Pending
3040 Gibraltar Road
Santa Barbara CA, 93105
$3,280,000
$619.34 per sqft
Pending
6 Beds
6 Baths
5,296 sqft
Residential
Built in 2022
Listed by Melinda Bonini with Coldwell Banker Exclusive 818-360-3430
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.
SR23001289
MLSⓇ ID
June 1, 2022
Listed
November 21, 2023
Updated
Map
3040 Gibraltar Road
Santa Barbara CA, 93105
Interior Features
Bedrooms
6 Beds
Bathrooms
6 Baths
Interior Features
Unfurnished
Laundry Description
None
Floor Description
See Remarks
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
None
Heating
Yes
Heating Description
None
Exterior/Building Features
Lot Size
2.98 acres
Exterior Features
See Remarks
Lot Features
Lot Over 40000 Sqft
Architectual Style
Other
Roof
See Remarks
Sewer
Unknown
School Information
High School
Other
Other Property Details
Area Name
VC81 - Santa Barbara
Days on Market
314
Association Amenities
Mountainous
Garage
Yes
Garage Spaces
4
Parking
See Remarks
Parking Total
4
View
Yes
View Description
City Lights, Coastline, Harbor, Mountain(s), Ocean
County
Santa Barbara
Water Source
See Remarks
Pool
No
Pool Features
None
Zoning
40-E-1
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
11/20/2023 | Pending | — |
11/16/2023 | Under Contract | — |
10/27/2023 | Price Change | $3,280,000 -7% |
7/27/2023 | Active | — |
7/22/2023 | Under Contract | — |
7/14/2023 | Active | — |
7/14/2023 | Price Change | $3,500,000 59% |
7/14/2023 | Under Contract | — |
6/30/2023 | Pending | — |
6/21/2023 | Under Contract | — |
4/21/2023 | Pending | — |
Listing Contact: 818-360-3430
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/21/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/21/2023 at 2:31 AM UTC