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  • $2,995,000

    2347 Shelby St, Summerland, CA 93067

    7beds
    5baths
    --sqft
    : 
    Multi Family
    Built in 1973
    -- sqft lot
    $3,072,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spectacular ocean view property
    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.
    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#: 26-1008MLS Logo

    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
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        Estimated market value

        $3,072,700

        $2.92M - $3.23M

        $5,706/mo

        Price history

        Price history
        DateEventPrice
        3/30/2026Listed for sale$2,995,000+59.7%
        Source: SBMLS #26-1008 Report a problem
        10/6/2015Sold$1,875,000
        Source: SBMLS #15-2476 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: 93067

          Getting around

          62 / 100
          Somewhat Walkable
          36 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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