1240 W Micheltorena St, Santa Barbara, CA 93101

Approved permits extended Spring 2023, RTI permit for the redesign expected 1/31/24. This beautifully designed approximately 2,700 sqft modern and contemporary masterpiece awaits you. Nestled amongst the trees near the end of a cul de sac, you'll feel like royalty as the elevator whisks you up to the rooftop deck of this three level gem. Floors two and three also have walk out balconies in this open floor plan, and take full advantage of the gorgeous views of the mountain, mission and city by day, and starlit skies at night. Just minutes from the beach, marina and state street, the lot is centrally located to amazing schools, universities, amazing hikes and all that Santa Barbara has to offer! Build your dream home, or embrace this incredibly rare opportunity of an active permit as a builder/investor. Those who know Santa Barbara know just how rare new construction homes are. Quotes were obtained for the grading/caisson work, as well as the home construction totalling about $1.5m. The home directly across the street just sold for $1,500/sqft, and the houses next door are Zestimated to be $1,338/sqft. At $1,333/sqft, this home would be valued at $3,600,000 leaving abundant equity and/or profit. To clarify, there is an active permit, and we have submitted changes to get approval for the design shown. Call today with any questions, and write an offer to make this incredible opportunity yours! Financing options available, 2 pct agent commission available. Thank you. https://api2.enscape3d.com/v1/view/3e8a66b7-4bab-4a94-98bf-b9dd735a5ff3