Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
265.0 acres
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
Features & Amenities
Interior
Area & Lot
-
Lot Features
Bluff
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Lot Size(acres)
265.0
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Property Type
Land
Exterior
-
Garage
No
Financial
-
Sales Price
$65,000,000
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Location
County
Santa Barbara
Elementary School
Middle School
High School
Listing Courtesy of Taffy Bishara , RE/MAX OLYMPIC
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