117 S I St

8,712 / 0.2
Lot Size / Acres

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 Lompoc’s first postmaster. Over the years, it held several names—including the Veit House, Cousin’s Hotel, and Mastro's Colony House—before its demolition in 1989. Today, the site stands ready for a new chapter, offering a unique opportunity to revitalize a meaningful piece of Lompoc’s 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 Details for 117 South I Street

View
Mountain(s)
Lot Size Source
Assessor
Assessor Parcel Number
091-103-021
New Construction
No
Pool
No
View
Yes
View
Yes
Association
No
LISTING UPDATED: 12/22/2025 03:26 AM

Property Details for 117 South I Street

StatusActive
MLS #SR25277552
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.20 AC
CountySanta Barbara County

Location

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

Building Information for 117 South I Street

Lot Size0.20 AC

Payment Calculator

$1,652 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,652

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117 South I Street

Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Distance To
  • Distance To Water: 20
Land/Lot Info
  • Sign on Property: No
  • Additional Parcels Description: 091-103-022
  • Lot Features: Level
  • Current Use: Commercial, Multi-Family
  • Possible Use: Commercial, Investment, Multi-Family, See Remarks
  • Possible Use Comments: Mix Units
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Utilities: See Remarks
  • Electric: See Remarks
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: South West Lmpc
  • Builders Tract Code: South West Lmpc(54)

Property History for 117 South I Street

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Price Change

CLAW #SR25277552MR

$339,000
Dec 17, 2025

Price Change

CRMLS #SR25277552

$339,000
Dec 17, 2025

Listed (Active)

CLAW #SR25277552MR

$349,999
Dec 17, 2025

Listed (Active)

CRMLS #SR25277552

$349,999
Feb 8, 2022

Sold

CRMLS #SC21240866

$215,000
Feb 8, 2022

Sold

CLAW #SC21240866MR

$215,000
Feb 8, 2022

Sold

CRMLS #SC21240880

$215,000
Jan 15, 2022

Pending

CRMLS #SC21240866

Jan 15, 2022

Pending

CLAW #SC21240866MR

Nov 2, 2021

Listed (Active)

CRMLS #SC21240866

$285,000
Nov 2, 2021

Listed (Active)

CRMLS #SC21240880

$285,000
Oct 30, 2021

Listed (Active)

CLAW #SC21240866MR

$285,000
Jan 1, 2019

Expired

CRMLS #PI18067027

$187,500
Jan 1, 2019

Expired

CRMLS #PI18067015

$187,500
Dec 31, 2018

Expired

NSBCMLS #18000827

$187,500
Dec 31, 2018

Expired

NSBCMLS #18000828

$187,500
Dec 31, 2018

Expired

CLAW #PI18067027MR

Dec 31, 2018

Expired

CLAW #PI18067015MR

Mar 23, 2018

Listed (Active)

CLAW #PI18067027MR

$187,500
Mar 23, 2018

Listed (Active)

CRMLS #PI18067027

$187,500
Mar 23, 2018

Listed (Active)

NSBCMLS #18000827

$187,500
Mar 23, 2018

Listed (Active)

CRMLS #PI18067015

$187,500
Mar 23, 2018

Listed (Active)

NSBCMLS #18000828

$187,500
Mar 23, 2018

Listed (Active)

CLAW #PI18067015MR

$187,500
Dec 5, 2014

Expired

NSBCMLS #197251

$150,000
Dec 5, 2014

Expired

NSBCMLS #197248

$150,000
Jun 5, 2013

Listed (Active)

NSBCMLS #197251

$200,000
Jun 5, 2013

Listed (Active)

NSBCMLS #197248

$200,000
Nov 27, 2002

Sold

NSBCMLS #17562

$107,500
Aug 28, 2002

Pending

NSBCMLS #17562

Oct 5, 2001

Listed (Active)

NSBCMLS #17562

$125,000
Jan 23, 1998

Expired

NSBCMLS #650165

$175,000
Jan 23, 1995

Listed (Active)

NSBCMLS #650165

$175,000
DateEvent & SourcePrice
12/17/2025

Price Change

CLAW #SR25277552MR

$339,000
12/17/2025

Price Change

CRMLS #SR25277552

$339,000
12/17/2025

Listed (Active)

CLAW #SR25277552MR

$349,999
12/17/2025

Listed (Active)

CRMLS #SR25277552

$349,999
02/08/2022

Sold

CRMLS #SC21240866

$215,000
02/08/2022

Sold

CLAW #SC21240866MR

$215,000
02/08/2022

Sold

CRMLS #SC21240880

$215,000
01/15/2022

Pending

CRMLS #SC21240866

01/15/2022

Pending

CLAW #SC21240866MR

11/02/2021

Listed (Active)

CRMLS #SC21240866

$285,000
11/02/2021

Listed (Active)

CRMLS #SC21240880

$285,000
10/30/2021

Listed (Active)

CLAW #SC21240866MR

$285,000
01/01/2019

Expired

CRMLS #PI18067027

$187,500
01/01/2019

Expired

CRMLS #PI18067015

$187,500
12/31/2018

Expired

NSBCMLS #18000827

$187,500
12/31/2018

Expired

NSBCMLS #18000828

$187,500
12/31/2018

Expired

CLAW #PI18067027MR

12/31/2018

Expired

CLAW #PI18067015MR

03/23/2018

Listed (Active)

CLAW #PI18067027MR

$187,500
03/23/2018

Listed (Active)

CRMLS #PI18067027

$187,500
03/23/2018

Listed (Active)

NSBCMLS #18000827

$187,500
03/23/2018

Listed (Active)

CRMLS #PI18067015

$187,500
03/23/2018

Listed (Active)

NSBCMLS #18000828

$187,500
03/23/2018

Listed (Active)

CLAW #PI18067015MR

$187,500
12/05/2014

Expired

NSBCMLS #197251

$150,000
12/05/2014

Expired

NSBCMLS #197248

$150,000
06/05/2013

Listed (Active)

NSBCMLS #197251

$200,000
06/05/2013

Listed (Active)

NSBCMLS #197248

$200,000
11/27/2002

Sold

NSBCMLS #17562

$107,500
08/28/2002

Pending

NSBCMLS #17562

10/05/2001

Listed (Active)

NSBCMLS #17562

$125,000
01/23/1998

Expired

NSBCMLS #650165

$175,000
01/23/1995

Listed (Active)

NSBCMLS #650165

$175,000

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

Schools near 117 South I Street

This home is within Lompoc Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
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.

Similar Homes

Similar Sold Homes

117 South I Street 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 66 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 Street 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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. 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.