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6 Beds
6 Baths
4,491 sqft

$6,800,000

318 East Victoria Street , Santa Barbara CA, 93101

Price per sqft$1,514.14
Property size4,491 sqft
Property typeMulti-family

Overview

Active

Listed Sep 18, 2026

Updated 8h ago

Rare Residential Income Property Opportunity. This distinguished estate has not been on the market in over 50 years. Set in the heart of Santa Barbara’s historical district, this charming property encompasses a Victorian main residence with attached studio, separate entrance and three detached rental units. Ideally situated within a short distance of restaurants, schools, church, and downtown State Street, the property offers a unique opportunity for generational living or those seeking income potential. The Victorian main residence celebrates craftsmanship and exudes timeless charm, with a redwood grand staircase, crown moldings, vintage redwood pocket doors, and generous living areas. An intimate secluded front garden framed by privacy hedges provides a private retreat with hot tub. From the property, views extend across Santa Barbara’s historic Spanish red tile roofs toward the Granada and Arlington theaters, capturing the character and enduring appeal of this exceptional neighborhood. Main House Built in 1895 3 bedrooms / 2 baths Attached Studio and separate entrance. Three Detached Rental Units | Added in the 1960s Each rental unit offers 1 bedroom / 1 bath, off-street parking, and communal laundry. Major Property Improvements Include: New roof on main house Pest work completed Sewer lateral inspection French drain Many window screens replaced Some exterior and interior painting Building inspections available upon request. Photography and Virtual Staging provided by David Palermo. To experience the property, please contact listing agent Marie Larkin. Please do not disturb owners or tenants at the property

$45,241/mo

Est. mortgage payment based on a $6,800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-3151
Available since
September 18, 2026

Interior Features

Bedrooms
6
Bathrooms
6
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

 Courtesy of Marie Larkin | Sotheby's International Realty - Montecito - 1290 Coast Village Road Brokerage

Based on information from DASH - Sotheby's International Realty (SIR) as of 10/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The 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 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. 

©2026 DASH - Sotheby's International Realty (SIR). All rights reserved. 

Data last updated 5:11 PM UTC, 10/12/2026

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