487 Hot Springs Road, SANTA BARBARA, CA 93108

$3,075,000
Property Type: Res Bedrooms: 4 Baths: 3 Lot Size (sq. ft.): 43,560 Status: Closed
Current Price: $3,075,000 List Date: 11/21/2022 Last Modified: 1/30/2024

Description

2 older homes on an approximately one-acre flat lot in the heart of Montecito. Both houses have deferred maintenance and are in need of extensive work. Located at the end of a private lane with a possible entrance off E Valley as well. Phenomenal upside potential.

More Information MLS# 22-3789

Location Info

District: 10 - MONTECITO Street #: 487 Street Name: Hot Springs Street Suffix: Road State/Province: CA Postal Code: 93108 Compass Map: Santa Barbara Map Grid: S11 County: Santa Barbara Parcel Number: 009-040-003 Cross Street: East Valley Rd.

Contract Info

Current Price: $3,075,000 Price: 2900000 Buyers Agent $/%: 2.5 Affordable Housing: No Begin Date: 2022-11-21 Status: Closed

Status Information

Sold Date: 2022-12-13 Sold Price: $3,075,000 Under Contract Date: 2022-12-01

Property Information

TYP: Home/Estate Total Bedrooms: 4 Total Bathrooms: 3 Total Full Baths: 3 Year Built: 1957 Source: Public Records Apx # Acres: 1 ADU: No Within City Limits: No Total #Units: 2 Recurring Fees: No

Neighborhood/Schools

Elementary School: Mont Union Junior High School: S.B. Jr. High School: S.B. Sr.

Remarks

Directions: East Valley to Hot Springs immediate right on lane, house at the end of the lane. Hot Sheet Comment: new Geo Lat: 34.435415 Geo Lon: -119.643212

Owner Info

Deposit: 3

Property Features

Condition: Fixer Style: Other Construction: Single Story; Two Story Roof: Other Foundation: Slab; Raised; Other Exterior: Wood Siding; Other Parking/Garage: Cpt #2; Unc #4 Grounds/Landscaping: Pool Other Buildings: Shed; Other; Second Residence View: Mountain(s); Setting Location/Topo: Level; Rolly Site Improvements: Paved; Other Proximity: Near School(s); Near Shopping; Other; Restaurants Rooms: Other Dining: Other Laundry: Other Amenities: Other Appliances Included: Other Fireplace(s): LR Flr/Wdw Coverings: Hardwood; Other; Vinyl/Linoleum Security: Other Water/Sewer: Mont Wtr; Other Pets: Other Handicapped Access: Other Occupancy: Occ Other Zoning: Other Reports Available: Other Disclosures: Other Sales Excludes: Other Terms: Cash; Ctnl Pub Listing Details: Other

Documents

Listing Office: Coldwell Banker Realty
Last Updated: January - 30 - 2024
487 Hot Springs Road, SANTA BARBARA, CA 93108- MLS# 22-3789
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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