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!
Property Type
ResidentialCounty
Santa BarbaraStyle
ResidentialAD ID
50238235
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 5
Bathroom Information
- Total Baths: 3
- Full Baths: 3
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Exterior Property Features : Awning(s)
- Interior Features: Main Level Primary
- Windows: Double Pane Windows
- Property Appliances: Gas Oven,Refrigerator,Water Heater
- Fireplace: None
- Flooring: Bamboo,Carpet
Cooling Features
- None
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1959
- Roof: Composition
Exterior Features
- Awning(s)
Foundation
- Slab
Pool Features
- None
Laundry Features
- In Garage
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.14
- Lot Size Source: Assessor
- Lot Size Square Feet: 6098
-
Listing Information
Listing Price Information
- Original List Price: 1,700,000
- Listing Contract Date: 2025-05-29
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 065171024
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Door-Multi,Driveway,Garage
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: VC81 - Santa Barbara
- Postal Code Plus 4: 2635
- Directions: Hollister Avenue to Walnut Lane, home is on the left
- Zoning: 7-R-1
- Source Property Type: Residential
- Area: VC81 - Santa Barbara
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 66
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Total Square Feet Living: 2046
- Entry Location: front
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: House
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BuyOwner last updated this listing 06/27/2025 @ 13:58
- MLS: SC25135435
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 5 bedrooms which is for sale, it has 2,046 sqft, 6,098 sized lot, and 2 parking. are nearby neighborhoods.