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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 acresZoned for : 70 homesLocation : Pacific Oceanfront In Santa Barbara-CaliforniaAsking Price : $65 MillionIntro : It is known as one of the 4 most beautiful pieces of land In United StateAppraised At : $ 106 millionNote: 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
Last Updated | 4/3/2025 | Tract | Santa Barbara: Other (80) |
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Community | Santa Barbara | County | Santa Barbara |
Additional Details
AREA | Santa Barbara |
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HOA DUES | 0 |
LOT | 265 acre(s) |
LOT DESCRIPTION | Bluff |
SEWER | Public Sewer |
SUBDIVISION | Santa Barbara: Other (80) |
VIEW | Yes |
VIEW DESCRIPTION | Ocean |
WATER | Public |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Across the Road from Lake/Ocean,Beach Access,Beach Front,Ocean Access,Ocean Front |
ZONING | PRD 70-100 |
Location
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