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
1125 San Andres Street Santa Barbara, CA Timeless Santa Barbara charm meets thoughtful modern updates in this beautifully refreshed...	3 beds \| 1 baths \| 1,284 sq.ft.	$1,295,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 1.06% Airbnb Rental Income: $4206 Traditional Rental Income: $3481 Airbnb ROI: 0.92% Traditional ROI: 1.06%
1008 San Antonio Creek Rd Santa Barbara, CA Ocean views and 3/4 of an acre in SB for under $1.3m. Amazing opportunity! A cozy 2100 SF ...	4 beds \| 3 baths \| 2,847 sq.ft.	$4,750,000	Airbnb cash on cash: 1.21% Traditional cash on cash: -0.56% Airbnb Rental Income: $16002 Traditional Rental Income: $5342 Airbnb ROI: 1.21% Traditional ROI: -0.56%
430 Alameda Padre Serra Santa Barbara, CA Enjoy the light show and drama of the city from sunrise to sunset to the twinkling lights ...	3 beds \| 4 baths \| 2,310 sq.ft.	$3,500,000	Airbnb cash on cash: -1.78% Traditional cash on cash: -0.09% Airbnb Rental Income: $241 Traditional Rental Income: $5490 Airbnb ROI: -1.78% Traditional ROI: -0.09%
3165 Eucalyptus Hill Road Santa Barbara, CA Behind private gates, this spacious Tudor-style residence offers a rare blend of classic c...	4 beds \| 4 baths \| 3,312 sq.ft.	$4,695,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 0.04% Airbnb Rental Income: $16523 Traditional Rental Income: $7916 Airbnb ROI: 1.34% Traditional ROI: 0.04%
3233 Lucinda Lane Santa Barbara, CA Situated on a private, corner lot in San Roque, this turnkey 3-bedroom, 2-bathroom residen...	3 beds \| 2 baths \| 1,647 sq.ft.	$2,475,000	Airbnb cash on cash: 0.73% Traditional cash on cash: -0.01% Airbnb Rental Income: $7187 Traditional Rental Income: $4105 Airbnb ROI: 0.73% Traditional ROI: -0.01%
1776 Eucalyptus Hill Road Santa Barbara, CA Perched atop the coveted Eucalyptus Hill neighborhood, this private estate is enveloped in...	4 beds \| 5 baths \| 8,944 sq.ft.	$4,975,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 0.58% Airbnb Rental Income: $16523 Traditional Rental Income: $10878 Airbnb ROI: 1.17% Traditional ROI: 0.58%
395 Woodley Rd Santa Barbara, CA Set in the exclusive and peaceful Pepper Hill enclave, this three bedroom, two bath home b...	4 beds \| 3 baths \| 3,117 sq.ft.	$6,950,000	Airbnb cash on cash: -1.67% Traditional cash on cash: -0.87% Airbnb Rental Income: $1066 Traditional Rental Income: $5849 Airbnb ROI: -1.67% Traditional ROI: -0.87%
4771 Glenbrook Street Santa Barbara, CA Step into this stylish 4BR/2BA home featuring a light-filled living room with mountain vie...	4 beds \| 2 baths \| 1,367 sq.ft.	$1,425,000	Airbnb cash on cash: 8.43% Traditional cash on cash: 0.92% Airbnb Rental Income: $16523 Traditional Rental Income: $3640 Airbnb ROI: 8.43% Traditional ROI: 0.92%
1823 Mira Vista Avenue Santa Barbara, CA Light, views, and effortless Riviera living define this beautifully updated, mostly single...	3 beds \| 3 baths \| N/A	$4,297,000	Airbnb cash on cash: -1.74% Traditional cash on cash: -0.36% Airbnb Rental Income: $431 Traditional Rental Income: $5630 Airbnb ROI: -1.74% Traditional ROI: -0.36%
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 \| 2 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 Drive #104 Santa Barbara, CA A rare spacious 3bd/2ba end unit (NO STAIRS) that combines privacy, lots of natural light....	3 beds \| 2 baths \| 1,404 sq.ft.	$990,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 2.13% Airbnb Rental Income: $7187 Traditional Rental Income: $3355 Airbnb ROI: 4.78% Traditional ROI: 2.13%
915 Camino Medio Santa Barbara, CA 915 Camino Medio, Santa Barbara, CA 93110 \| Single Family Residential	5 beds \| 5 baths \| 3,215 sq.ft.	$11,995,000	Airbnb cash on cash: -0.03% Traditional cash on cash: -0.19% Airbnb Rental Income: $13493 Traditional Rental Income: $9251 Airbnb ROI: -0.03% Traditional ROI: -0.19%
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%
1204 San Andres Street Santa Barbara, CA A great opportunity to own 2 fully detached, private residences, ideal for long term inves...	6 beds \| N/A baths \| N/A	$2,190,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.78% Airbnb Rental Income: $null Traditional Rental Income: $6938 Airbnb ROI: N/A Traditional ROI: 1.78%
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.	$2,000,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 1.35% Airbnb Rental Income: $3691 Traditional Rental Income: $5586 Airbnb ROI: -0.11% Traditional ROI: 1.35%
330 E Mountain Dr Santa Barbara, CA Perched in the foothills of Montecito, this custom-built 2010 Mediterranean villa blends O...	3 beds \| 4 baths \| 3,272 sq.ft.	$4,995,000	Airbnb cash on cash: -0.72% Traditional cash on cash: -0.11% Airbnb Rental Income: $3521 Traditional Rental Income: $5551 Airbnb ROI: -0.72% Traditional ROI: -0.11%
1988 Inverness Ln Santa Barbara, CA Distinctive Mid-Century Modern home designed by Robert Garland AIA, famous for his moderni...	3 beds \| 3 baths \| 2,896 sq.ft.	$8,995,000	Airbnb cash on cash: -1.59% Traditional cash on cash: -1.08% Airbnb Rental Income: $1952 Traditional Rental Income: $5746 Airbnb ROI: -1.59% Traditional ROI: -1.08%
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.	$16,495,000	Airbnb cash on cash: -1.09% Traditional cash on cash: -0.34% Airbnb Rental Income: $289 Traditional Rental Income: $11526 Airbnb ROI: -1.09% Traditional ROI: -0.34%
1932 N Jameson Lane #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.	$3,195,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 0.26% Airbnb Rental Income: $3521 Traditional Rental Income: $4372 Airbnb ROI: -0.29% Traditional ROI: 0.26%
624 Las Alturas Road Santa Barbara, CA Perched on Santa Barbara's coveted Riviera, this 3BD/2BA home offers unobstructed ocean, h...	3 beds \| 2 baths \| 2,133 sq.ft.	$3,150,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 2.1% Airbnb Rental Income: $4575 Traditional Rental Income: $9328 Airbnb ROI: 0.15% Traditional ROI: 2.1%
3091 Hidden Valley Ln Santa Barbara, CA ''Villa Vista Bella'' This estate property embraces the quintessential Montecito lifestyle...	6 beds \| 6 baths \| 7,093 sq.ft.	$7,995,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.08% Airbnb Rental Income: $null Traditional Rental Income: $11190 Airbnb ROI: N/A Traditional ROI: 0.08%
209 W Constance Avenue Santa Barbara, CA 209 W Constance is a beautifully reimagined Santa Barbara bungalow blending timeless archi...	2 beds \| 2 baths \| N/A	$1,685,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 0.22% Airbnb Rental Income: $6795 Traditional Rental Income: $3177 Airbnb ROI: 1.68% Traditional ROI: 0.22%
922 Roble Ln Santa Barbara, CA Welcome to The American Riviera! Nestled between The Pacific Ocean and The Santa Ynez Moun...	3 beds \| 2 baths \| 2,547 sq.ft.	$2,999,000	Airbnb cash on cash: -0.49% Traditional cash on cash: -0.26% Airbnb Rental Income: $4575 Traditional Rental Income: $4263 Airbnb ROI: -0.49% Traditional ROI: -0.26%
1352 Manitou Road Santa Barbara, CA Welcome to 1352 Manitou Road, a newer-built custom home located in the heart of Santa Barb...	3 beds \| 3 baths \| 2,531 sq.ft.	$2,795,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 0.53% Airbnb Rental Income: $5645 Traditional Rental Income: $4982 Airbnb ROI: 0.35% Traditional ROI: 0.53%
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%
2630 State St #7 Santa Barbara, CA Wonderful, spacious ground floor condo with excellent outdoor space. This condo has neutra...	2 beds \| 2 baths \| 1,310 sq.ft.	$1,119,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 1.39% Airbnb Rental Income: $6795 Traditional Rental Income: $3422 Airbnb ROI: 3.37% Traditional ROI: 1.39%
809 Willowglen Rd Santa Barbara, CA Welcome to this modern contemporary home located on a quarter acre lot w/ a pool in the de...	4 beds \| 3 baths \| 2,274 sq.ft.	$2,995,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.16% Airbnb Rental Income: $3284 Traditional Rental Income: $5406 Airbnb ROI: -0.87% Traditional ROI: 0.16%
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.	$3,595,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 0% Airbnb Rental Income: $241 Traditional Rental Income: $5935 Airbnb ROI: -1.78% Traditional ROI: 0%
1460 Twinridge Rd Santa Barbara, CA A stunning contemporary split level with spectacular island, ocean and mountain views is l...	4 beds \| 4 baths \| 4,058 sq.ft.	$3,895,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 0.52% Airbnb Rental Income: $16002 Traditional Rental Income: $8313 Airbnb ROI: 1.86% Traditional ROI: 0.52%
1300 Plaza Pacifica Santa Barbara, CA Exceptional 3 bedroom, 3 full bath, ground floor condominium with no common walls. Beauti...	3 beds \| 3 baths \| 2,136 sq.ft.	$6,999,000	Airbnb cash on cash: -1.34% Traditional cash on cash: -1.09% Airbnb Rental Income: $3808 Traditional Rental Income: $4597 Airbnb ROI: -1.34% Traditional ROI: -1.09%
430 S Canada St Santa Barbara, CA Endless possibilities with this Charming 3-Bed, 2-Bath California cottage, plus a spacious...	4 beds \| 3 baths \| 1,138 sq.ft.	$1,445,000	Airbnb cash on cash: 8.29% Traditional cash on cash: 1.29% Airbnb Rental Income: $16523 Traditional Rental Income: $4177 Airbnb ROI: 8.29% Traditional ROI: 1.29%
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.	$3,195,000	Airbnb cash on cash: -1.43% Traditional cash on cash: -0.37% Airbnb Rental Income: $1512 Traditional Rental Income: $4190 Airbnb ROI: -1.43% 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.	$1,550,000	Airbnb cash on cash: 8.32% Traditional cash on cash: 1.93% Airbnb Rental Income: $16523 Traditional Rental Income: $4378 Airbnb ROI: 8.32% Traditional ROI: 1.93%
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.	$1,450,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 2.59% Airbnb Rental Income: $4057 Traditional Rental Income: $5058 Airbnb ROI: 1.21% Traditional ROI: 2.59%
2919 Kenmore Pl Santa Barbara, CA PROBATE SALE ! AGGRESSIVELY PRICED !! NO COURT CONFIRMATION NEEDED !!! Panoramic Ocean & C...	3 beds \| 2 baths \| 1,784 sq.ft.	$2,499,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.37% Airbnb Rental Income: $7187 Traditional Rental Income: $8385 Airbnb ROI: 1.25% Traditional ROI: 2.37%
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%
1310 Olive St Santa Barbara, CA Welcome to this stunning 4-bedroom, 2-bathroom home situated in a highly sought-after loca...	4 beds \| 2 baths \| 1,921 sq.ft.	$2,250,000	Airbnb cash on cash: 4.92% Traditional cash on cash: 0.77% Airbnb Rental Income: $16523 Traditional Rental Income: $4902 Airbnb ROI: 4.92% Traditional ROI: 0.77%

Real Estate investment in Santa-barbara, CA

There are 293 properties for sale in the city of Santa Barbara . The median list price in Santa Barbara is $2,685,000 and the average price per square foot is $898. In May 2026, 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 293 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 $4,148.

Your search for investment property begins and ends here

Investment Property for Sale in Santa Barbara, CA

1125 San Andres Street

Santa Barbara, CA

3 beds | 1 baths | 1,284 sq.ft.

$1,295,000

Airbnb cash on cash: 0.92%

Traditional cash on cash: 1.06%

Airbnb Rental Income: $4206

Traditional Rental Income: $3481

Airbnb ROI: 0.92%

Traditional ROI: 1.06%

1008 San Antonio Creek Rd

Santa Barbara, CA

4 beds | 3 baths | 2,847 sq.ft.

$4,750,000

Airbnb cash on cash: 1.21%

Traditional cash on cash: -0.56%

Airbnb Rental Income: $16002

Traditional Rental Income: $5342

Airbnb ROI: 1.21%

Traditional ROI: -0.56%

430 Alameda Padre Serra

Santa Barbara, CA

3 beds | 4 baths | 2,310 sq.ft.

$3,500,000

Airbnb cash on cash: -1.78%

Traditional cash on cash: -0.09%

Airbnb Rental Income: $241

Traditional Rental Income: $5490

Airbnb ROI: -1.78%

Traditional ROI: -0.09%

3165 Eucalyptus Hill Road

Santa Barbara, CA

4 beds | 4 baths | 3,312 sq.ft.

$4,695,000

Airbnb cash on cash: 1.34%

Traditional cash on cash: 0.04%

Airbnb Rental Income: $16523

Traditional Rental Income: $7916

Airbnb ROI: 1.34%

Traditional ROI: 0.04%

3233 Lucinda Lane

Santa Barbara, CA

3 beds | 2 baths | 1,647 sq.ft.

$2,475,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: -0.01%

Airbnb Rental Income: $7187

Traditional Rental Income: $4105

Airbnb ROI: 0.73%

Traditional ROI: -0.01%

1776 Eucalyptus Hill Road

Santa Barbara, CA

4 beds | 5 baths | 8,944 sq.ft.

$4,975,000

Airbnb cash on cash: 1.17%

Traditional cash on cash: 0.58%

Airbnb Rental Income: $16523

Traditional Rental Income: $10878

Airbnb ROI: 1.17%

Traditional ROI: 0.58%

395 Woodley Rd

Santa Barbara, CA

4 beds | 3 baths | 3,117 sq.ft.

$6,950,000

Airbnb cash on cash: -1.67%

Traditional cash on cash: -0.87%

Airbnb Rental Income: $1066

Traditional Rental Income: $5849

Airbnb ROI: -1.67%

Traditional ROI: -0.87%

4771 Glenbrook Street

Santa Barbara, CA

4 beds | 2 baths | 1,367 sq.ft.

$1,425,000

Airbnb cash on cash: 8.43%

Traditional cash on cash: 0.92%

Airbnb Rental Income: $16523

Traditional Rental Income: $3640

Airbnb ROI: 8.43%