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$50,000,000
0 More Mesa Dr, Santa Barbara, CA 93110
0 Beds
0 Baths
n/a sqft

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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
  • Price:
  • $50,000,000
  • Acreage:
  • 265.00
  • Listing ID #:
  • CV21159913
  • Street Address:
  • 0 More Mesa Dr
  • City:
  • Santa Barbara
  • State:
  • California
  • Postal Code:
  • 93110
  • County:
  • Santa Barbara
  • Community:
  • Santa Barbara
  • Subdivision:
  • Santa Barbara: Other (80)
  • Listing Status:
  • Active
  • Listing Type:
  • Land
  • View:
  • Ocean
  • Conforms To Zoning:
  • Prd 70-100
  • Lot Features:
  • Bluff
  • Lot Size:
  • 265
  • Lot Square Footage:
  • 11543400
  • Road Frontage Type:
  • City Street
  • Community Features:
  • Biking, Fishing, Hiking, Street Lights
  • On Market Date:
  • 2021-07-21
  • Originating Mls:
  • Crmls
  • Terms:
  • 1031 Exchange
  • Subdivision:
  • Santa Barbara: Other (80)
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
  • Waterfront Description:
  • Across The Road From Lake/Ocean, Beach Access, Beach Front, Ocean Access, Ocean Front
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Taffy Bishara of RE/MAX Olympic
  • CACRMLS

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