2968 Washington Street, Cuyama, CA 93254
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
2968 Washington Street,Cuyama, CA 93254
$849,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: aaron schulman
Office: douglas elliman of california, inc.
MLS#:26-554
Source:SBAOR
Price summary
- Price:$849,900
About this home
Fully operational fourplex in the heart of Cuyama Valley on a 0.56-acre lot along Highway 166. Four side-by-side units of approx. 510 sq. ft. each (approx. 2,040 sq. ft. total). Three remodeled units generate active short-term rental income; the fourth offers value-add or owner-user potential. Upgrades include Starlink internet, EERO mesh WiFi, smart locks, and security system. Zoned DR-6 per Santa Barbara County. Buyer to verify use, STR status, and development potential. Ideal for investors or 1031 exchange buyers seeking income and long-term upside. Income & Operations
The property is currently operating as a short-term rental asset. Financial documentation and booking summaries are available upon accepted offer. Infrastructure supports remote and efficient management, including:
" Starlink high-speed internet
" EERO mesh WiFi routers in each unit
" Yale Assure 2 smart locks
" Six-camera Swann security system with back up
This setup allows for streamlined operations and reduced on-site management requirements.
Location & Demand Drivers
The property benefits from proximity to:
" Carrizo Plain National Monument
" Los Padres National Forest
" The historic Buckhorn Hotel & Restaurant
" Film production activity in the Cuyama Valley corridor
" Growing dark-sky and desert tourism demand
" L88 Landing strip for private aircraft
" Quail Springs Permaculture
" Blue Sky Center
and more.
New Cuyama continues to attract visitors seeking rural California experiences, outdoor recreation, and quiet desert retreat settings.
Zoning & Development
Zoned DR-6 (Design Residential) per Santa Barbara County. Existing fourplex is an established residential / commercial use. Buyer to independently verify:
" Short-term rental permissibility
" ADU eligibility
" Future development potential
" Any overlay or use restrictions
Water Basin Disclosure
The property lies within the adjudicated Cuyama Groundwater Basin. Buyer to independently verify water use regulations, well capacity (if applicable), and any irrigation or development limitations.
Value-Add Potential
Opportunities may include:
" Completion and activation of the fourth unit
" Optimization of ADR and occupancy
" Branding and direct booking growth
" Mid-term rental positioning
" Outdoor programming enhancements
" Strategic repositioning as boutique desert compound
Ideal Buyer Profile
This property may appeal to:
Investors seeking stabilized short-term rental income
1031 exchange buyers seeking smaller replacement assets
Owner-operators seeking lifestyle and income flexibility
Buyers looking for long-term appreciation in an emerging rural corridor
The Dew Drop Inn represents a rare opportunity to acquire an income-producing asset with lifestyle optionality in one of California's most authentic desert valleys.
Financials and additional operational details available upon accepted offer with POF for full purchase price.
Contact an agent
Home facts
- Year built:1949
- Listing ID #:26-554
- Added:1 day(s) ago
- Updated:February 27, 2026 at 12:31 PM
Rooms and interior
- Flooring:Tile, Wood/Laminate
Heating and cooling
- Cooling:Ceiling Fan(s), Window Unit(s)
- Heating:Heating, Wall Furnace
Structure and exterior
- Year built:1949
- Lot area:0.56 Acres
- Foundation Description:Slab
Schools
- High school:See Remarks
- Middle school:See Remarks
- Elementary school:See Remarks
Finances and disclosures
- Price:$849,900
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