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2937 Glen Albyn Drive, Santa Barbara, CA 93105

$2.4M5bd · 5ba · 3,398 sqft
Lot 0 sqft•Single Family Residence•
Active
•55d on market•MLS# V1-38288

Property Description

Updated, flexible floorplan and full of possibilities! This 3,300+ sq ft home, located in the desirable Mission Canyon neighborhood of Santa Barbara offers 4 bed/4 bathrooms, PLUS a permitted JADU (studio + bathroom) - ideal for additional income, guests or multi-generational living. Natural light fills the interiors, highlighting the easy indoor/outdoor flow from the kitchen and living spaces. Enjoy ocean & island views from a Trex viewing deck that spans the length of the house. A recently renovated kitchen features designer cabinetry, quartz countertops and stainless steel appliances, while bright refreshed bathrooms & polished concrete floors downstairs add a clean, modern feel. An expansive flex room downstairs creates options for a media room, gym, home office, playroom or future ADU potential. Thoughtful upgrades include dual pane windows & sliders, solid core interior doors, upgraded electrical panel, central AC, and tankless water heater. Outside you'll find a private fenced yard with drought-tolerant landscaping, concrete paver driveway, 2-car garage, and ample parking. This meticulously maintained home offers something rare: flexibility, income potential, and space that truly grows with you!

Features & Amenities

FeeBuilt 1977

Property Details

Land Type
Fee
Year Built
1977
Property Type
Residential
Property Subtype
Single Family Residence
Garage Spaces
2
Heating
Central, Forced Air
Cooling
Central Air
View
Ocean
Flooring
Carpet, Concrete, Wood
Roof
Tile
City
Santa Barbara
Zip Code
93105
County
Santa Barbara
Listed byVillage Properties, Kim Crawford

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$12,135.71
Principal & Interest
Loan Amount
$1,920,000
Total Interest
$2,448,854
Total Payment Over 30 Years
$4,368,854
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 4 closed

2937 Glen Albyn Drive, Santa Barbara, CA 93105

Santa Barbara · Single Family Residence

$2.4M
Luxury Tier
Beds
5
Baths
5
Sqft
3,398
Lot
6,970 sqft
Year
1977
$/Sqft
$706
Pool: No✓
Spa: No✓
View: Ocean✓
Garage: 2-car✓

Listed 55.6% below the median closed sale of $5,400,000. Price per sqft ($706) is a 51% discount to closed comps ($1,430). Closed comps sold at 95% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $2.40M· $706/sqft
Total list price
Closed comps
vs closed median $6.30M
−$3.90M (−61.9%)
Active comps
vs active median $5.58M
−$3.17M (−57.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,829
−$1K (−61.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1401 La Cima RoadSanta Barbara1978543,32424,829$978$3.25M1258
605 San Ysidro RoadSanta Barbara1920543,40545,738$1,997$6.80M955
610 Olive RoadSanta Barbara1964543,61135,719$3,012$10.88M5854
4585 Vieja DriveSanta Barbara1974443,59465,340$1,390$5.00M3953
4450 Via EsperanzaSanta Barbara1977443,155100,188$1,767$5.58M3853
Total: 5 · Average4.64.03,417.854,362.8$1,828.8$6.30M31.2
Median3,405$5.58M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1624 Shoreline DriveSanta Barbara195807/28/2026543,4177,841$3.85M$3.67M$1,0740.9510279
840 Toro Canyon RoadSanta Barbara198708/25/2026443,726436,036$6.50M$6.30M$1,6910.976851
1071 Mountain DriveSanta Barbara195408/28/2026443,87657,935$7.30M$7.00M$1,8060.967048
735 Via HierbaSanta Barbara193006/04/2026433,91758,806$5.00M$4.50M$1,1490.907144
Total: 4 · Average4.33.83,734140,154.5$5.37M$5.37M$1,430—77.75
Median3,876$6.30M$6.30M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.