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Listed price in listed location currency (USD).
$849,900

000

MLS® 26-554

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 12
Approx. Age 1949
MLS® Number 26-554

Property Address: 2968 Washington St, New Cuyama, CA, 93254

Average square foot calculated using Size range provided by listing agent.

Description

Fully operational fourplex in the heart of Cuyama Valley on a 0.56-acre lot along Highway 166. Four side-by-side units of approx. 510 sq. Ft. Each (approx. 2, 040 sq. Ft. Total). Three remodeled units generate active short-term rental income; the fourth offers value-add or owner-user potential. Upgrades include Starlink internet, EERO mesh WiFi, smart locks, and security system. Zoned DR-6 per Santa Barbara County. Buyer to verify use, STR status, and development potential. Ideal for investors or 1031 exchange buyers seeking income and long-term upside. Income & Operations The property is currently operating as a short-term rental asset. Financial documentation and booking summaries are available upon accepted offer. Infrastructure supports remote and efficient management, including: " Starlink high-speed internet " EERO mesh WiFi routers in each unit " Yale Assure 2 smart locks " Six-camera Swann security system with back up This setup allows for streamlined operations and reduced on-site management requirements. Location & Demand Drivers The property benefits from proximity to: " Carrizo Plain National Monument " Los Padres National Forest " The historic Buckhorn Hotel & Restaurant " Film production activity in the Cuyama Valley corridor " Growing dark-sky and desert tourism demand " L88 Landing strip for private aircraft " Quail Springs Permaculture " Blue Sky Center and more. New Cuyama continues to attract visitors seeking rural California experiences, outdoor recreation, and quiet desert retreat settings. Zoning & Development Zoned DR-6 (Design Residential) per Santa Barbara County. Existing fourplex is an established residential / commercial use. Buyer to independently verify: " Short-term rental permissibility " ADU eligibility " Future development potential " Any overlay or use restrictions Water Basin Disclosure The property lies within the adjudicated Cuyama Groundwater Basin. Buyer to independently verify water use regulations, well capacity (if applicable), and any irrigation or development limitations. Value-Add Potential Opportunities may include: " Completion and activation of the fourth unit " Optimization of ADR and occupancy " Branding and direct booking growth " Mid-term rental positioning " Outdoor programming enhancements " Strategic repositioning as boutique desert compound Ideal Buyer Profile This property may appeal to: Investors seeking stabilized short-term rental income 1031 exchange buyers seeking smaller replacement assets Owner-operators seeking lifestyle and income flexibility Buyers looking for long-term appreciation in an emerging rural corridor The Dew Drop Inn represents a rare opportunity to acquire an income-producing asset with lifestyle optionality in one of California's most authentic desert valleys. Financials and additional operational details available upon accepted offer with POF for full purchase price.
MLS® Number26-554
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelOther
Exposure
Exterior
GarageNo
Approx. Age1949
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 19, 2026List Date
$849,900List Price
  • Commute

Commute

Starting Address
Destination Address
2968 Washington St, New Cuyama, CA

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