Newly constructed, boutique, short-term rental property in central downtown Santa Barbara location. Villa Castillo is a five-suite boutique short-term vacation rental property in downtown Santa Barbara, a half-mile to State Street and moments from the famed Funk Zone and white sand beaches. One of only a few fully permitted short term rental properties allowed in the downtown area, Villa Castillo was completed in May of 2020 with great attention to detail and has been meticulously maintained by the current owner. The property consists of two large 2BD/2BA suites, each with a full kitchen and their own private laundry, plus three studio suites, each with their own kitchenette and a shared laundry facility. All suites offer plentiful natural light, high ceilings, and modern, fully renovated interiors. Amenities include high-speed internet access, air conditioning, BBQs and Tesla charging station. This is a turnkey opportunity for the investor looking to expand their short-term rental portfolio and capitalize on the approximately 7.2 million visitors to Santa Barbara, or for a buyer looking for their pied-à-terre in Santa Barbara that not only supports their ownership costs but generates income on their investment.
For sale
Price cut: $250K (5/21)
$4,400,000
1124 Castillo St, Santa Barbara, CA 93101
2beds
3baths
3,459sqft
Est.:
Multi Family
Built in 2020
-- sqft lot
$4,124,300 Zestimate®
$1,272/sqft
$-- HOA
What's special
- 124 days
- on Zillow |
- 446 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: May 21, 2025 at 08:52am
Listed by:
Christos Celmayster 01342996,
Hayes Commercial Group
Source: SBMLS,MLS#: 25-953

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- GFA
Appliances
- Laundry: Laundry Room, In Unit
Features
- Flooring: Wood/Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 3,459 sqft
Property
Parking
- Total spaces: 7
- Parking features: Open
- Uncovered spaces: 7
Accessibility
- Accessibility features: Customized Wheelchair Accessible
Features
- Stories: 1
Lot
- Size: 10,558 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 039212035
- Zoning: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Mixed
Condition
- Excellent
- Year built: 2020
Community & HOA
Community
- Subdivision: 15 or 20 - Downtown
Location
- Region: Santa Barbara
Financial & listing details
- Price per square foot: $1,272/sqft
- Date on market: 3/6/2025
- Listing terms: Cash
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