509 Coronel Pl, Santa Barbara, CA 93101
$1,399,000 Mortgage Calculator Active Single Family Residence
Property Details
About this Property
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 financ
MLS Listing Information
MLS #
CRV1-24680
MLS Source
California Regional MLS
Days on Site
299
Interior Features
Bedrooms
Ground Floor Bedroom
Kitchen
Other
Appliances
Other, Oven - Gas, Oven Range - Gas, Refrigerator
Dining Room
Formal Dining Room
Family Room
Other
Fireplace
None
Laundry
In Laundry Room, Other
Cooling
Ceiling Fan, None
Heating
Central Forced Air, Forced Air, Gas
Exterior Features
Roof
Composition
Foundation
Pillar/Post/Pier, Raised
Pool
None
Style
Cottage, Craftsman, Ranch
Parking, School, and Other Information
Garage/Parking
Garage, Off-Street Parking, Other, Garage: 1 Car(s)
Water
Other
Zoning
R-4
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
509 Coronel Pl is a Single Family Residence in Santa Barbara, CA 93101. This 862 square foot property sits on a 0 Sq Ft Lot and features 2 bedrooms & 1 full bathrooms. It is currently priced at $1,399,000 and was built in 1881. This address can also be written as 509 Coronel Pl, Santa Barbara, CA 93101.
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This listing information is up-to-date as of April 07, 2025. For the most current information, please contact Anthony Bordin, (805) 729-0527
