$2,500,000

517 Chapala Street, SANTA BARBARA CA, 93101

Price per sqftN/A

Property typeCommercial

Courtesy of Michael Lopus, Colliers International Greater Los Angeles, Inc.

Overview

Active

Listed Sep 17, 2026

Updated 29h ago

517 Chapala Street is an entitled 0.26-acre redevelopment site in downtown Santa Barbara, one block off State Street. The ±11,325 SF C2-zoned lot currently operates as a car dealership, with residential entitlements providing a head start or flexibility for a new vision. Institutional investment is reshaping the area, including UC Regents' acquisition across the street and Yardi's HQ relocation nearby, bringing 600 employees into the district. With strong frontage and walkable access to State Street, Amtrak, and the waterfront--and with housing demand far outpacing supply--517 offers a rare shovel-ready opportunity in a highly constrained coastal market.

Additional information

MLS^® ID: 26-3136

Interior Features

Bedrooms: 0
Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.26 Acres

Listed by Colliers International Greater Los Angeles, Inc., Michael Lopus,
Listing Contact: [email protected]

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Data last updated 4:16 AM UTC, 9/18/2026