4078 sqft MAIN HOUSE; and 1150 sqft Additional Dwelling Unit (ADU) on 3 acres. Panoramic Ocean & Island & Harbor Views overlooking the Montecito & Santa Barbara Coast. Remodel of Larger house in process now. Seller has a $2.8M lender's Appraisal when finished. Seller can finish the project with Buyer's choice of amenities & landscaping. Additional location on property for a large Barn or multi car garage, workshop or studio. Owner will sell a 50% Ownership interest in property with one of the houses for $950K. Call for Details --Seller financing terms are possible. Call Broker for plans, tour and details.