This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$2,550,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Exciting Mesa Investment Opportunity near the Beach and Douglas Preserve, one of Santa Barbara's most desirable rental areas. Gated Entry with Main house 4BR/4BA featuring two primary suites (one on entry level). Plus, private guest quarters w/3BR/1BA, kitchenette/wet bar. Rent entire property to one tenant, explore JADU potential, or consult planner about SB9 to create Duplex. Large 2-car garage for excellent ADU idea. Strong rental demand - ideal for a 1031 exchange, Or owner-user wanting income to cover your payments. Rare blend of indoor/outdoor living, character and coastal lifestyle. Flexible layout for home offices, media and exercise rooms. Full kitchen with island plus a second kitchenette, offering excellent long-term income potential. See Floor Plans. Plus, Spa, Gazebo & Solar. Updates: Recently updated with new flooring, paint, refreshed landscaping, lawn, and an impressive driveway approach. Move-in ready. Additional highlights: separate freestanding office, ample outdoor areas, flower garden with white roses, deck, gazebo, fenced yard, lots of off-street parking, and solar. Generous square footage with long-term upside - preserve its charm, add your vision, or pursue future ADUs/SB9 possibilities. Enjoy nearby beaches, Elings Park, Shoreline Park, and watch for dolphins and whales. A cherished home with a warm, Cape Cod feel, providing an exceptional Mesa experience. Ideal rental location: Great area for exercising, bicycling, and exploring. Pet Friendly property with fenced backyard for dogs. Close to the Restaurants, Schools, Shopping, Lazy Acres, Cottage Hospital, with quick access to the Santa Barbara Harbor, Downtown, the SB Airport, and the 101 Fwy.
Full Property Details
Full Property Details for 305 Mesa Ln
General
- Sold For: $2,550,000
- Status: Closed
- Type: Multi-Family
- Source: SBAOR
- MLS ID: 25-4236
- Added to Site: 96 day(s) ago
Interior
- Flooring: Tile, Wood/Laminate
Rooms
Other Rooms
- Laundry: Laundry Room, In Unit
Additional Information
- Security/Safety: Fire Alarm, Smoke Detector
Parking
- Parking Features: Uncovered, Gar #2, Unc #5, Detached, RV
Location
- Area: 20 - SB/WEST OF STATE
- County: Santa Barbara
- Subdivision: 20 - Mesa
- Cross Streets: Edgewater Way
School Information
- Elementary School: Monroe
- Middle School: LaCumbre
- High School: San Marcos
Community
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Heating Type: GFA
Structural Information
- Foundation: Slab, Raised
- Square Feet: 3,028
- Living Area: 3,028 Sq. Ft.
- Year Built: 1975
- Property Condition: Good
Lot Features
- Lot Size (Acres): 18
- Lot Size (Sq. Ft.): 7,841
- Lot Size: 7841
- Lot Features: Near Public Transit
- Zoning: R-1
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Reports: Prelim
- Property ID: 041-292-026
Listed by LPT Realty, Inc. and Sotheby's International Realty
Sold by Berkshire Hathaway HomeServices California Properties
Get Pre-Approved Today
Schools
Schools serving 305 Mesa Ln
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Monroe Elementary School, Santa Barbara, CA 431 Flora Vista Drive, Santa Barbara, CA 93109 | K-6 | 0.2 mi |
La Cumbre Junior High School 2255 Modoc Road, Santa Barbara, CA 93101 | 7-8 | 1.6 mi |
San Marcos Senior High School 4750 Hollister Avenue, Santa Barbara, CA 93110 | 9-12 | 4.2 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 305 Mesa Ln
Date
Details
Price
Change
Source
1/28/2026
Sold
$2,550,000
-14.86%
MLS
12/01/2025
Price Reduced
$2,995,000
-6.41%
MLS
11/23/2025
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
305 Mesa Lane, Santa Barbara, CA 93109 (MLS# 25-4236) is a Multi-Family property that was sold at $2,550,000 on January 28, 2026. Want to learn more about 305 Mesa Lane? 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.

