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$1,410,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,676 Sq. Ft.
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This house is loaded with potential! 515 Mills Way is the value-add opportunity buyers have been waiting for in a prime coastal Goleta neighborhood.. Set on a generous lot minutes from UCSB, the beach, and Old Town Goleta, this 3-bed, 2-bath, 1,676 sq ft single-family home is ready for a new owner to make it their own. The oversized lot offers room to expand, entertain, or landscape to your taste -- a canvas that's increasingly hard to find in the area. Solid bones, unbeatable location, real upside. Sold as-is. Come with your contractor and your imagination.

Full Property Details for 515 Mills Way

General

  • Price: $1,410,000
  • Status: Active
  • Type: Single Family
  • Source: SBAOR
  • MLS ID: 26-1718
  • Updated: 7/29/2026
  • Added to Site: 70 day(s) ago

Interior

  • Fireplace: Yes
  • Fireplace(s): Gas
  • Flooring: Laminate, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Garage

Additional Information

  • Shared Amenities: Greenbelt

Parking

  • Parking Features: Garage

Location

  • Area: 30 - SB/GOL SOUTH
  • County: Santa Barbara
  • Subdivision: 30 - University Village
  • Cross Streets: Phelps Rd

School Information

  • Elementary School: Isla Vista
  • Middle School: Gol Valley
  • High School: Dos Pueblos

Community

  • Association: Yes

Utilities

  • Water: Goleta Wtr

Structural Information

  • # Buildings: 6
  • Architectural Style: Cal Cottage
  • Construction: Stucco
  • Exterior Const.: Stucco
  • Foundation: Slab
  • Roof: Composition
  • Square Feet: 1,676
  • Living Area: 1,676 Sq. Ft.
  • Year Built: 1968
  • Property Condition: Average

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276.4
  • Lot Size: .19
  • Lot Features: Level, Near Public Transit
  • Zoning: R-1

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 073-184-018

Listed by Berkshire Hathaway HomeServices California Properties

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Listing agent

— 515 Mills Way —

  • Berkshire Hathaway HomeServices California Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 515 Mills Way

School District:Goleta Union Elementary School District
NameGradesDistance
Isla Vista Elementary School
6875 El Colegio Road, Goleta, CA 93117
K-60.5 mi
Goleta Valley Junior High School
6100 Stow Canyon Road, Goleta, CA 93117
7-82.9 mi
Dos Pueblos Senior High School
7266 Alameda Avenue, Goleta, CA 93117
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 515 Mills Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/29/2026
Price Reduced
$1,410,000
-1.05%
MLS
7/07/2026
Price Reduced
$1,425,000
-1.72%
MLS
6/15/2026
Price Reduced
$1,450,000
-1.69%
MLS
5/25/2026
Listed
$1,475,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 515 Mills Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,051
—
$149,656
2%
2025
$2,051
7%
$146,722
2%
2024
$1,925
6%
$143,846
2%
2023
$1,817
4%
$141,027
2%
2022
$1,742
2%
$138,263
2%
2021
$1,714
2%
$135,553
1%
2020
$1,675
2%
$134,164
2%
2019
$1,647
2%
$131,535
2%
2018
$1,619
2%
$128,956
2%
2017
$1,594
1%
$126,429
2%
2016
$1,577
2%
$123,951
2%
2015
$1,541
3%
$122,090
2%
2014
$1,501
2%
$119,699
—
2013
$1,476
—
$119,159
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 515 Mills Way

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices California Properties

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515 Mills Way, Goleta, CA 93117 (MLS# 26-1718) is a Single Family property with 3 bedrooms and 2 full bathrooms. 515 Mills Way is currently listed for $1,410,000 and was received on June 15, 2026. Want to learn more about 515 Mills Way? Do you have questions about finding other Single Family real estate for sale in Goleta? You can browse all Goleta real estate or contact a Coldwell Banker agent to request more information.

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