1060 Faraday Street, SANTA YNEZ, CA 93460
$1,550,000
Property Type:
Comm/Ofc
Lot Size (sq. ft.):
14,810
Status:
Closed
Current Price:
$1,550,000
List Date:
5/03/2023
Last Modified:
5/03/2023
Description
Residential/Commercial mixed use property in beautiful Santa Barbara wine country. Prime location in the charming town of Santa Ynez with its beautiful landscapes, numerous boutiques, stellar restaurant scene, and nearby wineries.
This flat, .34 acre property is zoned C-2 for a wide variety of uses including ''Lodging - Short-term rental''.
An existing ~ 2,000 sq. ft. structure houses two commercial spaces, each with their own private bathroom, on the ground level. Upstairs is a two bedroom, one bath apartment with rear deck showcasing stunning valley and mountain views. The other half of the property is currently rented out as a storage yard with a small office.
This is a unique opportunity to further develop an in-town property into its highest and best use!
More Information MLS# 22-1010
Location Info
District: 50 - SANTA YNEZ
Street #: 1060
Street Name: Faraday
Street Suffix: Street
State/Province: CA
Postal Code: 93460
Compass Map: Santa Ynez
Map Grid: R16
County: Santa Barbara
Parcel Number: 143-220-026
Cross Street: Numancia St
Contract Info
Current Price: $1,550,000
Price: 1695000
Buyers Agent $/%: 2.5
Begin Date: 2022-04-04
Status: Closed
Property Information
TYP: Commercial
For Sale/Lease: For Sale
Year Built: 1973
#Offices: 2
Apx Lot SqFt: 14810
Apx # Acres: 0.34
Owner Info
Deposit: 3
Remarks
Directions: Mission Drive (246), turn north on Edison Street towards the town of Santa Ynez, right on Numancia Street, turns into Faraday Street.
Hot Sheet Comment: price
Status Change Info
Sold Date: 2023-05-03
Sold Price: $1,550,000
Under Contract Date: 2023-04-17
Property Features
Zoning: C-2
Heating/Cooling: GFA
1031 Exchange: Yes
Terms: Ctnl
Listing Type: ER
Documents
Listing Office: Compass
Last Updated: May - 03 - 2023
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