REO Foreclosure Builder Investor Fix and Flip with income property potential. Live in or Rent out Guest House while finishing Construction. Incomplete new construction builder states approximately 80% completed. Main Estate house 4 BR 4.5 BA 4078 Sq ft. + 400 sq ft. Observation deck, according to the plans. Guest House built in 1982, 1BR and Loft and 2 BA 1151 Sq ft, with a laundry room according to the plans and is move in ready. Each has 4+ car parking. One of the highest homes in the hills with STUNNING OCEAN VIEWS OF SANTA BARBARA, THE COASTLINE, HARBOR AND CITY LIGHTS, CHANNEL ISLANDS, etc. This is a once in a lifetime opportunity for the right buyer. The Builder ran out of money during Covid restrictions and could not complete the buildout. Bring your builder or we have a builder who would love to complete the buildout. We have cost breakdowns and estimates available. Main house has 2 car garage to be finished in the construction.
Property Details
Price:
$3,280,000
MLS #:
SR23001289
Status:
Closed ((Mar 8, 2024))
Beds:
6
Baths:
6
Address:
3040 Gibraltar Road
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Santa Barbara: Other 80
Neighborhood:
vc81santabarbara
City:
Santa Barbara
Listed Date:
Jun 1, 2022
State:
CA
Finished Sq Ft:
5,296
ZIP:
93105
Lot Size:
129,808 sqft / 2.98 acres (approx)
Year Built:
2022
Schools
Interior
Accessibility Features
Other, See Remarks
Appliances
None
Basement
Unfinished
Cooling
None
Fireplace Features
None
Flooring
See Remarks
Heating
None
Interior Features
Unfurnished
Window Features
Wood Frames
Exterior
Community Features
Mountainous
Foundation Details
See Remarks
Garage Spaces
4.00
Lot Features
Lot Over 40000 Sqft
Parking Features
See Remarks
Parking Spots
4.00
Pool Features
None
Roof
See Remarks
Sewer
Unknown
View
City Lights, Coastline, Harbor, Mountain(s), Ocean
Water Source
See Remarks
Financial
Association Fee
0.00
Buyer Agent Compensation
2.500
Utilities
None, See Remarks
Map
Contact Us
Mortgage Calculator
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Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…
More About Bunny
Courtesy of Coldwell Banker Exclusive. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 3040 Gibraltar Road
Santa Barbara, CA
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