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$7,800,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.27 Acres
  • Updated 20 hours ago
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Fully Entitled 44 Key Hotel Project in a great Funk Zone/Beach Area/Lower State St location! Very rare Santa Barbara coastal zone hotel approved project - consisting of 3 parcels totaling 11,839 SF of land. Very desirable location with strong freeway visibility, adjacent to Amtrak Station, and perfectly positioned to venture into the Funk Zone, lower State St area and beach. Some amenities that are incorporated into the entitlements include 3400 SF rooftop bar/lounge, & patios/balconies off each room. Call listing agent for more information.

Full Property Details for 17-21 W Montecito St

General

  • Price: $7,800,000
  • Status: Active
  • Type: Commercial
  • Source: SBAOR
  • MLS ID: 26-614
  • Updated: Today (2/25/2026)
  • Added to Site: Today

Business

  • Business Type: Hotel/Motel

Parking

  • Parking Features: Undrgrnd

Location

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

Lot Features

  • Lot Size (Acres): 0.27
  • Lot Size (Sq. Ft.): 11,839
  • Lot Size: 11839
  • Zoning: Other

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 033-042-007

Listed by Berkshire Hathaway HomeServices California Properties

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— 17-21 W Montecito St —

  • Berkshire Hathaway HomeServices California Properties

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NMLS#: 1598647

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NMLS#: 1598647

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Price & Sales History for 17-21 W Montecito St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/25/2026
Listed
$7,800,000
160%
MLS
5/07/2025
Sold
$3,000,000
—
Public Record
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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 17-21 W Montecito St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,562
2%
$139,687
2%
2024
$1,534
2%
$136,949
2%
2023
$1,505
2%
$134,265
2%
2022
$1,477
-9%
$131,634
-10%
2021
$1,617
1%
$145,804
1%
2020
$1,601
2%
$144,482
15%
2019
$1,577
1%
$125,228
2%
2018
$1,557
3%
$122,774
2%
2017
$1,509
-3%
$120,367
2%
2016
$1,561
1%
$118,008
2%
2015
$1,547
1%
$116,236
2%
2014
$1,527
—
$113,960
-12%
2013
$1,521
—
$130,196
—
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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Listed by Berkshire Hathaway HomeServices California Properties

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17-21 W Montecito Street, Santa Barbara, CA 93101 (MLS# 26-614) is a Commercial property. 17-21 W Montecito Street is currently listed for $7,800,000 and was received on February 26, 2026. Want to learn more about 17-21 W Montecito Street? Do you have questions about finding other Commercial 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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