3800 sqft MAIN HOUSE; and 1150 sqft Additional Dwelling Unit (ADU) on 3.5 ac. Panoramic Ocean & Island & Harbor Views overlooking the Montecito & Santa Barbara Coast. Remodel of structures in process now. Seller has a $2.8M lender's Appraisal when finished. , Seller can finish the project with Buyer's choice of amenities, finishes & landscaping. There's room for an additional large 5 car garage or workshop on the property. Some creative financing terms are possible - seller carry back. Call Broker for plans, tour and details.