509 Coronel Place, Santa Barbara, CA 93101 (MLS # V1-24680)
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509 Coronel Place in Santa Barbara represents a prime opportunity for the development of luxury condominiums or upscale apartments, capitalizing on its exceptional location, high market demand, and the city's reputation for sophistication and charm. Situated in a peaceful yet accessible area, the property offers unparalleled potential to create high-end residences that cater to affluent buyers and renters seeking a harmonious blend of elegance, convenience, and the relaxed coastal lifestyle synonymous with Santa Barbara. The site's proximity to key amenities such as pristine beaches, renowned restaurants, boutique shopping, cultural venues, and highly rated schools enhances its desirability for professionals, retirees, and second-home buyers alike, who value both accessibility and exclusivity. The growing demand for luxury housing in Santa Barbara, driven by a combination of limited inventory and the allure of a city known for its Mediterranean-inspired ambiance, positions 509 Coronel Place as an ideal canvas for a thoughtfully executed residential project. Developers could explore concepts such as boutique condominiums with spacious layouts, private balconies, and resort-style amenities like rooftop terraces, landscaped courtyards, fitness centers, and secure parking, or a luxury apartment complex featuring modern smart-home technology, high-end finishes, and co-working spaces tailored to the needs of contemporary urban dwellers. Sustainability could be a defining feature of the development, incorporating energy-efficient systems, solar panels, water-saving landscaping, and eco-conscious construction materials to align with Santa Barbara's environmental values while appealing to a forward-thinking clientele. The project could also integrate mixed-use elements, such as ground-floor retail or boutique office spaces, to enhance community engagement and create a dynamic living environment. While navigating Santa Barbara's zoning and regulatory requirements will require careful planning and collaboration with city officials, developers can gain community support by emphasizing architectural harmony with the surrounding neighborhood and prioritizing low-impact, aesthetically pleasing designs. Addressing challenges such as density concerns and construction costs with innovative solutions will be critical to ensuring the project's success while maximizing return on investment in one of California's most lucrative real estate markets.
| Last Updated | 9/30/2024 | Year Built | 1881 |
|---|---|---|---|
| Community | Santa Barbara | Garage Spaces | 1.0 |
| County | Santa Barbara |
SCHOOLS
| Elementary School | Call Agent |
|---|---|
| Jr. High School | Call Agent |
| High School | Call Agent |
Price History
| Prior to Aug 2, '24 | $2,200,000 |
|---|---|
| Aug 2, '24 - Sep 30, '24 | $1,900,000 |
| Sep 30, '24 - Today | $1,750,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater, Water To Refrigerator |
| AREA | Santa Barbara |
| CONSTRUCTION | Copper Plumbing, Frame, Lap Siding, Wood Siding |
| EXTERIOR | Barbecue |
| GARAGE | Door-Single, Garage, Off Street, Other, Paved, Yes |
| HEAT | Central, Forced Air, Natural Gas |
| INTERIOR | All Bedrooms Down, Bedroom on Main Level, Ceiling Fan(s), Galley Kitchen, Laminate Counters, Main Level Primary, Separate/Formal Dining Room, Unfurnished |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Near Public Transit, Rectangular Lot, Sprinklers None, Street Level, Value In Land, Walkstreet, Yard |
| LOT DIMENSIONS | 50X151 |
| PARKING | Door-Single,Garage,Off Street,Other,Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Cottage, Craftsman, Patio Home, Ranch |
| UTILITIES | Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property,Standard |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | R-4 |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 12/28/24 11:55 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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