4700 Via Los Santos (Park Hill Development)
Stunning 14+ acre parcel approved for a 12 lot development near the North-West edge of Santa Barbara. Most lots are flat and feature magnificent ocean and mountain views. For sale as a single parcel for $7.95M. Most lots will be about 1 acre in size. Compare to the neighboring La Raita development, where 0.6+ acre lots have recently sold for over $1.5M and several newly built homes have recently sold for between $3.6M and $4.2M. Owners may consider partial seller financing at attractive terms!