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
1831 Chapala St Santa Barbara, CA 1831 Chapala St, Santa Barbara, CA 93101 \| Single Family Residential	2 beds \| 2 baths \| 916 sq.ft.	$1,329,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 0.69% Airbnb Rental Income: $2485 Traditional Rental Income: $3114 Airbnb ROI: -0.31% Traditional ROI: 0.69%
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%
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.	$3,795,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.95% Airbnb Rental Income: $null Traditional Rental Income: $11197 Airbnb ROI: N/A Traditional ROI: 1.95%
316 W Ortega Street #B Santa Barbara, CA Built in 2007 and tucked away in one of downtown Santa Barbara's most enchanting pockets, ...	3 beds \| 2 baths \| 1,769 sq.ft.	$1,795,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 0.5% Airbnb Rental Income: $4206 Traditional Rental Income: $3427 Airbnb ROI: 0.43% Traditional ROI: 0.5%
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: -0.07% Traditional cash on cash: 1.6% Airbnb Rental Income: $4206 Traditional Rental Income: $6938 Airbnb ROI: -0.07% Traditional ROI: 1.6%
2253 Las Canoas Rd 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%
1383 School House Rd Santa Barbara, CA 1383 School House Rd, Montecito, CA 93108 \| Single Family Residential	4 beds \| 3 baths \| 2,926 sq.ft.	$5,795,000	Airbnb cash on cash: -1.64% Traditional cash on cash: -0.81% Airbnb Rental Income: $1066 Traditional Rental Income: $5147 Airbnb ROI: -1.64% Traditional ROI: -0.81%
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%
485 Monarch Ln Santa Barbara, CA Stunning Ennisbrook Casita with impeccable quality & style. This 4 bedroom home was meticu...	4 beds \| 3 baths \| 3,611 sq.ft.	$5,795,000	Airbnb cash on cash: -1.39% Traditional cash on cash: -0.4% Airbnb Rental Income: $1066 Traditional Rental Income: $6015 Airbnb ROI: -1.39% Traditional ROI: -0.4%
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%
1035 Coyote Rd Santa Barbara, CA Charm and character galore in this rustic 1970's Adobe pied de terre. The character shines...	3 beds \| 3 baths \| 2,475 sq.ft.	$3,475,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 0.16% Airbnb Rental Income: $3521 Traditional Rental Income: $4372 Airbnb ROI: -0.35% Traditional ROI: 0.16%
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%
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%
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.	$3,095,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 0.9% Airbnb Rental Income: $4540 Traditional Rental Income: $7712 Airbnb ROI: -0.54% Traditional ROI: 0.9%
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%
2795 E Valley Rd Santa Barbara, CA Charming California Cottage nestled under the oak trees, with two bedrooms, 2.5 baths on ....	3 beds \| 3 baths \| 1,637 sq.ft.	$3,800,000	Airbnb cash on cash: -1.37% Traditional cash on cash: -0.62% Airbnb Rental Income: $1952 Traditional Rental Income: $4087 Airbnb ROI: -1.37% Traditional ROI: -0.62%
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%
1010 Portesuello Ave 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%
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%
238 San Rafael Ave Santa Barbara, CA Enjoy sunset skies and great walks along Shoreline Drive from this 3 bedroom, 1 bath Mesa ...	3 beds \| 1 baths \| 1,035 sq.ft.	$2,595,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.09% Airbnb Rental Income: $5229 Traditional Rental Income: $6950 Airbnb ROI: -0.06% Traditional ROI: 1.09%
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...	6 beds \| 3 baths \| 1,567 sq.ft.	$2,875,000	Airbnb cash on cash: -1% Traditional cash on cash: -0.19% Airbnb Rental Income: $2485 Traditional Rental Income: $4028 Airbnb ROI: -1% 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%
1493 Sycamore Canyon Rd Santa Barbara, CA Through the gates, over the bridge & up the private driveway you'll stumble upon a true Sa...	6 beds \| 6 baths \| 4,958 sq.ft.	$8,250,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.35% Airbnb Rental Income: $null Traditional Rental Income: $10828 Airbnb ROI: N/A Traditional ROI: -0.35%
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%

Real Estate investment in Santa-barbara, CA

There are 270 properties for sale in the city of Santa Barbara . The median list price in Santa Barbara is $2,999,000 and the average price per square foot is $1,029. 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 $4,135.

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

There are 270 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 $4,135.

Your search for investment property begins and ends here

Investment Property for Sale in Santa Barbara, CA

1831 Chapala St

Santa Barbara, CA

2 beds | 2 baths | 916 sq.ft.

$1,329,000

Airbnb cash on cash: -0.31%

Traditional cash on cash: 0.69%

Airbnb Rental Income: $2485

Traditional Rental Income: $3114

Airbnb ROI: -0.31%

Traditional ROI: 0.69%

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%

2081 N San Marcos Rd

Santa Barbara, CA

9 beds | 7 baths | 6,145 sq.ft.

$3,795,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.95%

Airbnb Rental Income: $null

Traditional Rental Income: $11197

Airbnb ROI: N/A

Traditional ROI: 1.95%

316 W Ortega Street #B

Santa Barbara, CA

3 beds | 2 baths | 1,769 sq.ft.

$1,795,000

Airbnb cash on cash: 0.43%

Traditional cash on cash: 0.5%

Airbnb Rental Income: $4206

Traditional Rental Income: $3427

Airbnb ROI: 0.43%

Traditional ROI: 0.5%

1204 San Andres St

Santa Barbara, CA

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

$2,340,000

Airbnb cash on cash: -0.07%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $4206

Traditional Rental Income: $6938

Airbnb ROI: -0.07%

Traditional ROI: 1.6%

2253 Las Canoas Rd

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%