Here is a real estate development project of an oceanfront land in Santa Barbara,California.This 264.49 acres has been called several names:, The Jewel of the West ,The Jewel of The Pacific, The Jewel of California and has been ranked as one of the 4 most beautiful lands in USA..The following brief financial study of the property along with its pictures would give the investor a clear idea about this golden opportunity.IMPORTANT: This Pacific Oceanfront piece of land was appraised in 2007 at $106 million and the appraisal has been sent to you in a previous email..Size of the land: 264.49 acresZoned for : 70 homesLocation : Pacific Oceanfront In Santa Barbara-CaliforniaAsking Price : $50MillionIntro : It is known as one of the 4 most beautiful pieces of land In United StateAppraised At : $ 106 millionNote: It is made up of legally subdivided 6 lots yet physically it is one single lot.Although the requirement in that location is 30% of the size of this land can be a buildable area being 80 acres yet the county compelled by the environmentalists to allow only 15 % being 40 acres
Listing Courtesy of RE/MAX OLYMPIC, Savannah MLS
features
lot description
Beach, Ocean, Ocean Front, Beach Front
PROPERTY INFORMATION
Community Info
Biking, Fishing, Hiking, Street Lights
Sewer
Public Sewer
View
Ocean
Water
Public
Waterfront
Beach Access, Beach Front, Ocean Access, Ocean Front