Address Withheld By Seller, Santa Barbara, CA 93105

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
Address Withheld By Seller,Santa Barbara, CA 93105
$2,395,000
  • 0.21 Acres
  • Lots / Land
  • Active
Listed by:ken switzer
Office:berkshire hathaway homeservices california properties
MLS#:25-1837
Source:SBAOR

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Price summary

  • Price:$2,395,000

About this home

Now available for sale for the 1st time in 50 years, is a rare under-developed parcel in an A++ location, adjacent to the Cottage Hospital medical buildings, Sansum Clinic, etc. Current use is 3 apartment units in front at the street, the back portion of the lot was never built on. Recent and ever-increasing housing density rules now offer a developer/investor an incredible opportunity to build-out the parcel or re-build from scratch. A non-developer may also value this opportunity as a multi-family investment + land-bank with upside appreciation, or by entitling and selling the entitled project for profit. Valuable 2nd access is available via a rear public alley. Offering Memorandum in Documents (unbranded) incl. financial pro-forma and SEPPS land-use report showing up to 11 large units

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Home facts

  • Listing ID #:25-1837
  • Added:127 day(s) ago
  • Updated:June 27, 2025 at 02:44 PM

Structure and exterior

  • Lot area:0.21 Acres

Schools

  • High school:S.B. Sr.
  • Middle school:S.B. Jr.
  • Elementary school:Peabody

Finances and disclosures

  • Price:$2,395,000
Based on information from the Santa Barbara MLS as of September 25, 2025 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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