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2347 Shelby Street, SUMMERLAND, CA 93067

New Listing
$2,800,000
Property Type: Res Bedrooms: 5 Baths: 7 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $2,800,000 List Date: 7/20/2026 Last Modified: 7/21/2026

Overview

Description

Owner-user investment opportunity in the heart of Summerland. This vacant ocean-view penthouse is part of a four-unit property and creates a rare opportunity to live in the premier unit while benefiting from income-producing rental apartments below. The penthouse features 2 bedrooms, 2 bathrooms, and an exceptional approx. 800 sq ft panoramic ocean-view deck designed for indoor-outdoor coastal living. The remaining units include one studio and two 2-bedroom, 1.5-bath townhouse-style apartments. Set on a street-to-street lot, the property offers additional long-term upside through thoughtful improvements, enhanced outdoor spaces, and continued optimization of the existing rental configuration. A compelling Summerland opportunity for buyers seeking ocean views, flexibility, income potential,

Supplements: and future value creation in one of the South Coast's most charming coastal communities.

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Listing Details MLS# 26-2394

Location Info

District
05 - CARPINTERIA-SUMMERLAND
Street #
2347
Street Name
Shelby
Street Suffix
Street
State
CA
Country
US
Postal Code
93067
County
Santa Barbara
Parcel Number
005-144-005
Cross Street
Valencia
Development Name
Summerland

Contract Info

Price
2800000
Seller Consider Concessions
Yes
Affordable Housing
No
Begin Date
2026-07-20

Property Information

TYP
Home/Estate
Total Bedrooms
5
Total Bathrooms
7
Total Full Baths
5
Total Half Baths
2
Year Built
1973
Source
Public Records
Apx # Acres
0.14
ADU
No
Recurring Fees
No

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
3
Deposit Type
%

Neighborhood/Schools

Elementary School
Summerland
Junior High School
Carp. Jr.
High School
Carp. Sr.

More Information

Condition

Good
Yes

Style

Cape Cod
Yes

Construction

Tri-Level
Yes
Outside Stairs
Yes

Foundation

Raised
Yes

Parking/Garage

Garage
Yes
Carport
Yes
Total # Carport Spaces
4
Total # Garage Spaces
2

Patio and Porch Features

Deck
Yes

Location/Topo

Hilly
Yes

View

Ocean
Yes
Mountain(s)
Yes
City
Yes
Harbor
Yes
Beach
Yes
Park/Greenbelt
Yes
Wooded
Yes
Panoramic
Yes
Coastline
Yes
Islands
Yes

Proximity

Near Ocean
Yes
Near Park(s)
Yes
Near Restaurants
Yes
Near School(s)
Yes
Near Shopping
Yes

Laundry

Laundry Room
Yes

Zoning

Other
Yes

Terms

Cash
Yes
Conventional
Yes

Property Features

Condition: Good Style: Cape Cod Construction: Tri-Level; Outside Stairs Foundation: Raised Patio and Porch Features: Deck View: Ocean; Mountain(s); Harbor; Beach; Park/Greenbelt; Wooded; Panoramic; Coastline; Islands Proximity: Near Ocean; Near Park(s); Near Restaurants; Near School(s); Near Shopping Laundry: Laundry Room Zoning: Other Terms: Cash; Conventional

Room Information

Room Name Level
Garage First
IDX
Listing Office: Berkshire Hathaway HomeServices California Properties
Last Updated: July - 21 - 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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