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525 Hot Springs Road, MONTECITO, CA 93108

$5,100,000
Property Type: Land Lot Size (sq. ft.): 87,120 Status: Closed
Current Price: $5,100,000 List Date: 4/30/2021 Last Modified: 9/16/2024

Description

Dream big in Montecito's Golden Quadrangle! This 2-acre mountain view parcel offers an incredible opportunity to build the estate you've always wanted. Valuable approved/permitted true Santa Barbara style plans designed by Becker, Henson, Niksto (4bd, apx 6000 sq ft residence + pool, cabana and workshop) allow you to begin construction right away & avoid the lengthy 2+year design/approval process. Mature trees, mountain views, a level lot, and an A+ location create a beautiful environment to support the residence. Site prep done by DD Ford is of the highest quality. Just minutes away from many legacy estates, the Upper & Lower Villages, Butterfly Beach, Montecito Union School and some of Santa Barbara's best hiking trails, this is an ideal location for your version of the California Dream!

More Information MLS# 21-1555

Location Info

Country: US Compass Map: Santa Barbara Map Grid: S11 Cross Street: East Valley Road District: 10 - MONTECITO Street #: 525 Street Name: Hot Springs Street Suffix: Road State: CA Postal Code: 93108 County: Santa Barbara Parcel Number: 011-171-025

Contract Info

Buyers Agent $/%: 2.5 Current Price: $5,100,000 Price: 5750000 Begin Date: 2021-04-30 Status: Closed

Property Information

Apx Lot SqFt: 87120 Apx # Acres: 2.01 Apx Lot Size FxD: 175 x 458 x 175 x 478 TYP: Residential/SFR

Neighborhood/Schools

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

Owner Info

Deposit: 3

Remarks

COVID Showing Remarks: Masks required. Hot Sheet Comment: new Directions: Hot Springs Rd to East Valley Rd. Continue through intersection, property on left, third driveway from corner.

Miscellaneous

Buildable: 1

View

Mountain(s): 1 Setting: 1

Location/Topo

Level: 1

Proximity

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

Utility Info

Electric: 1 Water: 1 Sewer: 1

Water/Sewer

Mont Wtr: 1 Meter In: 1 Sewer Hookup: 1

Zoning

E-1: 1

Reports Available

Prelim: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Status Information

Sold Date: 2022-08-24 Sold Price: $5,100,000 Under Contract Date: 2022-08-10

Property Features

Miscellaneous: Buildable Utility Info: Electric; Water View: Mountain(s); Setting Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping Reports Available: Prelim Zoning: E-1 Terms: Cash; Conventional Listing Type: ER
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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