Santa Barbara, CA 93105,3040 Gibraltar RD
Santa Barbara, CA 93105,3040 Gibraltar RD
Santa Barbara, CA 93105,3040 Gibraltar RD
Santa Barbara, CA 93105,3040 Gibraltar RD
Santa Barbara, CA 93105,3040 Gibraltar RD
Santa Barbara, CA 93105,3040 Gibraltar RD
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$3,500,000

$3,280,000

6.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

6 Baths

5,296 SqFt


SOLD DATE : 03/08/2024

Key Details

Sold Price $3,500,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 5,296 sqft

Price per Sqft $660

Subdivision Santa Barbara: Other (80)

MLS Listing ID SR23001289

Sold Date 03/08/24

Bedrooms 6

Full Baths 5

Half Baths 1

HOA Y/N No

Year Built 2022

Lot Size 2.980 Acres

Property Description

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.

Location

State CA

County Santa Barbara

Area Vc81 - Santa Barbara

Zoning 40-E-1

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Interior Features See Remarks, Unfurnished

Heating None

Cooling None

Flooring See Remarks

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage See Remarks

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Mountainous

Utilities Available None, See Remarks

View Y/N Yes

View City Lights, Coastline, Harbor, Mountain(s), Ocean

Roof Type See Remarks

Accessibility Other, See Remarks

Porch See Remarks

Parking Type See Remarks

Attached Garage Yes

Total Parking Spaces 4

Private Pool No

Building

Lot Description Lot Over 40000 Sqft

Story Three Or More

Entry Level Three Or More

Foundation See Remarks

Sewer Unknown

Water See Remarks

Architectural Style See Remarks

Level or Stories Three Or More

New Construction Yes

Schools

School District Other

Others

Senior Community No

Tax ID 153280020

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Real Estate Owned

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California Regional MLS (CRMLS)
Listed by Melinda Bonini • Coldwell Banker Exclusive • 818-422-7447
Bought with Jennifer Conklin • Allison James Estates & Homes
agent-avatar

+1(818) 645-0845

cyrene@cyreneproperties.com

15910 Ventura Blvd. Suite 101 Encino CA 91436, Encino, CA, 91436, USA

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