0 More Mesa Dr, Santa Barbara, CA 93110 | CV21159913 | Vista Sotheby’s International Realty

0 More Mesa Dr $50,000,000

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    0 More Mesa Dr Santa Barbara, CA 93110

    • 265.00 Acres
    • Land
    • MLS# CV21159913
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    Views: 63 Days On Market: 342

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    Property Details

    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

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.000 %
      • County Or Parish Santa Barbara
      • Subdivision Name Santa Barbara: Other (80)
    • Property Features
      • Lot Size Acres 265
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Waterfront Features Error: ClassID in tblMLSFieldPropertyType is null.

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    Neighborhood

    93110 (Santa Barbara) Demographics

    47 Median Age
    1,479 Population Density (per sq. mile)
    55% College Educated
    $93,264 Estimated Median Income
    4,017 Estimated Total Home Owners
    2,368 Estimated Total Renters
    63% / 37% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    15,777 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,950,000 Median Sales Price
    2 Homes Sold
    24 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $50,000,000
        7/21/2021 12:49:00 PM New in Database Source: Multiple Listing Service New Value: $50,000,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 6/28/2022 4:19:38 AM. 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, 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.