1221 Chapala Street, Santa Barbara, CA 93101
Property
Sold January 2026
Listing Agent: Robert Sandefer (DRE #01996491) · Listing Office: The Agency · Contact: 424-325-5000 · Bought with: Kristin Neithercut · Compass · MLS #24455641 · Source: CRMLS
How this sale compares
1221 Chapala Street sold for $4,200,000 in January 2026, 12% under its $4,750,000 list price, after 319 days on the market. It was first listed at $4,950,000. That works out to $558 per square foot on 7,525 square feet. Across 7 closed sales in 93101 over the last 12 months, the median sold price is $2,100,000 and the median is $1,173 per square foot, 110% above this sale's $558.
| Quarter | Closed sales in 93101 | Median sold price |
|---|---|---|
| Q1 2026 | 3 | $3,350,000 |
| Q2 2026 | 3 | $1,420,000 |
| Q4 2026 | 1 | $2,750,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Barbara · Homes for sale in 93101
Description
Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1 block off State Street and close to all restaurants, shops, and downtown amenities. A rare offering, trophy investment property in the California Riviera.
Listing description from the January 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 1221 Chapala Street
1410 Garden Street: Sold $3,350,000 · 14 bd · 12 ba · 6,400 sqft · Jan 2026 · 0.5 mi
Compass | DRE #00774377
Buyer's agent: OUT OF AREA, OUT OF AREA | DRE #00000000718 Cook Avenue: Sold $955,000 · 3 bd · 1 ba · 989 sqft · Jun 2026 · 0.7 mi
LIV Sothebys Ojai | DRE #02192510
Buyer's agent: Lorenzo Gama, Heritage Valley Realty | DRE #01522126917 W W Victoria Street: Sold $1,225,000 · 2 bd · 1 ba · 1,044 sqft · Jan 2026 · 0.8 mi
Berkshire Hathaway HomeService | DRE #01209580
Buyer's agent: Dana Bessenecker, Dana Bessenecker | DRE #017768521618 Clearview Road: Sold $1,420,000 · 2 bd · 1 ba · 968 sqft · Jun 2026 · 1.0 mi
Village Properties | DRE #01806890
Buyer's agent: Tiffany Dore, Village Properties | DRE #018068901102 Plaza Del Monte: Sold $2,750,000 · 3 bd · 2 ba · 1,735 sqft · Oct 2026 · 1.0 mi
1815 Mountain Avenue: Sold $2,100,000 · 3 bd · 3 ba · 1,233 sqft · Apr 2026 · 1.1 mi
Compass | DRE #01932289
Buyer's agent: Non Member, Unknown Agency
Closed sales reported in 93101, nearest first, last 12 months. All recent sales in Santa Barbara →