On Thursday, May 16, 2024, at 9:00 a.m. at the Santa Barbara Superior Court, Anacapa Division, Dept. 5, located at 1100 Anacapa Street, Santa Barbara, CA 93121, this property will be sold by way of a public confirmation and overbid hearing.
The opening bid will be $4,330,000, with successive bid increments of $10,000. At least 2 business days before the hearing, bidders must prequalify by: (1) signing the rules for confirmation and overbid hearing; (2) providing proof of funds as to the bidder's highest bid; and (3) providing a $250,000 deposit via cashier's check, wire transfer, or ACH. All unsuccessful bidders will receive their $250,000 deposits back following the hearing. Prequalified bidders may appear in person or remotely via zoom.
3.19+- AC flat parcel with existing home. Situated on one of the most prestigious streets in Santa Barbara lies an incredible opportunity to develop a 3.19+- acre flat parcel with existing Midcentury Home. The momentum on Sea Cliff is undeniable as a sought after estate location with many notable multi-million dollar estates and several in development.
This premier street is positioned above the cliffs overlooking the Pacific Coastline, Channel Islands and Hendry's Beach with views of the majestic Santa Ynez Mountains. Sea Cliff offers tremendous privacy with no through traffic and convenience to all that Santa Barbara has to offer. Save valuable time building with available plans to split lot into 3 one acre parcels and full grading plans.
Discover this remarkable 3.19+- acre flat parcel of building and development potential. The expansive lot is street to street and ideally situated with mountain views and possibility for ocean, island and sunset views. Situated on one corner of the property sits a charming 1,900+- sf Midcentury home built in the 1966 that is well proportioned and solidly built. Gather with friends and family in the enclosed backyard anchored by a stately heirloom avocado tree. Easy to update, offer for lease or live in while building your dream home or development.
Properties with this much land, on a highly desirable street with the potential for a lot split are truly rare in the Santa Barbara area. An extraordinary opportunity to create your own exclusive family compound, trophy estate, private retreat or three home development - you decide!
Conveniently located in a premier location on a private street but minutes to world renowned beaches, parks, hiking, shopping, Santa Barbara and Montecito.
Property details provided by seller or others. Buyer to verify.
