509 Coronel Pl | Image 1
Virtual Tour

$1,299,500

Sold

2 years ago

509 Coronel Pl, Santa Barbara, CA

House

MLS® V1-24680

2 Bed

1 Bath

862 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 862 sqft
Garage Yes
Taxes 
Lot Size 0.17 acres
Approx. Age 1881
Avg. Price Per Sqft $1,507
MLS® Number V1-24680

Property Address: 509 Coronel Pl, SANTA BARBARA, CA, 93101-4597

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

Description

In conclusion, 509 Coronel Place represents an extraordinary real estate opportunity in Santa Barbara, offering a combination of immediate usability, strong income potential, and significant development possibilities. The existing 2-bedroom, 1-bathroom California cottage provides a move-in-ready option for an owner-user while offering ample room for expansion and redevelopment. The R-4 zoning designation allows for high-density residential construction, making this an attractive option for investors seeking to build multi-unit housing in a city with high demand and limited supply. Whether the goal is to develop a small apartment complex, luxury townhomes, or a mixed-use property, the possibilities for maximizing this property's value are vast. With Santa Barbara's real estate market continuing to thrive, now is the perfect time to invest in a property with such unique potential. 509 Coronel Place offers the rare combination of a prime location, flexible development options, and strong appreciation potential, making it one of the best investment opportunities available in Santa Barbara today. Whether for personal use, rental income, or large-scale development, this property stands out as a top-tier investment that will continue to increase in value over time, providing both financial rewards and the opportunity to contribute to Santa Barbara's evolving housing landscape.
MLS® NumberV1-24680
Laundry LevelElectric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageYes
Approx. Age1881
Basement
DrivewayDoor Single, Garage, Off Street, Other, Paved
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

None

Rooms

Bedroom 1:Not available
Bedroom 1:Not available
Bedroom 1:Not available
Other:Not available
Bedroom 1:Not available
Bedroom 1:Not available
Other:Not available
Kitchen:Not available

Price History

Aug 14, 2025End Date
$1,200,000Sold Price

Sold

Jul 17, 2024List Date
$1,299,500List Price
  • Commute

Commute

Starting Address
Destination Address
509 Coronel Pl, SANTA BARBARA, CA

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