740 Walnut Ln, Santa Barbara, CA 93111
List Price: $1,700,000
On market
On marketJun 20, 20252,046 sqft5 beds3 baths
Listed by: Amanda Esparza
License #: 02100833
Phone #: 805-405-2899
Energy-Wise Realty
Source:
MLS #: SC25135435
Property Description
Two homes on one lot—perfect for multigenerational living or rental income. 740 Walnut Lane offers a flexible layout with a 3-bedroom, 2-bath main residence and a 2-bedroom, 1-bath ADU with a private entrance and beautiful mountain views. The ADU is situated at the rear of the property, offering privacy and ideal separation for guests, tenants, or extended family. The backyard includes a sunlit patio and an array of mature fruit trees, including avocado, apricot, plum, and apple, creating a peaceful outdoor retreat. A brand-new electrical panel has been installed, and the home features dual-pane windows for added comfort. Located minutes from UCSB, top-rated schools, the Magnolia Shopping Center, and with easy access to the Obern Bike Trail, this property combines location, potential, and versatility. Live in one unit and rent the other, or bring the whole family. There are endless possibilities at 740 Walnut Lane - Call your Realtor to set up a showing today!
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$30,090
TurboHome Estimated Value
$1,853,000
$906 sqft
High Valuation
$1,945,650
$951/sqft
Normal Valuation
$1,853,000
$906/sqft
Low Valuation
$1,760,350
$860/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $906/sqft | $1,853,000 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Location
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Nearby Listings
1 similar properties within 5 miles
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