3040 Gibraltar Road
3040 Gibraltar Road
$3,500,000
6
5
1
5,296
5,296
$661
Closed 3/8/24
Description
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...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.
- Listed by Melinda Bonini • DRE #01326360 • Brokerage DRE #01327139 • Coldwell Banker Exclusive • 818-422-7447
- Listed by Lou Lollio • DRE #00829436 • Brokerage DRE #00829436 • Lou Lollio
Property Details for 3040 Gibraltar Road
Architectural Style
See Remarks
ViewCity Lights, Coastline, Harbor, Mountain(s), Ocean
Parking Spaces Total4
Private PoolNo
Cooling TypeN/K
Total Units2.0
Building TypeDetached
Lot Size SourceAssessor
Location
LISTING UPDATED: 03/08/2024 05:47 AM
Property Details for 3040 Gibraltar Road
Status | Closed |
---|---|
MLS # | SR23001289 |
Days on Market | 314 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 2022 |
Lot Size | 2.98 AC / 129,808 SF |
County | Santa Barbara County |
Location
Building Information for 3040 Gibraltar Road
Stories3Year Built2022Building Size-Lot Size2.98 AC / 129,808 SF
Payment Calculator
$20,200 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3040 Gibraltar Road
Property History for 3040 Gibraltar Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3040 Gibraltar Road
Taxable ValueLand$568,913Additions$672,056Total$1,240,969
Tax Record2023$13,185 ($1,099 / month)
Home Facts
Beds1Total Finished SqFt1,296 SqFtAbove Grade Finished SqFt1,296 SqFtLot Size129,808 SqFtStyleMiscellaneous ResidentialYear Built1982CountySANTA BARBARAAPN153-280-020
Schools near 3040 Gibraltar Road
This home is within Santa Barbara Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 6 |
Rating | School | Distance |
---|---|---|
Cleveland Elementary School PublicK to 6 | ||
Santa Barbara Junior High School Public7 to 8 | ||
Santa Barbara Senior High School Public9 to 12 | ||
Adelante Charter School CharterK to 6 |
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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