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, scott s williams
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 as an investment + land-bank with 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. Seller-financing now considered!
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Home facts
- Listing ID #:25-1837
- Added:211 day(s) ago
- Updated:December 17, 2025 at 08:46 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
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