Summerland, CA 93067,2487 Banner AVE Avenue
Summerland, CA 93067,2487 Banner AVE Avenue
Summerland, CA 93067,2487 Banner AVE Avenue
Summerland, CA 93067,2487 Banner AVE Avenue
Summerland, CA 93067,2487 Banner AVE Avenue
Summerland, CA 93067,2487 Banner AVE Avenue
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$1,495,000

Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

6,098 Sqft Lot


SOLD DATE : 10/04/2023

Key Details

Property Type Single Family Home

Sub Type Home/Estate

Listing Status Sold

Purchase Type For Sale

Subdivision 05 - Summerland

MLS Listing ID 23-2169

Sold Date 10/04/23

Style Cal Cottage,Ranch,Craftsman

Bedrooms 2

Full Baths 2

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 6098.4

Property Sub-Type Home/Estate

Source Santa Barbara Multiple Listing Service

Property Description

Enjoy one of the last remaining original duplexes overlooking the Pacific Ocean in the picturesque town of Summerland, California. This exceptional property offers boundless potential and flexibility, making it an ideal investment opportunity or a perfect place to call home. Situated in the coveted Coastal Zone, this duplex opens the door to a world of possibilities. This property provides an exceptional space that serves as a lucrative income-generating asset. With its unique layout, you have the option to live in one unit and rent out the other, providing a steady stream of rental income. Plus a detached 3 car garage opens up more possibilities.
The property's true potential lies in its adaptability. The spacious lot size may allow expansion presenting an incredible opportunity for development. Whether you envision expanding the existing duplex or creating an entirely new structure as an ADU, the choice is yours. (buyer to verify) With the Coastal Zone designation, you can explore legal short-term rentals, further maximizing your income potential.
Located in a prime location near Summerland's charming downtown area. Take a leisurely stroll to local boutiques, restaurants, and cafes, immersing yourself in the relaxed coastal lifestyle. The nearby beaches beckon you to indulge in water activities or simply unwind on the sandy shores.
The property's strategic location also grants easy access to the region's renowned attractions. Explore the nearby Santa Barbara Riviera, where you can revel in stunning views or indulge in world-class shopping along State Street. The vibrant cultural scene, art galleries, and award-winning wineries further enrich the experience of living in this captivating coastal region.
Whether you're seeking a profitable investment or a coastal haven to call your own, this property offers the flexibility and income-generating possibilities that dreams are made of. Embrace the coastal lifestyle, embrace the opportunity - this duplex awaits your vision.

Location

State CA

County Santa Barbara

Community 05 - Summerland

Direction Hwy 101 exit Padaro. Turn towards the mountains. Left on Via Real, right on Olive St., left on Banner Ave. 3rd house on the left.

Interior

Heating Wall, Wall Furnace

Window Features Drapes,Blinds

Laundry None

Exterior

Exterior Feature Deck

Parking Features Gar #3, Detached

Garage Spaces 3.0

Total Parking Spaces 3

Garage Yes

Building

Lot Description Rolling Slope, Sloped Down

Foundation Raised

Architectural Style Cal Cottage, Ranch, Craftsman

New Construction No

Others

Tax ID 005-193-009

Security Features Smoke Detector(s)

Acceptable Financing Cash, Ctnl

Listing Terms Cash, Ctnl

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Listed by eXp Realty of California, Inc.
John Herkenrath

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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