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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 : $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

Property Details

Price:
$65,000,000
MLS #:
CV19178216MR
Status:
Active
Address:
0 More Mesa Dr
Type:
Land
City:
SANTA BARBARA
Listed Date:
Jul 26, 2019 (350 days)
State:
CA
ZIP:
93110
Lot Size:
11,543,400 sqft / 265.00 acres (approx)
Year Built:
0

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0 More Mesa Dr
SANTA BARBARA, CA