Major Price Reduction! SUMMARY
This property offers a developer the chance to acquire a well-defined project with significant, pre-negotiated fee waivers and a resolved airport land use conflict. While it requires re-entitlement, the extensive project history and existing agreements provide a clear and de-risked roadmap for bringing 32 new homes to the attractive Orcutt market.
KEY FINANCIAL ADVANTAGES & REDUCED FEES
• No School Fees for OUSD: A recorded settlement agreement with the Orcutt Union School District means a future developer will not have to pay school impact fees to the OUSD. This represents a considerable savings, as the current OUSD residential development fee is $3.69 per square foot as of June 2024, a potential savings of $160,000.
• No Quimby/Park Fees: A settlement with Santa Barbara County states that Quimby/Park fees, currently $5,344 per single-family dwelling, will not be required as the map has already been recorded. This amounts to a potential savings of over $171,000.
• No Affordable Housing In-Lieu Fees: The same settlement agreement with the county determined that no affordable housing mitigation would be required for the project, representing another significant potential cost reduction.
• HOA Agreement in Place: A mediated settlement with the Northpoint Homeowner’s Association (HOA) clarifies that this phase is not required to join the existing HOA but will contribute to shared road and drainage basin maintenance. This agreement provides a clear framework for managing shared infrastructure costs and mitigates potential disputes with the existing association.
DEVELOPMENT & ENTITLEMENT STATUS
• Expired but Clear Path Forward: While the previous Development Plan for the 32 units expired in 2018, the path to re-entitle the project is straightforward. The buyer will need to undergo a new Development Plan application consistent with the prior approvals.
• Favorable Airport Safety Zone Update: A 2023 revision to the Airport Land Use Compatibility Plan (ALUCP) has removed a “no build corridor” that previously conflicted with 15 of the lots, eliminating a significant past obstacle to development.
Streamlining Potential: The site may qualify for the permit streamlining provisions of SB 35, as it is in an urban area with 75% of its perimeter already developed.
This property offers a developer the chance to acquire a well-defined project with significant, pre-negotiated fee waivers and a resolved airport land use conflict. While it requires re-entitlement, the extensive project history and existing agreements provide a clear and de-risked roadmap for bringing 32 new homes to the attractive Orcutt market.
KEY FINANCIAL ADVANTAGES & REDUCED FEES
• No School Fees for OUSD: A recorded settlement agreement with the Orcutt Union School District means a future developer will not have to pay school impact fees to the OUSD. This represents a considerable savings, as the current OUSD residential development fee is $3.69 per square foot as of June 2024, a potential savings of $160,000.
• No Quimby/Park Fees: A settlement with Santa Barbara County states that Quimby/Park fees, currently $5,344 per single-family dwelling, will not be required as the map has already been recorded. This amounts to a potential savings of over $171,000.
• No Affordable Housing In-Lieu Fees: The same settlement agreement with the county determined that no affordable housing mitigation would be required for the project, representing another significant potential cost reduction.
• HOA Agreement in Place: A mediated settlement with the Northpoint Homeowner’s Association (HOA) clarifies that this phase is not required to join the existing HOA but will contribute to shared road and drainage basin maintenance. This agreement provides a clear framework for managing shared infrastructure costs and mitigates potential disputes with the existing association.
DEVELOPMENT & ENTITLEMENT STATUS
• Expired but Clear Path Forward: While the previous Development Plan for the 32 units expired in 2018, the path to re-entitle the project is straightforward. The buyer will need to undergo a new Development Plan application consistent with the prior approvals.
• Favorable Airport Safety Zone Update: A 2023 revision to the Airport Land Use Compatibility Plan (ALUCP) has removed a “no build corridor” that previously conflicted with 15 of the lots, eliminating a significant past obstacle to development.
Streamlining Potential: The site may qualify for the permit streamlining provisions of SB 35, as it is in an urban area with 75% of its perimeter already developed.
Current real estate data for Land in Santa Maria as of Apr 05, 2026
15
Land Listed
190
Avg DOM
$7,608,302
Avg List Price
Property Details
Price:
$1,400,000
MLS #:
PI26059582
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Orcutt West880
Neighborhood:
orctorcutt
Listed Date:
Mar 18, 2026
Lot Size:
173,804 sqft / 3.99 acres (approx)
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Community
- AddressNorthpoint CR Lot 116 Santa Maria CA
- SubdivisionOrcutt West(880)
- CitySanta Maria
- CountySanta Barbara
- Zip Code93455
Subdivisions in Santa Maria
Property Summary
- Located in the Orcutt West(880) subdivision, Northpoint CR Lot 116 Santa Maria CA is a Land for sale in Santa Maria, CA, 93455. It is listed for $1,400,000 and features 4 acres.
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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…
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Courtesy of Hart Commercial Real Estate. 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 2026. California Regional Multiple Listing Service. All rights reserved. Northpoint CR Lot 116
Santa Maria, CA
