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$1,995,000 Just Listed
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Property Description
This is for the purchase of the Land Lease. The Buyer would not be purchasing the land. Rare opportunity to acquire a high-yield land lease investment located on The Mesa, one of Santa Barbara's most desirable coastal neighborhoods. The property is 100% occupied, consisting of 8 commercial tenants and 2 residential units. Visit our website for a detailed brochure.
Full Property Details
Full Property Details for 315 Meigs Rd
General
- Price: $1,995,000
- Status: Active
- Type: Commercial
- Source: SBAOR
- MLS ID: 26-555
- Updated: Today (2/19/2026)
- Added to Site: Today
Location
- Area: 20 - SB/WEST OF STATE
- County: Santa Barbara
- Cross Streets: Cliff Dr.
Structural Information
- Square Feet: 10,745
Lot Features
- Lot Size (Acres): 0.89
- Lot Size (Sq. Ft.): 38,768.4
- Lot Size: .89
- Zoning: Other
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 045-015-008
Listed by Radius Group Commercial R.E.
Get Pre-Approved Today
Price & Sales History for 315 Meigs Rd
Date
Details
Price
Change
Source
2/19/2026
Listed
$1,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 315 Meigs Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$33,490
2%
$3,156,828
2%
2024
$32,915
2%
$3,094,930
2%
2023
$32,316
2%
$3,034,246
2%
2022
$31,759
2%
$2,974,752
2%
2021
$31,024
1%
$2,916,424
1%
2020
$30,704
2%
$2,886,520
2%
2019
$30,169
1%
$2,829,923
2%
2018
$29,741
3%
$2,774,435
2%
2017
$28,759
3%
$2,720,035
2%
2016
$28,008
1%
$2,666,704
2%
2015
$27,700
2%
$2,626,648
2%
2014
$27,245
—
$2,575,197
—
2013
$27,121
—
$2,563,560
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 315 Meigs Rd
315 Meigs Road, Santa Barbara, CA 93109 (MLS# 26-555) is a Commercial property. 315 Meigs Road is currently listed for $1,995,000 and was received on February 20, 2026. Want to learn more about 315 Meigs Road? 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.

