Sold
$1,587,500 · Jun 26, 2026

323 E Arrellaga Street, SANTA BARBARA, CA 93101

SANTA BARBARA CA 93101
3
Beds
2
Baths
1,570
Sq ft
Home/Estate
Type

Market context

Current area context for the sold price compared to active single-family homes in Santa Barbara ZIP 93101
Price vs. area median
34% below
Area median $2.4M
Price per sq ft
$1,011 / sq ft
Lower third of active single-family homes in Santa Barbara ZIP 93101 by price per sq ft
Days on market
23 days
Area homes typically sell in about 25 days
Rarity
1 of 5
Among active single-family homes in Santa Barbara ZIP 93101 under $1.75M
Buyer’sSeller’s
Market conditions
Seller's market
1.8 months of supply · single-family homes in Santa Barbara ZIP 93101
About 6 months is balanced — fewer favors sellers, more favors buyers.
Computed from 21 active single-family homes in Santa Barbara ZIP 93101 · current area data as of Jul 27, 2026

Sold property

Charming multi-family opportunity in Santa Barbara's beloved Upper East! This unique property features a character-rich 2-bedroom, 1.5-bath Craftsman main house, plus a fully self-contained attached studio unit with its own private entrance, laundry, and outdoor entertaining area. Set on a generous 0.24-acre R-3 zoned lot, this multi-family setup offers excellent flexibility for owner-occupants seeking extra space or investors looking for rental income and future development potential. The 1570sqft main house beautifully blends turn-of-the-century charm with classic built-ins and original fireplaces, while offering a modern, open, and light-filled layout. The primary suite features a generously sized walk-in closet and connects to a large rumpus room, currently unused and full of potential for updating and expansion. The fully finished 444 sq ft studio unit is perfect as a rental for supplemental income, a private guest suite, or a creative studio and workspace. There's also an oversized detached barn, ready to be transformed into a versatile hangout space, she-shed, or whatever your vision calls for. Nestled in the heart of Santa Barbara's beloved Upper East neighborhood, this charming home invites leisurely strolls along historic, tree-lined sidewalks. With the vibrant energy of downtown just minutes away, it delivers the perfect blend of timeless character, walkable convenience, and comfortable living.

Listed by Compass

Sale details