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427 Pimiento Lane, MONTECITO, CA 93108

$6,000,000
Property Type: Land Status: Closed
Current Price: $6,000,000 List Date: 2/15/2022 Last Modified: 9/16/2024

Description

Let your imagination transport you to explore the endless opportunities that are possible with this 2 parcel lot in the heart of Montecito. As you travel down the long driveway set off this private lane, you are surprised to enter a country-like setting, adorned with mature trees. An original 3 bed/2 bath Cottage build in 1941 resides on the upper parcel (.61 acres), awaiting to be reimagined - while the gently rolling (1.12 acres) of the lower parcel presents multiple possibilities for transformation.

Supplements: This unique property offers a culmination of privacy and tranquility in an A+ location only a few blocks away from the amenities of the Upper Village and MUS, while convenient to the beaches and the Lower Village. Whether you are considering a remodel, building an original estate, adding an ADU/guesthouse - 427 Pimiento is the ideal canvas to create your own piece of paradise. A Survey of Record is currently being reviewed at the County and a Certificate of Compliance has been recorded for the vacant land parcel. This lot contains 2 parcels - APN: 009-060-030 (.61 acres with Cottage) & APN: 009-060-029 (Land)

More Information MLS# 22-419

Location Info

Country: US Compass Map: Santa Barbara Thos. Bros. Map: 511 Map Grid: S11 Cross Street: School House Road District: 10 - MONTECITO Street #: 427 Street Name: Pimiento Street Suffix: Lane State: CA Postal Code: 93108 County: Santa Barbara Parcel Number: 009-060-030

Contract Info

Buyers Agent $/%: 2.5 Current Price: $6,000,000 Price: 5500000 Begin Date: 2022-02-14 Status: Closed

Neighborhood/Schools

Elementary School: Mont Union Junior High School: S.B. Jr. High School: S.B. Sr.

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new Directions: Take Hot Springs Rd to School House Rd and then turn left onto Pimiento Lane. Driveway on left side of street. No sign.

Miscellaneous

Buildable: 1

View

Mountain(s): 1

Location/Topo

Rolly: 1 Combo: 1

Site Improvements

Easement: 1

Proximity

Near Bus: 1 Near Ocean: 1 Near Park(s): 1 Near School(s): 1 Near Shopping: 1

Water/Sewer

Mont Wtr: 1

Zoning

R-1: 1

Reports Available

Prelim: 1 NHD: 1

Terms

Cash: 1

Listing Type

ER: 1

Pub Listing Details

None: 1

Status Information

Sold Date: 2022-03-15 Sold Price: $6,000,000 Under Contract Date: 2022-02-23

Property Information

TYP: Residential/SFR

Property Features

Miscellaneous: Buildable View: Mountain(s) Site Improvements: Easement Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping Reports Available: Prelim; NHD Zoning: R-1 Terms: Cash Listing Type: ER Pub Listing Details: None
Listing Office: Village Properties
IDX
Last Updated: September - 16 - 2024
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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