3040 Gibraltar Road :: Santa Barbara

Listing Agents:
Rick Sawyer
 (805) 680-7425

Kathy Sawyer
 (805) 451-1642
DRE #: 00936603
List Price:



Santa Barbara

Bedrooms: 3 Bathrooms: 3
Property Description: MLS # 17-2583

Unfinished 3,800 Sq.Ft. MAIN HOUSE; and 1,150 Sq.Ft. Additional Dwelling Unit - all on 3.5 acres. Panoramic Ocean & Island & Harbor Views overlooking the Montecito & Santa Barbara Coast. The cost to complete the houses is about $650,000. Seller has a $2.8M lender's Appraisal for the finished project. The Seller (local builder) has submitted changes to the existing county permits, and could finish the project, depending on Buyer's choice of amenities, finishes & landscaping. There's room for a large 6 car garage / workshop on the property. Using the current Owner / Builder is not required for the sale, so the new owner could finish the project themselves or hire a separate contractor. Some creative financial terms, possible seller carry back. Call Broker for plans, tour and details.