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$1,599,000
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Property Description
Discover a versatile 5-bedroom, 3-bathroom home offering flexible living options. The main level features a 3-bedroom, 2-bath layout with recent improvements, including fresh interior paint and new carpeting. Upstairs, a separate 2-bedroom, 1-bath space with its own private entrance provides excellent flexibility for extended family, guests, or potential rental use. The backyard offers a patio and mature fruit trees including avocado, apricot, plum, and apple, creating a welcoming outdoor setting. Conveniently located near UCSB, Hollister Elementary, the Magnolia Shopping Center, and the Coast Bike Trail, this property is well-suited for a primary residence with supplemental income potential or a smart addition to an investment portfolio.
Full Property Details
Full Property Details for 740 Walnut Ln
General
- Price: $1,599,000
- Status: Active
- Type: Single Family
- Source: SBAOR
- MLS ID: 25-4224
- Updated: 12/17/2025
- Added to Site: 55 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Garage
Additional Information
- Improvements: SideWalks, Street Lights
Location
- Area: 30 - SB/GOL SOUTH
- County: Santa Barbara
- Cross Streets: Hollister
- Driving Directions: From Hollister Avenue turn onto Walnut Lane; the home is on the left.
School Information
- Elementary School: Hollister
- Middle School: LaColina
- High School: San Marcos
Structural Information
- Construction: Stucco
- Exterior Const.: Stucco
- Foundation: Slab
- Roof: Composition
- Square Feet: 2,046
- Year Built: 1959
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Lot Size: .14
- Zoning: R-1
Financial Considerations
- Terms: Cash, FHA
Disclosures and Reports
- Property ID: 065-171-024
Listed by eXp Realty of California Inc.
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Schools
Schools serving 740 Walnut Ln
School Districts:Goleta Union Elementary School District, Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Hollister Elementary School 4950 Anita Lane, Santa Barbara, CA 93111 | K-6 | 0.5 mi |
La Colina Junior High School 4025 Foothill Road, Santa Barbara, CA 93110 | 7-8 | 3 mi |
San Marcos Senior High School 4750 Hollister Avenue, Santa Barbara, CA 93110 | 9-12 | 1 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 740 Walnut Ln
Date
Details
Price
Change
Source
11/21/2025
Listed
$1,599,000
—
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 740 Walnut Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,285
1%
$123,608
2%
2024
$2,259
1%
$121,185
2%
2023
$2,236
1%
$118,810
2%
2022
$2,211
1%
$116,481
2%
2021
$2,186
2%
$114,198
1%
2020
$2,153
1%
$113,028
2%
2019
$2,129
3%
$110,812
2%
2018
$2,070
2%
$108,640
2%
2017
$2,023
6%
$106,511
2%
2016
$1,912
1%
$104,424
2%
2015
$1,898
-2%
$102,857
2%
2014
$1,927
—
$100,843
—
2013
$1,922
—
$100,388
—
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 740 Walnut Ln
740 Walnut Lane, Santa Barbara, CA 93111 (MLS# 25-4224) is a Single Family property with 5 bedrooms and 3 full bathrooms. 740 Walnut Lane is currently listed for $1,599,000 and was received on November 21, 2025. Want to learn more about 740 Walnut Lane? Do you have questions about finding other Single Family real estate for sale in Santa Barbara? You can browse all Santa Barbara real estate or contact a Coldwell Banker agent to request more information.

