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$1,299,500

Listing Price

2beds

1baths

862sqft

7,405sqft lot

509 Coronel Pl, Santa Barbara, CA 93101

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

1459.16

Price / sqft

1881

Year built

Home Details

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 propertys value are vast. With Santa Barbaras 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 Barbaras evolving housing landscape.

Interior Details

Square Feet
  • 862

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 7405

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,497

$316,201

$105,392

--%

$421,593

2019

$4,419

$310,001

$103,326

--%

$413,327

2018

$4,356

$303,923

$101,300

--%

$405,223

2017

$4,212

$297,964

$99,314

--%

$397,278

2016

$4,182

$292,122

$97,367

--%

$389,489

2014

$4,070

$282,099

$94,027

--%

$376,126

2013

$4,052

$280,825

$93,603

--%

$374,428

2012

$3,813

$275,319

$91,768

--%

$367,087

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Average Home Price in 93101

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$418,066

1 Beds

1 Baths

777 Sqft

526 Lot (sqft)

Sold 07/07/2026

$459,156

2 Beds

2 Baths

956 Sqft

0 Lot (sqft)

Sold 06/17/2026

$1,500,000

3 Beds

3 Baths

900 Sqft

3,049 Lot (sqft)

Sold 10/12/2026

$1,065,161

2 Beds

1 Baths

914 Sqft

3,049 Lot (sqft)

Sold 10/26/2026

$1,795,000

2 Beds

1 Baths

930 Sqft

13,504 Lot (sqft)

Sold 10/26/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,299,500
$
Down payment
259,900
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,797
$
HOA (Monthly)
0
$
PMI
0
$
$8,412
Your Payment
Total Monthly Payment:$8,412
Percent of Income:144%
Affordable:No

Details for 509 CORONEL PL

Property Debt

Foreclosure Contact Details