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121 E Arrellaga St
Santa Barbara, CA 93101
Simpson House Inn · Hospitality Property For Sale · 6,093 SF

INVESTMENT HIGHLIGHTS

  • Dual property sale with substantial upside opportunity from potential development.
  • Private patio, veranda and Victorian dinning room.
  • Walking access to Downtown Santa Barbara.
  • Victorian Estate with award winning gardens.
  • Includes adjacent Victorian office building on separate parcel.
  • Significant opportunity for developing the hotel as an event venue location.

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 1.16 AC
Building Size 6,093 SF
No. Stories 2
Year Built 1906
Tenancy Single
Parking Ratio 1.21/1,000 SF
Corridor Exterior
Zoning R4

AMENITIES

  • Bed & Breakfast
  • Meeting Event Space

ABOUT 121 E ARRELLAGA ST , SANTA BARBARA, CA 93101

Simpson House is a secluded boutique hotel tucked away in a tranquil and historic Santa Barbara neighborhood; it is surrounded by tall hedges and an acre of award-winning English gardens, and is considered one of the most distinguished Victorian-era estates in southern California. Guest rooms in this elegantly restored 1874 Victorian Estate Home, along with English-style cottages tucked amongst the garden corners, offer a respite from the outside world -- all in the heart of downtown Santa Barbara. Chester House, located next door, is currently occupied by a single tenant. The property is located in within walking distance to the Alice Keck Memorial Park, Alameda Park, and State St. Within a short driving distance is Stearns Wharf and the Santa Barbara Waterfront.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
027-191-005
Land Assessment
$4,143,289
Improvements Assessment
$3,474,097
Total Assessment
$7,617,386
  • Listing ID: 18317762

  • Date on Market: 1/27/2020

  • Last Updated:

  • Address: 121 E Arrellaga St, Santa Barbara, CA 93101

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