Two homes on one lot—perfect for multigenerational living or rental income. 740 Walnut Lane offers a flexible layout with a 3-bedroom, 2-bath main residence and a 2-bedroom, 1-bath ADU with a private entrance and beautiful mountain views. The ADU is situated at the rear of the property, offering privacy and ideal separation for guests, tenants, or extended family. The backyard includes a sunlit patio and an array of mature fruit trees, including avocado, apricot, plum, and apple, creating a peaceful outdoor retreat. A brand-new electrical panel has been installed, and the home features dual-pane windows for added comfort. Located minutes from UCSB, top-rated schools, the Magnolia Shopping Center, and with easy access to the Obern Bike Trail, this property combines location, potential, and versatility. Live in one unit and rent the other, or bring the whole family. There are endless possibilities at 740 Walnut Lane - Call your Realtor to set up a showing today!
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Listing Snapshot
Price
$1,700,000
Days On Site
20 Days
Bedrooms
5
Inside Area (SqFt)
2,046 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
0.14 Acres
Year Built
1959
MLS® Number
SC25135435
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
3 weeks ago
Listing first seen on site
3 weeks ago
Listing updated with changes from the MLS®
General Features
Acres
0.14
Attached Garage
Yes
Foundation
Slab
Garage
Yes
Garage Spaces
2
Number Of Stories
2
Parking
AttachedDrivewayGarage
Parking Spaces
2
Property Sub Type
Single Family Residence
Sewer
Public Sewer
Stories
Two
Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
7-R-1
Interior Features
Appliances
Gas OvenRefrigeratorWater Heater
Fireplace Features
None
Flooring
BambooCarpetWood
Heating
Central
Interior
Master Downstairs
Laundry Features
In Garage
Main Level Bedrooms
3
Window Features
Double Pane Windows
Master Bedroom
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Exterior Features
Exterior
Awning(s)
Pool Features
None
Roof
Composition
View
Mountain(s)Neighborhood
Waterview
Mountain(s)Neighborhood
Windows/Doors
Double Pane Windows
Community Features
Building Access
front
Community Features
Curbs
Financing Terms Available
Cash
MLS Area
VC81 - Santa Barbara
School District
Goleta Union Elementary
Schools
School District
Goleta Union Elementary
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.