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  • 517 Chapala Street

517 Chapala Street, Santa Barbara, CA 93101

$2,500,000 Approx. USD 0 beds, 0 baths
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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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thekeatyteam@bhhscal.com Tustin Office
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Tustin, CA 92780
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Tustin, CA 92780
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Listing Agent


Michael Lopus
Lic#: 01970736
Broker: Courtesy of Colliers International Greater Los Angeles, Inc.

Agent Remarks

517 Chapala Street is an entitled 0.26-acre redevelopment site in downtown Santa Barbara, one block off State Street. The ±11,325 SF C2-zoned lot currently operates as a car dealership, with residential entitlements providing a head start or flexibility for a new vision. Institutional investment is reshaping the area, including UC Regents' acquisition across the street and Yardi's HQ relocation nearby, bringing 600 employees into the district. With strong frontage and walkable access to State Street, Amtrak, and the waterfront--and with housing demand far outpacing supply--517 offers a rare shovel-ready opportunity in a highly constrained coastal market.

Listing Details

Property type: Retail (Commercial)
Status: Active
MLS# 26-3136
Price: $2,500,000
0.26 acres
Lot size: 0.2600
County: Santa Barbara
Zoning: C-2
MLS area: 20 - SB/WEST OF STATE

Last Updated: 10/3/2026

 Days On Market (DOM): 16

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This listing belongs to the 20 - SB/WEST OF STATE MLS area

Lat/Long: 34.416003, -119.697512.
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Source: SBM. Also Available in V1-38795,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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