$6,495,000
Above it All -- A landmark parcel of unrivaled scale, privacy and options encompassing over 28 acres overlooking Santa Barbara. This unparalleled estate site offers a front-row seat to boundless panoramic views of the Pacific Ocean, Channel Islands, city lights, and dramatic sunsets-all framed by majestic Santa Ynez Mountains. This is a rare building opportunity offering a sophisticated canvas for a visionary owner to create their legacy compound or a strategic developer looking to subdivide and build multiple custom homes. A must see in person--reach out for a private tour!
The property comes with a significant timeline advantage, including fully permitted plans by renowned architect Brian Cearnal. The plans envision a sprawling 5,000± SF Mediterranean-style compound, showcasing the quintessential Santa Barbara lifestyle. Seamlessly blending indoor elegance with an outdoor sanctuary featuring a pool, spa, sport court and a detached 1,200± SF Additional Residential Unit (ARU)/Guest House. By bypassing years of the typical planning process, a new owner can begin construction immediately to realize their dream estate or development project.
This expansive 28.1 acres of useable land is uniquely positioned for a variety of high-level outcomes. Beyond a singular private retreat, there is extraordinary investment potential for an owner to further subdivide into several more highly desirable 1+ acre view parcels. Additionally, a developer has the possibility to create a luxury subdivision of several estate homes. Much of the intensive groundwork--including architectural plans, civil engineering, grading plans, surveying and environmental investigations--has already been completed, providing remarkable value in both time and financial resources.
The premier uppermost building pad offers unobstructed 360 degree views of mountains, ocean and channel islands with proximity to Los Padres National Forest offering starry night sky views and peaceful surroundings. The picturesque grounds currently feature two identified building pads, hundreds of avocado and macadamia nut trees and a network of private roads and pathways that wind through the natural landscape. It is a world unto itself, yet it remains just minutes from the fine dining, high-end shopping and coastal recreation of the American Riviera.
Rarely does a property of this magnitude and readiness become available in such a highly desirable location. Whether envisioned as a singular sanctuary or a premier residential enclave, this is a definitive opportunity to shape the future of the Santa Barbara community.
E Alamar Avenue, Santa Barbara
Listing courtesy of Compass.