$8,800,000
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4,771 SqFt
SOLD DATE : 03/15/2022
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,771 sqft
Price per Sqft $1,851
Subdivision 20 - West Beach
MLS Listing ID 21-3772
Sold Date 03/15/22
Year Built 1937
Source Santa Barbara Multiple Listing Service
Property Description
The crown jewel of Santa Barbara's waterfront, ''El Palacio De La Reina'' is in the very best of locations - 1 block to the beach and 1 block to State St. Its recent renovation is a passion project masterpiece of authentic architectural restoration and gorgeous modern interiors, at a cost of ~$5.5M. The exquisite Spanish Colonial building is capped by a unique and luxurious owner's residence of nearly 2000 square feet. Each residence has its own exterior entrance, and the 3 smaller apartments are finished with the same high-quality designer touches as the owner's home. Works as income generation for long-term or short-term (currently allowed) beach area rentals, or for guests on-and-off, there are many options for use or investment. Offering Memorandum in Documents, do not disturb tenants
Location
State CA
County Santa Barbara
Community 20 - West Beach
Interior
Heating GFA
Exterior
Parking Features Unc #4
Building
Lot Description Near Public Transit
Foundation Raised
New Construction No
Others
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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