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$2,195,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 1,850 Sq. Ft.
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Coastal living in one of Goleta's most sought-after neighborhoods. This beautifully updated 4BD/3.5BA home features wide-plank European oak floors and an open-concept great room with custom fireplace plus a built-in wet bar w/ wine fridge--made for entertaining. The chef's kitchen impresses with a waterfall-edge marble island, custom cabinetry and premium appliances, flowing to the dining area and patio through expansive bifold doors. Spacious primary suite offers patio access, custom closets and a spa-inspired bath with dual vanity and glass shower. Backyard oasis includes built-in BBQ/outdoor kitchen, fire pit lounge, hot tub and lush landscaping. Turnkey with indoor laundry, attached 2-car garage, and close to beaches, schools, shopping & dining. A true indoor/outdoor entertainer's home--open the bifold doors and let the patio and backyard become an extension of the living space. Outdoor kitchen, fire pit lounge and hot tub create a resort-style setting for weekend BBQs and sunset evenings. Prime Goleta location near the Preserve, beaches, parks, UCSB, and highly regarded schools.

Full Property Details for 516 Mills Way

General

  • Price: $2,195,000
  • Status: Active
  • Type: Single Family
  • Source: SBAOR
  • MLS ID: 26-219
  • Updated: 2/17/2026
  • Added to Site: 45 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Smart Thermostat
  • Fireplace: Yes
  • Fireplace(s): Living Room
  • Appliances: Refrigerator, Built-In Gas Range, Dishwasher, Disposal, Gas Stove, Microwave, Reverse Osmosis, Washer
  • Flooring: Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Improvements: PAved, Public, SideWalks, Street Lights, Cable

Exterior

  • Exterior Features: Lawn, Fruit Trees, Yard Irrigation T/O

Location

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

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Comm Area Maint

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air

Utilities

  • Water: Goleta Wtr

Structural Information

  • Architectural Style: Cal Cottage, Contemporary
  • Construction: Stucco
  • Exterior Const.: Stucco
  • Foundation: Slab
  • Roof: Composition
  • Square Feet: 1,850
  • Living Area: 1,850 Sq. Ft.
  • Year Built: 1967
  • Property Condition: Excellent

Lot Features

  • Property View: Mountain(s), Setting
  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,267
  • Lot Size: 8267
  • Lot Features: Level, Near Public Transit
  • Zoning: R-1

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Reports: Prelim
  • Property ID: 073-181-003

Listed by Evans Realty & Investments

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— 516 Mills Way —

  • Evans Realty & Investments

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 516 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 516 Mills Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$2,195,000
-4.36%
MLS
1/21/2026
Listed
$2,295,000
9.29%
MLS
10/12/2023
Sold
$2,100,000
—
Public Record
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 516 Mills Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,932
2%
$2,142,000
2%
2024
$22,426
69%
$2,100,000
71%
2023
$13,289
879%
$1,225,000
1104%
2022
$1,357
2%
$101,739
2%
2021
$1,335
2%
$99,745
1%
2020
$1,306
2%
$98,723
2%
2019
$1,286
2%
$96,788
2%
2018
$1,264
1%
$94,891
2%
2017
$1,246
1%
$93,031
2%
2016
$1,239
3%
$91,208
2%
2015
$1,206
3%
$89,839
2%
2014
$1,171
2%
$88,080
—
2013
$1,148
—
$87,683
—
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.

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Listed by Evans Realty & Investments

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516 Mills Way, Goleta, CA 93117 (MLS# 26-219) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 516 Mills Way is currently listed for $2,195,000 and was received on January 21, 2026. Want to learn more about 516 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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