
Description
This property offers a developer the chance to acquire a well-defined project with significant, pre-negotiated fee waivers and a resolved airport land use conflict. While it requires re-entitlement, the extensive project history and existing agreements provide a clear and de-risked roadmap for bringing 32 new homes to the attractive Orcutt market. KEY FINANCIAL ADVANTAGES & REDUCED FEES
• No School Fees for OUSD: A recorded settlement agreement with the Orcutt Union School District means a...SUMMARY
This property offers a developer the chance to acquire a well-defined project with significant, pre-negotiated fee waivers and a resolved airport land use conflict. While it requires re-entitlement, the extensive project history and existing agreements provide a clear and de-risked roadmap for bringing 32 new homes to the attractive Orcutt market. KEY FINANCIAL ADVANTAGES & REDUCED FEES
• No School Fees for OUSD: A recorded settlement agreement with the Orcutt Union School District means a future developer will not have to pay school impact fees to the OUSD. This represents a considerable savings, as the current OUSD residential development fee is $3.69 per square foot as of June 2024, a potential savings of $160,000. This represents a considerable savings, as the current OUSD residential development fee is $3.69 per square foot as of June 2024, a potential savings of $160,000 • No Quimby/Park Fees: A settlement with Santa Barbara County states that Quimby/Park fees, currently $5,344 per single-family dwelling, will not be required as the map has already been recorded. This amounts to a potential savings of over $171,000. This amounts to a potential savings of over $171,000 • No Affordable Housing In-Lieu Fees: The same settlement agreement with the county determined that no affordable housing mitigation would be required for the project, representing another significant potential cost reduction. • No Affordable Housing In-Lieu Fees: The same settlement agreement with the county determined that no affordable housing mitigation would be required for the project, representing another significant potential cost reduction • HOA Agreement in Place: A mediated settlement with the Northpoint Homeowner's Association (HOA) clarifies that this phase is not required to join the existing HOA but will contribute to shared road and drainage basin maintenance. This agreement provides a clear framework for managing shared infrastructure costs and mitigates potential disputes with the existing association. DEVELOPMENT & ENTITLEMENT STATUS
• Expired but Clear Path Forward: While the previous Development Plan for the 32 units expired in 2018, the path to re-entitle the project is straightforward. The buyer will need to undergo a new Development Plan application consistent with the prior approvals. The buyer will need to undergo a new Development Plan application consistent with the prior approvals • Favorable Airport Safety Zone Update: A 2023 revision to the Airport Land Use Compatibility Plan (ALUCP) has removed a "no build corridor" that previously conflicted with 15 of the lots, eliminating a significant past obstacle to development. Streamlining Potential: The site may qualify for the permit streamlining provisions of SB 35, as it is in an urban area with 75% of its perimeter already developed.
- Listed by Jason Hart • DRE #01334694 • Brokerage DRE #01334694 • Hart Commercial Real Estate • Jason@HartCRE.com
Property Details for 0 Northpoint Circle
Property Details for 0 Northpoint Circle
| Status | Active |
|---|---|
| MLS # | PI25134425 |
| Days on Market | 195 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land Lot |
| Year Built | - |
| Lot Size | 3.99 AC |
| County | Santa Barbara County |
Location
Building Information for 0 Northpoint Circle
Payment Calculator
$8,400 per month
30 year fixed, 6.28% Interest
$8,400
$0
$0
Property Information for 0 Northpoint Circle
- Tax Tract Number: 12414
- Tax Lot: 116
- Community Features: Suburban
- View Description: Hills
- Distance To Water: 0
- Distance To Sewer: 0
- Distance To Electric: 0
- Distance To Gas: 0
- Distance To Phone Service: 0
- Distance To Street: 0
- Additional Parcels Description: 107560001:002
- Lot Features: 6-10 Units/Acre
- Land Lease: No
- Land Lease Type: Fee
- Water: See Remarks
- Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Electric: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Water Source: See Remarks
- Carport Spaces: 0
- Builders Tract Name: Orcutt West
- Builders Tract Code: Orcutt West(880)
Property History for 0 Northpoint Circle
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 9, 2025 | Price Change CLAW #PI25134425MR | $1,700,000 | — |
| Sep 9, 2025 | Price Change CRMLS #PI25134425 | $1,700,000 | — |
| Jun 16, 2025 | Listed (Active) CLAW #PI25134425MR | $1,920,000 | — |
| Jun 16, 2025 | Listed (Active) CRMLS #PI25134425 | $1,920,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/09/2025 | Price Change CLAW #PI25134425MR | $1,700,000 |
| 09/09/2025 | Price Change CRMLS #PI25134425 | $1,700,000 |
| 06/16/2025 | Listed (Active) CLAW #PI25134425MR | $1,920,000 |
| 06/16/2025 | Listed (Active) CRMLS #PI25134425 | $1,920,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 0 Northpoint Circle
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Patterson Road Elementary School PublicK to 6 | ||
Lakeview Junior High School Public7 to 8 | ||
Ernest Righetti High School Public9 to 12 | ||
Delta High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Hart Commercial Real Estate, Jason Hart, DRE #01334694
Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
