For sale Home/Estate

Listed Sep 8, 2026

$1,875,000 Est. $12,401/mo

2016 Monterey Street

  • 3

    Beds

  • 2

    Baths

The story

Extensively rebuilt from the studs, this 3-bedroom, 2-bath Spanish home combines classic Santa Barbara character with the confidence and convenience of an extensive modern reconstruction. Situated on an approximately 10,000± sq. ft. lot on a quiet Westside street near downtown Santa Barbara, the home has undergone comprehensive improvements, including significant structural engineering and foundation work, new structural framing and seismic reinforcement, a new roof system, entirely new electrical and plumbing systems, new insulation, drywall, energy-efficient windows and exterior doors, and beautifully completed kitchen and bathrooms. Major system upgrades include a new four-zone Mitsubishi mini-split heating and air-conditioning system with individually controlled zones, new electrical service and panels for the residence and garage, new wiring, outlets and switches throughout, and preparation for a future second electrical meter. The garage has its own upgraded electrical panel providing flexibility for future uses such as EV charging or a potential ADU, subject to applicable requirements and approvals. Additional improvements include a new fire sprinkler system, interconnected smoke and carbon monoxide alarms, smart lighting controls, recessed LED lighting, and new exterior and landscape-lighting infrastructure. The home's original fireplace has also been thoughtfully updated with a new brick hearth and hearth extension and a newly framed and vented chimney with copper cap and protective stainless-steel shroud. Inside, the finished home features a spacious primary ensuite, new flooring, cabinetry, countertops, plumbing fixtures, lighting, appliances and finishes throughout. The oversized lot includes a detached garage and offers preliminary potential for an ADU and additional residential development, subject to City approval and buyer verification. Conveniently located just minutes from downtown Santa Barbara, restaurants, shopping, parks and beaches, this is a rare opportunity to own a thoughtfully rebuilt Spanish home on an unusually large Westside lot--with the major work already done.

Facts & features

Home type

Home/Estate

Year built

1934

Parking

2-car garage

Included features

  • Fireplace

    Yes

  • Heating

    Ductless

  • Flooring

    Tile

  • Roof

    Tile

  • Lot Information

    Level, Near Public Transit

  • Exterior

    Fruit Trees

  • Water Source

    SB Wtr

  • View

    Mountain

Mortgage calculator

Estimated monthly payment

$12,401 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $9,980
  • Property tax $1,875
  • Insurance $547

Includes principal, interest, taxes & insurance.

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Listing Broker

Berkshire Hathaway HomeServices California Properties

Broker Name

Berkshire Hathaway HomeServices California Properties

Agent

Andrea Ruhge