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1520 Willina Lane, Santa Barbara, CA 93108

$4.25M2bd · 2ba · 1,761 sqft
Lot 8,712 sqft•Single Family Residence•
Active
•146d on market•MLS# 00-26843805

Property Description

Welcome to this enchanting 2-bedroom, 2-bathroom cottage nestled in the highly sought-after Hedgerow District of Montecito. Spanning +/-1,761 square feet, this lovingly maintained home exudes character and charm, offering a serene and private retreat. The quaint lot is adorned with verdant landscaping, providing a tranquil and secluded setting. Take a dip in the sparkling pool or unwind in the spa, perfect for enjoying Montecito's idyllic weather year-round. The +/-317-square-foot pool house offers additional space for guests, a home office, or a creative studio, enhancing the property's appeal. This charming neighborhood is a short stroll to the Rosewood Miramar Resort, beach access, both the Upper and Lower Villages, restaurants, shopping, and all that Montecito has to offer. Lovingly cared for by its owners for over 24 years and situated in the highly coveted Montecito Union School District, this cottage is a rare find that seamlessly blends historic charm with modern comforts.

Features & Amenities

FeeBuilt 1920

Property Details

Land Type
Fee
Year Built
1920
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Forced Air
Flooring
Carpet, Tile, Wood
City
Santa Barbara
Zip Code
93108
County
Santa Barbara
Listed byKeller Williams Realty Santa Barbara, Stephen Epstein

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$21,490.31
Principal & Interest
Loan Amount
$3,400,000
Total Interest
$4,336,513
Total Payment Over 30 Years
$7,736,513
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 4 active · 5 closed

1520 Willina Lane, Santa Barbara, CA 93108

Santa Barbara · Single Family Residence

$4.25M
Luxury Tier
Beds
2
Baths
2
Sqft
1,761
Lot
8,712 sqft
Year
1920
$/Sqft
$2413
Pool: Yes✓
Spa: Yes✓

Listed 5.6% below the median closed sale of $4,500,000. Price per sqft ($2,413) is a 76% premium to closed comps ($1,368). Closed comps sold at 100% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $4.25M· $2,413/sqft
Total list price
Closed comps
vs closed median $4.50M
−$250K (−5.6%)
Active comps
vs active median $4.70M
−$445K (−9.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,902
+$511 (+26.9%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
52 Miramar AvenueSanta Barbara1919221,79611,326$2,645$4.75M1278
109 Coronada CircleSanta Barbara1971332,49619,166$1,881$4.70M3038
625 Parra Grande LaneSanta Barbara1959432,97844,431$1,509$4.50M6938
1903 Coyote CircleSanta Barbara1984332,35135,284$1,573$3.70M11827
Total: 4 · Average3.02.82,405.2527,551.75$1,902$4.41M57.25
Median2,496$4.70M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
180 Hermosillo RoadSanta Barbara196905/07/2026442,4526,534$4.65M$4.33M$1,7660.939356
1163 Camino Viejo RoadSanta Barbara197308/28/2026432,75638,333$4.70M$4.14M$1,5020.887142
525 Owen RoadSanta Barbara196309/08/2026332,86219,166$3.70M$4.50M$1,5721.221836
939 Arcady RoadSanta Barbara195110/21/2026555,99660,113$4.58M$4.50M$7510.9813526
725 Ashley RoadMontecito198210/16/2026553,80036,155$4.75M$4.75M$1,2501.0010117
Total: 5 · Average4.24.03,573.232,060.2$4.44M$4.44M$1,368.2—83.6
Median2,862$4.50M$4.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.