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2525 Banner Avenue, SANTA BARBARA, CA 93067

$2,225,000
Property Type: Res Bedrooms: 4 Baths: 3 Status: Closed
Current Price: $2,225,000 List Date: 6/07/2020 Last Modified: 2/13/2023

Description

Multi-Unit ocean view paradise with three separate living quarters, featuring panoramic and expansive views of the Channel Islands, Incredible sunsets, and the glimmering Pacific Ocean. This charming property consists of one 2bed/1bath unit, and two additional 1bed/1bath units. 2525 Banner Ave exudes the quintessential coastal lifestyle with a light, beachy decor and close proximity to beach access and all the attractions that Summerland has to offer. The property features three separate and private living quarters each with a separate exterior entrance, making the floorplan flexibility for many different lifestyles and needs. Live in one unit and rent out the others, or put the entire property to use as an incredible rental with great cash-flow potential.

Supplements: The "Sky" unit on the upper level features high vaulted ceilings, a stunning remodeled kitchen with quartz countertops and tile backsplash, ocean views from the master suite, remodeled master bath, skylights, a lovely outdoor deck with stunning ocean views, and exterior access to private outdoor spaces. The "Sand" unit located on the second level is cozy and inviting, and features one of the most alluring decks on the property. This one bedroom unit boasts a remodeled kitchen, expansive deck with outdoor seating overlooking incredible ocean views, and access to peaceful outdoor sitting areas in the backyard. The "Surf" unit on the lower level is the largest of the three units, featuring two bedrooms that receive incredible natural light and amazing ocean and island views. Easy access to the grass lawn in the front yard, perfect for soaking up the sun while enjoying the ocean breeze. Ideal vacation rental property, second home, or seaside retreat to social distance and work from home. Located just a short stroll away from Summerland's cafes, shops the beach, and minuted to Montecito's Lower Village!

More Information MLS# 20-2062

Location Info

District: 05 - CARPINTERIA-SUMMERLAND Street #: 2525 Street Name: Banner Street Suffix: Avenue State/Province: CA Postal Code: 93067 Compass Map: Santa Barbara Map Grid: V12 County: Santa Barbara Parcel Number: 005-203-002 Cross Street: Olive

Contract Info

Current Price: $2,225,000 Price: 2250000 Buyers Agent $/%: 2.5 Affordable Housing: No Begin Date: 2020-06-07 Status: Closed

Status Information

Sold Date: 2020-10-28 Sold Price: $2,225,000 Under Contract Date: 2020-09-30

Property Information

TYP: Home/Estate Total Bedrooms: 4 Total Bathrooms: 3 Total Full Baths: 3 Source: Other/See Remarks ADU: No Within City Limits: No Total #Units: 3 Recurring Fees: No

Neighborhood/Schools

Neighborhood: 05 - Summerland Elementary School: Summerland Junior High School: Carp. Jr. High School: Carp. Sr.

Remarks

COVID Showing Remarks: All showings by appointment with listing agent. CAR Mandatory Gov't Showing Requirements and Best Practices (BPPP). Prior to showing, send electronically to the listing agent the CAR PEAD-V form signed by all visitors. Persons visiting the property must agree to the Posted Rules for Entry (PRE) which is included in the MLS supplement section. Masks required. Hot Sheet Comment: new Geo Lat: 34.42012 Geo Lon: -119.593277

Owner Info

Deposit: 3

Property Features

Condition: Excellent Foundation: Pier & Post Exterior: Wood Siding; Wood Shingles Grounds/Landscaping: Deck; Patio Open; Lawn; Drought Tolerant LND Other Buildings: Other View: Ocean; Panoramic Location/Topo: Downslope Proximity: Near Bus; Near Ocean; Near School(s); Near Shopping Amenities: Cathedral Ceilings; Dual Pane Window; Guest Quarters; Other; Remodeled Bath; Remodeled Kitchen; Second Residence; Skylight Zoning: R-2 Terms: Cash; Ctnl

Documents

Listing Office: Village Properties
Last Updated: February - 13 - 2023
2525 Banner Avenue, SANTA BARBARA, CA 93067- MLS# 20-2062
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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