Coldwell Banker Home Page
Skip to main contentColdwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Select Realty

Property view
Listing view 2
Listing view 3

5392-5400 Hollister Avenue, 
Goleta, CA 93117

$5,650,000

17

Beds

11

Baths

1,472

Sq Ft

Single Family

Active

Listed by

Steve Golis

Radius Commercial Re

Last updated:

September 18, 2026, 02:46 PM

MLS#

26001669

Source:

CA NSBC

About This Home

5392-5400 Hollister Avenue

2 PARCEL DEVELOPMENT & INCOME OPPORTUNITY! This is a truly exceptional opportunity for potential redevelopment, ideally located directly across the street from Goleta Cottage Hospital. The portfolio comprises two value-add properties and offers multiple paths to achieve the highest and best use, whether through repositioning, redevelopment, or long-term hold. 5400 Hollister Avenue features a rare oversized lot of approximately 20,473 SF, currently improved with income producing structures consisting of a single-family residence and two additional units. The expansive lot size and favorable zoning present significant potential for redevelopment, expansion, or reconfiguration to maximize value. 5392-5396 Hollister Avenue is a mixed-use asset situated on a 21,344 SF lot, comprised of six residential cottages and one commercial unit. Most of the cottages have been extensively renovated, offering modern finishes and strong in-place income with additional upside potential. The commercial unit is occupied by a well-established tenant with a lease in place through 2029, providing stable and predictable income.

Home Facts

Single Family

11 Baths

17 Bedrooms

Built in 1957

Price Summary

5,650,000

$3,838 per Sq. Ft.

MLS #:

26001669

Last Updated:

September 18, 2026, 02:46 PM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

17

Bathrooms

Total Bathrooms:

11

Full Bathrooms:

11

Interior

Living Area:

1,472 Sq. Ft.

Structure

Structure

Building Area:

1,472 Sq. Ft.

Year Built:

1957

Lot

Lot Size (Sq. Ft):

9,000

Finances & Disclosures

Finances

Price:

$5,650,000

Price per Sq. Ft:

$3,838 per Sq. Ft.

Source:CA NSBC
Based on information from North Santa Barbara Multiple Listing Service, Inc. as of October 19, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.