1124 Castillo Street, SANTA BARBARA, CA 93101 (MLS# 25-953)

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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

Overview

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 t ... (Read more)

Listing Details MLS# 25-953

Location Info

District: 20 - SB/WEST OF STATE
Street #: 1124
Street Name: Castillo
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 039-212-035
Cross Street: Anapamu St
Walk Score: 92
Bike Score: 85

Contract Info

Price: 4400000
Seller Consider Concessions: Yes
Begin Date: 2025-03-06

Status Information

Sold Date: 2025-10-15
Under Contract Date: 2025-08-08

Property Information

Number of Units: 5
Stories: Yes
Year Built: 2020
Main House SqFt: 3459
Apx Lot SqFt: 10558
Recurring Fees: No

NeighborhoodSchools

Neighborhood: 15 or 20 - Downtown

Remarks

Hot Sheet Comment: price

More Information

Owner Info

Deposit: 139500

Miscellaneous

Parking Spaces: 7

Unit 1

# Units: 2
# Bedrooms: 2
# Baths: 2
Furnished: Y
# Half Baths: 0
Rent: 0
M/M: Yes
Monthly Total: 0

Unit 2

# Units: 3
# Baths: Yes
Furnished: Y
# Bedrooms: 0
M/M: Yes

Meters

Sep Meter Wtr: N
Sep Meter Elec: N
Sep Meter Gas: No

Parking Info

Total # Unconvered Spaces: 7
Outside: Yes

Neighborhood/Schools

Elementary School: CLA
Junior High School: CLA
High School: CLA

Condition

Excellent: Yes

Foundation

Mixed: Yes

Proximity

Near Bus: Yes
Near Hospital: Yes
Near Ocean: Yes
Near Park(s): Yes
Near Shopping: Yes

Laundry

In Unit: Yes
Laundry Room: Yes

Amenities

Fire Spkl: Yes
Patio: Yes
Cable TV: Yes
Washer: Yes
Dryer: Yes

Heating

GFA: Yes

Cooling

A/C Central: Yes

Handicapped Access

Wheelchair Access: Yes

Zoning

R-4: Yes

Terms

Cash: Yes

Listing Type

ER: Yes

Flr/Wdw Coverings

Wood/Laminate: Yes

Contingent Remarks

SUBJ 2 INSPECT: Yes

Owner Provides

Heat: Yes
Elec: Yes
Gas: Yes
Water: Yes
Trash: Yes
Cbl TV: Yes

Exchange

No: Yes

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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