or 20 - Downtown Homes under $5 million

or 20 - Downtown Homes under $5 million

Our website features the best real estate search for homes, condos, land and foreclosure properties available in or 20 - Downtown and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest or 20 - Downtown Homes under $5 million

1011 Rinconada Road Unit B, Santa Barbara
$2,195,000
3 Beds ⋅ 3 Baths ⋅ Bella Vita BLDG.
Welcome to Casa Bellissimo, a private and peaceful residence just moments from the heart of downtown Santa Barbara. Set within Bella Vita, an intimate enclave of just eight Spanish Revival residences, the community evokes the charm of a Spanish village, with white stucco walls, terracotta rooflines, wrought-iron accents, solid wood doors, and colorful hand-painted tile creating a setting that feels like a vacation while remaining remarkably close to the best of downtown Santa Barbara. Inside, soaring ceilings, warm wood floors, tall windows, and abundant natural light complement the home's architectural character. A Spanish-style fireplace anchors the living room, while French doors open to two private patios. Upstairs, the spacious primary suite features a vaulted ceiling, walk-in clos Juliet balcony, and colorful tiled en-suite bath. A private two-car garage provides exceptional storage and everyday convenience. Designed by Cearnal Architects and built in 2003, Bella Vita received the AIA Vernacular Award for its interpretation of Santa Barbara's Spanish Colonial Revival heritage. Quiet and tucked away yet just moments from downtown, the Theatre District, acclaimed restaurants, boutique shopping, and cultural attractions, Casa Bellissimo offers a rare combination of privacy, architectural character, and everyday convenience within one of downtown Santa Barbara's most distinctive architectural communities.

1011 Rinconada Road Unit B, Santa Barbara

Listing courtesy of Berkshire Hathaway HomeServices California Properties.

622 & 624 W Valerio Street, Santa Barbara
$1,489,500
4 Beds ⋅ 2 Baths
2 houses 1 lot! This delightful DUPLEX presents a special opportunity to own two charming single-story 2BD/1BA residences, each with its own attached 1-car garage, w/laundry hookups, fenced front garden and private side patio. One residence offers an excellent owner-occupancy opportunity while the other provides existing rental income--an ideal blend of lifestyle, flexibility and investment potential. Recent improvements include a new roof, garage doors, gutters & downspouts. Unit #622 has refinished hardwood floors, new paint & window coverings. Each unit is separately metered for utilities. Conveniently located on a treelined street near shopping, downtown Santa Barbara and the beach. A rare opportunity to own a versatile Santa Barbara property. Delightful Santa Barbara Duplex, Centrally Located on a Tree-Lined Street! A wonderful opportunity to own a Santa Barbara duplex offering the privacy and functionality of two individual homes--combined with the income potential and flexibility of a multi-unit property. Welcome to 622 & 624 W. Valerio Street, an exceptionally appealing duplex featuring two separate 2-bedroom, 1-bath single-story residences, each designed to provide a true sense of independence and privacy. What sets this property apart is the thoughtful configuration of each residence. Each unit has its own attached one-car garage with laundry hookups, its own fenced front garden & lawn area, and its own private fenced side patio. Rather than feeling like a traditional apartment-style duplex, each residence offers many of the features buyers appreciate in a single-family home. One of the property's most compelling advantages is its flexibility. One unit currently offers an opportunity for a new owner to occupy that residence. The second unit is currently occupied, providing an existing rental income component. For an owner-occupant, this presents the possibility of living in one home while generating rental income from the other. For an investor, the property offers two separate 2-bedroom, 1-bath residences with desirable features that can contribute to long-term rental appeal. For a buyer seeking flexibility, the two-unit configuration provides options that a conventional single-family property simply cannot. WHY IS THIS DUPLEX IS DIFFERENT? Many duplexes offer shared outdoor areas, shared garages or limited parking and laundry facilities. Each residence has its own garage. Each residence has its own laundry hookups. Each residence has its own fenced front garden. Each residence has its own side patio. Each unit has separately metered water, gas & electric utilities. New roof, gutters & downspouts & garage doors ehance its overall value. Unit #622 has refinished hardwood floors, window coverings & paint. The result is a property that offers the convenience of two independent homes while maintaining the advantages of a single real estate investment. Multi-unit properties in Santa Barbara offer a particularly compelling combination of ownership flexibility and income potential. Finding one with two 2-bedroom residences, individual garages and private outdoor spaces make this property especially noteworthy. Whether you're looking to: " Live in one unit and rent the other " Build or expand a Santa Barbara investment portfolio " Own a property with multiple future-use possibilities " Combine personal use with rental income " Acquire a versatile multi-unit property in Santa Barbara That simple combination captures what makes this property special. 622 & 624 W. Valerio Street offer the opportunity to own two separate Santa Barbara residences in one property--with privacy, outdoor space, garages, laundry facilities and income-producing potential. A rare opportunity. A flexible investment. Two places to call home.

622 & 624 W Valerio Street, Santa Barbara

Listing courtesy of Coast and Valley Properties.

Start Your Search

How much is your home worth?

Get instant property value now!