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$2,495,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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Rare offering of this timeless Colonial-style duplex in a prime location--just one property off State Street. With over 3,000 square feet of living space, the property presents a wealth of possibilities: live in one unit and rent the other, create an ideal setup for multigenerational living, or rent both units for strong income potential. The expansive 3-car garage offers additional upside--consider converting it into an ADU, or reimagine the entire property as a spacious single-family home. The lower unit features 3BD/2BA; the upper offers 2BD/1BA plus a sunroom. Both boast large living rooms, fireplaces, bay windows, formal dining rooms, breakfast nooks, built-ins, and other period details. Architectural charm and unbeatable proximity to shops make this a unique investment opportunity.

Full Property Details for 15 W Padre St

General

  • Price: $2,495,000
  • Status: Active
  • Type: Multi-Family
  • Source: SBAOR
  • MLS ID: 26-540
  • Updated: 2/18/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Hardwood

Rooms

Other Rooms

  • Laundry: Laundry Room, In Unit

Parking

  • Parking Features: Garage, Detached

Location

  • Area: 20 - SB/WEST OF STATE
  • County: Santa Barbara
  • Subdivision: 15 or 20 - Downtown
  • Cross Streets: State St

School Information

  • Elementary School: Peabody
  • Middle School: S.B. Jr.
  • High School: S.B. Sr.

Structural Information

  • Foundation: Slab
  • Square Feet: 3,045
  • Living Area: 3,045 Sq. Ft.
  • Property Condition: Good

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,969
  • Lot Size: 6969
  • Lot Features: Near Public Transit
  • Zoning: Other

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 025-311-025

Listed by Berkshire Hathaway HomeServices California Properties

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— 15 W Padre St —

  • Berkshire Hathaway HomeServices California Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 15 W Padre St

School District:Santa Barbara Unified School District
NameGradesDistance
Santa Barbara Junior High School
721 East Cota Street, Santa Barbara, CA 93103
7-81.6 mi
Santa Barbara Senior High School
700 East Anapamu Street, Santa Barbara, CA 93103
9-121.2 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 15 W Padre St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2026
Listed
$2,495,000
66.89%
MLS
12/02/2015
Sold
$1,495,000
—
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 15 W Padre St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,705
2%
$1,769,770
2%
2024
$18,385
2%
$1,735,070
2%
2023
$18,051
2%
$1,701,050
2%
2022
$17,742
2%
$1,667,697
2%
2021
$17,335
1%
$1,634,998
1%
2020
$17,156
2%
$1,618,234
2%
2019
$16,857
1%
$1,586,505
2%
2018
$16,619
3%
$1,555,398
2%
2017
$16,071
2%
$1,524,900
2%
2016
$15,692
-8%
$1,495,000
-7%
2015
$17,015
2%
$1,615,608
2%
2014
$16,735
—
$1,583,961
—
2013
$16,660
—
$1,576,803
—
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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NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices California Properties

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15 W Padre Street, Santa Barbara, CA 93105 (MLS# 26-540) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 15 W Padre Street is currently listed for $2,495,000 and was received on February 18, 2026. Want to learn more about 15 W Padre Street? Do you have questions about finding other Multi-Family real estate for sale in West of State? You can browse all West of State real estate or contact a Coldwell Banker agent to request more information.

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