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$2,000,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 998 Sq. Ft.
  • Updated 2 days ago
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Prime Santa Barbara Development Opportunity. 523 W. Gutierrez Street features an existing single-family home with a long-term tenant in place, providing immediate rental income, along with approved plans for a 9-unit residential development. Located in Santa Barbara's desirable Westside neighborhood, the property is just minutes from Downtown, State Street, the Funk Zone, the waterfront, and Santa Barbara City College. This rare entitled project offers investors and developers a unique opportunity to capitalize on strong housing demand in one of California's premier coastal markets while benefiting from current income and significant future upside.

Full Property Details for 523 W Gutierrez St

General

  • Price: $2,000,000
  • Status: Active
  • Type: Single Family
  • Source: SBAOR
  • MLS ID: 26-1817
  • Updated: 6/1/2026
  • Added to Site: 3 day(s) ago

Interior

  • Number of Rooms: 1

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Location

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

School Information

  • Elementary School: Roosevelt
  • Middle School: S.B. Jr.
  • High School: S.B. Sr.

Structural Information

  • Architectural Style: Bungalow
  • Construction: Wood Siding
  • Exterior Const.: Wood Siding
  • Foundation: Pier & Post
  • Square Feet: 998
  • Year Built: 1910
  • Property Condition: Updated/Remodeled, Good

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Size: 8712

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Reports: Survey, Leases
  • Property ID: 037-222-006

Listed by Paloma Realty Partners Inc.

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Listing agents

— 523 W Gutierrez St —

  • Paloma Realty Partners Inc.

  • Paloma Realty Partners Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 523 W Gutierrez St

School District:Santa Barbara Unified School District
NameGradesDistance
McKinley Elementary School, Santa Barbara, CA
350 Loma Alta Drive, Santa Barbara, CA 93109
PK-60.1 mi
La Cumbre Junior High School
2255 Modoc Road, Santa Barbara, CA 93101
7-81.9 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 523 W Gutierrez St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2026
Listed
$2,000,000
85.19%
MLS
9/14/2022
Sold
$1,080,000
—
Public Record
Get Price Alerts and Save Property
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 523 W Gutierrez St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,687
—
$1,123,632
2%
2024
$11,687
2%
$1,101,600
2%
2023
$11,475
199%
$1,080,000
202%
2022
$3,834
2%
$357,324
2%
2021
$3,745
1%
$350,319
1%
2020
$3,706
2%
$346,728
2%
2019
$3,641
1%
$339,931
2%
2018
$3,590
500%
$333,266
523%
2017
$598
-11%
$53,492
2%
2016
$674
1%
$52,444
2%
2015
$667
1%
$51,657
2%
2014
$658
—
$50,646
—
2013
$655
—
$50,418
—
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.

Estimate the Cost for 523 W Gutierrez St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Paloma Realty Partners Inc.

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523 W Gutierrez Street, Santa Barbara, CA 93101 (MLS# 26-1817) is a Single Family property with 3 bedrooms and 1 full bathroom. 523 W Gutierrez Street is currently listed for $2,000,000 and was received on June 01, 2026. Want to learn more about 523 W Gutierrez Street? Do you have questions about finding other Single 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.

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