17
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$3,995,000
Est. payment /mo
4,192 SqFt
Active
543.5 Arroyo AVE Avenue Santa Barbara, CA 93109
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,192 sqft
Price per Sqft $953
MLS Listing ID 25-3158
Year Built 1989
Lot Size 1.270 Acres
Acres 1.27
Lot Dimensions 55321.2
Source Santa Barbara Multiple Listing Service
Property Description
Welcome to Arroyo House, a fully remodeled, turn-key investment property on a massive lot in Santa Barbara's highly sought-after Mesa community.
Currently operating as premium student housing, Arroyo House serves students from SBCC, UCSB, and Westmont College. This exceptional property features 10 fully furnished rooms with 26 total beds, configured as (3) doubles, (5) triples, (1) quad, and (1) single. Each unit has been tastefully upgraded with high-end furniture and modern finishes. Outdoor amenities include new landscaping, a volleyball court, and ample private parking — enhancing both tenant experience and long-term value. Additionally, the solar system is fully paid off, and a 400-amp commercial-grade electrical panel has been added. This large single-family residence offers a high-occupancy dwelling ideal for use as a sober living home, recovery housing, transitional housing, supportive housing, group home, or other structured living environment, with flexibility for shared supportive residence, community-based housing, co-living property, shared housing, or room-by-room rental opportunities.
Currently operating as premium student housing, Arroyo House serves students from SBCC, UCSB, and Westmont College. This exceptional property features 10 fully furnished rooms with 26 total beds, configured as (3) doubles, (5) triples, (1) quad, and (1) single. Each unit has been tastefully upgraded with high-end furniture and modern finishes. Outdoor amenities include new landscaping, a volleyball court, and ample private parking — enhancing both tenant experience and long-term value. Additionally, the solar system is fully paid off, and a 400-amp commercial-grade electrical panel has been added. This large single-family residence offers a high-occupancy dwelling ideal for use as a sober living home, recovery housing, transitional housing, supportive housing, group home, or other structured living environment, with flexibility for shared supportive residence, community-based housing, co-living property, shared housing, or room-by-room rental opportunities.
Location
State CA
County Santa Barbara
Interior
Laundry Laundry Room
Building
Lot Description Near Public Transit
New Construction No
Others
Tax ID 035-040-036
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
Listed by Radius Group Commercial R.E.
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