Real Estate Investment Properties for Sale in Santa Barbara, CA

Looking for investment property in Santa Barbara, CA with high ROI ?

Explore a variety of short-term homes & houses in Santa Barbara, CA. Invest wisely with VRBO & Santa Barbara, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Santa Barbara, CA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2648 State St #25 Santa Barbara, CA Sophisticated and elegant two bedroom, two bathroom condo situated at the end of a cul-de-...	2 beds \| 2 baths \| 1,311 sq.ft.	$1,299,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 0.64% Airbnb Rental Income: $7409 Traditional Rental Income: $3315 Airbnb ROI: 2.85% Traditional ROI: 0.64%
627 Romero Canyon Rd Santa Barbara, CA Tucked behind an understated wall of wood and stone sits a peaceful retreat exemplifying t...	4 beds \| 4 baths \| 2,441 sq.ft.	$3,499,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 0.46% Airbnb Rental Income: $10166 Traditional Rental Income: $7270 Airbnb ROI: 0.77% Traditional ROI: 0.46%
5150 E Camino Cielo Santa Barbara, CA Savor solitude, space & a peaceful lifestyle of acreage, nature & views ...plus room for e...	5 beds \| 3 baths \| 4,438 sq.ft.	$2,950,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.52% Airbnb Rental Income: $null Traditional Rental Income: $6644 Airbnb ROI: N/A Traditional ROI: 0.52%
968 N Patterson Ave Santa Barbara, CA 968 N Patterson Ave, Santa Barbara, CA 93111 \| Single Family Residential	4 beds \| 3 baths \| 2,867 sq.ft.	$3,450,000	Airbnb cash on cash: 2.38% Traditional cash on cash: -0.07% Airbnb Rental Income: $16198 Traditional Rental Income: $5495 Airbnb ROI: 2.38% Traditional ROI: -0.07%
969 Miramonte Drive #5 Santa Barbara, CA Welcome to the best The Highlands have to offer! This highly sought after 2 bed 2 bath, 11...	2 beds \| 1 baths \| 1,120 sq.ft.	$955,000	Airbnb cash on cash: 5.62% Traditional cash on cash: 0.8% Airbnb Rental Income: $8423 Traditional Rental Income: $2546 Airbnb ROI: 5.62% Traditional ROI: 0.8%
2240 Sycamore Canyon Rd Santa Barbara, CA Set in a park-like setting, this updated 4 bedroom, 3 bath home across from Cold Spring S...	4 beds \| 4 baths \| 2,800 sq.ft.	$3,650,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 0.13% Airbnb Rental Income: $5905 Traditional Rental Income: $6479 Airbnb ROI: -0.38% Traditional ROI: 0.13%
751 Skyview Dr Santa Barbara, CA 751 Skyview Dr, Santa Barbara, CA 93108 \| Single Family Residential	4 beds \| 2 baths \| 2,498 sq.ft.	$3,195,000	Airbnb cash on cash: -0.19% Traditional cash on cash: -0.17% Airbnb Rental Income: $5905 Traditional Rental Income: $4787 Airbnb ROI: -0.19% Traditional ROI: -0.17%
915 Camino Medio Santa Barbara, CA 915 Camino Medio, Santa Barbara, CA 93110 \| Single Family Residential	5 beds \| 5 baths \| 4,203 sq.ft.	$9,995,000	Airbnb cash on cash: 1.63% Traditional cash on cash: -0.03% Airbnb Rental Income: $29794 Traditional Rental Income: $9251 Airbnb ROI: 1.63% Traditional ROI: -0.03%
2081 N San Marcos Rd Santa Barbara, CA As seen on the REAL HOUSEWIVES OF BEVERLY HILLS Spring 2020. A knoll-top location just min...	9 beds \| 7 baths \| 6,145 sq.ft.	$3,199,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $11197 Airbnb ROI: N/A Traditional ROI: 2.5%
195 Sheffield Dr Santa Barbara, CA 195 Sheffield Dr, Santa Barbara, CA 93108 \| Single Family Residential	4 beds \| 4 baths \| 4,074 sq.ft.	$7,595,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 0.12% Airbnb Rental Income: $10166 Traditional Rental Income: $8216 Airbnb ROI: 0.13% Traditional ROI: 0.12%
1806 Lighthouse Way Santa Barbara, CA 1806 Lighthouse Way, Santa Barbara, CA 93109 \| Single Family Residential	3 beds \| 3 baths \| 2,494 sq.ft.	$3,595,000	Airbnb cash on cash: 3.03% Traditional cash on cash: -0.43% Airbnb Rental Income: $19476 Traditional Rental Income: $4525 Airbnb ROI: 3.03% Traditional ROI: -0.43%
1045 Via Tranquila Santa Barbara, CA An Ocean & Mountain View Legacy Hope Ranch Property!Sophisticated informality combines wit...	4 beds \| 4 baths \| 5,740 sq.ft.	$16,995,000	Airbnb cash on cash: -0.54% Traditional cash on cash: -1.31% Airbnb Rental Income: $23495 Traditional Rental Income: $7269 Airbnb ROI: -0.54% Traditional ROI: -1.31%
107 Olive Mill Rd Santa Barbara, CA Newly built in 2019, this open floor-plan masterpiece is centrally located in the heart of...	2 beds \| 2 baths \| 3,065 sq.ft.	$6,500,000	Airbnb cash on cash: 1% Traditional cash on cash: -1.08% Airbnb Rental Income: $20322 Traditional Rental Income: $4201 Airbnb ROI: 1% Traditional ROI: -1.08%
252 E Mountain Dr Santa Barbara, CA Build your Dream Home with Unobstructed Ocean & Island Views. Wake up to looking up & down...	N/A beds \| N/A baths \| N/A	$1,649,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 0.97% Airbnb Rental Income: $4822 Traditional Rental Income: $3302 Airbnb ROI: 1.32% Traditional ROI: 0.97%
731 Cathedral Pointe Lane Santa Barbara, CA Tucked within the highly sought-after Cathedral Pointe community, this beautifully remodel...	3 beds \| 2 baths \| 2,101 sq.ft.	$2,140,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 0.37% Airbnb Rental Income: $10773 Traditional Rental Income: $4534 Airbnb ROI: 2.52% Traditional ROI: 0.37%
790 Rockbridge Rd Santa Barbara, CA In the heart of Riven Rock, The Historic Stanley McCormick Estate, lies this approx. 2.53 ...	6 beds \| 5 baths \| 5,369 sq.ft.	$15,995,000	Airbnb cash on cash: -0.24% Traditional cash on cash: -0.32% Airbnb Rental Income: $15416 Traditional Rental Income: $11526 Airbnb ROI: -0.24% Traditional ROI: -0.32%
418 Seaview Rd Santa Barbara, CA Amazing remodel walking distance to Montecito's Upper Village and Montecito Union School. ...	2 beds \| 2 baths \| 1,990 sq.ft.	$4,595,000	Airbnb cash on cash: 2.78% Traditional cash on cash: -0.2% Airbnb Rental Income: $20322 Traditional Rental Income: $4037 Airbnb ROI: 2.78% Traditional ROI: -0.2%
1611 Castillo St Santa Barbara, CA Tri-Plex close to downtown with development potential for additional units on this 16,988 ...	5 beds \| 3 baths \| 2,122 sq.ft.	$2,895,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 0.45% Airbnb Rental Income: $9732 Traditional Rental Income: $4150 Airbnb ROI: 1.85% Traditional ROI: 0.45%
102 S Voluntario St Santa Barbara, CA This property is a fixer property. Buyers are urged to have their contractors inspect the...	6 beds \| 4 baths \| 1,011 sq.ft.	$2,700,000	Airbnb cash on cash: 0.48% Traditional cash on cash: -0.45% Airbnb Rental Income: $7051 Traditional Rental Income: $3359 Airbnb ROI: 0.48% Traditional ROI: -0.45%
1352 Manitou Rd Santa Barbara, CA This custom-built Santa Barbara home offers a rare combination of privacy, modern construc...	3 beds \| 2 baths \| 2,531 sq.ft.	$2,395,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 0.78% Airbnb Rental Income: $10263 Traditional Rental Income: $4982 Airbnb ROI: 2.31% Traditional ROI: 0.78%
1144 Portesuello Ave Santa Barbara, CA This stunning mid-century modern home in Bel Air Knolls, redesigned and renovated just two...	4 beds \| 2 baths \| 1,815 sq.ft.	$2,995,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 0.99% Airbnb Rental Income: $15649 Traditional Rental Income: $7712 Airbnb ROI: 2.84% Traditional ROI: 0.99%
333 Old Mill Rd #103 Santa Barbara, CA Largest home offered in Rancho Santa Barbara! Custom ordered 2005 Silvercrest, rare 27' wi...	2 beds \| 2 baths \| 1,431 sq.ft.	$695,000	Airbnb cash on cash: 7.36% Traditional cash on cash: 4.51% Airbnb Rental Income: $7425 Traditional Rental Income: $4152 Airbnb ROI: 7.36% Traditional ROI: 4.51%
404 Los Robles Lane Santa Barbara, CA	3 beds \| 2 baths \| 2,864 sq.ft.	$3,495,000	Airbnb cash on cash: 2.01% Traditional cash on cash: -0.36% Airbnb Rental Income: $14977 Traditional Rental Income: $4623 Airbnb ROI: 2.01% Traditional ROI: -0.36%
118 Eucalyptus Hill Cir Santa Barbara, CA Arguably the best unit in the Eucalyptus Hill Circle complex for the combination of privac...	3 beds \| 2 baths \| 2,056 sq.ft.	$2,950,000	Airbnb cash on cash: 0.64% Traditional cash on cash: -0.14% Airbnb Rental Income: $8276 Traditional Rental Income: $4561 Airbnb ROI: 0.64% Traditional ROI: -0.14%
1215 Chino St Santa Barbara, CA Great Westside starter home. Zoned R-2. Detached 1.5-Car Garage. Dual pane windows, wood ...	2 beds \| 1 baths \| 1,108 sq.ft.	$1,295,000	Airbnb cash on cash: 3.84% Traditional cash on cash: 1.03% Airbnb Rental Income: $8423 Traditional Rental Income: $3442 Airbnb ROI: 3.84% Traditional ROI: 1.03%
1590 San Roque Rd Santa Barbara, CA As you come around the bend by Reservoir and see La Cumbre Peak, you definitely become rel...	3 beds \| 2 baths \| 1,667 sq.ft.	$3,649,000	Airbnb cash on cash: -0.2% Traditional cash on cash: -0.55% Airbnb Rental Income: $6671 Traditional Rental Income: $4177 Airbnb ROI: -0.2% Traditional ROI: -0.55%
51 Chase Dr Santa Barbara, CA Santa Barbara charm abounds in this beautiful, newly renovated 3 BR, 3 bath home nestled o...	3 beds \| 3 baths \| 2,634 sq.ft.	$4,849,000	Airbnb cash on cash: -0.28% Traditional cash on cash: -0.46% Airbnb Rental Income: $8276 Traditional Rental Income: $5925 Airbnb ROI: -0.28% Traditional ROI: -0.46%
856 Highland Dr #4 Santa Barbara, CA Location! Location! Location! This 'designer-style' condo is located on the renowned Mesa ...	1 beds \| 1 baths \| 630 sq.ft.	$789,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 0.73% Airbnb Rental Income: $3461 Traditional Rental Income: $1884 Airbnb ROI: 1.83% Traditional ROI: 0.73%
340 Old Mill Rd #152 Santa Barbara, CA San Vicente, a gated community for adults 55+, with a year-round heated pool & spa, tennis...	2 beds \| 2 baths \| 1,365 sq.ft.	$634,000	Airbnb cash on cash: 8.23% Traditional cash on cash: 4.89% Airbnb Rental Income: $7425 Traditional Rental Income: $4026 Airbnb ROI: 8.23% Traditional ROI: 4.89%
531 Chapala St #A Santa Barbara, CA Vibrant luxury at El Andaluz! Masterfully designed by award-winning architect, Jeff Shelto...	1 beds \| 1 baths \| 2,231 sq.ft.	$3,300,000	Airbnb cash on cash: -0.32% Traditional cash on cash: -0.3% Airbnb Rental Income: $3993 Traditional Rental Income: $3203 Airbnb ROI: -0.32% Traditional ROI: -0.3%
87 Humphrey Rd Santa Barbara, CA Welcome to Humphrey Road, Montecito's best kept beach neighborhood secret. With two homes...	4 beds \| 4 baths \| 3,122 sq.ft.	$4,750,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 0.37% Airbnb Rental Income: $10166 Traditional Rental Income: $9467 Airbnb ROI: 0.11% Traditional ROI: 0.37%
208 S Voluntario St Santa Barbara, CA Possibilities galore! Zoned R-M. First time on the market since the 1950s! Original hardwo...	3 beds \| 3 baths \| 1,760 sq.ft.	$1,495,000	Airbnb cash on cash: 9.63% Traditional cash on cash: 2.03% Airbnb Rental Income: $18138 Traditional Rental Income: $4378 Airbnb ROI: 9.63% Traditional ROI: 2.03%
1809 Cliff Dr #1 Santa Barbara, CA Easy Mesa living at its finest with this charming 2 bedroom, 2 bath condo with a private c...	2 beds \| 2 baths \| 1,529 sq.ft.	$1,595,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 1.32% Airbnb Rental Income: $7537 Traditional Rental Income: $5218 Airbnb ROI: 1.91% Traditional ROI: 1.32%
2919 Kenmore Pl Santa Barbara, CA PROBATE SALE ! AGGRESSIVELY PRICED !! NO COURT CONFIRMATION NEEDED !!! Panoramic Ocean & C...	4 beds \| 3 baths \| 2,092 sq.ft.	$2,499,000	Airbnb cash on cash: 5.36% Traditional cash on cash: 2.37% Airbnb Rental Income: $18622 Traditional Rental Income: $8385 Airbnb ROI: 5.36% Traditional ROI: 2.37%
1312 Shoreline Dr Santa Barbara, CA	4 beds \| 2 baths \| 3,100 sq.ft.	$7,650,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 0.1% Airbnb Rental Income: $17140 Traditional Rental Income: $11417 Airbnb ROI: 0.47% Traditional ROI: 0.1%
2911 Holly Rd Santa Barbara, CA Welcome to 2911 Holly Road, a 3,400+ sq. ft. 5 bedroom and 5 bathroom mid-century modern e...	6 beds \| 5 baths \| 4,216 sq.ft.	$4,113,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.63% Airbnb Rental Income: $null Traditional Rental Income: $9189 Airbnb ROI: N/A Traditional ROI: 0.63%
1493 Sycamore Canyon Rd Santa Barbara, CA	5 beds \| 3 baths \| 5,909 sq.ft.	$6,444,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 0.04% Airbnb Rental Income: $15432 Traditional Rental Income: $10828 Airbnb ROI: 0.35% Traditional ROI: 0.04%
6572 Stagecoach Rd Santa Barbara, CA Welcome to Oak Knoll Ranch, a serene haven nestled just off the historic Stagecoach Road. ...	5 beds \| 4 baths \| N/A	$1,995,000	Airbnb cash on cash: 8.19% Traditional cash on cash: 1.67% Airbnb Rental Income: $22438 Traditional Rental Income: $6438 Airbnb ROI: 8.19% Traditional ROI: 1.67%
0 Santa Barbara Harbor, Marina 3c, Slip St-13 Santa Barbara, CA SUBSTANTIAL PRICE REDUCTION. It is here where the anchor drops. A one-of-a-kind masterpiec...	2 beds \| 1 baths \| N/A	$2,395,000	Airbnb cash on cash: 0.87% Traditional cash on cash: -0.39% Airbnb Rental Income: $7333 Traditional Rental Income: $3131 Airbnb ROI: 0.87% Traditional ROI: -0.39%
1118 N Patterson Ave Santa Barbara, CA Searching for style? Welcome Home to this absolutely stunning organic modern oasis in the ...	4 beds \| 4 baths \| 2,735 sq.ft.	$3,750,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 0.79% Airbnb Rental Income: $16198 Traditional Rental Income: $8948 Airbnb ROI: 2.05% Traditional ROI: 0.79%

Real Estate investment in Santa-barbara, CA

There are 273 properties for sale in the city of Santa Barbara . The median list price in Santa Barbara is $1,780,821 and the average price per square foot is $598. In October 2026, the average monthly cash on cash return in Santa Barbara is N/A%. The average monthly rental income in Santa Barbara is $4,034.

Santa-barbara, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 273 investment properties available for sale in Santa-barbara.

In 2026, the best neighborhood to buy investment property is Westside.

The ROI for Long-Term is higher than the Short-Term in Santa-barbara with average rental income of $4,034.

Your search for investment property begins and ends here

Investment Property for Sale in Santa Barbara, CA

2648 State St #25

Santa Barbara, CA

2 beds | 2 baths | 1,311 sq.ft.

$1,299,000

Airbnb cash on cash: 2.85%

Traditional cash on cash: 0.64%

Airbnb Rental Income: $7409

Traditional Rental Income: $3315

Airbnb ROI: 2.85%

Traditional ROI: 0.64%

627 Romero Canyon Rd

Santa Barbara, CA

4 beds | 4 baths | 2,441 sq.ft.

$3,499,900

Airbnb cash on cash: 0.77%

Traditional cash on cash: 0.46%

Airbnb Rental Income: $10166

Traditional Rental Income: $7270

Airbnb ROI: 0.77%

Traditional ROI: 0.46%

5150 E Camino Cielo

Santa Barbara, CA

5 beds | 3 baths | 4,438 sq.ft.

$2,950,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.52%

Airbnb Rental Income: $null

Traditional Rental Income: $6644

Airbnb ROI: N/A

Traditional ROI: 0.52%

968 N Patterson Ave

Santa Barbara, CA

4 beds | 3 baths | 2,867 sq.ft.

$3,450,000

Airbnb cash on cash: 2.38%

Traditional cash on cash: -0.07%

Airbnb Rental Income: $16198

Traditional Rental Income: $5495

Airbnb ROI: 2.38%

Traditional ROI: -0.07%

969 Miramonte Drive #5

Santa Barbara, CA

2 beds | 1 baths | 1,120 sq.ft.

$955,000

Airbnb cash on cash: 5.62%

Traditional cash on cash: 0.8%

Airbnb Rental Income: $8423

Traditional Rental Income: $2546

Airbnb ROI: 5.62%

Traditional ROI: 0.8%

2240 Sycamore Canyon Rd

Santa Barbara, CA

4 beds | 4 baths | 2,800 sq.ft.

$3,650,000

Airbnb cash on cash: -0.38%

Traditional cash on cash: 0.13%

Airbnb Rental Income: $5905

Traditional Rental Income: $6479

Airbnb ROI: -0.38%

Traditional ROI: 0.13%

751 Skyview Dr

Santa Barbara, CA

4 beds | 2 baths | 2,498 sq.ft.

$3,195,000

Airbnb cash on cash: -0.19%

Traditional cash on cash: -0.17%

Airbnb Rental Income: $5905

Traditional Rental Income: $4787

Airbnb ROI: -0.19%

Traditional ROI: -0.17%

915 Camino Medio

Santa Barbara, CA

5 beds | 5 baths | 4,203 sq.ft.

$9,995,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: -0.03%

Airbnb Rental Income: $29794

Traditional Rental Income: $9251

Airbnb ROI: 1.63%