1228 Olive Street, Santa Barbara, CA 93101

$1,536,000
2
BD
2
BA
860
SqFt

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Sold Price
$1,536,000
List Price
$1,599,000
Status
CLOSED
MLS#
26-1828
Closing Date
Aug 06, 2026
Property Type
Home/Estate
Bedrooms
2
Bathrooms
2
Living Area
860
Region
SB/EAST OF STATE
Year Built
1925

Property Description

Tucked onto a quiet, olive-tree-lined stretch of Santa Barbara's Lower Riviera, on the edge of the storied Bungalow Haven district, this beautifully reimagined 1925 cottage blends timeless Spanish character with a thoughtful, top-to-bottom renovation. Just east of State Street and an easy stroll to downtown shops and restaurants, Alameda Park, Alice Keck Park Memorial Garden, and the Mission, this is the kind of home that lets you live the Santa Barbara lifestyle the moment you set down your bags. Offering approximately 860 square feet of 2-bedroom, 2-bathroom living on a roughly 4,356 square foot lot, the home has been extensively updated with the Spanish architecture preserved. Step inside to a new kitchen with custom cabinets, new countertops, and tile backsplash; two remodeled bathrooms with new tile, vanities, toilets, faucets, and glass shower doors; new flooring, mouldings, and lighting throughout; and a tiled fireplace that anchors the living space with cozy character. Systems updates include electrical rewire, updated PEX plumbing, new AC, new tankless water heater, electrical panel upgrade, and new washer and dryer. Foundation work has been completed. Outside is where this home truly invites you to linger. A new pergola, two custom decks, and custom eyebrow pergolas over the front windows and rear slider create inviting spaces to gather, unwind, and soak in the coastal air. Fresh landscaping, new stucco, a new roof, new windows, and new front and back fencing give the home undeniable curb appeal, while custom-finished and painted front rockwork adds a distinctive welcome. A permitted rec room sits behind the finished one-car garage -- drywalled, wired, and epoxy-coated with a new garage door -- offering flexible space for a studio, office, or quiet retreat. The epoxy-coated driveway provides parking for up to four cars, a rare and valuable find this close to downtown. Seller is offering a 2-1 rate buydown with an acceptable offer -- significantly lower your payments for the first two years. Move-in ready and full of heart, this is a special opportunity to own a lovingly renovated piece of the Lower Riviera, one of Santa Barbara's most walkable, characterful neighborhoods.

Additional Information

Elementary School
Roosevelt
Middle School
S.B. Jr.
High School
S.B. Sr.
Acres
0.10
Condition
Updated/Remodeled
Construction
Single Story
Foundation
Raised
Living Area
860
Neighborhood
Lower Eastside
Region
SB/EAST OF STATE
Style
Cal. Cottage
Terms
Cash, Conventional, VA Loan
Zoning
R-3

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Listing courtesy of Noble Realty Brokerage. Selling Office: .