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Isla Vista, CA Home for Sale

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    $17,250,000

    • 12,757 Sq Ft

    6587 Cervantes Rd, Goleta, CA 93117

    22 Existing Units Plus Proposed 27 Unit Entitled Development Opportunity! This premier offering near the UCSB campus includes two apartment buildings totaling 22 units, plus ±15,000 SF of adjacent land which is currently generating additional income through parking. The offering features proposed plans for a 27-unit development, making for a total of 108 potential beds.

    Steve Golis Radius Group Commercial R.E.

    6587 Cervantes Rd, Goleta, CA 93117

Why Live in Isla Vista

Isla Vista is a vibrant beachside community located on the Pacific coast, adjacent to the University of California, Santa Barbara. The neighborhood is known for its lush green spaces, sandy beaches, and a variety of local restaurants. The presence of UCSB brings a lively atmosphere, particularly during holidays and school events. The area is walkable and bike-friendly, reducing noise and pollution, although weekend parties can be common. Community organizations like the Isla Vista Food Cooperative and events such as the Pardall Carnival foster strong neighborly connections. The Loop on El Embarcadero Road is a hub for local shops and dining, featuring places like Freebirds for burritos and Lao Wang for noodles. The Camino Real Marketplace offers larger retail options including Costco and Target. Housing styles range from midcentury ranch-style homes to Spanish Revival-style properties, with prices varying based on location and demand. Public beaches along the southern edge provide ample opportunities for swimming and surfing, while parks like Anisq'Oyo' Park and Girsch Park offer recreational spaces. Nature preserves such as Ellwood Mesa Open Space provide hiking trails with coastal views. The area is safer than the national average, and local schools, including Isla Vista Elementary, Goleta Valley Junior High, and Dos Pueblos Senior High, are highly rated. El Colegio Road connects Isla Vista to U.S. Route 101, leading to Downtown Santa Barbara 13 miles away. The Santa Barbara Metropolitan Transit District operates local bus routes, and Santa Barbara Airport is nearby.

Frequently Asked Questions

What is the average home price in Isla Vista, CA?
Homes for sale in Isla Vista, CA have an average home price of $1,695,000.
How many homes have sold over the last 12 months in Isla Vista, CA?
4 homes have sold in Isla Vista, CA over the last 12 months.
What are the most popular zip codes in Isla Vista, CA?
The most popular zip codes in Isla Vista, CA include 93108, 93460, 93463, 93105 and 93103.
How much do you need to make to afford a house in Isla Vista?
The median home price in Isla Vista is $1,695,000. If you put a 20% down payment of $339,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $8,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $378K a year to afford the median home price in Isla Vista.
How are the schools in Isla Vista, CA?
Isla Vista, CA has highly rated public and private schools. Some of the best schools in Isla Vista based on Niche Grades are Isla Vista Elementary School, Dos Pueblos Senior High School and Goleta Valley Junior High School. Browse all the schools in Isla Vista, CA to learn more.

Home Trends in Isla Vista, CA

Housing Trends

Median Sale Price
$1,695,000
Median Single Family Sale Price
$1,695,000
Average Price Per Sq Ft
$713
Last 12 months Home Sales
4
Median List Price
$1,695,000
Median Change From 1st List Price
0%
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