USACASanta Barbara509 Coronel Pl
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$1,200,000

509 Coronel Pl, Santa Barbara, CA

House

Sold

$--,---,---
$1,299,500
212
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 862 sqft
Garage Yes
Taxes 
Lot Size 
Approx. Age 1881
Avg. Price Per Sqft $1,507
MLS® Number V1-24680

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

In conclusion, 509 Coronel Place represents an extraordinary real estate opportunity in Santa Barbara, offering a combination of immediate usability, strong income potential, and significant development possibilities. The existing 2-bedroom, 1-bathroom California cottage provides a move-in-ready option for an owner-user while offering ample room for expansion and redevelopment. The R-4 zoning designation allows for high-density residential construction, making this an attractive option for investors seeking to build multi-unit housing in a city with high demand and limited supply. Whether the goal is to develop a small apartment complex, luxury townhomes, or a mixed-use property, the possibilities for maximizing this property's value are vast. With Santa Barbara's real estate market continuing to thrive, now is the perfect time to invest in a property with such unique potential. 509 Coronel Place offers the rare combination of a prime location, flexible development options, and strong appreciation potential, making it one of the best investment opportunities available in Santa Barbara today. Whether for personal use, rental income, or large-scale development, this property stands out as a top-tier investment that will continue to increase in value over time, providing both financial rewards and the opportunity to contribute to Santa Barbara's evolving housing landscape.Show Description
MLS® NumberV1-24680
Laundry LevelElectric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Central VacNo
FireplaceNo
Acreage0.17
ExteriorBarbecue
GarageYes
Approx. Age1881
Basement
DrivewayDoor Single, Garage, Off Street, Other, Paved
Garage Spaces
HeatCentral, Forced Air, Natural Gas
A/CNone
Heating Fuel

Extras

None

Rooms

Show Details
Bedroom 1:Not available
Bedroom 1:Not available
Bedroom 1:Not available
Other:Not available
Bedroom 1:Not available
Bedroom 1:Not available
Other:Not available
Kitchen:Not available

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