SPECTACULAR OCEAN VIEW PROPERTY! Four-unit complex in the heart of Summerland featuring unobstructed ocean and Channel Island views from every single unit. The crown jewel of this property is the sprawling upstairs 2-bedroom, 2-bathroom Penthouse, which boasts a massive 800+ sq. ft. private sun deck--the ultimate venue for sunset entertaining. Designed for the discerning owner-user or high-yield investor, the property also includes two additional 2-bedroom 1.5-bath units with private view decks and a chic 1-bedroom studio. This asset has been meticulously maintained with a decade of premium upgrades, including a durable new Hardie board exterior (2020), high-efficiency Navien hot water and boiler systems (2021), new roofing (2016), modernized interior remodel with designer kitchens, luxury flooring (2019-2020), installed a murphy bed, cabinetry and sofa in unit 3 (2022), rebuilt balconies and stairs (2025-2026), and new asphalt driveways (2026) Whether you're seeking a serene coastal retreat with significant rental income or a turnkey vacation rental portfolio, this rare Summerland gem offers an unrivaled blend of sophisticated lifestyle and structural integrity.
Active
$2,995,000
2347 Shelby St, Summerland, CA 93067
7beds
5baths
--sqft
Est.:
Multi Family
Built in 1973
-- sqft lot
$3,072,700 Zestimate®
$--/sqft
$-- HOA
What's special
Spectacular ocean view property
- 2 days |
- 326 |
- 9 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: 15 hours ago
Listed by:
The Santa Barbara Group 805-252-2335,
Berkshire Hathaway HomeServices California Properties
Source: SBMLS,MLS#: 26-1008
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Other
Appliances
- Laundry: Laundry Room, Some
Features
- Flooring: Vinyl, Carpet, Tile, Wood/Laminate
- Has fireplace: No
Property
Parking
- Total spaces: 10
- Parking features: Garage, Carport, Attached
- Garage spaces: 2
- Carport spaces: 4
- Covered spaces: 6
- Uncovered spaces: 4
Features
- Stories: 3
Lot
- Size: 6,098.4 Square Feet
Details
- Parcel number: 005144005
- Zoning: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Mixed
Condition
- Excellent
- Year built: 1973
Community & HOA
Community
- Subdivision: 05 - Summerland
Location
- Region: Summerland
Financial & listing details
- Tax assessed value: $2,219,614
- Annual tax amount: $27,078
- Date on market: 3/30/2026
- Cumulative days on market: 3 days
- Listing terms: Conventional,Cash
- Total actual rent: 11267
Estimated market value
$3,072,700
$2.92M - $3.23M
$5,706/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Listed for sale | $2,995,000+59.7% |
Source: | ||
| 10/6/2015 | Sold | $1,875,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $27,078 -2.5% | $2,219,614 +2% |
| 2024 | $27,760 +1.5% | $2,176,093 +2% |
| 2023 | $27,351 +1.3% | $2,133,425 +2% |
| 2022 | $26,995 +2.4% | $2,091,594 +2% |
| 2021 | $26,364 +6.1% | $2,050,583 +1% |
| 2020 | $24,852 +2.3% | $2,029,558 +2% |
| 2019 | $24,289 +1.9% | $1,989,764 +2% |
| 2018 | $23,846 +2% | $1,950,750 +2% |
| 2017 | $23,382 +1.9% | $1,912,500 +2% |
| 2016 | $22,942 +101% | $1,875,000 +136.3% |
| 2015 | $11,413 +5.5% | $793,372 +2% |
| 2014 | $10,822 | $777,832 +2.5% |
| 2012 | -- | $759,136 +2% |
| 2011 | -- | $744,252 +0.8% |
| 2010 | -- | $738,691 -0.2% |
| 2009 | -- | $740,447 +2% |
| 2008 | -- | $725,929 +2% |
| 2007 | -- | $711,696 +2% |
| 2006 | -- | $697,742 +2% |
| 2005 | -- | $684,062 +3.9% |
| 2003 | -- | $658,359 +2% |
| 2002 | -- | $645,451 +2% |
| 2001 | -- | $632,796 +2% |
| 2000 | -- | $620,389 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$17,718/mo
Principal & interest
$15047
Property taxes
$2671
More affordability tools
Climate risks
Neighborhood: 93067
Nearby schools
GreatSchools rating
- 10/10Summerland Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10Carpinteria Middle SchoolGrades: 6-8Distance: 5 mi
- 7/10Carpinteria Senior High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Summerland
- Middle: Carp. Jr.
- High: Carp. Sr.
Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 93067
- California
- Santa Barbara County
- Summerland
- 93067
- 2347 Shelby St




