Santa Barbara
0 More Mesa Dr
$65,000,000
Listed by Taffy Bishara, RE/MAX OLYMPIC, Listing Broker
Listing broker contact: 626-991-7787
Advertised by Kyle Shutts, Arbor Real Estate (Advertising Broker), DRE# 02060736
About This Property
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 . 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 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
Property Details
Inquiries submitted through this site are answered by Kyle Shutts of Arbor Real Estate, the advertising broker, not the listing agent. Listing data provided by CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Square footage, lot size, and other details are approximate. This listing is subject to prior sale, change, or withdrawal without notice. Last updated .
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Meet Kyle
Kyle Shutts
Real Estate Professional
Whether you’re buying your first home, upgrading, or selling a high-value property, my goal is simple: to protect your interests, maximize your outcome, and make the experience as smooth and stress-free as possible.
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