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
125 W Mountain Dr Santa Barbara, CA Modern Hilltop Retreat with Iconic Views . Resting above Montecito on a private, gated kno...	3 beds \| 3 baths \| 2,301 sq.ft.	$5,995,000	Airbnb cash on cash: -1.28% Traditional cash on cash: -0.8% Airbnb Rental Income: $3521 Traditional Rental Income: $5396 Airbnb ROI: -1.28% Traditional ROI: -0.8%
969 Miramonte Dr #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: 0.72% Traditional cash on cash: 0.8% Airbnb Rental Income: $3197 Traditional Rental Income: $2546 Airbnb ROI: 0.72% Traditional ROI: 0.8%
2727 Miradero Dr #104 Santa Barbara, CA 2727 Miradero Dr #104, Santa Barbara, CA 93105 \| Condo/Coop	3 beds \| 2 baths \| 1,404 sq.ft.	$1,035,000	Airbnb cash on cash: 4.53% Traditional cash on cash: 1.99% Airbnb Rental Income: $7187 Traditional Rental Income: $3355 Airbnb ROI: 4.53% Traditional ROI: 1.99%
1204 San Andres St Santa Barbara, CA 1204 San Andres St, Santa Barbara, CA 93101 \| Multi Family	6 beds \| 4 baths \| 2,429 sq.ft.	$2,340,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.6% Airbnb Rental Income: $2271 Traditional Rental Income: $6938 Airbnb ROI: -0.81% Traditional ROI: 1.6%
216 Santa Barbara St #C Santa Barbara, CA Villa Del Mar. This south facing unit offers Elegant sun washed interiors & wood floors. ...	2 beds \| 2 baths \| 1,696 sq.ft.	$2,324,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 0.46% Airbnb Rental Income: $2271 Traditional Rental Income: $3653 Airbnb ROI: -0.45% Traditional ROI: 0.46%
114 La Marina Santa Barbara, CA Original owner home in Marine Terrace, 3 doors away from Shoreline Park! Ocean view from...	3 beds \| 3 baths \| 1,461 sq.ft.	$5,500,000	Airbnb cash on cash: -0.96% Traditional cash on cash: -0.92% Airbnb Rental Income: $5229 Traditional Rental Income: $4366 Airbnb ROI: -0.96% Traditional ROI: -0.92%
636 Oak Grove Dr Santa Barbara, CA Enter through a long driveway leading to an enchanting cottage nestled amongst colorful ga...	5 beds \| 3 baths \| 2,610 sq.ft.	$4,795,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.5% Airbnb Rental Income: $null Traditional Rental Income: $5672 Airbnb ROI: N/A Traditional ROI: -0.5%
1932 N Jameson Ln #B Santa Barbara, CA In a town where beauty and intention go hand in hand, this 3-bedroom Montecito condo offer...	3 beds \| 2 baths \| 1,258 sq.ft.	$1,599,950	Airbnb cash on cash: -1.45% Traditional cash on cash: -0.45% Airbnb Rental Income: $1952 Traditional Rental Income: $2926 Airbnb ROI: -1.45% Traditional ROI: -0.45%
618 Anacapa St #5 Santa Barbara, CA Welcome to Casa Zafiro, a Tuscan-style villa located in one of the most exclusive gated en...	3 beds \| 3 baths \| 2,659 sq.ft.	$2,895,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.57% Airbnb Rental Income: $2213 Traditional Rental Income: $5017 Airbnb ROI: -0.69% Traditional ROI: 0.57%
1438 Hillcrest Rd Santa Barbara, CA PANORAMIC MOUNTAIN VIEWS! This 3bed/3bath 2,519 sq. ft. home is just a few minutes from th...	3 beds \| 3 baths \| 2,519 sq.ft.	$5,900,000	Airbnb cash on cash: -1.11% Traditional cash on cash: -0.8% Airbnb Rental Income: $4575 Traditional Rental Income: $5307 Airbnb ROI: -1.11% Traditional ROI: -0.8%
31 Cedar Ln Santa Barbara, CA A private oasis tucked away in Eucalyptus Hill, Cape Cod style with mountain and ocean vie...	3 beds \| 3 baths \| 2,588 sq.ft.	$3,750,000	Airbnb cash on cash: -1.46% Traditional cash on cash: -0.07% Airbnb Rental Income: $1553 Traditional Rental Income: $5935 Airbnb ROI: -1.46% Traditional ROI: -0.07%
180 Hermosillo Rd Santa Barbara, CA This mid-century design is a whimsical yet sophisticated mix of wood and glass, blending i...	4 beds \| 4 baths \| 2,452 sq.ft.	$4,799,500	Airbnb cash on cash: -1.62% Traditional cash on cash: -0.37% Airbnb Rental Income: $1066 Traditional Rental Income: $6235 Airbnb ROI: -1.62% Traditional ROI: -0.37%
9 E Quinto St Santa Barbara, CA This quintessential Santa Barbara home sits behind a sandstone wall & under a red tile roo...	3 beds \| 2 baths \| 2,157 sq.ft.	$3,300,000	Airbnb cash on cash: -1.44% Traditional cash on cash: -0.42% Airbnb Rental Income: $1512 Traditional Rental Income: $4190 Airbnb ROI: -1.44% Traditional ROI: -0.42%
1413 Shoreline Dr Santa Barbara, CA Santa Barbara Beach House with scenic vistas of the Pacific Ocean and Channel islands on ....	2 beds \| 3 baths \| 1,770 sq.ft.	$4,295,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 0.17% Airbnb Rental Income: $2885 Traditional Rental Income: $7519 Airbnb ROI: -1.16% Traditional ROI: 0.17%
676 San Ramon Dr Santa Barbara, CA Welcome home to this charming house coming to market for the first time in 50 years! Locat...	3 beds \| 2 baths \| 1,230 sq.ft.	$1,525,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 2.42% Airbnb Rental Income: $4057 Traditional Rental Income: $5058 Airbnb ROI: 1.1% Traditional ROI: 2.42%
1312 Shoreline Dr Santa Barbara, CA	4 beds \| 2 baths \| 3,100 sq.ft.	$7,900,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 0.06% Airbnb Rental Income: $2311 Traditional Rental Income: $11417 Airbnb ROI: -1.26% Traditional ROI: 0.06%
4156 Vista Clara Rd Santa Barbara, CA Horse property! Enjoy the country life just a couple minutes from major Santa Barbara shop...	5 beds \| 3 baths \| 1,456 sq.ft.	$2,665,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.12% Airbnb Rental Income: $null Traditional Rental Income: $6527 Airbnb ROI: N/A Traditional ROI: 1.12%
1903 Coyote Cir Santa Barbara, CA Charming single level Mediterranean home situated on a private cul-de-sac just minutes to ...	3 beds \| 2 baths \| 2,351 sq.ft.	$4,250,000	Airbnb cash on cash: -0.96% Traditional cash on cash: -0.52% Airbnb Rental Income: $3521 Traditional Rental Income: $4483 Airbnb ROI: -0.96% Traditional ROI: -0.52%
1917 Bath St Santa Barbara, CA Front home is a 3 Bed 2 bath craftsman style home built in 1917 9-foot ceilings throughout...	3 beds \| 2 baths \| 1,567 sq.ft.	$2,875,000	Airbnb cash on cash: -0.19% Traditional cash on cash: -0.19% Airbnb Rental Income: $5091 Traditional Rental Income: $4028 Airbnb ROI: -0.19% Traditional ROI: -0.19%
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 \| 3,466 sq.ft.	$3,850,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.79% Airbnb Rental Income: $null Traditional Rental Income: $9189 Airbnb ROI: N/A Traditional ROI: 0.79%
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 \| 0 sq.ft.	$1,995,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 1.67% Airbnb Rental Income: $1257 Traditional Rental Income: $6438 Airbnb ROI: -1.34% Traditional ROI: 1.67%
0 Santa Barbara Harbor, Marina 3c, Slip St-13 Santa Barbara, CA It is here where the anchor drops. A one-of-a-kind masterpiece designed and rebuilt by a f...	2 beds \| 1 baths \| N/A	$2,750,000	Airbnb cash on cash: -1.36% Traditional cash on cash: -0.56% Airbnb Rental Income: $1546 Traditional Rental Income: $3131 Airbnb ROI: -1.36% Traditional ROI: -0.56%
532 E Arrellaga St #A Santa Barbara, CA Quiet Upper East location with spacious bedroom, full bath and separate office. Light and ...	1 beds \| 1 baths \| 930 sq.ft.	$749,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 5.55% Airbnb Rental Income: $1990 Traditional Rental Income: $5095 Airbnb ROI: 0.35% Traditional ROI: 5.55%
1301 Plaza de Sonadores Santa Barbara, CA Welcome to 1301 Plaza De Sonadores in the sought after Bonnymede community. This resort-li...	2 beds \| 2 baths \| 1,392 sq.ft.	$5,950,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 0.51% Airbnb Rental Income: $4130 Traditional Rental Income: $8779 Airbnb ROI: -0.49% Traditional ROI: 0.51%
937 Arcady Rd Santa Barbara, CA Inspired by the renowned architects that shaped Montecito, this classic home reminds us of...	3 beds \| 3 baths \| 3,689 sq.ft.	$6,450,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 1.35% Airbnb Rental Income: $11310 Traditional Rental Income: $15508 Airbnb ROI: 0.3% Traditional ROI: 1.35%
2125 Birnam Wood Dr Santa Barbara, CA An unparalleled opportunity awaits behind the gates of Montecito's exclusive Birnam Wood G...	4 beds \| 5 baths \| 4,584 sq.ft.	$13,250,000	Airbnb cash on cash: -1% Traditional cash on cash: -0.33% Airbnb Rental Income: $1066 Traditional Rental Income: $8932 Airbnb ROI: -1% Traditional ROI: -0.33%
330 W Canon Perdido St Santa Barbara, CA ''CASITAS CARINOS'' ANDALUSIAN ARCHITECTURAL GEM Built in 2011 on a rare corner lot 50' by...	6 beds \| 6 baths \| N/A	$2,595,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.35% Airbnb Rental Income: $null Traditional Rental Income: $6983 Airbnb ROI: N/A Traditional ROI: 1.35%
3719 Santa Ynez Court Santa Barbara, CA New construction 4BR 2BA off Rosamond Ave in Rosamond, Nice large home located on Cul-de-S...	4 beds \| 2 baths \| 1,694 sq.ft.	$425,000	Airbnb cash on cash: 8.26% Traditional cash on cash: 7.88% Airbnb Rental Income: $5125 Traditional Rental Income: $3930 Airbnb ROI: 8.26% Traditional ROI: 7.88%
126 W Calle Crespis #6 Santa Barbara, CA ''Welcome to Villa Margarita! A single-level California cottage style condo, nestled in th...	1 beds \| 1 baths \| 616 sq.ft.	$746,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 2.67% Airbnb Rental Income: $4206 Traditional Rental Income: $3169 Airbnb ROI: 2.88% Traditional ROI: 2.67%
2600 Holly Rd Santa Barbara, CA Santa Barbara living at its best! This Santa Barbara gem is nestled in the rolling hills o...	3 beds \| 3 baths \| 3,095 sq.ft.	$3,350,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 1.33% Airbnb Rental Income: $2369 Traditional Rental Income: $7877 Airbnb ROI: -0.63% Traditional ROI: 1.33%
2347 E Valley Rd Santa Barbara, CA Exclusive Montecito Gem: Ultimate Entertaining Haven ~ Experience the epitome of luxury li...	6 beds \| 5 baths \| 7,146 sq.ft.	$5,995,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.21% Airbnb Rental Income: $null Traditional Rental Income: $8685 Airbnb ROI: N/A Traditional ROI: -0.21%

Real Estate investment in Santa-barbara, CA

There are 283 properties for sale in the city of Santa Barbara . The median list price in Santa Barbara is $2,950,000 and the average price per square foot is $1,005. In February 2026, the average monthly cash on cash return in Santa Barbara is N/A%. The average monthly rental income in Santa Barbara is $4,131.

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

There are 283 investment properties available for sale in Santa-barbara.

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

The ROI for Long-Term is higher than the Short-Term in Santa-barbara with average rental income of $4,131.

Your search for investment property begins and ends here

Investment Property for Sale in Santa Barbara, CA

125 W Mountain Dr

Santa Barbara, CA

3 beds | 3 baths | 2,301 sq.ft.

$5,995,000

Airbnb cash on cash: -1.28%

Traditional cash on cash: -0.8%

Airbnb Rental Income: $3521

Traditional Rental Income: $5396

Airbnb ROI: -1.28%

Traditional ROI: -0.8%

969 Miramonte Dr #5

Santa Barbara, CA

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

$955,000

Airbnb cash on cash: 0.72%

Traditional cash on cash: 0.8%

Airbnb Rental Income: $3197

Traditional Rental Income: $2546

Airbnb ROI: 0.72%

Traditional ROI: 0.8%

2727 Miradero Dr #104

Santa Barbara, CA

3 beds | 2 baths | 1,404 sq.ft.

$1,035,000

Airbnb cash on cash: 4.53%

Traditional cash on cash: 1.99%

Airbnb Rental Income: $7187

Traditional Rental Income: $3355

Airbnb ROI: 4.53%

Traditional ROI: 1.99%

1204 San Andres St

Santa Barbara, CA

6 beds | 4 baths | 2,429 sq.ft.

$2,340,000

Airbnb cash on cash: -0.81%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $2271

Traditional Rental Income: $6938

Airbnb ROI: -0.81%

Traditional ROI: 1.6%

216 Santa Barbara St #C

Santa Barbara, CA

2 beds | 2 baths | 1,696 sq.ft.

$2,324,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 0.46%

Airbnb Rental Income: $2271

Traditional Rental Income: $3653

Airbnb ROI: -0.45%

Traditional ROI: 0.46%

114 La Marina

Santa Barbara, CA

3 beds | 3 baths | 1,461 sq.ft.

$5,500,000

Airbnb cash on cash: -0.96%

Traditional cash on cash: -0.92%

Airbnb Rental Income: $5229

Traditional Rental Income: $4366

Airbnb ROI: -0.96%

Traditional ROI: -0.92%

636 Oak Grove Dr

Santa Barbara, CA

5 beds | 3 baths | 2,610 sq.ft.

$4,795,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.5%

Airbnb Rental Income: $null

Traditional Rental Income: $5672

Airbnb ROI: N/A

Traditional ROI: -0.5%

1932 N Jameson Ln #B

Santa Barbara, CA

3 beds | 2 baths | 1,258 sq.ft.

$1,599,950

Airbnb cash on cash: -1.45%

Traditional cash on cash: -0.45%

Airbnb Rental Income: $1952

Traditional Rental Income: $2926

Airbnb ROI: -1.45%