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 Drive Santa Barbara, CA Modern Hilltop Retreat with Iconic Views . Resting above Montecito on a private, gated kno...	3 beds \| 4 baths \| 2,880 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%
2253 Las Canoas Road Santa Barbara, CA MISSION CANYON HIDEAWAY-Beautiful remodeled 4BR/3BA mid-century home on 1+- wooded acre of...	4 beds \| 3 baths \| 2,350 sq.ft.	$2,450,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 0.92% Airbnb Rental Income: $3691 Traditional Rental Income: $5586 Airbnb ROI: -0.27% Traditional ROI: 0.92%
30 S Salinas Street #B Santa Barbara, CA Picture stepping through the front door and feeling your shoulders drop as the world outsi...	3 beds \| 1 baths \| 1,090 sq.ft.	$1,099,000	Airbnb cash on cash: -1.31% Traditional cash on cash: 0.73% Airbnb Rental Income: $1553 Traditional Rental Income: $3194 Airbnb ROI: -1.31% Traditional ROI: 0.73%
1330 W Valerio Street Santa Barbara, CA Nestled close to the Mesa & in one of Santa Barbara's most desirable neighborhoods you'll ...	2 beds \| 2 baths \| 1,465 sq.ft.	$1,639,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 1.55% Airbnb Rental Income: $2427 Traditional Rental Income: $4333 Airbnb ROI: -0.1% Traditional ROI: 1.55%
5651 W Camino Cielo Santa Barbara, CA Set on 6.29+/- acres between Windemere Ranch and the Los Padres National Forest, this sere...	4 beds \| 3 baths \| N/A	$4,495,000	Airbnb cash on cash: 1.84% Traditional cash on cash: -0.1% Airbnb Rental Income: $16523 Traditional Rental Income: $5492 Airbnb ROI: 1.84% Traditional ROI: -0.1%
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%
15 Fremont Lane Santa Barbara, CA Escape to this beautifully updated 3-bedroom, 1.25-bath cabin nestled in the peaceful Los ...	3 beds \| 2 baths \| 1,150 sq.ft.	$605,000	Airbnb cash on cash: 6.08% Traditional cash on cash: 6.88% Airbnb Rental Income: $5651 Traditional Rental Income: $4969 Airbnb ROI: 6.08% Traditional ROI: 6.88%
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%
1010 Portesuello Avenue Santa Barbara, CA Nestled on a knoll in the coveted Bel Air neighborhood, on a very private 1 acre lot & boa...	3 beds \| 2 baths \| 2,603 sq.ft.	$2,775,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 1.74% Airbnb Rental Income: $5645 Traditional Rental Income: $7717 Airbnb ROI: 0.5% Traditional ROI: 1.74%
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 Street Santa Barbara, CA Front home is a 3 Bed 2 bath craftsman style home built in 1917 9-foot ceilings throughout...	6 beds \| N/A baths \| 1,567 sq.ft.	$2,875,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.19% Airbnb Rental Income: $null Traditional Rental Income: $4028 Airbnb ROI: N/A Traditional ROI: -0.19%
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: -1.12% Traditional cash on cash: -0.56% Airbnb Rental Income: $2271 Traditional Rental Income: $3131 Airbnb ROI: -1.12% Traditional ROI: -0.56%
922 Fellowship Road Santa Barbara, CA Nestled into the lush trees of the Mesa neighborhood, this beautifully updated four-bedroo...	4 beds \| 2 baths \| 1,949 sq.ft.	$2,795,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 1.44% Airbnb Rental Income: $2622 Traditional Rental Income: $7042 Airbnb ROI: -0.51% Traditional ROI: 1.44%
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%
2600 Holly Road 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%
1090 Toro Canyon Road Santa Barbara, CA Take a romantic tree-lined drive up Toro Canyon and escape to ''Rancho Encantado,'' a sere...	5 beds \| N/A baths \| 5,628 sq.ft.	$4,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.34% Airbnb Rental Income: $null Traditional Rental Income: $8507 Airbnb ROI: N/A Traditional ROI: 0.34%
613 Maria Ygnacia Lane Santa Barbara, CA Best kept secret with this rare offering on Maria Ygnacia Lane in Nolita. Spread across 16...	4 beds \| 5 baths \| 5,164 sq.ft.	$10,500,000	Airbnb cash on cash: -0.41% Traditional cash on cash: -1.03% Airbnb Rental Income: $16002 Traditional Rental Income: $7169 Airbnb ROI: -0.41% Traditional ROI: -1.03%
4440 Shadow Hills Circle unit: C #C Santa Barbara, CA Feels like coming home to a five star resort. Welcome to the gated community of Shadow Hil...	2 beds \| 2 baths \| 1,677 sq.ft.	$1,050,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.31% Airbnb Rental Income: $2353 Traditional Rental Income: $4292 Airbnb ROI: -0.27% Traditional ROI: 2.31%
838 Toro Canyon Road Santa Barbara, CA One of the last ocean view parcels available, plans and permits in process for this ridget...	4 beds \| 5 baths \| N/A	$2,285,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 2.89% Airbnb Rental Income: $1066 Traditional Rental Income: $9273 Airbnb ROI: -1.15% Traditional ROI: 2.89%
222 Meigs Road #16 Santa Barbara, CA Welcome to a piece of paradise in one of Santa Barbara's most sought-after neighborhoods o...	3 beds \| N/A baths \| 2,020 sq.ft.	$2,175,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 0.9% Airbnb Rental Income: $11310 Traditional Rental Income: $5305 Airbnb ROI: 2.84% Traditional ROI: 0.9%
4450 Via Alegre Santa Barbara, CA This elegantly and fully remodeled contemporary estate is a masterclass in modern design. ...	5 beds \| 4 baths \| 6,362 sq.ft.	$9,250,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.5% Airbnb Rental Income: $null Traditional Rental Income: $10814 Airbnb ROI: N/A Traditional ROI: -0.5%
1301 Plaza Pacifica Santa Barbara, CA Welcome to one of the most sought-after oceanfront locations in Montecito-an exceptional g...	2 beds \| 2 baths \| 1,943 sq.ft.	$8,450,000	Airbnb cash on cash: -1.35% Traditional cash on cash: -1.23% Airbnb Rental Income: $4130 Traditional Rental Income: $4200 Airbnb ROI: -1.35% Traditional ROI: -1.23%
4517 Vieja Drive Santa Barbara, CA Villa Serena: Your Private Sanctuary in Prestigious Hope Ranch. Nestled amidst the majesti...	4 beds \| 4 baths \| 3,250 sq.ft.	$5,000,000	Airbnb cash on cash: 1.16% Traditional cash on cash: -0.31% Airbnb Rental Income: $16523 Traditional Rental Income: $6803 Airbnb ROI: 1.16% Traditional ROI: -0.31%
945 Arbolado Rd Santa Barbara, CA Perched atop Santa Barbara's Riviera, this newly built, one-of-a-kind contemporary masterp...	4 beds \| 3 baths \| 3,775 sq.ft.	$7,950,000	Airbnb cash on cash: 0.08% Traditional cash on cash: -0.99% Airbnb Rental Income: $16523 Traditional Rental Income: $5715 Airbnb ROI: 0.08% Traditional ROI: -0.99%
840 Cheltenham Road Santa Barbara, CA Turnkey modern home with a view! Nestled in Mission Canyon Heights, this retreat boasts wi...	3 beds \| 3 baths \| 1,999 sq.ft.	$1,775,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 1.52% Airbnb Rental Income: $7187 Traditional Rental Income: $4648 Airbnb ROI: 2.22% Traditional ROI: 1.52%
4723 Frazier Ln Santa Barbara, CA Great home near shopping centers, beach, airport, and UCSB. Great location easy access to ...	3 beds \| 2 baths \| 1,367 sq.ft.	$1,469,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 0.85% Airbnb Rental Income: $5651 Traditional Rental Income: $3834 Airbnb ROI: 1.35% Traditional ROI: 0.85%
514 E Islay Street unit: A&B #A&B Santa Barbara, CA Quality & Prime Location Santa Barbara Duplex with views! Both Units are currently occupie...	4 beds \| N/A baths \| N/A	$2,295,000	Airbnb cash on cash: 4.65% Traditional cash on cash: 0.45% Airbnb Rental Income: $16523 Traditional Rental Income: $4640 Airbnb ROI: 4.65% Traditional ROI: 0.45%
2106 Mt Calvary Road Santa Barbara, CA Timeless Charm with Endless Potential in a Tranquil Setting Located in a serene, quiet nei...	4 beds \| 4 baths \| 4,217 sq.ft.	$3,200,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 1.62% Airbnb Rental Income: $3691 Traditional Rental Income: $8206 Airbnb ROI: -0.17% Traditional ROI: 1.62%
325 Ladera Street unit: 5 #5 Santa Barbara, CA Tucked away on a quiet cul de sac, this cozy unit is situated in the Woodside Condo comple...	2 beds \| 2 baths \| 1,090 sq.ft.	$1,020,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 1.4% Airbnb Rental Income: $2240 Traditional Rental Income: $3323 Airbnb ROI: -0.34% Traditional ROI: 1.4%
1012 Alphonse Street Santa Barbara, CA This is an opportunity for contractors and builders or investors. This is not for the fain...	2 beds \| 1 baths \| 720 sq.ft.	$690,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 2.98% Airbnb Rental Income: $1726 Traditional Rental Income: $2699 Airbnb ROI: 0.73% Traditional ROI: 2.98%
115 El Gaucho Lane Santa Barbara, CA Looking for quiet and the peace of being in nature? This beautifully updated cabin in the ...	2 beds \| 1 baths \| 1,169 sq.ft.	$395,999	Airbnb cash on cash: 2.4% Traditional cash on cash: 6.94% Airbnb Rental Income: $2169 Traditional Rental Income: $3303 Airbnb ROI: 2.4% Traditional ROI: 6.94%
601 San Ysidro Road Santa Barbara, CA 601 San Ysidro Montecito, California 93108 4 Bedrooms 3 1/2 Bathrooms 1 Bedroom, 1 Bathroo...	5 beds \| 4 baths \| 3,399 sq.ft.	$6,895,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.39% Airbnb Rental Income: $null Traditional Rental Income: $10083 Airbnb ROI: N/A Traditional ROI: 0.39%
285 Las Alturas Road Santa Barbara, CA This beautifully updated mid century modern split- level home features a spacious open flo...	2 beds \| 2 baths \| N/A	$3,500,000	Airbnb cash on cash: -1.39% Traditional cash on cash: -0.52% Airbnb Rental Income: $1726 Traditional Rental Income: $4075 Airbnb ROI: -1.39% Traditional ROI: -0.52%
424 E Arrellaga Street Santa Barbara, CA Nestled in a sought after location where the gentle chimes of the historic mission bell cr...	2 beds \| 1 baths \| 995 sq.ft.	$1,249,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.83% Airbnb Rental Income: $2732 Traditional Rental Income: $3297 Airbnb ROI: -0.21% Traditional ROI: 0.83%
30 S Salinas unit: B #B Santa Barbara, CA A Coastal Retreat Just Minutes from East Beach Tucked away in the heart of Santa Barbara, ...	3 beds \| 2 baths \| 1,090 sq.ft.	$1,099,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 1.53% Airbnb Rental Income: $1553 Traditional Rental Income: $3449 Airbnb ROI: -0.76% Traditional ROI: 1.53%
82 La Mesa Santa Barbara, CA The Ideal Cozy Retreat Cabin Overlooking the Santa Ynez River Valley! Nestled on a hilltop...	1 beds \| 1 baths \| 536 sq.ft.	$390,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.36% Airbnb Rental Income: $1672 Traditional Rental Income: $2330 Airbnb ROI: 1.28% Traditional ROI: 4.36%
1808 Stanwood Drive Santa Barbara, CA Nestled in one of Santa Barbara's most coveted microclimates, this enchanting two-bedroom,...	2 beds \| 1 baths \| 1,213 sq.ft.	$1,695,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.5% Airbnb Rental Income: $2354 Traditional Rental Income: $3639 Airbnb ROI: -0.69% Traditional ROI: 0.5%
6 E Valerio Street Santa Barbara, CA Nestled in the heart of downtown Santa Barbara, Casa Valerio blends classic charm with mod...	4 beds \| N/A baths \| 2,389 sq.ft.	$5,995,000	Airbnb cash on cash: 0.6% Traditional cash on cash: -1.07% Airbnb Rental Income: $16523 Traditional Rental Income: $4299 Airbnb ROI: 0.6% Traditional ROI: -1.07%
220 W Figueroa Street Santa Barbara, CA For the Investor/Developer. Only serious Buyers will be Considered. Proof of Funds require...	3 beds \| 2 baths \| 1,900 sq.ft.	$1,625,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 1.81% Airbnb Rental Income: $4206 Traditional Rental Income: $4450 Airbnb ROI: 1.06% Traditional ROI: 1.81%

Real Estate investment in Santa-barbara, CA

There are 204 properties for sale in the city of Santa Barbara . The median list price in Santa Barbara is $2,745,000 and the average price per square foot is $910. In December 2025, the average monthly cash on cash return in Santa Barbara is N/A%. The average monthly rental income in Santa Barbara is $4,148.

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

There are 204 investment properties available for sale in Santa-barbara.

In 2025, the best neighborhood to buy investment property is Hidden Valley.

The ROI for Short-Term is higher than the Long-Term in Santa-barbara with average rental income of $4,595.

Your search for investment property begins and ends here

Investment Property for Sale in Santa Barbara, CA

125 W Mountain Drive

Santa Barbara, CA

3 beds | 4 baths | 2,880 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%

2253 Las Canoas Road

Santa Barbara, CA

4 beds | 3 baths | 2,350 sq.ft.

$2,450,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: 0.92%

Airbnb Rental Income: $3691

Traditional Rental Income: $5586

Airbnb ROI: -0.27%

Traditional ROI: 0.92%

30 S Salinas Street #B

Santa Barbara, CA

3 beds | 1 baths | 1,090 sq.ft.

$1,099,000

Airbnb cash on cash: -1.31%

Traditional cash on cash: 0.73%

Airbnb Rental Income: $1553

Traditional Rental Income: $3194

Airbnb ROI: -1.31%

Traditional ROI: 0.73%

1330 W Valerio Street

Santa Barbara, CA

2 beds | 2 baths | 1,465 sq.ft.

$1,639,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $2427

Traditional Rental Income: $4333

Airbnb ROI: -0.1%

Traditional ROI: 1.55%

5651 W Camino Cielo

Santa Barbara, CA

4 beds | 3 baths | N/A

$4,495,000

Airbnb cash on cash: 1.84%

Traditional cash on cash: -0.1%

Airbnb Rental Income: $16523

Traditional Rental Income: $5492

Airbnb ROI: 1.84%

Traditional ROI: -0.1%

31 Cedar Ln

Santa Barbara, CA

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%

15 Fremont Lane

Santa Barbara, CA

3 beds | 2 baths | 1,150 sq.ft.

$605,000

Airbnb cash on cash: 6.08%

Traditional cash on cash: 6.88%

Airbnb Rental Income: $5651

Traditional Rental Income: $4969

Airbnb ROI: 6.08%

Traditional ROI: 6.88%

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%