Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Realty
Property view
Listing view 2
Listing view 3

428 Corona Del Mar, 
Santa Barbara, CA 93103

$3,399,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

The Easter Team

Berkshire Hathaway HomeServices California Properties

Last updated:

November 21, 2025, 01:05 AM

MLS#

25-4146

Source:

SBAOR

About This Home

428 Corona Del Mar

Between the sea breeze of the Funk Zone and the timeless charm of the Montecito Post, The Sea Captain's House offers 5 bedrooms and 2.5 baths across two units and approximately 3,100 square feet. Average annual rental income ranges from $100,000 to $150,000 after expenses. Restored with care in 2019, the 1911 home balances original craftsmanship with modern coastal living. The main residence features 3 bedrooms and 1.5 baths, with light spilling through picture windows and wood-beamed ceilings adding warmth to every gathering space. Upstairs, a separate 2 bedroom 1 bath unit includes its own kitchen and living area, filled with natural light and a bright, airy feel, perfect for extended family, private guest quarters, or as a flexible rental opportunity. Framed by gardens and embraced by a classic white picket fence, the home greets you with a cheerful red Dutch door. Inside, character and charm unfold in every room, blending history with a sense of openness and calm. A detached garage and small art studio add flexibility for work, hobbies, or quiet retreat. Steeped in nostalgia yet refreshed for modern life, The Sea Captain's House is more than a residence, it's a story of light, charm, and coastal living carried forward for generations. Additionally, this property is a turnkey legal short-term vacation rental property in the Coastal Zone that's been generating steady and substantial monthly income over the past five years. Don't miss this rare high-quality and high-performing investment opportunity.

Home Facts

Multi-Family

Built in 1911

Price Summary

3,399,000

MLS #:

25-4146

Last Updated:

November 21, 2025, 01:05 AM

Added:

8 day(s) ago


Structure

Structure

Year Built:

1911


Finances & Disclosures

Finances

Price:

$3,399,000

Source:SBAOR
Based on information from the Santa Barbara MLS as of November 21, 2025 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.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. 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 from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.