2347 Shelby Street, Summerland, CA 93067

Local realty services provided by:CENTURY 21 Masters
2347 Shelby Street,Summerland, CA 93067
$2,800,000
  • 5 Beds
  • 7 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: the santa barbara group
Office: berkshire hathaway homeservices california properties
MLS#:26-2394
Source:SBAOR

Price summary

  • Price:$2,800,000

About this home

Owner-user investment opportunity in the heart of Summerland. This vacant ocean-view penthouse is part of a four-unit property and creates a rare opportunity to live in the premier unit while benefiting from income-producing rental apartments below. The penthouse features 2 bedrooms, 2 bathrooms, and an exceptional approx. 800 sq ft panoramic ocean-view deck designed for indoor-outdoor coastal living. The remaining units include one studio and two 2-bedroom, 1.5-bath townhouse-style apartments. Set on a street-to-street lot, the property offers additional long-term upside through thoughtful improvements, enhanced outdoor spaces, and continued optimization of the existing rental configuration. A compelling Summerland opportunity for buyers seeking ocean views, flexibility, income potential, and future value creation in one of the South Coast's most charming coastal communities.

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Home facts

  • Year built:1973
  • Listing ID #:26-2394
  • Added:7 day(s) ago
  • Updated:July 28, 2026 at 02:38 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:7
  • Full bathrooms:5
  • Half bathrooms:2
  • Rooms Total:1

Structure and exterior

  • Year built:1973
  • Lot area:0.14 Acres
  • Architectural Style:Cape Cod
  • Exterior Features:Deck
  • Foundation Description:Raised
  • Levels:Tri-Level

Schools

  • High school:Carp. Sr.
  • Middle school:Carp. Jr.
  • Elementary school:Summerland

Finances and disclosures

  • Price:$2,800,000

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Garage:Yes
  • Garage spaces:2
  • Carport spaces:4
Based on information from the Santa Barbara MLS as of July 28, 2026 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. SBAOR Member Broker: Randy Thompson