Condo / High-rise home in Santa Barbara, CA
A Condo condo in Santa Barbara, CA, it offers 2 bedrooms and 2 bathrooms across 884 square feet. Its Condo character defines the property's look.
| Price | $1,590,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 884 |
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| Architectural style | Condo / High-rise (78% match) |
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| Address | 101 Oceano Ave APT 8, Santa Barbara, CA 93109 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced above comparable homes.
- At $1.6M, this home is 3% below the $1.6M median for 16 similar Condo / High-rise homes in Santa Barbara, CA.
- That works out to $1799 per square foot, 132% above the $777 comparable rate.
- On the market 90 days, longer than usual here, so the seller may be open to offers.
- The asking price has already been cut about 2%, a sign the seller is motivated.
| This home | $1,590,000 |
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| Condo / High-rise median in Santa Barbara, CA | $1,642,500 (16 homes) |
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| Price per sq ft | $1,799 vs. $777 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $10,889/month with 20% down at a 7.28% 30-year fixed rate. You would need about $466,690 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $8,703/mo |
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| Property tax (new-buyer reassessed rate) | $1,590/mo |
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| Homeowners insurance | $596/mo |
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| Total monthly | $10,889/mo |
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| Down payment (20%) | $318,000 |
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| Income needed | $466,690/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (73 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (73/100) |
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| Beats renting in | 31% of modeled paths |
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| Modeled 5-yr equity (median) | $950,867 |
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| Range (10th to 90th pct) | $619,464 to $1,367,333 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow