Welcome to 740 Walnut Lane, a unique property offering flexibility and comfort in an excellent location. The main residence features 3 bedrooms and 2 bathrooms with a functional layout for everyday living. Above the detached garage, a private upstairs unit provides 2 bedrooms, 1 bathroom, and apartment-style living with its own entrance — perfect for extended family, long-term guests, or rental income potential. The backyard is a peaceful retreat, featuring a sunlit patio and a variety of mature, fruit-bearing trees, including avocado, apricot, plum, and apple. Recent upgrades include a brand-new electrical panel, and the home is equipped with dual-pane windows for added efficiency and comfort. Located just minutes from UCSB, Hollister Elementary, Magnolia Shopping Center, with easy access to the Scenic Coast Bike Trail, this property offers both convenience and versatility. With the ability to accommodate multiple lifestyles, 740 Walnut Lane presents a rare opportunity in a sought-after area.
MLS #
CRSC25135435
MLS Source
California Regional MLS
Days on Site
61
Bedrooms
Ground Floor Bedroom
Appliances
Oven - Gas, Refrigerator
Fireplace
None
Flooring
Bamboo
Laundry
In Garage
Cooling
None
Heating
Central Forced Air
Roof
Composition
Foundation
Slab
Pool
None
Garage/Parking
Attached Garage, Garage, Other, Garage: 2 Car(s)
Elementary District
Goleta Union Elementary
HOA Fee
$0
Zoning
7-R-1
740 Walnut Ln is a Single Family Residence in Santa Barbara, CA 93111. This 2,046 square foot property sits on a 6,098 Sq Ft Lot and features 5 bedrooms & 3 full bathrooms. It is currently priced at $1,599,000 and was built in 1959.
This address can also be written as 740 Walnut Ln, Santa Barbara, CA 93111.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 19, 2025. For the most current information, please contact Amanda Esparza, (805) 405-2899