Skip To Content

3040 Gibraltar Road

Santa Barbara, CA 93105
  • $2,200,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: SR23001289
Foreclosure
UPDATED: 62 min ago
$2,200,000
  • 6
    BEDS
  • 2.98
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 5,296
    SQFT
  • $415
    $/SQFT
Type:
Single-Family Home
Built:
2022
County:

School Ratings & Info

School District:
Listing Agent(s): Melinda Bonini of Coldwell Banker Exclusive (818-360-3430) and Lou Lollio of Lou Lollio(310-293-9860)


Description

Just out of foreclosure. REO. Lender owned. New Construction not completed on the main Estate Home (approximately 4300 sq. ft per builder). Main Home is 5 BR / 4.5 BA per seller. The guest house is fenced and has construction containers on the property, also is a fixer 1 + 1 and built in 1982 and is 1,296 sq. feet. per tax assessor. Guest house is now available. One of the highest Homes in the Hills with STUNNING OCEAN VIEWS OF SANTA BARBARA, THE COASTLINE, HARBOR AND CITY LIGHTS! 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 Cost Breakdowns and estimates to complete the project and the Builder would love to help complete it. Main house 2 car garage to be built and there's parking for 4 additional cars. Guest house parking driveway can also fit up to 4 cars.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-02-02T22:29:46.677. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Bill Ruane RE/MAX Estate Properties. Licensed in the State of California, USA.
www.billruane.com/homes/135733182
Print Image

3040 Gibraltar Road Santa Barbara, CA 93105

  • Price: $2,200,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 62 min ago
  • ID#: SR23001289
6
Beds
5
Baths
1
½ Baths
2.98
Acres
5,296
SQFT
$415
$/SQFT
2022
Built
Neighborhood:
Santa Barbara: Other (80)
County:
Santa Barbara
Area:
VC81 - Santa Barbara
School District:
Other
Property Description
Just out of foreclosure. REO. Lender owned. New Construction not completed on the main Estate Home (approximately 4300 sq. ft per builder). Main Home is 5 BR / 4.5 BA per seller. The guest house is fenced and has construction containers on the property, also is a fixer 1 + 1 and built in 1982 and is 1,296 sq. feet. per tax assessor. Guest house is now available. One of the highest Homes in the Hills with STUNNING OCEAN VIEWS OF SANTA BARBARA, THE COASTLINE, HARBOR AND CITY LIGHTS! 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 Cost Breakdowns and estimates to complete the project and the Builder would love to help complete it. Main house 2 car garage to be built and there's parking for 4 additional cars. Guest house parking driveway can also fit up to 4 cars.
Exterior Features

Architectural Style Other Attached Garage YN Yes Foundation Details See Remarks Lot Features Lot Over 40000 Sqft Parking Features See Remarks Parking Total 2 Patio And Porch Features See Remarks Pool Features None Pool Private YN No Property Attached YN No Roof See Remarks View City LightsCoastlineHarborMountain(S)Ocean View YN Yes

Interior Features

Accessibility Features OtherSee Remarks Basement Unfinished Basement YN Yes Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring See Remarks Heating None Heating YN No Interior Features Unfurnished Main Level Bathrooms 2 Main Level Bedrooms 2 Window Features Wood Frames

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Mountainous Garage YN Yes Land Lease YN No Laundry Features None Lease Considered YN No Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan New Construction YN Yes Property Sub Type Single Family Residence Senior Community YN No Sewer Unknown Special Listing Conditions Real Estate Owned Structure Type House Utilities NoneSee Remarks Water Source See Remarks Zoning 40-E-1



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-02-02T22:29:46.677. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Bill Ruane RE/MAX Estate Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_370760867-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_370760867-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_370760867-1.jpg
Logo
Bill Ruane RE/MAX Estate Properties
402 Main Street
El Segundo CA, 90245
Listing Agent(s): Melinda Bonini of Coldwell Banker Exclusive (818-360-3430) and Lou Lollio of Lou Lollio(310-293-9860)