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0 Isla Vista Land, GOLETA, CA 93117

$3,950,000
Property Type: Land Lot Size (sq. ft.): 35,719 Status: Closed
Current Price: $3,950,000 List Date: 4/18/2023 Last Modified: 4/24/2025

Description

Situated in the heart of the high density student community of Isla Vista, this site presents a unique opportunity to acquire one of the last vacant lots in the area with zoning that allows a developer to build into a supply constrained housing market with extremely high rental demand. The site consists of a ±35,719 SF lot with SR-H-20 (20 Units/Acre) zoning plus State Bonus Density allowable. Buyer to investigate development potential. The site is easily accessible and walkable to the UCSB Campus and nearby neighborhood amenities. The property is being offered to the market as raw, unentitled land and will not be sold subject to entitlements and permits. Please contact Listing Agents for further details.

More Information MLS# 23-1014

Location Info

Country: US Compass Map: Santa Barbara Map Grid: E12 Cross Street: Picasso Rd District: 35 - SB/GOL NORTH Street Name: Isla Vista Land State: CA Postal Code: 93117 County: Santa Barbara Parcel Number: 075-020-007

Contract Info

Buyers Agent $/%: 2.5 Current Price: $3,950,000 Price: 3950000 Begin Date: 2023-04-18 Status: Closed

Property Information

Apx Lot SqFt: 35719 TYP: Res Multi-Unit

Neighborhood/Schools

Elementary School: Other Junior High School: Gol Valley High School: Dos Pueblos

Owner Info

Deposit: 118500

Remarks

Hot Sheet Comment: new

Zoning

SR: 1 Other: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Status Information

Sold Date: 2023-10-13 Sold Price: $3,950,000 Under Contract Date: 2023-04-27

Property Features

Zoning: SR; Other Terms: Cash; Conventional Listing Type: ER

Documents

Listing Office: Radius Group Commercial R.E.
IDX
Last Updated: April - 24 - 2025
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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