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$1,536,000
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Property Description
Tucked onto a quiet, olive-tree-lined stretch of Santa Barbara's Lower Riviera, on the edge of the storied Bungalow Haven district, this beautifully reimagined 1925 cottage blends timeless Spanish character with a thoughtful, top-to-bottom renovation. Just east of State Street and an easy stroll to downtown shops and restaurants, Alameda Park, Alice Keck Park Memorial Garden, and the Mission, this is the kind of home that lets you live the Santa Barbara lifestyle the moment you set down your bags. Offering approximately 860 square feet of 2-bedroom, 2-bathroom living on a roughly 4,356 square foot lot, the home has been extensively updated with the Spanish architecture preserved. Step inside to a new kitchen with custom cabinets, new countertops, and tile backsplash; two remodeled bathrooms with new tile, vanities, toilets, faucets, and glass shower doors; new flooring, mouldings, and lighting throughout; and a tiled fireplace that anchors the living space with cozy character. Systems updates include electrical rewire, updated PEX plumbing, new AC, new tankless water heater, electrical panel upgrade, and new washer and dryer. Foundation work has been completed. Outside is where this home truly invites you to linger. A new pergola, two custom decks, and custom eyebrow pergolas over the front windows and rear slider create inviting spaces to gather, unwind, and soak in the coastal air. Fresh landscaping, new stucco, a new roof, new windows, and new front and back fencing give the home undeniable curb appeal, while custom-finished and painted front rockwork adds a distinctive welcome. A permitted rec room sits behind the finished one-car garage -- drywalled, wired, and epoxy-coated with a new garage door -- offering flexible space for a studio, office, or quiet retreat. The epoxy-coated driveway provides parking for up to four cars, a rare and valuable find this close to downtown. Seller is offering a 2-1 rate buydown with an acceptable offer -- significantly lower your payments for the first two years. Move-in ready and full of heart, this is a special opportunity to own a lovingly renovated piece of the Lower Riviera, one of Santa Barbara's most walkable, characterful neighborhoods.
Full Property Details
Full Property Details for 1228 Olive St
General
- Sold For: $1,536,000
- Status: Closed
- Type: Single Family
- Source: SBAOR
- MLS ID: 26-1828
- Added to Site: 81 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Improvements: PAved, Public, SideWalks
Location
- Area: 15 - SB/EAST OF STATE
- County: Santa Barbara
- Subdivision: 15 - Lower Eastside
- Cross Streets: Victoria and Sola
School Information
- Elementary School: Roosevelt
- Middle School: S.B. Jr.
- High School: S.B. Sr.
Utilities
- Water: SB Wtr
Structural Information
- Architectural Style: Bungalow, Cal Cottage
- Foundation: Raised
- Square Feet: 860
- Year Built: 1925
- Property Condition: Updated/Remodeled, Excellent
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size: .1
- Lot Features: Interior Lot, Near Public Transit
- Zoning: R-3
Financial Considerations
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Property ID: 029-141-020
Listed by Noble Realty Brokerage
Sold by eXp Realty of California, Inc.
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Schools
Schools serving 1228 Olive 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 | 0.2 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 1228 Olive St
Date
Details
Price
Change
Source
8/06/2026
Sold
$1,536,000
-3.94%
MLS
6/04/2026
Listed
$1,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1228 Olive Street, Santa Barbara, CA 93101 (MLS# 26-1828) is a Single Family property that was sold at $1,536,000 on August 06, 2026. Want to learn more about 1228 Olive Street? Do you have questions about finding other Single Family real estate for sale in Santa Barbara? You can browse all Santa Barbara real estate or contact a Coldwell Banker agent to request more information.

