OFF MARKET

Off Market May 2021 for $2.3M

$3,181,942

Est. refi paymentEst. refi $15,089/mo

•

2,866

sq ft

331 Sherman Rd, Santa Barbara, CA 93103

About this home

This newly constructed, turn-key, custom-built 3 BD /3 BA home (plus bonus room/office) has a stunning, modern design, showcasing expansive mountain views from every room of the house and all three private balconies. The open-concept living space has an abundance of natural light and features 10' ceilings and 9' foot sliding doors. The gourmet kitchen has a beautiful center island with bar seating, a prep sink, and a wine fridge. Two bedrooms with attached baths are located on either side of the main living space behind double doors for privacy. The primary bedroom suite, located upstairs, is its own private, tranquil oasis, boasting a walk-in closet and luxurious bathroom with a soaking tub. The spacious bonus room upstairs, with over a dozen windows, allows you to watch the sunrise - ideal for a workout and/or a home office. The home was built with great attention to detail with 3-zone AC, walk-in pantry, solar power, whole-house water filter and additional water softener system, 36 caissons, 1700 square ft conditioned storage and has even been engineered for a possible elevator. The low-maintenance yard features a colorful array of native succulents and fruit trees, with plenty of room for outdoor dining. A great home for entertaining indoors and out. Situated close to Parma Park and within walking distance to 200 acres of open space and trails with ocean views. Located just moments from the Mission, downtown Santa Barbara, beaches and more.

Single-familyProperty Type

2012Year Built

10,454 sq ftLot Size

$1,110Est. Price/Sq.Ft.

2 car garageParking

Listed by Emily Termond •DRE #01845077 • Keller Williams Realty Santa Barbara

Bought with Karina Matic •DRE #01726170 • Berkshire Hathaway HomeServices California Properties

Bought with Ricardo Munoz •DRE #01505757 • Berkshire Hathaway HomeServices California Properties

Redfin checked: a minute ago

•Source:SBMLS #21-1163

Redfin Estimate

$3,181,942

$882K since sold in May 2021$131K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.8% higher than the average sale price ($2.93M) of 6 comparable homes.

SOLD AUG 11, 2026
$2,150,000
A
3 beds2.5 baths2,326 sq ft
830 Chelham Way, Santa Barbara, CA 93108
SOLD JUL 30, 2026
$2,100,000
B
3 beds2.5 baths2,547 sq ft
922 Roble Ln, Santa Barbara, CA 93103
SOLD APR 24, 2026
$2,785,000
C
3 beds2.5 baths2,569 sq ft
849 Alameda Padre Serra, Santa Barbara, CA 93103
SOLD AUG 28, 2026
$3,100,000
D
3 beds3.5 baths2,476 sq ft
1035 Coyote Rd, Santa Barbara, CA 93108
SOLD SEP 1, 2026
$4,215,000
E
3 beds2.5 baths2,987 sq ft
315 Calle Elegante, Santa Barbara, CA 93108
SOLD MAY 21, 2026
$3,205,250
F
3 beds2 baths2,406 sq ft
624 Las Alturas Rd, Santa Barbara, CA 93103

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Earn from this home

Sell

$1,360,528

Est. take-home

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Refinance

Est. cash available

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Rent

$10,839/mo

Redfin rental estimate

List your home for rent

Market trends in 93103, CA

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.0%

0.8% MoM

Median sale price

$1.6M

$115K MoM

Avg. days on market

69d

25 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN THU, 10AM TO 1PM
$1,315,000
3 beds2.5 baths1,669 sq ft
569 E Montecito St, Santa Barbara, CA 93103
OPEN THU, 10:30AM TO 1PM
$1,699,000
3 beds2 baths— sq ft
1014 E Ortega St, Santa Barbara, CA 93103
COMING SOON
$1,995,000
6 beds3.5 baths2,873 sq ft
1828 Loma St, Santa Barbara, CA 93103
COMING SOON
$1,995,000
— beds7316 baths1,348 sq ft
1830 Loma St, Santa Barbara, CA 93103
3D WALKTHROUGH
$2,979,000
3 beds3.5 baths2,179 sq ft
645 E Micheltorena St, Santa Barbara, CA 93103
$1,800,000
8 beds6 baths— sq ft
222 S Salinas St, Santa Barbara, CA 93103
See all

Provided by Redfin

Sale history for 331 Sherman Rd

Date

Event

Price

REDFIN #1

Jan 13, 2026

Rental Removed

$10,500

$4/sq ft

Dec 12, 2025

Price Changed

$10,500

$4/sq ft

Aug 29, 2025

Listed for Rent

$11,000

$4/sq ft

SBMLS #25-2518

Sep 8, 2025

Listing Removed

—

Jun 30, 2025

Listed

$2,895,000

$1,010/sq ft

SBMLS #21-1163

May 7, 2021

Sold

$2,300,000

$803/sq ft

Apr 8, 2021

Contingent

—

Mar 31, 2021

Listed

$2,195,000

$766/sq ft

SBMLS #96-3226

Sep 28, 2016

Listing Removed

—

Nov 4, 1996

Listed

$385,000

$134/sq ft

SBMLS #96-1528

Sep 28, 2016

Listing Removed

—

May 17, 1996

Listed

$399,000

$139/sq ft

SBMLS #95-3644

Sep 28, 2016

Listing Removed

—

Nov 8, 1995

Listed

$409,000

$143/sq ft

SBMLS #95-410

Sep 28, 2016

Listing Removed

—

Feb 3, 1995

Listed

$429,000

$150/sq ft

Public Records

May 16, 1997

Sold

$374,000

$130/sq ft

SBMLS #96-2867

May 16, 1997

Sold

$373,550

$130/sq ft

Apr 18, 1997

Listing Removed

—

Sep 27, 1996

Listed

$385,000

$134/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$26,392 (+1.7%)

$717,651 + $1,821,732

$2,539,383

2024

$25,939 (+1.9%)

$703,580 + $1,786,012

$2,489,592

2023

$25,467 (+1.8%)

$689,785 + $1,750,993

$2,440,778

2022

$25,028 (+197.8%)

$676,260 + $1,716,660

$2,392,920

2021

$8,404 (+1.1%)

$663,000 + $1,683,000

$2,346,000

2020

$8,316 (+1.8%)

$300,923 + $488,577

$789,500

2019

$8,169 (+1.5%)

$297,838 + $483,568

$781,406

2018

$8,051 (+3.4%)

$291,999 + $474,087

$766,086

2017

$7,783 (+1.8%)

$280,661 + $455,679

$736,340

2016

$7,647 (+1.1%)

$280,661 + $455,679

$736,340

2015

$7,561 (+1.7%)

$275,158 + $446,745

$721,903

2014

$7,438 (+0.5%)

$265,716 + $431,416

$697,132

2013

$7,404 (+175.4%)

$265,716 + $431,416

$697,132

2012

$2,689 (+28.0%)

$264,516 + $429,467

$693,983

2011

$2,100 (+0.7%)

$259,330

2009

$2,086 (−56.7%)

$201,874

2008

$4,820

$247,987 + $215,128

$463,115

Tax history for 331 Sherman Rd

Year

Property tax

Land + Additions

Assessment*

2025

$26,392 (+1.7%)

$717,651 + $1,821,732

$2,539,383

2024

$25,939 (+1.9%)

$703,580 + $1,786,012

$2,489,592

2023

$25,467 (+1.8%)

$689,785 + $1,750,993

$2,440,778

2022

$25,028 (+197.8%)

$676,260 + $1,716,660

$2,392,920

2021

$8,404 (+1.1%)

$663,000 + $1,683,000

$2,346,000

2020

$8,316 (+1.8%)

$300,923 + $488,577

$789,500

2019

$8,169 (+1.5%)

$297,838 + $483,568

$781,406

2018

$8,051 (+3.4%)

$291,999 + $474,087

$766,086

2017

$7,783 (+1.8%)

$280,661 + $455,679

$736,340

2016

$7,647 (+1.1%)

$280,661 + $455,679

$736,340

2015

$7,561 (+1.7%)

$275,158 + $446,745

$721,903

2014

$7,438 (+0.5%)

$265,716 + $431,416

$697,132

2013

$7,404 (+175.4%)

$265,716 + $431,416

$697,132

2012

$2,689 (+28.0%)

$264,516 + $429,467

$693,983

2011

$2,100 (+0.7%)

$259,330

2009

$2,086 (−56.7%)

$201,874

2008

$4,820

$247,987 + $215,128

$463,115

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

10,454 Sq. Ft.

Year renovated

2012

Sq. Ft.

2,866

Year built

2012

Style

Single Family Residential

County

Santa Barbara County

APN

019050024

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 17, 2026.

RS-1A

One-Family Residence Zone

This zone is intended to provide areas for single-unit housing on individual lots at appropriate low densities of one unit per legal lot with allowances for an Accessory Dwelling Unit or Two-Unit Residential Development when certain standards are met. Designators (e.g. -25, -15) refer to minimum lot size in thousands of square ft or, in the case of RS-1A, acres. The regulations for the RS Zone are intended to limit activities which would be inharmonious with or injurious to the preservation and character of a residential environment. Nonresidential uses are limited to those that support daily life of neighborhoods and complement surrounding residential development. Nonresidential uses are strictly limited in order to mitigate impacts associated with nonresidential uses such as: traffic, increased parking demand, light, glare, and noise.

Permitted uses

Include but are not limited to:

Agriculture
Livestock production
Garden center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Apr 16, 2020 • Final

Solar pv

Install a solar photovoltaic system with a solar array and an inverter on a single-family home. The system includes solar panels and a backup battery in the basement to serve as a supplemental electrical supply connected to the utility service.

Battery

Electrical

Solar

Mar 1, 2019 • Final

Historic permits

Grading

Pool and hot tub

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Features: Gar #2, Attached
Garage: Yes
Attached Garage: Yes

Interior

Virtual Tour Information

Bathroom Information
# of Bathrooms (Full): 3

Room Information
Office
Library/Study

Dining Information
Dining Area
Breakfast Bar

Interior Features
Laundry Features: Common Area
Appliances: Refrigerator, Tankless Water Heater, Dishwasher, Gas Stove, Microwave, Wtr Softener/Owned
Flooring: Carpet, Hardwood, Tile

Exterior

Exterior Features
Exterior Features: Fruit Trees, Yard Irrigation T/O, Drought Tolerant LND
Construction Materials: Stucco

Property Information
Architectural Style: Contemporary
# Of Buildings: 1
Property Sub Type: Home/Estate
Property Condition: Excellent
Levels: Two

Lot Information
View: Mountain(s)
Lot Features: Cul-De-Sac
Zoning: R-1

Utilities

Heating & Cooling
Cooling Available: Yes
Cooling: Ceiling Fan(s), Central Air
Heating Available: Yes
Heating: Forced Air

Location

School Information
Elementary School: Cleveland
Middle Or Junior School: S.B. Jr.
High School: S.B. Sr.

Location Information
Cross Street: Conejo

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,866
Stories: —
Lot Size: 10,454 square feet
Style: Single Family Residential
Year Built: 2012
Year Renovated: 2012
County: Santa Barbara County
APN: 019050024

Home facts updated by county records on Aug 17, 2026

Around this home

Schools

Cleveland Elementary School

Public K-6 • Assigned • 1.2mi

4/10

Santa Barbara Junior High School

Public 7-8 • Assigned • 1.4mi

3/10

Santa Barbara Senior High School

Public 9-12 • Assigned • 1.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

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

4/10 Fire Factor

0.93% chance of being in a wildfire in next 30 years

6/10 Heat Factor

10 days above 84° expected this year, 25 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 • 93103

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 5.7 hours in December, placing it above the U.S. average for solar exposure.

9.9 hrs

5.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$3.02M – $3.66M

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Land— sq ft

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New listings for sale in 93103

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OPEN THU, 10:30AM TO 1PM

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3 beds2 baths— sq ft

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COMING SOON

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— beds7316 baths1,348 sq ft

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3D WALKTHROUGH

$2,979,000

3 beds3.5 baths2,179 sq ft

645 E Micheltorena St, Santa Barbara, CA 93103

$1,800,000

8 beds6 baths— sq ft

222 S Salinas St, Santa Barbara, CA 93103

Home values near 331 Sherman Rd

Data from public records.

Address	Redfin Estimate
324 Sherman Rd, Santa Barbara, CA 3 Beds \| 3.5 Baths \| 2450 Sq. Ft.	$2,498,347
306 Sherman Rd, Santa Barbara, CA 3 Beds \| 2.5 Baths \| 3584 Sq. Ft.	$3,293,237

Address	Redfin Estimate
318 Sherman Rd, Santa Barbara, CA 3 Beds \| 2 Baths \| 1627 Sq. Ft.	$1,840,627
311 Sherman Rd, Santa Barbara, CA 3 Beds \| 2 Baths \| 1638 Sq. Ft.	$2,146,255

Address	Redfin Estimate
312 Sherman Rd, Santa Barbara, CA 3 Beds \| 2 Baths \| 2035 Sq. Ft.	$2,308,286
305 Sherman Rd, Santa Barbara, CA 5 Beds \| 3 Baths \| 2539 Sq. Ft.	$2,479,858

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 93103, CA

Sale history for 331 Sherman Rd

Tax history for 331 Sherman Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 93103

Home values near 331 Sherman Rd

More real estate resources