For sale

$5,100,000

Est. $32,710/mo —

•

—

sq ft

1315 Virginia Rd, Santa Barbara, CA 93108

About this home

Perfectly positioned in Montecito's sought-after Lower Village, 1315 Virginia Road places you just moments from the best of coastal living. Just a 5-minute walk to the iconic Coral Casino and Butterfly Beach, the property also sits within easy reach of the renowned restaurants and shops on Coast Village Road. Set on a single lot, the property features two beautifully maintained, single-level residences, each offering 2 bedrooms and 1 bathroom. Thoughtfully arranged as separate living spaces, the homes provide flexibility for a variety of uses, whether as a primary residence with guest accommodations or a dual-living setup. Both homes are turnkey, in excellent condition and are currently operating as successful short-term rentals, presenting a rare opportunity for immediate income generation in one of Southern California's most desirable coastal communities. Whether you're seeking a flexible investment, a vacation retreat, or a primary residence with additional living space, 1315 Virginia Road captures the essence of Montecito's beachside lifestyle in an unbeatable Lower Village location.

Single-familyProperty Type

9,147 sq ftLot Size

Listed by Tony Miller •DRE #01979251 • Compass

Listing updated: Aug 17, 2026 at 12:55pm

Redfin checked: 2 minutes ago

•Source:SBMLS #26-1191

Payment calculator

$32,710 per month

Principal and interest$26,463

Property taxes

$5,313

HOA dues

Home insurance

$935

Utilities

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Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

Montecito Union School

Public K-6 • Assigned • 0.9mi

10/10

Provided by GreatSchools

About

Waterfront

Waterfront, located between Stearns Wharf and East Beach, is a coastal and resort-style Santa Barbara neighborhood with a working harbor and palm-lined promenades. The neighborhood’s character concentrates around the Santa Barbara Harbor entrance at Cabrillo Boulevard and Harbor Way, where seafood counters, charter docks, and bike traffic set a salt-air tempo. Low-slung hotels, marina buildings, and beach cottages share the streetscape with wide views of the Channel. The Santa Barbara Maritime Museum, Santa Barbara Yacht Club, and Brophy Bros. anchor local tradition. Shoreline Park and the Cabrillo Bike Path frame daily routines with oceanfront walks and rides. Sunsets and sail masts define the horizon line.

Provided by Walk Score and Local Logic

Market insights

1315 Virginia Rd · $5,100,000

DAYS ON MARKET

The average home goes pending in 36 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median list price in this area is $1,039,647. (80% lower than this home)

PRICE DROP

19% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Two full bathrooms and two half bathrooms

Bathrooms
2 full bathrooms
2 half bathrooms

Sale and tax history for 1315 Virginia Rd

Sale History
Tax History

Date

Event

Price

SBMLS #26-1191

Apr 14, 2026

Listed

$5,100,000

SBMLS #26-1192

Apr 14, 2026

Listed

$5,100,000

+39

SBMLS #94-1929

May 4, 1995

Sold

$250,000

Apr 27, 1995

Listing Removed

—

Jun 2, 1994

Listed

$295,000

Year

Property tax

Land + Additions

Assessment*

2025

$6,607 (+1.3%)

$256,982 + $171,314

$428,296

2024

$6,525 (+1.3%)

$251,944 + $167,955

$419,899

2023

$6,444 (+1.0%)

$247,004 + $164,662

$411,666

2022

$6,381 (+1.4%)

$242,161 + $161,434

$403,595

2021

$6,291 (+0.7%)

$237,413 + $158,269

$395,682

2020

$6,249 (+7.4%)

$232,758 + $155,166

$387,924

2019

$5,820 (+27.4%)

$230,372 + $153,575

$383,947

2018

$4,569 (−21.8%)

$225,855 + $120,450

$346,305

2017

$5,841 (+3.8%)

$217,086 + $144,718

$361,804

2016

$5,625 (+6.4%)

$217,086 + $144,718

$361,804

2015

$5,285 (+1.1%)

$212,830 + $141,881

$354,711

2014

$5,226 (+0.3%)

$205,528 + $137,013

$342,541

2013

$5,211 (+2.2%)

$205,528 + $137,013

$342,541

2012

$5,101 (+1.4%)

$204,600 + $136,394

$340,994

2011

$5,033 (+6.3%)

$200,589 + $133,720

$334,309

2009

$4,733 (+9.0%)

$195,187 + $130,120

$325,307

2008

$4,341

$191,815 + $127,873

$319,688

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

9,148 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Other

County

Santa Barbara County

APN

009311016

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 17, 2026.

7-R-2

Two-Family Residential Zone

The R-2 zone is applied to areas appropriate for residential development in the form of two-family dwellings (duplexes) and to maintain a residential character similar to that of one-family neighborhoods. This zone is intended to ensure the compatibility of duplex development with surrounding multiple and one-family dwellings and neighborhoods.

Zone overlays

Highway 101 Corridor Overlay Zone

Permitted uses

Include but are not limited to:

Greenhouse / nursery
Community / recreation center
Housing-Single unit
Housing-Multiple units
Housing-Other
Waste transfer station
Lodging-Full service
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 86° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

8/10 Air Factor

13 unhealthy days expected this year, 13 days in 30 years

Provided by First Street

Historical weather

Santa Barbara, CA • 93108

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 1315 Virginia Rd

$4,769,089

$331K under list price of $5.10M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $3.2M to $5.3M.

SOLD AUG 10, 2026
$3,900,000 Last sold price
2 beds2.5 baths2,887 sq ft
1615 Overlook Ln, Santa Barbara, CA 93103
larger lot
SOLD DEC 17, 2025
$5,300,000 Last sold price
4 beds3 baths2,700 sq ft
931 Knapp Dr, Santa Barbara, CA 93108
larger lot
SOLD MAY 8, 2026
$4,790,000 Last sold price
3 beds3 baths1,963 sq ft
1022 Garcia Rd, Santa Barbara, CA 93103
larger lot
SOLD JUL 31, 2026
$4,500,000 Last sold price
2 beds2.5 baths2,131 sq ft
820 Summit Rd, Santa Barbara, CA 93108
larger lot
SOLD AUG 18, 2026
$3,175,000 Last sold price
3 beds4 baths2,310 sq ft
430 Alameda Padre Serra, Santa Barbara, CA 93103
larger lot
SOLD DEC 2, 2025
$3,990,000 Last sold price
5 beds4 baths3,027 sq ft
150 Cedar Ln, Santa Barbara, CA 93108
larger lot

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