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$7,600,000 Just Listed
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Property Description
An exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from State Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone, the property offers both immediate income and long-term strategic upside. Casa Jardin was designed and has been operated as a staffless and keyless hotel similar to your typical Short Term Rental property making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Additionally, each room is approved as a separate condominium, allowing for the potential to sell units individually and unlock additional future value. The asset has undergone a comprehensive rebuild within the past three years, including all new building systems, and features thoughtfully designed interiors with a clean, modern aesthetic. Each unit is pet-friendly, fully furnished, and outfitted with high-quality finishes, top-tier appliances, and amenities tailored to both short- and extended-stay guests. Operations are seamlessly handled by ZenStay, a proven hospitality operator providing full-service management--from dynamic pricing and reservations to guest services, housekeeping, and maintenance. Their platform ensures institutional-quality oversight with transparent financial reporting, allowing for a truly passive ownership experience. Casa Jardin represents a rare blend of income, lifestyle, and future optionality in one of California's most supply constrained coastal markets.
Full Property Details
Full Property Details for 1018 Garden St
General
- Price: $7,600,000
- Status: Active
- Type: Commercial
- Source: SBAOR
- MLS ID: 26-1582
- Updated: 5/13/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Other
Parking
- Parking Features: Other, Uncovered
Location
- Area: 15 - SB/EAST OF STATE
- County: Santa Barbara
- Cross Streets: E Carrillo St
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
Structural Information
- Square Feet: 4,101
- Living Area: 4,101 Sq. Ft.
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size: 9583
- Zoning: C-2
Financial Considerations
- Terms: Cash
Disclosures and Reports
- Property ID: 029-221-033
Listed by Hayes Commercial Group and Village Properties - 1
Get Pre-Approved Today
Schools
Schools serving 1018 Garden St
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Santa Barbara, CA 1990 Laguna Street, Santa Barbara, CA 93101 | K-6 | 1 mi |
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 0.6 mi |
Santa Barbara Senior High School 700 East Anapamu Street, Santa Barbara, CA 93103 | 9-12 | 0.4 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 1018 Garden St
Date
Details
Price
Change
Source
5/13/2026
Listed
$7,600,000
234.07%
MLS
7/31/2021
Sold
$2,275,000
—
Public Record
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
Tax History for 1018 Garden St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$30,790
—
$2,965,048
2%
2024
$30,790
13%
$2,906,910
13%
2023
$27,201
12%
$2,563,500
13%
2022
$24,221
52%
$2,275,000
52%
2021
$15,936
1%
$1,499,725
1%
2020
$15,772
2%
$1,484,348
2%
2019
$15,497
1%
$1,455,244
2%
2018
$15,278
3%
$1,426,711
2%
2017
$14,773
2%
$1,398,737
2%
2016
$14,432
1%
$1,371,312
2%
2015
$14,274
2%
$1,350,715
2%
2014
$14,040
—
$1,324,257
—
2013
$13,977
—
$1,318,273
—
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
Estimate the Cost for 1018 Garden St
1018 Garden Street, Santa Barbara, CA 93101 (MLS# 26-1582) is a Commercial property. 1018 Garden Street is currently listed for $7,600,000 and was received on May 13, 2026. Want to learn more about 1018 Garden Street? Do you have questions about finding other Commercial real estate for sale in East Of State? You can browse all East Of State real estate or contact a Coldwell Banker agent to request more information.

