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  • $3,800,000

    1124 Castillo St, Santa Barbara, CA 93101

    2beds
    3baths
    3,459sqft
    Multi Family
    Built in 2020
    -- sqft lot
    $3,842,900 Zestimate®
    $1,099/sqft
    $4,241 Estimated rent

    Home value

    $3,842,900

    $3.46M - $4.27M

    $4,241/mo

    Zestimate® history
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    Owner options

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    $4,241/mo

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    $4,241/mo

    Rent Zestimate®

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    $23,740/mo

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    $23,740/mo

    Est. payment

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    What's special

    Newly constructed, boutique, short-term rental property in central downtown Santa Barbara location. Villa Castillo is a five-suite boutique short-term vacation rental property in downtown Santa Barbara, a half-mile to State Street and moments from the famed Funk Zone and white sand beaches. One of only a few fully permitted short term rental properties allowed in the downtown area, Villa Castillo was completed in May of 2020 with great attention to detail and has been meticulously maintained by the current owner. The property consists of two large 2BD/2BA suites, each with a full kitchen and their own private laundry, plus three studio suites, each with their own kitchenette and a shared laundry facility. All suites offer plentiful natural light, high ceilings, and modern, fully renovated interiors. Amenities include high-speed internet access, air conditioning, BBQs and Tesla charging station. This is a turnkey opportunity for the investor looking to expand their short-term rental portfolio and capitalize on the approximately 7.2 million visitors to Santa Barbara, or for a buyer looking for their pied-à-terre in Santa Barbara that not only supports their ownership costs but generates income on their investment.

    Zillow last checked: 7 hours ago

    Listing updated: October 15, 2025 at 06:12pm

    Listed by:

    Christos Celmayster 01342996,

    Hayes Commercial Group

    Bought with:

    Christos Celmayster, 01342996

    Hayes Commercial Group

    Source: SBMLS,MLS#: 25-953MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    Heating
    • GFA
    Appliances
    • Laundry: Laundry Room, In Unit
    Features
    • Flooring: Wood/Laminate
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,459 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Open
    • Uncovered spaces: 7
    Accessibility
    • Accessibility features: Customized Wheelchair Accessible
    Features
    • Stories: 1
    Lot
    • Size: 10,558 sqft
    • Features: Near Public Transit
    Details
    • Parcel number: 039212035
    • Zoning: R-4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Mixed
    Condition
    • Excellent
    • Year built: 2020

    Community & neighborhood

    Location
    • Region: Santa Barbara
    • Subdivision: 15 or 20 - Downtown

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    10/15/2025Sold$3,800,000-13.6%$1,099/sqft
    Source: SBMLS #25-953 Report a problem
    8/9/2025Pending sale$4,400,000$1,272/sqft
    Source: SBMLS #25-953 Report a problem
    5/21/2025Price change$4,400,000-5.4%$1,272/sqft
    Source: SBMLS #25-953 Report a problem
    3/6/2025Listed for sale$4,650,000$1,344/sqft
    Source: SBMLS #25-953 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: West Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: CLA
    • Middle: CLA
    • High: CLA

    Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.