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Listed by Taffy Bishara • RE/MAX OLYMPIC
$ 65,000,000
Est. payment | /mo
11,543,400 SqFt
$ 65,000,000
Est. payment | /mo
11,543,400 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 11,543,400 sqft
Price per Sqft $5
MLS Listing ID CRCV25072371
HOA Y/N No
Lot Size 265.000 Acres
Property Sub-Type Unimproved Land
Source Datashare California Regional
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
Interior
Fireplace No
Exterior
View Ocean
Building
Lot Description Other
Water Public
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Yeimalis Acevedo-Rasmussen
Broker-Owner | Lic# CA 01727676 | TX 9014437