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2487 Banner Avenue, Summerland, CA 93067
$1,550,000
2487 Banner Avenue, Summerland, CA 93067View this property at 2487 Banner Avenue, Summerland, CA 93067
2487 Banner AvenueSummerlandCA93067
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Property Description
Enjoy one of the last remaining original duplexes overlooking the Pacific Ocean in the picturesque town of Summerland, California. This exceptional property offers boundless potential and flexibility, making it an ideal investment opportunity or a perfect place to call home. Situated in the coveted Coastal Zone, this duplex opens the door to a world of possibilities. This property provides an exceptional space that serves as a lucrative income-generating asset. With its unique layout, you have the option to live in one unit and rent out the other, providing a steady stream of rental income. Plus a detached 3 car garage opens up more possibilities. The property's true potential lies in its adaptability. The spacious lot size may allow expansion presenting an incredible opportunity for development. Whether you envision expanding the existing duplex or creating an entirely new structure as an ADU, the choice is yours. (buyer to verify) With the Coastal Zone designation, you can explore legal short-term rentals, further maximizing your income potential. Located in a prime location near Summerland's charming downtown area. Take a leisurely stroll to local boutiques, restaurants, and cafes, immersing yourself in the relaxed coastal lifestyle. The nearby beaches beckon you to indulge in water activities or simply unwind on the sandy shores. The property's strategic location also grants easy access to the region's renowned attractions. Explore the nearby Santa Barbara Riviera, where you can revel in stunning views or indulge in world-class shopping along State Street. The vibrant cultural scene, art galleries, and award-winning wineries further enrich the experience of living in this captivating coastal region. Whether you're seeking a profitable investment or a coastal haven to call your own, this property offers the flexibility and income-generating possibilities that dreams are made of. Embrace the coastal lifestyle, embrace the opportunity - this duplex awaits your vision.
Full Property Details
Full Property Details for 2487 Banner Ave
General
- Sold For: $1,550,000
- Status: Closed
- Type: Single Family
- MLS ID: 23-2169
- Added to Site: 322 day(s) ago
Interior
- Appliances: Refrigerator, Gas Stove
- Flooring: Laminate, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: None
Additional Information
- Improvements: PAved, Public, Cable
- Security/Safety: Smoke Detector
Exterior
- Exterior Features: Deck
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Detached, Paved
Location
- Area: 05 - CARPINTERIA-SUMMERLAND
- County: Santa Barbara
- Subdivision: 05 - Summerland
- Cross Streets: Olive Street
- Driving Directions: Hwy 101 exit Padaro. Turn towards the mountains. Left on Via Real, right on Olive St., left on Banner Ave. 3rd house on the left.
School Information
- Elementary School: Summerland
- Middle School: Other
- High School: Other
Utilities
- Sewer: Sewer Hookup
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- # Buildings: 2
- Architectural Style: Cal Cottage, Ranch, Craftsman
- Construction: Wood Siding
- Exterior Const.: Wood Siding
- Foundation: Raised
- Roof: Composition
- Windows: Drapes, Blinds
- Property Condition: Good
Additional Structures
- Other Structures: Work Shop
Lot Features
- Property View: Islands, Ocean, Setting, Partial/Filtered
- Lot Features: Rolling Slope, Sloped Down
- Zoning: R-2
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Reports: Prelim
- Property ID: 005-193-009
Listed by eXp Realty of California, Inc.
Sold by Non Member Office
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Schools
Schools serving 2487 Banner Ave
School District:Carpinteria Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
4810 Foothill Rd, Carpinteria, CA 93013 | 9-12 | 4.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2487 Banner Ave
Date
Details
Price
Change
Source
10/04/2023
Sold
$1,550,000
3.68%
MLS
7/24/2023
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2487 Banner Avenue, Summerland, CA 93067 (MLS# 23-2169) is a Single Family property that was sold at $1,550,000 on October 04, 2023. Want to learn more about 2487 Banner Avenue? Do you have questions about finding other Single Family real estate for sale in Summerland? You can browse all Summerland real estate or contact a Coldwell Banker agent to request more information.