427 Pimiento Lane, MONTECITO, CA 93108 (MLS# 22-419)

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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

Overview

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 creat ... (Read more)

Listing Details MLS# 22-419

Location Info

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

Contract Info

Price: 5500000
Buyers Agent $/%: 2.5
Begin Date: 2022-02-14

Status Information

Sold Date: 2022-03-15
Under Contract Date: 2022-02-23

Property Information

TYP: Residential/SFR

Remarks

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

Owner Info

Deposit: 3

More Information

Neighborhood/Schools

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

Miscellaneous

Buildable: Yes

View

Mountain(s): Yes

Location/Topo

Rolly: Yes
Combo: Yes

Site Improvements

Easement: Yes

Proximity

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

Water/Sewer

Mont Wtr: Yes

Zoning

R-1: Yes

Reports Available

Prelim: Yes
NHD: Yes

Terms

Cash: Yes

Listing Type

ER: Yes

Pub Listing Details

None: Yes

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

Last Updated: September - 16 - 2024

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