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
493 days
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1,642
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88
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Zillow last checked:
Listing updated:
Listed by:
Taffy BisharaDRE #00916468626-991-7787,
RE/MAX OLYMPIC
Source: CRMLS,MLS#: CV25072371Originating MLS: California Regional MLS
Facts & features
Property
Features
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean
Waterfront features: Across the Road from Lake/Ocean, Beach Access, Beach Front, Ocean Access, Ocean Front
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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