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$65,000,000

Est. payment - /mo

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265 Acres Lot

Active

0 More Mesa Dr Santa Barbara, CA 93110

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Santa Barbara: Other (80)

MLS Listing ID CV25072371

HOA Y/N No

Lot Size 265.000 Acres

Property Description

Here is a real estate development project of an oceanfront land in Santa Barbara,California.This 264.49 acres has been called several names:, The Jewel of the West ,The Jewel of The Pacific, The Jewel of California and has been ranked as one of the 4 most beautiful lands in USA..
The following brief financial study of the property along with its pictures would give the investor a clear idea about this golden opportunity.
IMPORTANT: This Pacific Oceanfront piece of land was appraised in 2007 at $106 million and the appraisal has been sent to you in a previous email..
Size of the land: 264.49 acres
Zoned for : 70 homes
Location : Pacific Oceanfront In Santa Barbara-California
Asking Price : $65 Million
Intro : It is known as one of the 4 most beautiful pieces of land
In United State
Appraised At : $ 106 million
Note:
It is made up of legally subdivided 6 lots yet physically it is one single lot.
Although the requirement in that location is 30% of the size of this land can be a buildable area
being 80 acres yet the county compelled by the environmentalists to allow only 15 % being 40 acres

Location

State CA

County Santa Barbara

Area Vc81 - Santa Barbara

Zoning PRD 70-100

Interior

Fireplace No

Exterior

Community Features Biking, Fishing, Hiking, Street Lights

Waterfront Description Across the Road from Lake/Ocean,Beach Access,Beach Front,Ocean Access,Ocean Front

View Y/N Yes

View Ocean

Building

Lot Description Bluff

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 065320001

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Taffy Bishara RE/MAX OLYMPIC 626-991-7787

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