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1240 W Micheltorena St, Santa Barbara, CA, 93101

$799,999

0.14 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewHills, Mountain(s)
MLS #SW24201149
Lot Size0.14 Acres
StatusActive

About 1240 W Micheltorena St

MAJOR PRICE REDUCTION!!! Don't miss this opportunity to build your dream home or embrace this rare opportunity as a builder/investor. RTI permit! Seller financing available, call for details. This beautifully designed 2,720 sqft (537sqft garage) modern and contemporary masterpiece awaits you. Nestled amongst the trees near the end of a cul de sac, you'll feel like royalty as the elevator whisks you up to the rooftop deck of this three-level gem. Boasting 950sqft total exterior square footage, levels two and three also have walk out balconies in this open floor plan. They take full advantage of the gorgeous views of the mountain, mission or city by day, and starlit skies at night. Just minutes from the beach, marina and state street, the lot is centrally located to amazing schools, universities, incredible hikes and all that Santa Barbara has to offer! Those who know Santa Barbara know just how coveted and rare new construction homes are here, with only two homes currently for sale built within the last five years! Whether you are looking to build your forever home or capitalize on the approved plans as a builder/investor, this is an opportunity you don't want to miss! Save years of time and hundreds of thousands of dollars designing and approving plans and start building your dream home today!

Property Details

Property Features

Listing Office:

  • Office Name: Kielty Realty
  • Office Phone: (949) 637-0083
  • Listing Agent: William Sinon

Exterior Features

Exterior Information:

  • View: Hills, Mountain(s)

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: US101 exit Carrillo St, turn south towards ocean. Right turn on San Andres, left turn on Micheltorena

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,999

Tax Information:

  • Annual Amount: $1,020
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Barbara, CA.

Med. Sold Price

$2.1M

Med. Price/SqFt

$1,240

Avg. Days On Market

43

# of Sold Homes

86

1240 W Micheltorena St vs Santa Barbara

54 DAYS ON ROCKET

+11 Days

$799,999

-$1.3M Less

KEY TAKEAWAY

This property is $1.3M less than the Median Sold Price in Santa Barbara, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW24201149

Listing Office:

  • Office Name: Kielty Realty
  • Office Phone: (949) 637-0083
  • Listing Agent: William Sinon

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 22, 2021Home Sold
$235,000
Aug 31, 2016Home Sold
$90,000
Jul 16, 2001Home Sold
$79,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,020$96,497
2020$1,020$95,508

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-196133
6
/10
  • Harding University Partnership School

  • 1625 Robbins St

  • 0.22 miles

  • Public District Grades PK-6

school-card-donut-196134
5
/10
  • Monroe Elementary School

  • 431 Flora Vista Dr

  • 0.81 miles

  • Public District Grades KG-6

school-card-donut-196135
5
/10
  • Santa Barbara Community Academy

  • 850 Portesuello Ave

  • 0.83 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,622. The majority of Santa Barbara, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 W Micheltorena St

What is the listing price of this property?

The listing price of 1240 W Micheltorena St property is $799,999.

What type of property is this?

The property 1240 W Micheltorena St is land located in Santa Barbara, California, 93101.

Is this property for sale now?

Active Listing: 1240 W Micheltorena St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,020 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 22, 2021 for $235,000. (source: MLS/tax record).

How much acreage is this property?

The property 1240 W Micheltorena St is 0.14 acres.
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Rocket HomesCaliforniaSanta Barbara CountySanta Barbara931011240 W Micheltorena St

This home is located at 1240 W Micheltorena St in Santa Barbara, CA and zip code 93101 in the Alta Mesa neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $799,999.

In October 2024, from all listings sold in Santa Barbara, CA there were more than 20 sold above asking price, over 56 sold below and more than 10 were sold right at the asked price. The number of homes for sale in Santa Barbara, CA increased by 7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $2,129,415, while the average time on the real estate market was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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