Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

223 W Pedregosa St, Santa Barbara, CA, 93101

2beds
1baths
1,128sqft
$1,695,000
$1,503price/sqft
$10,631/moest. monthly cost
$425,240/yrincome needed

About This Home

Tucked away just moments from downtown Santa Barbara, this inviting 1928 Craftsman is a true urban oasis, offering warmth, character, and an extraordinary connection to the outdoors. Original hardwood floors, crown molding, and wainscoting reflect the home's architectural heritage, while a bespoke cook's kitchen, inviting dining room, and fireplace create welcoming spaces for everyday living and entertaining. Set on approximately .21 acres, the property feels worlds away from the city. The thoughtfully cultivated gardens are a labor of love, overflowing with fragrant sages and lavender, mature specimens and fruit trees, including mulberry, kumquat, blood orange, and Thai lime. Dozens of handcrafted raised beds provide abundant space for year-round harvests, while a pergola offers a storybook setting for outdoor relaxation, surrounded by botanical views and a tiled patio that provides a generous, welcoming space for private entertaining and everyday serenity. The oversized +/- 577 sq. ft. garage is designed to accommodate a variety of lifestyle needs, from automotive enthusiasts to hobbyists, fitness equipment, to recreation gear. This distinctive property presents a rare opportunity to enjoy an urban garden centered lifestyle in one of Santa Barbara's most convenient locations. Located in award winning Peabody School District.

Getting Around

76
WalkingVery Walkable
47
TransitSome Transit
94
BikeBiker's Paradise

Schools

Construction

Condition

  • Property condition: Excellent
  • Year built: 1928

Materials

  • Foundation: Raised
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Disposal,Dryer,Electric Cooktop,Washer
  • Laundry features: In Kitchen,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood,Tile
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 1,128
  • Total interior livable area: 1,128 sqft

Property

Details

  • Parcel number: 027021002
  • Zoning: Other

Features

  • Levels: Single Story
  • Patio & porch: Patio,Covered
  • Exterior features: Lawn,Fruit Trees,Drought Tolerant LND
  • Fencing: Partial,Full
  • Has view: Yes
  • View description: Setting
  • Topography of land: Downslope, Level

Lot

  • Lot size: 9,148 sqft
  • Features: Level,Sloped Down,Near Public Transit

Parking

  • Total spaces: 2
  • Parking features: Garage,On Street,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Landslide

FEMA Declared Disasters in Santa Barbara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,570$102,840
Home Insurance *$173$2,076
Property Taxes $1,490$17,880
Electricity $398$4,786
Total$10,631$127,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$364,491/yr
40% on housing$318,930/yr
45% on housing$283,493/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,503This listing

vs Other Active Listings

Avg $/sqft

ZIP 93101$1,126
Santa Barbara County$1,074

vs Homes Sold Last Month

Median $/sqft

ZIP 93101$1,210
Santa Barbara County$735

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-08Contingent$1,695,000
2026-07-28Price change$1,695,000
2026-07-09Listed for sale$1,850,000
2010-06-04Sold$579,000
2005-12-23Sold$1,200,000
2002-01-08Sold$560,000

For Sale by Agent

AgentMaureen M McDermut
BrokerageSotheby's International Realty

Similar Homes