$65,000,000
About this home
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
Facts & features
- Lot size
- 265 acres (11,543,400 sq ft)
- View
- Ocean
- Area
- VC 81 - Santa Barbara
- County
- Santa Barbara
- Community features
- Biking, Fishing, Hiking, Street Lights
- Status
- Active
- Property type
- Land
- Days on market
- 364
- Listed
- 2025-04-02
- Terms
- Exchange 1031
- Parcel #
- 065320001
- MLS #
- CV25072371