Santa Barbara, CA 93101

$4,600,000
3,459
SqFt

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List Price
$4,600,000
Status
ACTIVE
MLS#
26-3148
Living Area
3,459
Region
SB/WEST OF STATE
Year Built
2020

Property Description

Newly constructed, boutique, short-term rental property in central downtown Santa Barbara location. Villa Castillo is a five-suite boutique short-term vacation rental property in downtown Santa Barbara, a half-mile to State Street and moments from the famed Funk Zone and white sand beaches. One of only a few fully permitted short term rental properties allowed in the downtown area, Villa Castillo was completed in May of 2020 with great attention to detail and has been meticulously maintained by the current owner. The property consists of two large 2BD/2BA suites, each with a full kitchen and their own private laundry, plus three studio suites, each with their own kitchenette and a shared laundry facility. All suites offer plentiful natural light, high ceilings, and modern, fully renovat interiors. Amenities include high-speed internet access, air conditioning, BBQs and Tesla charging station. This is a turnkey opportunity for the investor looking to expand their short-term rental portfolio and capitalize on the approximately 7.2 million visitors to Santa Barbara, or for a buyer looking for their pied-à-terre in Santa Barbara that not only supports their ownership costs but generates income on their investment.

Additional Information

Elementary School
CLA
High School
CLA
Foundation
Mixed
Handicapped Access
Customized Wheelchair Accessible
Laundry
Laundry Room, In Unit
Living Area
3,459
Parking Garage
Outside
Region
SB/WEST OF STATE
Terms
Cash
Units
5
Zoning
R-4

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Calculator source: Real Geeks

Listing courtesy of Hayes Commercial Group.