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3040 Gibraltar Road

$1,695,000

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Unfinished 3800 sqft MAIN HOUSE; and 1150 sqft 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.

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  • 3040 Gibraltar Road
    SANTA BARBARA, California 93105

  • List Price: $1,695,000

  • 3 Bedrooms
  • 3 Full Baths
  • 1 Partial Baths

  • Subdivision: 15 - Las Canoas/El Cielito

  • Elementary School: Cleveland
  • Middle School: S.B. Jr.
  • High School: S.B. Sr.

  • 8 Parking Spots

  • This property is currently listed by Rick Sawyer with Sawyer Real Estate.

3 miles up Gibralter Road from El Cielito. our FOR SALE sign is at the lower gate and is entry for the occupied 2nd home. Do not go on property without Broker or Owner.

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