509 Coronel PL Place Open House Save Request In-Person Tour Request Virtual Tour
Santa Barbara,CA 93101
OPEN HOUSE
Sun Apr 13, 1:00pm - 4:00pm
Key Details
Property Type Single Family Home
Sub Type Home/Estate
Listing Status Active
Purchase Type For Sale
Square Footage 862 sqft
Price per Sqft $1,622
MLS Listing ID 24-2353
Style Cal Cottage,Craftsman
Bedrooms 2
Full Baths 1
Originating Board Santa Barbara Multiple Listing Service
Year Built 1881
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 7405.0
Property Sub-Type Home/Estate
Property Description
Located in the heart of Santa Barbara, 509 Coronel Place presents an exceptional opportunity for both owner-users and investors looking to capitalize on the potential of an R-4 zoned lot, which allows for the development of multiple residential units in a city known for its strong real estate market and high demand for housing. This property currently features a charming 2-bedroom, 1-bathroom California cottage that exudes classic architectural charm and offers immediate livability while also serving as an excellent foundation for future development. Whether the goal is to enjoy the home as a primary residence while benefiting from rental income opportunities or to pursue a larger-scale investment project, the versatility of this property makes it one of the most desirable investment. Before any development can proceed, a comprehensive review of the zoning and planning regulations for 509 Coronel Place is essential. Santa Barbara has stringent guidelines to preserve its unique character and minimize environmental impact. Working closely with city planners to ensure compliance and secure approvals is critical.
Developers may also need to engage with the community to address concerns about density, traffic, or aesthetic impact. Transparent communication and a thoughtful approach to integrating the project with the surrounding neighborhood can help build support for the development.
Location
State CA
County Santa Barbara
Direction Take Cliff Dr. to Rancheria to Coronel
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Window Features Blinds
Laundry Laundry Room,In Unit
Exterior
Exterior Feature Dog Run,Fruit Trees,Fenced: ALL,Fenced: BCK
Parking Features Gar #1,Detached
Community Features Sidewalks,Street Lights
Garage Yes
Building
Lot Description Level,Near Public Transit
Foundation Raised,Pier & Post
Water SB Wtr
Architectural Style Cal Cottage,Craftsman
New Construction No
Others
Tax ID 037-180-012
Acceptable Financing Cash,Ctnl
Listing Terms Cash,Ctnl
Virtual Tour https://my.matterport.com/show/?m=CNPc4dqtRK8&mls=1