$10,000 Closing Credit¹
#25-798, Austin Jones, Listing Office: Real Brokerage Technologies, Inc
$1,500,000 List price
509 Coronel Pl Santa Barbara, CA 93101
$10,000
Closing credit¹
2 beds
1 full
862 sqft
0.2 acres
$1,740 / sqft
House
Property details
About 509 Coronel Pl
Located in the heart of Santa Barbara, 509 Coronel Place presents an exceptional opportunity for both owner-users and investors looking to capitalize on the potential of an R-4 zoned lot, which allows for the development of multiple residential units in a city known for its strong real estate market and high demand for housing. This property currently features a charming 2-bedroom, 1-bathroom California cottage that exudes classic architectural charm and offers immediate livability while also serving as an excellent foundation for future development. Whether the goal is to enjoy the home as a primary residence while benefiting from rental income opportunities or to pursue a larger-scale investment project, the versatility of this property makes it one of the most desirable investment. Before any development can proceed, a comprehensive review of the zoning and planning regulations for 509 Coronel Place is essential. Santa Barbara has stringent guidelines to preserve its unique character and minimize environmental impact. Working closely with city planners to ensure compliance and secure approvals is critical. Developers may also need to engage with the community to address concerns about density, traffic, or aesthetic impact. Transparent communication and a thoughtful approach to integrating the project with the surrounding neighborhood can help build support for the development.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCeiling Fan(s)
Size862 sqft
Lot size0.17 Acres
Year built1881
ParkingGar #1, Detached
MLS #24-2353
Virtual tour
Summary
- MLS Number: 24-2353
- MLS Name: Santa Barbara Multiple Listing Service
- Office Name: Berkshire Hathaway HomeServices California Properties
- Office Phone: (805) 319-7070
- Office Email: dstalter@bhhscal.com
- Listing Agent: Anthony M Bordin
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. 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. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
509 Coronel Pl
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 29, 1999 | Home Sold | $300,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $452,028 | $4,822 |
| 2023 | $443,166 | $4,734 |
| 2022 | $434,477 | $4,653 |
| 2021 | $425,959 | $4,544 |
| 2020 | $421,593 | $4,497 |
| 2019 | $413,327 | $4,356 |
| 2018 | $405,223 | $4,356 |
| 2017 | $397,278 | $4,212 |
History based on county public records data.
Nearby schools
5
McKinley Elementary School
Public District PK-6
0.2 mi
•350 Loma Alta Dr
6
Harding University Partnership School
Public District PK-6
1.2 mi
•1625 Robbins St
6
Washington Elementary School
Public District KG-6
1.4 mi
•290 Lighthouse Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,696. The most common annual income of people living in Santa Barbara, CA is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
27%
<35k
47%
35k-100k
24%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
16%
Single, with Kids
7%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
52%
18-34 yrs old
24%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Extreme Sports
NBA/WNBA
Where do the neighbors shop?
Banana Republic
Sam's Club
Express/Express For Men
Where do the neighbors go to eat?
Sonic
White Castle
Starbucks
What do the neighbors drive?
Infiniti
Oldsmobile
Pontiac
What do the neighbors listen to?
Urban Contemporary
Rock
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 509 Coronel Pl
This home is located at 509 Coronel Pl in Santa Barbara, CA and zip code 93101 in the West Side neighborhood. This 862 square foot home, which was built in 1881, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $1,500,000.
In February 2025 more than 27 listings in Santa Barbara, CA were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 44 were sold below. In February 2025 in Santa Barbara, CA there were 9.8% more homes for sale than in January. The median list price of listings available in February 2025 was $2,103,857, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.