698 E Mountain, Santa Barbara, California 93103

$68,000,000
List Price
$68,000,000
Status
ACTIVE
MLS#
22-139
Price Change
▼ $10,000,000 1655866004
Region
MONTECITO

Property Description

Formally known as Mar Y Cel and locally known as the Montecito Tea Gardens. Eighteen legal parcels on over 331 acres make this an unprecedented offering in one of the most sought-after estate locations in Montecito. Originally purchased for its abundance of water; this rare land spans foothills and mountainsides, providing incredible privacy and unparalleled ocean and mountain views from most every parcel. This is a rare opportunity for a buyer wanting either an exclusive family compound, a community of private world-class estates, or a variation of both. All eighteen parcels have certificates of compliance, many of which have lovely building sites and are ready to begin the design and permitting process. A development prospectus is available.

Additional Information

Elementary School
Mont Union
Middle School
S.B. Jr.
High School
S.B. Sr.
Acres
331
Region
MONTECITO
View
City, Mountain, Ocean, Panoramic
Zoning
Other

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty.