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220 W Figueroa Street, SANTA BARBARA, CA 93101

$1,400,000
Property Type: Res Bedrooms: 3 Baths: 2 Square Footage: 1,900 Lot Size (sq. ft.): 10,018 Status: Closed
Current Price: $1,400,000 List Date: 9/02/2025 Last Modified: 3/04/2026

Description

For the Investor/Developer. Only serious Buyers will be Considered. Proof of Funds required prior to Showings Exceptional opportunity in the heart of Santa Barbara's vibrant West Downtown district. Situated on a ~10,000 sq ft lot ( roughly 67'x150'), this property is zoned R-4, allowing for multi-unit/residential /Hotel development and offering tremendous potential for the savvy investor or developer. It's central location provides unmatched walkability to the Santa Barbara Courthouse, Sunken Gardens, restaurants, shopping, and transit, making it highly desirable for both rental and resale markets. This parcel represents one of the few remaining opportunities to build or redevelop in a core urban area where demand consistently outpaces supply.

Supplements: Whether you're looking to rehabilitate the existing structure or maximize the zoning to its highest and best use, the long-term upside is undeniable

More Information MLS# 25-3286

Location Info

Country: US Compass Map: Santa Barbara Map Grid: O12 Cross Street: De la Vina Walk Score: 96 Bike Score: 97 District: 20 - SB/WEST OF STATE Street #: 220 Dir: W Street Name: Figueroa Street Suffix: Street State: CA Postal Code: 93101 County: Santa Barbara Parcel Number: 039-221-019

Contract Info

Seller Consider Concessions: Yes Affordable Housing: No Current Price: $1,400,000 Price: 1625000 Begin Date: 2025-09-02 Status: Closed

Property Information

Year Built: 1895 Apx Lot SqFt: 10018 Apx # Acres: 0.23 Total #Units: 2 Apx Lot Size FxD: 67'x150' Main House SqFt: 1900 Source: Other/See Remarks Recurring Fees: No ADU: Yes ADU Count: 1 Within City Limits: Yes TYP: Home/Estate Total Bedrooms: 3 Total Bathrooms: 2 Total Full Baths: 2

Neighborhood/Schools

Elementary School: Peabody Junior High School: S.B. Jr. High School: S.B. Sr.

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: price Geo Lat: 34.419884 Geo Lon: -119.706318

Condition

Poor: 1 Fixer: 1

Style

Victorian: 1

Construction

Single Story: 1

Roof

Composition: 1

Foundation

Raised: 1

Exterior

Wood Siding: 1 Other: 1

Parking/Garage

RV Access/Parking: 1 Boat: 1

Other Buildings

Shed: 1 Barn: 1

Location/Topo

Level: 1

Fencing

Fenced: ALL: 1 Fenced: BCK: 1

View

Other: 1

Site Improvements

Unpaved: 1 None: 1

Proximity

Near Bus: 1 Near Hospital: 1 Near Park(s): 1 Near School(s): 1 Near Shopping: 1 Restaurants: 1

Rooms

Basement: 1 Den: 1 Family Room: 1 Ground Floor Bedroom: 1 Ground Floor Primary: 1 Other: 1 Primary Bedroom: 1

Dining

Dining Area: 1

Laundry

Not in-unit: 1

Appliances Included

Built-In Gas Oven: 1 Built-In Gas Range: 1 Dryer: 1 Gas Stove: 1 Refrigerator: 1 Washer: 1

Fireplace(s)

Dining Room: 1

Security

Smoke Detector(s): 1

Water/Sewer

S.B. Wtr: 1 Sewer Hookup: 1

Pets

Yes: 1

Handicapped Access

Ramp: 1

Zoning

R-4: 1 Other: 1

Reports Available

TDS: 1 Prelim: 1 NHD: 1

Terms

Cash: 1 Conventional: 1

Cooling

Window Unit(s): 1

Heating

Other: 1

Flr/Wdw Coverings

Carpet: 1 Hardwood: 1 Blinds: 1 Drapes: 1 Laminate: 1

Pub Listing Details

Standard: 1

ADU #1

Rent $: 0 Separate Address: 1 Type: ADU Attached: Yes Year Built: 1895 Beds: 1 Baths: 1

ADU1 Kitchen Features

Stove: 1 Refrigerator: 1 Sink: 1

Status Information

Sold Date: 2026-03-03 Sold Price: $1,400,000 Under Contract Date: 2026-01-30

NeighborhoodSchools

Neighborhood: 15 or 20 - Downtown

Property Features

Condition: Poor; Fixer Style: Victorian Construction: Single Story Roof: Composition Foundation: Raised Exterior: Wood Siding; Other Fencing: Fenced: ALL; Fenced: BCK Other Buildings: Shed; Barn View: Other Site Improvements: Unpaved; None Proximity: Near Bus; Near Hospital; Near Park(s); Near School(s); Near Shopping; Restaurants Rooms: Basement; Den; Family Room; Ground Floor Bedroom; Ground Floor Primary; Other; Primary Bedroom Dining: Dining Area Laundry: Not in-unit Appliances Included: Built-In Gas Oven; Built-In Gas Range; Dryer; Gas Stove; Refrigerator; Washer Fireplace(s): Dining Room Security: Smoke Detector(s) Cooling: Window Unit(s) Heating: Other Pets: Yes Handicapped Access: Ramp Zoning: R-4; Other Reports Available: TDS; Prelim; NHD Terms: Cash; Conventional Pub Listing Details: Standard ADU #1: Separate Address ADU1 Kitchen Features: Stove; Refrigerator; Sink
Listing Office: Village Properties
IDX
Last Updated: March - 04 - 2026
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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