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740 Walnut Lane Santa Barbara, CA 93111
$1,700,000 5 beds, 3 baths
2, 046 sqft
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Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 25001228
List price is $1,700,000
Beds: 5
Baths: 3 (3 full)
Built in 1959
2,046 sqft
2 stories
0.14 acres
County: Santa Barbara
Interior features: Dual Pn Windows
Heating description: Forced Air
MLS area: 99 - Out of Area

Last Updated: 6/20/2025

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This listing belongs to the 99 - Out of Area MLS area

Lat/Long: 34.428660, -119.802096.
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Listing Agent: AMANDA ESPARZA
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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