updated: October - 16 - 2025
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