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1018 Garden Street, 
Santa Barbara, CA 93101

$7,600,000


Bed


Bath


4,101

Sq Ft


Multi-Family

Active

Listed by

Christos Celmayster

William M Reed

Hayes Commercial Group

Village Properties - 1

Last updated:

May 15, 2026, 03:00 AM

MLS#

26-1585

Source:

SBAOR

About This Home

1018 Garden Street

An exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from State Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone, the property offers both immediate income and long-term strategic upside. Casa Jardin was designed and has been operated as a staffless and keyless hotel similar to your typical Short Term Rental property making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Additionally, each room is approved as a separate condominium, allowing for the potential to sell units individually and unlock additional future value. The asset has undergone a comprehensive rebuild within the past three years, including all new building systems, and features thoughtfully designed interiors with a clean, modern aesthetic. Each unit is pet-friendly, fully furnished, and outfitted with high-quality finishes, top-tier appliances, and amenities tailored to both short- and extended-stay guests. Operations are seamlessly handled by ZenStay, a proven hospitality operator providing full-service management--from dynamic pricing and reservations to guest services, housekeeping, and maintenance. Their platform ensures institutional-quality oversight with transparent financial reporting, allowing for a truly passive ownership experience. Casa Jardin represents a rare blend of income, lifestyle, and future optionality in one of California's most supply constrained coastal markets.

Home Facts

Multi-Family

Built in 23

Price Summary

7,600,000

$1,853 per Sq. Ft.

MLS #:

26-1585

Last Updated:

May 15, 2026, 03:00 AM

Added:

7 day(s) ago


Rooms & Interior

Interior

Living Area:

4,101 Sq. Ft.


Structure

Structure

Year Built:

23


Lot

Lot Size (Sq. Ft):

9,583


Finances & Disclosures

Finances

Price:

$7,600,000

Price per Sq. Ft:

$1,853 per Sq. Ft.

Source:SBAOR
Based on information from the Santa Barbara MLS as of May 20, 2026 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.

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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.