Active

0 More Mesa Dr

Santa Barbara CA, 93110

$65,000,000


$5.63 per sqft

Active

Land

Listed by TAFFY BISHARA with RE/MAX OLYMPIC 626-331-4868

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 : $50Million 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

CV22233922

MLS ID

November 1, 2022

Listed

November 3, 2023

Updated

Map

0 More Mesa Dr
Santa Barbara CA, 93110

Exterior/Building Features

Lot Size

265 acres


Lot Features

Bluff


Sewer

Public Sewer

Other Property Details

Area Name

VC81 - Santa Barbara


Days on Market

294


Association Amenities

Biking, Fishing, Hiking, Street Lights


Garage

No


Parking

No


View

Yes


View Description

Ocean


County

Santa Barbara


Water Source

Public


Pool

No


Waterfront

Yes


Zoning

PRD 70-100

Listing History

Date

Event

Price

11/2/2023

Price Change

$65,000,000

8%

Listing Contact: 626-331-4868 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/3/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/3/2023 at 12:02 AM UTC

 

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