
1508 Miramar, Santa Barbara, CA 93108
1508 Miramar, Santa Barbara, CA 93108
Property Description
Set directly on the sand at coveted Miramar Beach, this residence presents a rare opportunity to own one of Montecito's most prized forms of coastal real estate. Currently configured as a duplex, the property offers two private homes, each with one bedroom and two bathrooms, while also allowing the potential to be converted back into a single-family dwelling. Both homes capture sweeping ocean views and feature private entrances, upper and lower decks, bright interiors, updated modern kitchens, and fireplaces in the living rooms. A private gated entry, designated parking, and an outdoor shower add to the ease and privacy of this exceptional setting. Just moments from the iconic Rosewood Miramar Beach Hotel, with its celebrated dining, spa, and resort amenities, this offering provides an unparalleled combination of privacy, proximity, and effortless access to the best of Montecito's lifestyle. Whether envisioned as a sophisticated single-family retreat, a flexible dual-residence property, or an investment opportunity, its versatility is as compelling as the location itself. Secure a unique piece of the coast and spend mornings on the sand, evenings watching the sun set over the Pacific from your backyard, and enjoy beachfront living at its finest.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Santa Barbara · Single Family Residence
Listed 203.8% above the median closed sale of $2,500,000. Price per sqft ($4,900) is a 196% premium to closed comps ($1,657). Closed comps sold at 100% of list — strong seller's market. Expect a longer timeline — comps averaged 137 days on market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1124 Bath Street | Santa Barbara | 1910 | 2 | 2 | 1,042 | 1,742 | $1,080 | $1.13M | 20 | 66 |
| 2016 State | Santa Barbara | 1925 | 2 | 3 | 1,522 | 7,550 | $1,806 | $2.75M | 13 | 52 |
| 2848 Foothill Road | Santa Barbara | 1946 | 3 | 3 | 1,373 | 6,970 | $1,275 | $1.75M | 17 | 50 |
| 11 Romaine Drive | Santa Barbara | 1951 | 2 | 2 | 1,464 | 8,028 | $1,356 | $1.99M | 158 | 48 |
| 1520 Willina Lane | Santa Barbara | 1920 | 2 | 2 | 1,761 | 8,712 | $2,413 | $4.25M | 124 | 46 |
| Total: 5 · Average | 2.2 | 2.4 | 1,432.4 | 6,600.4 | $1,586 | $2.37M | 66.4 | |||
| Median | 1,464 | $1.99M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1170 Veronica Springs Road | Santa Barbara | 1962 | 09/15/2026 | 3 | 2 | 1,610 | 18,295 | $2.00M | $2.07M | $1,283 | 1.04 | 35 | 47 |
| 1322 Cota Street | Santa Barbara | 1941 | 09/18/2026 | 3 | 2 | 1,606 | 6,098 | $2.68M | $2.65M | $1,650 | 0.99 | 227 | 47 |
| 415 Yankee Farm Road | Santa Barbara | 1951 | 06/15/2026 | 3 | 2 | 1,773 | 43,996 | $5.00M | $4.95M | $2,792 | 0.99 | 194 | 46 |
| 21 La Cadena Street | Santa Barbara | 1954 | 08/21/2026 | 3 | 3 | 1,100 | 5,227 | $1.35M | $1.35M | $1,226 | 1.00 | 192 | 45 |
| 718 Calabria Drive | Santa Barbara | 1963 | 06/01/2026 | 3 | 3 | 1,875 | 9,148 | $2.50M | $2.50M | $1,333 | 1.00 | 37 | 44 |
| Total: 5 · Average | 3.0 | 2.4 | 1,592.8 | 16,552.8 | $2.70M | $2.70M | $1,656.8 | — | 137 | ||||
| Median | 1,610 | $2.50M | $2.50M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.