324 W Cabrillo Boulevard, SANTA BARBARA, CA 93101 (MLS# 25-3173)

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324 W Cabrillo Boulevard, SANTA BARBARA, CA 93101

$4,950,000

Property Type: Res Bedrooms: 1 Baths: 1 Lot Size (sq. ft.): 7,350 Status: Active

Current Price: $4,950,000 List Date: 8/22/2025 Last Modified: 3/13/2026

Overview

Description

An exceptional investment opportunity across from the beach in Santa Barbara's coveted waterfront district. This mixed-use property features the renowned Toma Restaurant & Bar—one of the city's most celebrated dining destinations—and a charming single-family residence offering flexible use or rental income. Situated directly along Cabrillo Boulevard with stunning ocean views, this property lies just steps from the harbor, Stearns Wharf, and downtown. With its premier location and zoning, the site presents strong potential for future hotel development, making it ideal for investors or developers

Supplements: Development Potential 3,000 SF of additional nonresidential floor area may be developed per the City's Growth Management Program. Year Built Estimated 50+ years ago Tenant Toma Restaurant + SFR resident Parking None; legal non-conforming with credit for 13 spaces HVAC Yes Restrooms Three To Show Call listing agent

Listing Details MLS# 25-3173

Location Info

District: 20 - SB/WEST OF STATE
Street #: 324
Dir: W
Street Name: Cabrillo
Street Suffix: Boulevard
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: P13
County: Santa Barbara
Parcel Number: 033-091-006
Cross Street: Castillo St

Contract Info

Price: 4950000
Affordable Housing: No
Begin Date: 2025-08-22

Property Information

TYP: Home/Estate
Total Bedrooms: Yes
Total Bathrooms: Yes
Total Full Baths: Yes
Year Built: 2000
Source: Other/See Remarks
Apx Lot SqFt: 7350
ADU: No
Within City Limits: No
Total #Units: Yes
Recurring Fees: No

Remarks

Hot Sheet Comment: price

Neighborhood/Schools

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

Owner Info

Deposit: 0

More Information

Zoning

Other: Yes

Terms

OTHER/CLA: Yes

Property Features

Zoning: Other Terms: OTHER/CLA

Listing Office: Hayes Commercial Group

Last Updated: March - 13 - 2026

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