6516 Del Playa Drive, Goleta, CA 93117
Property
Sold June 2026
Listing Agent: Michael Lopus (DRE #01970736) · Listing Office: Colliers International · Contact: (805) 680-8806 · Bought with: Non Member · Unknown Agency · MLS #V1-35131 · Source: CRMLS
How this sale compares
6516 Del Playa Drive sold for $2,227,000 in June 2026, 4.2% under its $2,325,000 list price, after 56 days on the market. Across 22 closed sales in 93117 over the last 12 months, the median sold price is $975,000 and the median is $720 per square foot.
| Quarter | Closed sales in 93117 | Median sold price |
|---|---|---|
| Q1 2026 | 1 | $900,000 |
| Q2 2026 | 11 | $1,725,000 |
| Q3 2026 | 9 | $299,950 |
| Q4 2026 | 1 | $1,925,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Goleta · Homes for sale in 93117
Description
Positioned on the iconic Del Playa corridor in Goleta, 6516 Del Playa presents a rare two-unit investment opportunity featuring a 3BD/2BA main residence and a 3BD/3BA ADU -- both fully leased through the 26/27 academic year. Priced at $2,325,000, the property generates $17,000/month in combined rental income with an NOI stepping from $130,663 to $141,073 year-over-year. The 26/27 leases are already in place, providing immediate cash flow certainty and a clear path to a 6.07% cap rate. With limited inventory and perpetual student housing demand driven by UCSB, this asset offers investors a compelling blend of current income and long-term appreciation in one of Santa Barbara County's most sought-after rental markets.
Listing description from the June 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 6516 Del Playa Drive
6615 Sabado Tarde Road: Sold $1,680,000 · 4 bd · 2 ba · 2,200 sqft · Apr 2026 · 0.3 mi
Lyon Stahl Investment Real Estate, Inc. | DRE #02128816
Buyer's agent: Spencer Chan, Lyon Stahl Investment Real Estate, Inc. | DRE #021975316789 Sabado Tarde Road: Sold $1,850,000 · 6 bd · 3 ba · 2,200 sqft · Apr 2026 · 0.7 mi
Lyon Stahl Investment Real Estate, Inc. | DRE #02128816
Buyer's agent: Jake Glaser, Lyon Stahl Investment Real Estate, Inc. | DRE #02128816516 Mills Way: Sold $2,110,000 · 4 bd · 4 ba · 1,850 sqft · Jun 2026 · 1.4 mi
Evans Realty & Investments | DRE #01421487
Buyer's agent: Sandy Mathers, Century 21 Masters | DRE #01713423406 Ellwood Beach Drive: Sold $3,235,000 · 16 bd · 12 ba · 6,819 sqft · Jul 2026 · 2.1 mi
Matthews Real Estate Investment Services | DRE #01325901
Buyer's agent: Michael Lopus, Colliers International | DRE #019707367392 Freeman Place: Sold $1,400,000 · 5 bd · 3 ba · 2,437 sqft · Apr 2026 · 2.1 mi
Matthews Real Estate Investment Services | DRE #01325901
Buyer's agent: Subscriber Non, Non-Participant Office | DRE #132527116 Madera Drive: Sold $900,000 · 3 bd · 2 ba · 1,125 sqft · Jan 2026 · 2.3 mi
Metzner Realty | DRE #01734850
Buyer's agent: Paul Metzner, Metzner Realty | DRE #017348507368 Hollister Avenue 56: Sold $247,000 · 1 bd · 1 ba · 490 sqft · May 2026 · 2.3 mi
Dalton Real Estate | DRE #00959147
Buyer's agent: NONE NONE, None MRML | DRE #N/A7465 Hollister Avenue 130: Sold $609,425 · 2 bd · 2 ba · 960 sqft · Aug 2026 · 2.3 mi
Keller Williams Santa Barbara | DRE #01299477
Buyer's agent: Non Member, Unknown Office
Closed sales reported in 93117, nearest first, last 12 months. All recent sales in Goleta →