Great time to purchase land in Santa Barbara

If you are looking to build a custom or spec home, it is a fantastic time to purchase land in Santa Barbara. Since construction starts are down, and many contractors have adjusted their business back to remodeling (as the market has leveled off), the demand for vacant land has decreased. As a result, sellers have adjusted prices downward to create some very attractive values on some beautiful parcels of land. City lots start at $600k on the very low side and go up from there, while larger parcels (1+ acre), many with great ocean or mountain views start around the $1 Million mark. While land still isn't cheap by any means, it is a much better move to buy while the market is level and demand is still fluctuating, than waiting another couple of years until the market is stronger. You'll have more competition if you wait, which means less motivated sellers and higher prices.





We have one incredible parcel for sale right now in the 93108 Zip Code. For 3.59 Acres of secluded oak forest, and Panoramic ocean, city, and mountain views, this lot is very competitively priced at $1,395,000.















The building site, located at the top of the parcel is mostly cleared and partially cut, and the sale comes with preliminary approved plans for a 3300 SF (4500 SF gross) Mediterranean style home capturing those magnificent views from almost every room.

Here are some additional pictures and additional information: Santa Barbara / Montecito Panoramic View Lot