3040 Gibraltar Santa Barbara, CA 93105, Santa Barbara , 93105
Listing ID: SR23001289
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$3,280,000
Price
6
Beds
6
Baths
5296
Sq. Ft.
Built: 2022
Parking: 4 Spot
Listed: 1 year ago
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Property 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 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.

Other located at 3040 Gibraltar Santa Barbara, CA 93105. It has 6 beds, 6 bathrooms, and is 5296 square feet. The property was built in 2022. 3040 Gibraltar Santa Barbara, CA 93105 is in the Santa Barbara neighborhood.
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Listed by: Re/Max Olson Estates

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20% down payment
$11,492
per month
35% down payment
$9,337
per month
50% down payment
$7,183
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

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MS
Melinda Sue Bonene
(818) 346-7362

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MS
Melinda Sue Bonene
(818) 346-7362
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment