Address
2020-2024 De La Vina Street, SANTA BARBARA, CA
Price
$ 5,500,000
Property Attributes
  • MLS#261685
  • TypeSingle Family
  • Listing Status Active
  • CountySanta Barbara
  • CitySANTA BARBARA
  • Area20 - SB-WEST OF STATE
  • Zip93105
  • Style
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16918
  • Lot Size0.65 Acres
Data Source:
Santa Barbara MLS (SBAOR)
Property Description

Positioned along the highly desirable Upper De La Vina corridor, 2020 & 2024 De La Vina Street presents a rare opportunity to acquire a fully entitled 33-key boutique hotel development within one of Santa Barbara's most supply-constrained submarkets. The project strategically leverages existing improvements to significantly reduce development timelines and costs while delivering a highly efficient, well-located hospitality asset. The property currently consists of 16,918 SF of existing improvements across two office buildings situated on approximately 0.65 acres with ample on-site parking. See ''more'' Approved plans provide for spacious guest accommodations featuring a mix of single king and double queen guestrooms, in addition to eight extended-stay suites offering one-bedroom and two-bedroom layouts complete with full kitchens. The ideally central Santa Barbara location is approximately one mile from downtown, a half mile from Cottage Hospital, and just minutes from the Funk Zone and sandy beaches. The property also offers convenient access to Highway 101, allowing for approximately 15-minute travel times north and south to neighboring communities including Goleta, Isla Vista and Carpinteria. In addition, the surrounding neighborhood provides walkable access to numerous restaurants, retail amenities, and neighborhood services located just blocks from the property.

Price History
5/21/2026 Listed $5,500,000

General Features

Zoning C-2
Stories Count 3
Property Subtype Office
County Santa Barbara
Property Type Commercial Sale
Attached Garage false
Status Active
City SANTA BARBARA
MLS Area 20 - SB/WEST OF STATE
Lot Size Square Feet 28314
MLS Area Minor 20 - SB/WEST OF STATE
Standard Status Active

Exterior Features

Parking Features Other
Lot Size Area 28314
Building Area Total 16918
Lot Size Acres 0.65

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 93105

Price
AVG $2.36M
$5.5M