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!
Property Details
Price:
$1,700,000
MLS #:
SC25135435
Status:
Active
Beds:
5
Baths:
3
Address:
740 Walnut Lane
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
vc81santabarbara
City:
Santa Barbara
Listed Date:
May 29, 2025
State:
CA
Finished Sq Ft:
2,046
ZIP:
93111
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1959
See this Listing
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
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Schools
School District:
Goleta Union Elementary
Interior
Appliances
Gas Oven, Refrigerator, Water Heater
Cooling
None
Fireplace Features
None
Flooring
Bamboo, Carpet
Heating
Central
Window Features
Double Pane Windows
Exterior
Community Features
Biking, Curbs, Preserve/ Public Land
Exterior Features
Awning(s)
Foundation Details
Slab
Garage Spaces
2.00
Lot Features
Yard
Parking Features
Driveway, Garage, Garage – Two Door
Parking Spots
2.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
2
View
Mountain(s), Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address740 Walnut Lane Santa Barbara CA
- AreaVC81 – Santa Barbara
- CitySanta Barbara
- CountySanta Barbara
- Zip Code93111
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740 Walnut Lane
Santa Barbara, CA
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