2347 Shelby Street, SUMMERLAND, CA 93067
$2,995,000
Property Type:
Res Inc
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$2,995,000
List Date:
3/30/2026
Last Modified:
4/15/2026
Description
SPECTACULAR OCEAN VIEW PROPERTY! Four-unit complex in the heart of Summerland featuring unobstructed ocean and Channel Island views from every single unit. The crown jewel of this property is the sprawling upstairs 2-bedroom, 2-bathroom Penthouse, which boasts a massive 800+ sq. ft. private sun deck--the ultimate venue for sunset entertaining. Designed for the discerning owner-user or high-yield investor, the property also includes two additional 2-bedroom 1.5-bath units with private view decks and a chic 1-bedroom studio. This asset has been meticulously maintained with a decade of premium upgrades, including a durable new Hardie board exterior (2020), high-efficiency Navien hot water and boiler systems (2021), new roofing (2016), modernized interior remodel with designer kitchens,
Supplements: luxury flooring (2019-2020), installed a murphy bed, cabinetry and sofa in unit 3 (2022), rebuilt balconies and stairs (2025-2026), and new asphalt driveways (2026) Whether you're seeking a serene coastal retreat with significant rental income or a turnkey vacation rental portfolio, this rare Summerland gem offers an unrivaled blend of sophisticated lifestyle and structural integrity.
More Information MLS# 26-1008
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: V12
Cross Street: Valencia
District: 05 - CARPINTERIA-SUMMERLAND
Street #: 2347
Street Name: Shelby
Street Suffix: Street
State: CA
Postal Code: 93067
County: Santa Barbara
Parcel Number: 005-144-005
Property Information
Year Built: 1973
Stories: 3
Apx # Acres: 0.14
Units Furnished: None
Recurring Fees: No
Number of Units: 4
Neighborhood/Schools
Elementary School: Summerland
Junior High School: Carp. Jr.
High School: Carp. Sr.
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: new
Condition
Excellent: 1
Foundation
Mixed: 1
Miscellaneous
Parking Spaces: 6
Proximity
Near Ocean: 1
Near School(s): 1
Near Shopping: 1
Laundry
Laundry Room: 1
Some: 1
Amenities
Deck: 1
Fireplace: 1
Unit 1
# Units: 1
# Bedrooms: 2
# Baths: 1
# Half Baths: 1
Rent: 2800
M/M: 1
Monthly Total: 2800
Income/Expenses
Total Monthly Income: 11267
Water Expense: 175
Electric Expense: 200
Gas Expense: 151
Trash Expense: 79
Total Monthly Exp: 605
Heating
Heat Other: 1
Unit 2
# Units: 1
# Bedrooms: 2
# Baths: 1
# Half Baths: 1
Rent: 3092
Lease: 1
Monthly Total: 3092
Zoning
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Unit 3
# Units: 1
# Bedrooms: 1
# Baths: 1
Rent: 1700
M/M: 1
Monthly Total: 1700
Unit 4
# Units: 1
# Bedrooms: 2
# Baths: 2
Rent: 3675
M/M: 1
Monthly Total: 3675
Meters
Sep Meter Elec: Y
Parking Info
Carport: 1
Garage: 1
Attached: 1
Total # Carport Spaces: 4
Total # Garage Spaces: 2
Total # Unconvered Spaces: 4
Flr/Wdw Coverings
Carpet: 1
Wood/Laminate: 1
Tile: 1
Vinyl: 1
Pub Listing Details
None: 1
Owner Provides
Gas: 1
Water: 1
Exchange
Poss: 1
Contract Info
Current Price: $2,995,000
Price: 2995000
Begin Date: 2026-03-30
Status: Active
NeighborhoodSchools
Neighborhood: 05 - Summerland
Property Features
Unit 1: M/M
Unit 2: Lease
Unit 3: M/M
Unit 4: M/M
Condition: Excellent
Foundation: Mixed
Parking Info: Carport; Garage; Carport; Attached
Proximity: Near Ocean; Near School(s); Near Shopping
Laundry: Laundry Room; Some
Amenities: Deck; Fireplace
Heating: Heat Other
Owner Provides: Gas; Water
Zoning: Other
Exchange: Poss
Terms: Cash; Conventional
Listing Type: ER
Pub Listing Details: None
Documents
Listing Office:
Berkshire Hathaway HomeServices California Properties
Last Updated: April - 15 - 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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