May 23, 2022 at 7:13pm (EDT)
SOLD | $1.988M
DescriptionAn incredible opportunity beckons from Santa Barbara where 12.3± acres await development into your personal dream estate. The region’s most sought-after AG II zoning designation permits a main and guest house, plus four\* additional individual homes, offices, or outbuildings, all associated with AG use. No offering of this scale or potential exists in the area; it is truly one-of-a-kind. Fertile soil and abundant water only sweeten the property’s prospects: explore beautiful terraces, and the enchanting hot-spring-fed creek that babbles year-round. An offering as rare as this, so buildable in such an ideal location, truly cannot be missed.
Deposit
$100,000 bidder deposit required.
Total
1,364sf | 12.29 acres with AG II Zoning | 3 bedrooms | 2 full bathrooms and 1 half bathroom
Outdoor Features
Serene gardens; Spacious terrace for outdoor entertaining; Towering mature oaks; Much of the parcel is usable/plantable;
Additional Spaces
Unimproved road to ocean view site
Other Amenities
Coveted AG II zoning permits six homes (main house, guest house, four helper homes, barn, etc.) allowing easier development; Abundant water supply including riparian rights, xeriscape, and year-long babbling creek fed by hot springs; Well pumps approx 200GPM
Location
In the renowned Mountain View School District; 3 minutes to Highway 3/Calle Real; Upper State St interchange; 5 minutes to La Cumbre Country Club; 7 minutes to downtown Santa Barbara; 7 minutes to Santa Barbara Airport; 1.5 hours to Los Angeles
Buyer's Premium
0%
Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.
Co-Broker Compensation
2.5%
Compensation will be paid to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property pursuant to Concierge Auctions' Bidder Terms and Conditions.
1585 San Marcos Pass Road, Santa Barbara, California 93105
*All photos showing lot lines are approximate. Zoning permits six homes (main house, guest house, four helper homes, etc). Concierge Auctions, LLC (“Concierge”) is an auctioneer. Concierge’s principal address is 650 Madison Avenue, New York, NY 10022 and its phone number is (212) 202-2940. If required, Concierge (or its representative) is registered, licensed and/or bonded in the state where the property to be auctioned is located.Our registration, licenses and bond information for California is: [Bond #62662376]; [Concierge International Real Estate, Inc.], [License #02137467] [Concierge International Real Estate, Inc. 315 Montgomery St 10th Floor San Francisco, CA 94104], Telephone: (212) 202-2940, Real Estate Broker: [Barbara J Young], [License #00689235]. This property is listed for sale by Sotheby's International Realty Inc, License # 00899496), 9665 Wishire Blvd Ste 400 Beverly Hills, CA 90212, (310) 724-7000 Janet M. Finley, License # DRE NO 01351826, (“Listing Agent”). While Concierge (in certain jurisdictions) and certain Concierge subsidiaries, employees and representatives may possess real estate broker or salesperson licenses in various jurisdictions and may, in some circumstances, perform functions that may be deemed brokerage services, neither Concierge nor its agents, employees and affiliates are acting as a broker in any capacity for any party in connection with this auction. Bidders must seek brokerage services or advice from their own real estate agents or professional advisers. Our brokerage licenses are held solely for compliance purposes to further our auctioneering services. Concierge, the Listing Agent, the seller of the property and their respective agents, employees and affiliates do not represent, warrant or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings or an offer to sell real property. Cooperating brokers are encouraged to participate as set forth in Concierge’s bidder terms and conditions. ©2008 Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Each Sotheby’s International Realty office is independently owned and operated. Neither Sotheby’s, Sotheby’s International Realty Affiliates LLC nor any of their affiliated companies is providing any product or service in connection with this auction event.
