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$1,879,000
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Property Description
1221 Laguna St - The funnest and best property opportunity in Sunny Happy Santa Barbara. Land, lots of land. 7,000 SqFt of it. Twice the size of many lots. Multiple Houses. Multiple high rental income. Directly downtown. Courthouse, State, Granada Theater, Bowl, SB High (Go Dons!) - all 2 - 4 blocks. Car-free Life. The best location creates the best opportunities and best SB lifestyle. Not just land, income. Up front, a classic Cali Bungalow. 2B/1B/1054SqFt. Sunny. Silent. Happy. 5-6K rent. In the middle of the property, a convrtd Garage w/a King + Full Bath. In the backyard, pure SB Magic - a 550sq Ft renovated 1B/1B Cottage from the 1800s. Hand-chiseled floors. Vaulted ceilings. Impossibly unique. Incredible soul. 4K rent. 1221 Laguna St is Endless Potential. Move in and clean up the rough edges, or rent out multiple units and enjoy income, or build out high-value downtown units. Unlike any other downtown property this is a must see property.
Full Property Details
Full Property Details for 1221 Laguna St
General
- Price: $1,879,000
- Status: Active
- Type: Single Family
- Source: SBAOR
- MLS ID: 25-3833
- Updated: 11/10/2025
- Added to Site: 93 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Deck
Location
- Area: 15 - SB/EAST OF STATE
- County: Santa Barbara
- Subdivision: 15 or 20 - Downtown
- Cross Streets: Victoria St
- Driving Directions: Laguna St - halfway between Anapamu and Victoria
School Information
- Elementary School: Roosevelt
- Middle School: S.B. Jr.
- High School: S.B. Sr.
Structural Information
- # Buildings: 2
- Architectural Style: Craftsman
- Construction: Wood Siding
- Exterior Const.: Wood Siding
- Foundation: Raised, Pier & Post
- Roof: Composition
- Square Feet: 1,604
- Living Area: 1,054 Sq. Ft.
- Year Built: 1923
- Property Condition: Average
Additional Structures
- Other Structures: Other, Barn(s)
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,000
- Lot Size: 7000
- Lot Features: Level, Near Public Transit
- Zoning: R-3
Disclosures and Reports
- Property ID: 029-131-009
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Schools
Schools serving 1221 Laguna 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 | 0.8 mi |
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 0.7 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1221 Laguna St
Date
Details
Price
Change
Source
10/16/2025
Listed
$1,879,000
117.86%
MLS
3/05/2007
Sold
$862,500
—
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 1221 Laguna St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,221
2%
$1,154,915
2%
2024
$12,011
2%
$1,132,271
2%
2023
$11,793
2%
$1,110,070
2%
2022
$11,591
15%
$1,088,305
15%
2021
$10,055
10%
$947,000
10%
2020
$9,145
—
$861,000
—
2019
$9,165
1%
$861,000
2%
2018
$9,034
6%
$844,000
5%
2017
$8,489
5%
$804,000
5%
2016
$8,101
9%
$766,000
10%
2015
$7,401
9%
$696,000
10%
2014
$6,763
10%
$633,000
10%
2013
$6,155
—
$575,000
—
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 1221 Laguna St
1221 Laguna Street, Santa Barbara, CA 93101 (MLS# 25-3833) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1221 Laguna Street is currently listed for $1,879,000 and was received on October 16, 2025. Want to learn more about 1221 Laguna Street? Do you have questions about finding other Single Family 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.

