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$1,500,000 -$75,000 (-4.76%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 2,299 Sq. Ft.
  • Updated 2 days ago
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Now offered at a newly improved price! Fresh updates, flexible living, and a prime location make this home a standout opportunity. Recent improvements include new interior and exterior paint, new carpet, roof work, and an upgraded electrical panel. The main level features 3 bedrooms and 2 bathrooms with a functional layout. Upstairs offers a separate 2-bedroom, 1-bath living space with its own private entrance, ideal for extended family or guests. The backyard includes a sunny patio and mature fruit trees, including avocado, apricot, plum, and apple. Conveniently located near Hollister Elementary, San Marcos High School, Magnolia Shopping Center, and the Coast Bike Trail in desirable Eastern Goleta Valley.

Full Property Details for 740 Walnut Ln

General

  • Price: $1,500,000
  • Status: Active
  • Type: Single Family
  • Source: SBAOR
  • MLS ID: 25-4224
  • Updated: 2/27/2026
  • Added to Site: 101 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

Parking

  • Parking Features: Garage

Location

  • Area: 30 - SB/GOL SOUTH
  • County: Santa Barbara
  • Development Name: Goleta Sunshine Home
  • 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

  • # Buildings: 2
  • Architectural Style: Traditional
  • Construction: Stucco
  • Exterior Const.: Stucco
  • Foundation: Slab
  • Roof: Composition
  • Square Feet: 2,299
  • Living Area: 1,349 Sq. Ft.
  • Year Built: 1959
  • Property Condition: Average

Lot Features

  • Property View: Mountain(s)
  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Lot Size: 6098
  • Zoning: R-1

Financial Considerations

  • Terms: Cash, Conventional, VA Loan, FHA

Disclosures and Reports

  • Reports: Prelim
  • Property ID: 065-171-024

Listed by eXp Realty of California Inc.

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Listing agent

— 740 Walnut Ln —

  • eXp Realty of California 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 740 Walnut Ln

School Districts:Goleta Union Elementary School District, Santa Barbara Unified School District
NameGradesDistance
Hollister Elementary School
4950 Anita Lane, Santa Barbara, CA 93111
K-60.5 mi
La Colina Junior High School
4025 Foothill Road, Santa Barbara, CA 93110
7-83 mi
San Marcos Senior High School
4750 Hollister Avenue, Santa Barbara, CA 93110
9-121 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Price Reduced
$1,500,000
-4.76%
MLS
1/17/2026
Price Reduced
$1,575,000
-1.5%
MLS
11/21/2025
Listed
$1,599,000
—
MLS
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 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
—
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.

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NMLS#: 1598647

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Listed by eXp Realty of California Inc.

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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 $1,500,000 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.

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