Corona Del Mar

Santa Barbara | California

Where Taste

Takes Form

View Photos Watch Film 360° VTour Open House

Caleb Overton

Presented At

$3,399,000

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428

Corona Del Mar

Santa Barbara | California

428 Corona Del Mar, Santa Barbara, California, United States. , Santa Barbara , California

Residential Income in SANTA BARBARA

Between the sea breeze of the Funk Zone and the timeless charm of the Montecito Post, The Sea Captain's House offers 5 bedrooms and 2.5 baths across two units and approximately 3,100 square feet. Average annual rental income ranges from $100,000 to $150,000 after expenses. Restored with care in 2019, the 1911 home balances original craftsmanship with modern coastal living. The main residence features 3 bedrooms and 1.5 baths, with light spilling through picture windows and wood-beamed ceilings adding warmth to every gathering space. Upstairs, a separate 2 bedroom 1 bath unit includes its own kitchen and living area, filled with natural light and a bright, airy feel, perfect for extended family, private guest quarters, or as a flexible rental opportunity. Framed by gardens and embraced by a classic white picket fence, the home greets you with a cheerful red Dutch door. Inside, character and charm unfold in every room, blending history with a sense of openness and calm. A detached garage and small art studio add flexibility for work, hobbies, or quiet retreat. Steeped in nostalgia yet refreshed for modern life, The Sea Captain's House is more than a residence, it's a story of light, charm, and coastal living carried forward for generations. Additionally, this property is a turnkey legal short-term vacation rental property in the Coastal Zone that's been generating steady and substantial monthly income over the past five years. Don't miss this rare high-quality and high-performing investment opportunity.

Gallery

3D Street View Tour

Property Location

428 Corona Del Mar, Santa Barbara, California, United States., Santa Barbara California

Local Weather & Climate

Santa Barbara, California

Current Conditions Updated recently

62 °F

Clear sky

Feels Like 61°F

Humidity 52%

Wind 1 mph

Visibility 6.2 mi

Sunrise 2:57 PM

Sunset 1:26 AM

5-Day Forecast

Sat 31 Jan

Clear

High 74°

Low 62°

Sun 1 Feb

Clear

High 73°

Low 64°

Mon 2 Feb

Clear

High 71°

Low 59°

Tue 3 Feb

Clear

High 73°

Low 60°

Wed 4 Feb

Clear

High 76°

Low 64°

Annual Climate Based on last 12 months

56° Avg Low

Jan

77° Avg High

Aug

50 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

32.4" Annual Rainfall

Semi-Arid climate

Monthly Temperatures

Jan

71°

46°

Feb

72°

48°

Mar

79°

55°

Apr

73°

51°

May

73°

54°

Jun

76°

59°

Jul

85°

65°

Aug

89°

69°

Sep

84°

64°

Oct

83°

58°

Nov

71°

52°

Dec

72°

49°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Santa Barbara?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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Frequently Asked Questions

Common questions about this property

What is the listing price for 428 Corona Del Mar, Santa Barbara, California, United States?

This property is listed at $339,900,000.

What is the climate like in Santa Barbara?

Santa Barbara features a pleasant climate. Average temperatures range from 56°F in winter to 77°F in summer. The area receives approximately 32.4 inches of precipitation annually. There are about 50 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Santa Barbara?

Santa Barbara tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 428 Corona Del Mar, Santa Barbara, California, United States?

This is a other located in Santa Barbara, California. The property is situated in an established neighborhood with convenient access to local amenities and services.