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.

Condos for Sale in Santa Barbara, CA

Search for Condos for Sale in Santa Barbara, California. Browse all of Mashvisor’s Condos listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 108 Condos listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1776 Eucalyptus Hill Road Santa Barbara, CA Perched atop the coveted Eucalyptus Hill neighborhood, this private estate is enveloped in...	4 beds \| 5 baths \| N/A	$5,150,000	Airbnb cash on cash: 1.07% Traditional cash on cash: -0.46% Airbnb Rental Income: $16523 Traditional Rental Income: $6281 Airbnb ROI: 1.07% Traditional ROI: -0.46%
4535 Carriage Hill Drive Santa Barbara, CA This impeccable, spacious and light-filled home - in a highly-desirable tucked away Santa ...	3 beds \| 3 baths \| 2,334 sq.ft.	$2,400,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 0.24% Airbnb Rental Income: $5651 Traditional Rental Income: $4591 Airbnb ROI: 0.21% Traditional ROI: 0.24%
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: 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 unit: 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%
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.	$2,450,000	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%
430 Harvard Lane Santa Barbara, CA Located on a quiet cul-de-sac in the coveted Kellogg Elementary attendance area, this impe...	3 beds \| 2 baths \| 1,409 sq.ft.	$1,765,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 0.72% Airbnb Rental Income: $4057 Traditional Rental Income: $3814 Airbnb ROI: 0.34% Traditional ROI: 0.72%
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%
2905 Puesta Del Sol Santa Barbara, CA Welcome to this remodeled & expanded modern San Roque ranch house with a newly constructed...	3 beds \| 3 baths \| 1,466 sq.ft.	$2,595,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 0.82% Airbnb Rental Income: $7187 Traditional Rental Income: $4646 Airbnb ROI: 1.3% Traditional ROI: 0.82%
1031 Miramonte Drive unit: Apt 2 Santa Barbara, CA Rarely available two-bedroom condominium in the Santa Barbara Highlands with sweeping view...	2 beds \| 2 baths \| 1,080 sq.ft.	$998,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 0.94% Airbnb Rental Income: $3197 Traditional Rental Income: $2641 Airbnb ROI: 0.76% Traditional ROI: 0.94%
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%
1815 Mountain Avenue Santa Barbara, CA A rarely available entertainer's dream on the Westside offering charming upgrades througho...	3 beds \| 2 baths \| 1,233 sq.ft.	$1,885,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 0.38% Airbnb Rental Income: $11084 Traditional Rental Income: $3825 Airbnb ROI: 3.36% Traditional ROI: 0.38%
1917 Bath Street 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%
6572 Stagecoach Road 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: -1.34% Traditional cash on cash: 1.67% Airbnb Rental Income: $1257 Traditional Rental Income: $6438 Airbnb ROI: -1.34% Traditional ROI: 1.67%
767 Las Palmas Drive Santa Barbara, CA Step into the future of luxury living with this newly built Smart Home, tucked behind the ...	5 beds \| 5 baths \| 6,111 sq.ft.	$7,600,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.69% Airbnb Rental Income: $null Traditional Rental Income: $7594 Airbnb ROI: N/A Traditional ROI: -0.69%
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%
1600 Garden Street unit: 32 Santa Barbara, CA PRICE IMPROVEMENT! Perched on the top floor of Parkview, Unit #32 is a rare find: beautifu...	2 beds \| 2 baths \| 889 sq.ft.	$899,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 3.21% Airbnb Rental Income: $1396 Traditional Rental Income: $4296 Airbnb ROI: -0.76% Traditional ROI: 3.21%
1122 Camino Viejo Road Santa Barbara, CA This stunning single-level residence sits on approximately 0.87 acres in the heart of Mont...	3 beds \| 4 baths \| 3,216 sq.ft.	$5,200,000	Airbnb cash on cash: 0.14% Traditional cash on cash: -0.3% Airbnb Rental Income: $11310 Traditional Rental Income: $7102 Airbnb ROI: 0.14% Traditional ROI: -0.3%
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 Perched above Toro Canyon on 6+/- private acres, this gated estate captures sweeping ocean...	3 beds \| 4 baths \| 3,468 sq.ft.	$3,999,000	Airbnb cash on cash: -1.4% Traditional cash on cash: 0.51% Airbnb Rental Income: $1952 Traditional Rental Income: $8507 Airbnb ROI: -1.4% Traditional ROI: 0.51%
202 E Mountain Drive Santa Barbara, CA Now refreshed with brand-new, brighter and natural wool, hypoallergenic carpeting, this se...	4 beds \| 3 baths \| 2,886 sq.ft.	$2,999,000	Airbnb cash on cash: -0.75% Traditional cash on cash: -0.02% Airbnb Rental Income: $3691 Traditional Rental Income: $4929 Airbnb ROI: -0.75% Traditional ROI: -0.02%
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.	$9,600,000	Airbnb cash on cash: -0.29% Traditional cash on cash: -0.96% Airbnb Rental Income: $16002 Traditional Rental Income: $7169 Airbnb ROI: -0.29% Traditional ROI: -0.96%
1403 Bath Street Santa Barbara, CA Prime Downtown Santa Barbara 6-Unit Investment Property! Originally built in the 1920s, th...	4 beds \| N/A baths \| 4,870 sq.ft.	$2,399,000	Airbnb cash on cash: 4.97% Traditional cash on cash: 0.19% Airbnb Rental Income: $16523 Traditional Rental Income: $2919 Airbnb ROI: 4.97% Traditional ROI: 0.19%
1060 Tremonto Road Santa Barbara, CA Nestled on The American Riviera, this 4-bedroom, 3.5-bathroom Santa Barbara home offers +/...	4 beds \| 4 baths \| 3,060 sq.ft.	$2,300,000	Airbnb cash on cash: 4.56% Traditional cash on cash: 1.04% Airbnb Rental Income: $16523 Traditional Rental Income: $6068 Airbnb ROI: 4.56% Traditional ROI: 1.04%
2820 Torito Road Santa Barbara, CA Exceptional Traditional New England-style estate designed by the late Peter Becker. Perche...	4 beds \| 5 baths \| 7,006 sq.ft.	$11,750,000	Airbnb cash on cash: -1.31% Traditional cash on cash: -0.32% Airbnb Rental Income: $1066 Traditional Rental Income: $11543 Airbnb ROI: -1.31% Traditional ROI: -0.32%
691 Via Trepadora Santa Barbara, CA A modern masterpiece in the heart of Hope Ranch, newly built in 2022 and remodeled in 2024...	4 beds \| 5 baths \| 7,684 sq.ft.	$12,500,000	Airbnb cash on cash: -0.59% Traditional cash on cash: -0.72% Airbnb Rental Income: $16523 Traditional Rental Income: $12033 Airbnb ROI: -0.59% Traditional ROI: -0.72%
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%
4450 Via Alegre Santa Barbara, CA This elegantly and fully remodeled contemporary estate is a masterclass in modern design. ...	5 beds \| 5 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.	$7,850,000	Airbnb cash on cash: -1.54% Traditional cash on cash: -1.19% Airbnb Rental Income: $2206 Traditional Rental Income: $4200 Airbnb ROI: -1.54% Traditional ROI: -1.19%
1435 Sycamore Canyon Road Santa Barbara, CA Set on a lush one-acre parcel, a private bridge welcomes you to this enchanting Santa Fe-s...	3 beds \| 3 baths \| 2,345 sq.ft.	$2,495,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 0.8% Airbnb Rental Income: $241 Traditional Rental Income: $5328 Airbnb ROI: -1.5% Traditional ROI: 0.8%
284 Gould Lane Santa Barbara, CA Tucked behind the gates of Montecito's coveted Ennisbrook community, 284 Gould Lane is a g...	4 beds \| 4 baths \| 6,028 sq.ft.	$5,950,000	Airbnb cash on cash: -1.74% Traditional cash on cash: -0.35% Airbnb Rental Income: $1066 Traditional Rental Income: $8404 Airbnb ROI: -1.74% Traditional ROI: -0.35%
115 El Gaucho Lane Santa Barbara, CA Beautifully updated cabin in the Los Padres National Forest is a place to leave your city ...	2 beds \| 1 baths \| 1,169 sq.ft.	$374,999	Airbnb cash on cash: 2.59% Traditional cash on cash: 7.38% Airbnb Rental Income: $2169 Traditional Rental Income: $3303 Airbnb ROI: 2.59% Traditional ROI: 7.38%
601 San Ysidro Road Santa Barbara, CA Tucked beneath the canopy of mature trees and embraced by the gentle curve of meandering s...	5 beds \| 5 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%
21 La Cadena Street Santa Barbara, CA Stunningly remodeled and ideally situated in Santa Barbara's sought-after Eastside, 21 La ...	3 beds \| 2 baths \| 1,100 sq.ft.	$1,349,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 1.76% Airbnb Rental Income: $241 Traditional Rental Income: $3603 Airbnb ROI: -1.11% Traditional ROI: 1.76%
2417 Calle Linares Santa Barbara, CA Capture uninterrupted ocean views from this well-built home to make your own. This view h...	3 beds \| 3 baths \| 2,177 sq.ft.	$2,499,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 0.31% Airbnb Rental Income: $5419 Traditional Rental Income: $3813 Airbnb ROI: 0.53% Traditional ROI: 0.31%

Your search for investment property begins and ends here

Condos for Sale in Santa Barbara, CA

1776 Eucalyptus Hill Road

Santa Barbara, CA

4 beds | 5 baths | N/A

$5,150,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: -0.46%

Airbnb Rental Income: $16523

Traditional Rental Income: $6281

Airbnb ROI: 1.07%

Traditional ROI: -0.46%

4535 Carriage Hill Drive

Santa Barbara, CA

3 beds | 3 baths | 2,334 sq.ft.

$2,400,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 0.24%

Airbnb Rental Income: $5651

Traditional Rental Income: $4591

Airbnb ROI: 0.21%

Traditional ROI: 0.24%

969 Miramonte Drive #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 Drive unit: 104

Santa Barbara, CA

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%

1204 San Andres Street

Santa Barbara, CA

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

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%

430 Harvard Lane

Santa Barbara, CA

3 beds | 2 baths | 1,409 sq.ft.

$1,765,000

Airbnb cash on cash: 0.34%

Traditional cash on cash: 0.72%

Airbnb Rental Income: $4057

Traditional Rental Income: $3814

Airbnb ROI: 0.34%

Traditional ROI: 0.72%

1932 N Jameson Lane #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%