Description
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
Location
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Listing Agent: TAFFY BISHARA Courtesy of: RE/MAX OLYMPIC The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 17th August, 2022 9:40 PM (UTC)
