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About This Home

This 4-bedroom, 0-bathroom residential multi family at 1315 Virginia Road in Montecito, CA is listed for $5,100,000. on a 0.21 acres lot.

Agent Description

Perfectly positioned in Montecito's sought-after Lower Village, 1315 Virginia Road places you just moments from the best of coastal living. Just a 5-minute walk to the iconic Coral Casino and Butterfly Beach, the property also sits within easy reach of the renowned restaurants and shops on Coast Village Road.

Set on a single lot, the property features two beautifully maintained, single-level residences, each offering 2 bedrooms and 1 bathroom. Thoughtfully arranged as separate living spaces, the homes provide flexibility for a variety of uses, whether as a primary residence with guest accommodations or a dual-living setup.

Both homes are turnkey, in excellent condition and are currently operating as successful short-term rentals, presenting a rare opportunity for immediate income generation in one of Southern California's most desirable coastal communities. Whether you're seeking a flexible investment, a vacation retreat, or a primary residence with additional living space, 1315 Virginia Road captures the essence of Montecito's beachside lifestyle in an unbeatable Lower Village location.

Key Features

  • 0.21 acre lot

Property Details

1 story
2 full, 1 half

Monthly Cost Estimate

$27,276/mo

20% down · 6.5% · 30 years

Principal$3,688
Interest$22,100
Insurance$1,488

Estimates only. Actual payments may vary.

Location

1315 Virginia Road

Montecito, CA 93108

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 1315 Virginia Road is listed at $5,100,000. The estimated monthly payment is $22,100 based on 20% down at 6.5% interest.

Key features include: 0.21 acre lot.

This property is listed by Tony Miller and can be reached at 8057054007 or tonymillersb@gmail.com.

TM

Tony Miller

Agent at Compass

(805) 705-4007

Listed by Compass · View on Broker Site

MLS# 26-1192· Source: listhub· Updated 48 days ago

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1315 Virginia Road, Montecito, CA 93108

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