There’s a new owner at the inn!
The iconic Hotel Santa Barbara has a new owner after exchanging hands for $41.9 million, according to Berkshire Hathaway HomeServices California Properties. The property features 75 guest rooms, lobby, two meeting rooms, a small kitchen and six ground-level retail spaces along State Street.
A hotel has occupied the site since the mid-1800s, and was reconstructed after the 1925 earthquake. The Santa Barbara Independent notes that since the hotel’s reopening in the 1960s as the Hotel Santa Barbara and being acquired by the sellers in 1975, there have been several major renovations in 1996, 2013 and most recently 2019.
J.J. Gobbell, Aaron Valenty and Mark Simon held the listing.