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Property view

3040 Gibraltar Road, 
Santa Barbara, CA 93105

$3,500,000

6

Beds

6

Baths

5,296

Sq Ft

Single Family

Sold

Listed by

Melinda Bonini

, 

Lou Lollio

Bought with Allison James Estates & Homes

Coldwell Banker Exclusive
, 

Lou Lollio

818-360-3430

MLS#

SR23001289

Source:

CRMLS

Company Logo

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About This Home

3040 Gibraltar Road

REO Foreclosure Builder Investor Fix and Flip with income property potential. Live in or Rent out Guest House while finishing Construction. Incomplete new construction builder states approximately 80% completed. Main Estate house 4 BR 4.5 BA 4078 Sq ft. + 400 sq ft. Observation deck, according to the plans. Guest House built in 1982, 1BR and Loft and 2 BA 1151 Sq ft, with a laundry room according to the plans and is move in ready. Each has 4+ car parking. One of the highest homes in the hills with STUNNING OCEAN VIEWS OF SANTA BARBARA, THE COASTLINE, HARBOR AND CITY LIGHTS, CHANNEL ISLANDS, etc. This is a once in a lifetime opportunity for the right buyer. The Builder ran out of money during Covid restrictions and could not complete the buildout. Bring your builder or we have a builder who would love to complete the buildout. We have cost breakdowns and estimates available. Main house has 2 car garage to be finished in the construction.

Home Facts

Single Family

6 Baths

6 Bedrooms

Built in 2022

Price Summary

3,280,000

$619 per Sq. Ft.

MLS #:

SR23001289

Sold:

March 8, 2024

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

5

Interior

Living Area:

5,296 Sq. Ft.

Structure

Structure

Building Area:

5,296 Sq. Ft.

Year Built:

2022

Lot

Lot Size (Sq. Ft):

129,808

Finances & Disclosures

Finances

Price:

$3,280,000

Price per Sq. Ft:

$619 per Sq. Ft.

Source:CRMLS
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