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$2,121,500
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Property Description
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
Full Property Details for 15 W Padre St
General
- Sold For: $2,121,500
- Status: Closed
- Type: Multi-Family
- Source: SBAOR
- MLS ID: 26-540
- Added to Site: 136 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: Mixed, Raised
- Square Feet: 3,045
- Living Area: 3,045 Sq. Ft.
- Year Built: 1937
- 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
Sold by Julia Barnett, Broker
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Schools
Schools serving 15 W Padre St
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 1.6 mi |
Santa Barbara Senior High School 700 East Anapamu Street, Santa Barbara, CA 93103 | 9-12 | 1.2 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 15 W Padre St
Date
Details
Price
Change
Source
8/07/2026
Sold
$2,121,500
-8.75%
MLS
5/08/2026
Price Reduced
$2,325,000
-5.1%
MLS
4/20/2026
Price Reduced
$2,450,000
-1.8%
MLS
2/18/2026
Listed
$2,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15 W Padre Street, Santa Barbara, CA 93105 (MLS# 26-540) is a Multi-Family property that was sold at $2,121,500 on August 07, 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.

