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.
Single-familyProperty Type
2022Year Built
2.98 acresLot Size
$896Est. Price/Sq.Ft.
4 car garageParking
Listed by Melinda Bonene•DRE #01326360• Coldwell Banker Exclusive
Listed by Lou Lollio•DRE #00829436• Lou Lollio
Contact: 818-422-7447
Bought with Jennifer Conklin•DRE #01711183• Allison James Estates & Homes
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
1
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
2.98 Acres
Year renovated
1982
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
Property details
Parking
Parking / Garage Information
Attached Garage
# of Garage Spaces: 4
See Remarks
Has Parking
# of Parking Spaces: 4
Interior
Laundry Information
None
Kitchen Information
Appliances: None
See Remarks
Bathroom Information
# of Baths (Full): 5
# of Baths (1/2): 1
Room Information
See Remarks
Flooring Information
See Remarks
Interior Features
Unfurnished
Levels: Three Or More
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Window Features: Wood Frame Windows
Exterior
Exterior Information
Structure Type: House
Roof: See Remarks
Foundation Information
Foundation Details: See Remarks
Basement: Unfinished Basement
Exterior Features
Patio And Porch Features: See Remarks
Has Patio
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Lot Over 40000 Sqft
Property Information
Total # of Units: 2
Accessibility Features: Other - See Remarks, See Remarks
Common Walls: No Common Walls
Parcel Number: 153280020
Has View
Year Built Source: Builder
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Sewer or Septic - Unknown
None, See Remarks
Water Source: See Remarks
Location
Neighborhood Information
Community Features: Mountainous
School Information
High School District: Other
Location Information
Latitude: 34.46815800
Longitude: -119.67626300
Other Subdivision Name: Santa Barbara: Other (80)
Directions: Must call agent N. or PCH and new construction unpaved rd to Main house dirt rd to Guest House
Subdivision Name: Santa Barbara: Other (80)
Zoning: 40-E-1
Public facts
Beds: 1
Baths: 2.0
Sq. Ft.: 1,296
Stories: —
Lot Size: 2.98 acres
Style: Single Family Residential
Year Built: 1982
Year Renovated: 1982
County: Santa Barbara County
APN: 153280020
Home facts updated by county records on Aug 17, 2026
Other
Listing Information
IDX Contact Info: 818-422-7447
Days Active in MLS: 314
Continuous Days Active in MLS: 497
Listing Agent Information
List Agent First Name: Melinda
List Agent Last Name: Bonini
Co-List Agent First Name: Lou
Co-List Agent Last Name: Lollio
Listing Office Information
List Office Name: Coldwell Banker Exclusive
Co-List Office Name: Lou Lollio
Selling Agent Information
Buyer Agent First Name: Jennifer
Buyer Agent Last Name: Conklin
Selling Office Information
Buyer Office Name: Allison James Estates & Homes
Around this home
Schools
Cleveland Elementary School
Public K-6 • Assigned • 2.8mi
4/10
Santa Barbara Junior High School
Public 7-8 • Assigned • 2.9mi
3/10
Santa Barbara Senior High School
Public 9-12 • Assigned • 2.9mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
79
53
84
57
80
57
76
53
66
47
66
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.7 hours in December, placing it above the
U.S. average for solar exposure.
9.9 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$4.51M – $5.46M
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