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.