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About this home
Spectacular Coastline, Ocean & Mountain Views overlooking Santa Barbara with beautiful ocean & island views. Enjoy hiking trails, peace, and privacy. The guest house is ready for move-in. Stay or rent it while finishing up the main house's construction. Approx. . Listed Sq. Ft. includes the ADU. Buyers to verify the Sq. Ft. , number of bedrooms, bathrooms, other rooms, etc. .. Golden opportunity for the right buyer. Make it your dream home today!
Single-familyProperty Type
1982Year Built
2.98 acresLot Size
$755Price/Sq.Ft.
Listed by Nga T. Phan•DRE #00973433• Alliance Bay Realty
Spectacular Coastline, Ocean & Mountain Views overlooking Santa Barbara with beautiful ocean & island views. Enjoy hiking trails, peace, and privacy. The guest house is ready for move-in. Stay or rent it while finishing up the main house's construction. Approx.. Listed Sq.Ft. includes the ADU. Buyers to verify the Sq.Ft., number of bedrooms, bathrooms, other rooms, etc... Golden opportunity for the right buyer. Make it your dream home today!
CRMLS #SR23001289
Mar 8, 2024
Sold
$3,500,000
$661/sq ft
Feb 21, 2024
Contingent
—
Jan 5, 2024
Pending
—
Dec 27, 2023
Sold
$3,500,000
$661/sq ft
Nov 20, 2023
Pending
—
Nov 15, 2023
Contingent
—
Oct 27, 2023
Price Changed
$3,280,000
$619/sq ft
Jul 26, 2023
Relisted
—
Jul 21, 2023
Contingent
—
Jul 14, 2023
Relisted
—
Jul 14, 2023
Price Changed
$3,500,000
$661/sq ft
Jul 14, 2023
Contingent
—
Jun 29, 2023
Pending
—
Jun 20, 2023
Contingent
—
Apr 21, 2023
Pending
—
Feb 10, 2023
Contingent
—
Jan 3, 2023
Listed
$2,200,000
$415/sq ft
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.
CRMLS #SR22123740
Dec 10, 2022
Listing Removed
—
Jun 10, 2022
Listed
$2,200,000
$415/sq ft
Public Records
Jun 17, 2022
Sold
$1,789,872
$338/sq ft
SBMLS #21-4217
Mar 24, 2022
Listing Removed
—
Nov 21, 2021
Listed
$2,100,000
$397/sq ft
SBMLS #21-2695
Oct 26, 2021
Listing Removed
—
Oct 4, 2021
Price Changed
$2,295,000
$433/sq ft
Jul 19, 2021
Listed
$2,450,000
$463/sq ft
SBMLS #20-3742
Jul 19, 2021
Listing Removed
—
May 3, 2021
Price Changed
$2,450,000
$463/sq ft
Mar 23, 2021
Listing Removed
—
Sep 22, 2020
Listed
$2,300,000
$434/sq ft
SBMLS #17-2583
May 1, 2020
Listing Removed
—
Mar 6, 2020
Price Changed
$2,249,000
$425/sq ft
Nov 12, 2019
Price Changed
$2,049,000
$387/sq ft
Mar 31, 2019
Listing Removed
—
Apr 13, 2018
Price Changed
$2,495,000
$471/sq ft
Mar 31, 2018
Listing Removed
—
Jan 23, 2018
Price Changed
$1,695,000
$320/sq ft
Jul 30, 2017
Listed
$1,495,000
$282/sq ft
Public Records
May 6, 2016
Sold
$750,000
$142/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$37,684 (+43.7%)
$1,716,660 + $1,924,740
$3,641,400
2024
$26,220 (+98.9%)
$1,683,000 + $1,887,000
$3,570,000
2023
$13,185 (+1.7%)
$1,248,480 + $1,227,672
$2,476,152
2022
$12,959 (+20.8%)
$568,913 + $672,056
$1,240,969
2021
$10,730 (+24.3%)
$557,758 + $658,879
$1,216,637
2020
$8,630 (+1.8%)
$546,822 + $463,411
$1,010,233
2019
$8,480 (+1.4%)
$541,216 + $270,608
$811,824
2018
$8,360 (+3.4%)
$520,200 + $260,100
$780,300
2017
$8,084
$510,000 + $255,000
$765,000
Public record
Public record
Zoning
Beds
1
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
2.98 Acres
Year renovated
1982
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,296
Year built
1982
Style
Single Family Residential
County
Santa Barbara County
APN
153280020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
AG-II-40
Agricultural II Zone
The AG-II zone is applied to areas appropriate for agricultural land uses on prime and non-prime agricultural lands located within the Rural Area as shown on the Comprehensive Plan maps. The intent is to preserve these lands for long-term agricultural use.
Permitted uses
Include but are not limited to:
Equestrian facility
Greenhouse / nursery
Agriculture-Other
Housing-Single unit
Housing-Other
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
3/10 Heat Factor
9 days above 84° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
12 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Santa Barbara, CA • 93105
Average low and high temperatures (°F)
64
44
65
46
68
49
67
48
71
50
76
52
81
56
84
57
79
58
76
53
66
47
66
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Santa Barbara. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3040 Gibraltar Rd
$3,975,639
$24K under list price of $4.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $2.1M to $4.7M.