117 S I

Lompoc, CA 93436

$339,000
Price
8,712 / 0.2
Lot Size / Acres
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Description

Prime 0.40-Acre Empty land Development Opportunity in Historic Old Town Lompoc at I Street Includes Two Parcels. Discover a rare investment opportunity in the heart of Old Town Lompoc, Santa Barbara County. This flat, build-ready 0.40-acre land consists of two adjoining parcels (APNs 091-103-021 & 091-103-022) and offers exceptional development potential in a rapidly revitalizing area. Preliminary evaluation indicates the site could accommodate some commercial space and approximately 48 residential...Prime 0.40-Acre Empty land Development Opportunity in Historic Old Town Lompoc at I Street Includes Two Parcels. Discover a rare investment opportunity in the heart of Old Town Lompoc, Santa Barbara County. This flat, build-ready 0.40-acre land consists of two adjoining parcels (APNs 091-103-021 & 091-103-022) and offers exceptional development potential in a rapidly revitalizing area. Preliminary evaluation indicates the site could accommodate some commercial space and approximately 48 residential units, including 7 affordable units for low-income housing when considering AB 2001 Bill as well as density bonus incentives. No parking is required under these provisions, making this a highly versatile opportunity for developers looking to bring new residential and retail vitality to the downtown corridor. All information should be confirmed with the City of Lompoc and independently verified by the buyer. This land also carries rich historic significance. In 1875, it was home to the iconic Sherman Hotel, later known as the Colonial Inn, built by Lompocs first postmaster. Over the years, it held several namesincluding the Veit House, Cousins Hotel, and Mastro's Colony Housebefore its demolition in 1989. Today, the site stands ready for a new chapter, offering a unique opportunity to revitalize a meaningful piece of Lompocs past. With its central location, flat topography, and flexible development possibilities, this property is ideal for a thoughtfully designed residential or mixed-use project. Bring your vision to a site where history, community, and opportunity come together.
  1. Listed by Steven Sarahang • DRE #01386940 • Brokerage DRE #01503074 • Flat Fee Inc.
    P: (818)-402-4266 steven4realestate@yahoo.com

Property Details for 117 South I

Community
South West Lmpc(54)
Area Zip
LOMPOC (93436)
Standard Status
Active
LISTING UPDATED: 12/22/2025 04:18 PM

Property Details for 117 South I

StatusActive
MLS #SR25277552
Days on Market200
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLot/Land / Lots/Land
Year Built-
Lot Size0.20 AC
CountySanta Barbara County
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Location

Listing Courtesy of Flat Fee Inc., Steven Sarahang, DRE #01386940
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Building Information for 117 South I

Lot Size0.20 AC

Payment Calculator

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$1,689 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,689

Property Taxes

$0

HOA Dues

$0

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Property Information for 117 South I

Summary
Location and General Information
  • Coordinates: -120.4579009, 34.6391501
  • Latitude: 34.6391501
  • Longitude: -120.4579009
  • Directions: From Highway 246, make a left on I St. Property on Right
Taxes and HOA
  • Association Fee: $0
  • CFD Mello Roos Fee Reflct: Year
  • CFD Mello Roos Fee: $0
Property
Lot Information
  • Building Area Total: 0.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.2
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Lot Size: 7,500-10,889 SF
Property and Assessments
  • Current Use: Commercial
  • Parcel Number: 091103021
  • Property Sub Type: Lots/Land
  • Property Type: Land
  • Site: Curbs, Sidewalks
  • Year Built: 0
Utilities
  • Sewer: Other/Remarks
  • Utilities: Other/Remarks
Interior and Exterior Features
Interior Features
  • Bathrooms Half: 0
  • Bedrooms Count: 0
  • Baths Total: 0.0
Agent
Showing and Remarks
  • Supplement Remarks: Prime 0.40-Acre Empty land Development Opportunity in Historic Old Town Lompoc at I Street Includes Two Parcels. Discover a rare investment opportunity in the heart of Old Town Lompoc, Santa Barbara County. This flat, build-ready 0.40-acre land consists of two adjoining parcels (APNs 091-103-021 & 091-103-022) and offers exceptional development potential in a rapidly revitalizing area. Preliminary evaluation indicates the site could accommodate some commercial space and approximately 48 residential units, including 7 affordable units for low-income housing when considering AB 2001 Bill as well as density bonus incentives. No parking is required under these provisions, making this a highly versatile opportunity for developers looking to bring new residential and retail vitality to the downtown corridor. All information should be confirmed with the City of Lompoc and independently verified by the buyer. This land also carries rich historic significance. In 1875, it was home to the iconic Sherman Hotel, later known as the Colonial Inn, built by Lompocs first postmaster. Over the years, it held several namesincluding the Veit House, Cousins Hotel, and Mastro's Colony Housebefore its demolition in 1989. Today, the site stands ready for a new chapter, offering a unique opportunity to revitalize a meaningful piece of Lompocs past. With its central location, flat topography, and flexible development possibilities, this property is ideal for a thoughtfully designed residential or mixed-use project. Bring your vision to a site where history, community, and opportunity come together.

Property History for 117 South I

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Listed (Active)

SDMLS #SR25277552

$349,999—
Feb 8, 2022

Sold

SDMLS #SC21240866

$215,000—
Jan 15, 2022

Pending

SDMLS #SC21240866

—
DateEvent & SourcePrice
12/17/2025

Listed (Active)

SDMLS #SR25277552

$349,999
02/08/2022

Sold

SDMLS #SC21240866

$215,000
01/15/2022

Pending

SDMLS #SC21240866

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 117 South I

This home is within Lompoc Unified School District.
Rating
School
Type
Grades
Distance
Arthur Hapgood Elementary School
Public - K to 6
Lompoc Valley Middle School
Public - 7 to 8
Lompoc High School
Public - 9 to 12
Dr Bob Forinash Community Day
Public - 7 to 12
Rating
School
Distance
Arthur Hapgood Elementary School
PublicK to 6

Lompoc Valley Middle School
Public7 to 8

Lompoc High School
Public9 to 12

Dr Bob Forinash Community Day
Public7 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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More information about 117 South I, Lompoc, CA 93436

117 South I is a 0.2 ac of land for sale in Lompoc, CA 93436. This property was listed for sale on December 17, 2025 by Flat Fee Inc., it's currently listed at $339,000. It has been on the market for a total of 200 days and was last sold on February 8, 2022. This listing's school district is Lompoc Unified School District. Nearby schools include Arthur Hapgood Elementary School, Lompoc Valley Middle School and Lompoc High School. 117 South I is a 0-bed, 0-bath, 0.2 ac of land on a 8,712 sq. ft. / 0.2 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Flat Fee Inc., Steven Sarahang, DRE #01386940

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS and North Santa Barbara County Regional 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 and North Santa Barbara County Regional 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.