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440 Por La Mar Drive, Santa Barbara

This ultra-rare waterfront-area 8-unit multi-family offering is just a few steps to Santa Barbara's best beach East Beach, and has been recently re-positioned for higher investor return potential. The property now has an investor-friendly 6 of 8 units under landlord control, almost impossible to find today. The apartments are all large 2-bed/1-bath, and at ~860sf each, big enough to support a 2nd bath addition for high-end luxury conversion. The units are currently held as mostly upgraded and furnished vacation rentals, in order to maintain maximum flexibility for the future for the next owner, while providing immediate cash flow. Offering Memorandum in Documents show pro-forma financials, and profitability as long-term beach-area luxury rentals should short-term rental use be curtailed.

This ultra-rare waterfront-area 8-unit multi-family offering is just a few steps to Santa Barbara's best beach East Beach, and has been recently re-positioned for higher investor return potential. The property now has an investor-friendly 6 of 8 units under landlord control, almost impossible to find today. The apartments are all large 2-bed/1-bath, and at ~860sf each, big enough to support a 2nd bath addition for high-end luxury conversion. The units are currently held as mostly upgraded and furnished vacation rentals, in order to maintain maximum flexibility for the future for the next owner, while providing immediate cash flow. Offering Memorandum in Documents show pro-forma financials, and profitability as long-term beach-area luxury rentals should short-term rental use be curtailed.

440 Por La Mar Drive, Santa Barbara

Listing courtesy of Berkshire Hathaway HomeServices California Properties.

118 Por La Mar Circle, Santa Barbara

Experience effortless coastal living in this beautifully positioned ground-floor 2 bedroom, 2 bath villa in the highly sought-after El Escorial community. Designed for both comfort and connection to the outdoors, this residence offers easy, single-level access and an expansive private patio--perfect for morning coffee, sunset unwinding, or seamless indoor-outdoor entertaining. Filled with a relaxed beachside ambiance, the home invites you to slow down and settle into the rhythm of Santa Barbara living. Whether you're searching for a full-time coastal retreat or the ideal second home escape, this villa delivers both convenience and inspiration. Located just moments from the sand, this gated community offers resort-style amenities including pool, spa, tennis, fitness center, and beautifully maintained grounds--all contributing to a lifestyle that feels like a permanent vacation. Priced to sell, this is an exceptional opportunity to own a piece of the coast in one of the area's most desirable enclaves.

2 Beds ⋅ 2 Baths

Experience effortless coastal living in this beautifully positioned ground-floor 2 bedroom, 2 bath villa in the highly sought-after El Escorial community. Designed for both comfort and connection to the outdoors, this residence offers easy, single-level access and an expansive private patio--perfect for morning coffee, sunset unwinding, or seamless indoor-outdoor entertaining. Filled with a relaxed beachside ambiance, the home invites you to slow down and settle into the rhythm of Santa Barbara living. Whether you're searching for a full-time coastal retreat or the ideal second home escape, this villa delivers both convenience and inspiration. Located just moments from the sand, this gated community offers resort-style amenities including pool, spa, tennis, fitness center, and beautifully maintained grounds--all contributing to a lifestyle that feels like a permanent vacation. Priced to sell, this is an exceptional opportunity to own a piece of the coast in one of the area's most desirable enclaves.

118 Por La Mar Circle, Santa Barbara

Listing courtesy of Compass.

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