Date
Details
Price
Change
Source
9/17/2026
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,500,000 Just Listed
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Property Description
517 Chapala Street is an entitled 0.26-acre redevelopment site in downtown Santa Barbara, one block off State Street. The ±11,325 SF C2-zoned lot currently operates as a car dealership, with residential entitlements providing a head start or flexibility for a new vision. Institutional investment is reshaping the area, including UC Regents' acquisition across the street and Yardi's HQ relocation nearby, bringing 600 employees into the district. With strong frontage and walkable access to State Street, Amtrak, and the waterfront--and with housing demand far outpacing supply--517 offers a rare shovel-ready opportunity in a highly constrained coastal market.
Full Property Details
Full Property Details for 517 Chapala St
General
- Price: $2,500,000
- Status: Active
- Type: Commercial
- Source: SBAOR
- MLS ID: 26-3136
- Updated: 9/17/2026
- Added to Site: 2 day(s) ago
Location
- Area: 20 - SB/WEST OF STATE
- County: Santa Barbara
- Cross Streets: E. Cota
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,325.6
- Lot Size: .26
- Zoning: C-2
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 037-163-025
Listed by Colliers International Greater Los Angeles, Inc.
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— 517 Chapala St —
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Price & Sales History for 517 Chapala St
Tax History
Tax History for 517 Chapala St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,276
—
$2,535,683
2%
2025
$26,276
103%
$2,485,965
104%
2024
$12,949
2%
$1,218,607
2%
2023
$12,714
2%
$1,194,714
2%
2022
$12,495
2%
$1,171,289
2%
2021
$12,206
1%
$1,148,323
1%
2020
$12,080
2%
$1,136,550
2%
2019
$11,870
1%
$1,114,266
2%
2018
$11,702
3%
$1,092,419
2%
2017
$11,315
14%
$1,071,000
14%
2016
$9,952
1%
$941,987
2%
2015
$9,843
2%
$927,839
2%
2014
$9,682
—
$909,665
—
2013
$9,639
—
$905,555
—
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 517 Chapala St
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- Single Family
- Active
- Updated 4 days ago
- 8Beds
- 10Total Baths
- 9,518Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 1Bed
- 2Total Baths
- 1,181Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 8Beds
- 10Total Baths
- 9,518Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 7Total Baths
- 7,053Sq. Ft.
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- Single Family
- Active
- Updated 16 hours ago
- 4Beds
- 6Total Baths
- 3,883Sq. Ft.
- Single Family
- Active
- Updated 16 hours ago
- 4Beds
- 7Total Baths
- 5,859Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 3,860Sq. Ft.
- Single Family
- Active
- Updated 16 hours ago
- 4Beds
- 7Total Baths
- 5,859Sq. Ft.
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517 Chapala Street, Santa Barbara, CA 93101 (MLS# 26-3136) is a Commercial property. 517 Chapala Street is currently listed for $2,500,000 and was received on September 17, 2026. Want to learn more about 517 Chapala 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.