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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

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

More Information MLS# 25-3173

Location Info

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

Contract Info

Affordable Housing: No Current Price: $4,950,000 Price: 4950000 Begin Date: 2025-08-22 Status: Active

Property Information

Year Built: 2000 Apx Lot SqFt: 7350 Total #Units: 1 Source: Other/See Remarks Recurring Fees: No ADU: No Within City Limits: No TYP: Home/Estate Total Bedrooms: 1 Total Bathrooms: 1 Total Full Baths: 1

Neighborhood/Schools

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

Owner Info

Deposit: 0

Remarks

Hot Sheet Comment: price Geo Lat: 34.408741 Geo Lon: -119.693617

Zoning

Other: 1

Terms

OTHER/CLA: 1

Property Features

Zoning: Other Terms: OTHER/CLA
Listing Office: Hayes Commercial Group
IDX
Last Updated: March - 13 - 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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