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$68,000,000
698 E Mountain Dr, Santa Barbara, CA 93103
0 Beds
0 Baths
n/a SqFt

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Formally known as Mar Y Cel and locally known as the Montecito Tea Gardens. Eighteen legal parcels on over 331 acres make this an unprecedented offering in one of the most sought-after estate locations in Montecito. Originally purchased for its abundance of water; this rare land spans foothills and mountainsides, providing incredible privacy and unparalleled ocean and mountain views from most every parcel. This is a rare opportunity for a buyer wanting either an exclusive family compound, a community of private world-class estates, or a variation of both. All eighteen parcels have certificates of compliance, many of which have lovely building sites and are ready to begin the design and permitting process. A development prospectus is available.
  • Price:
  • $68,000,000
  • Acreage:
  • 331.00
  • Listing ID #:
  • 22-139
  • Street Address:
  • 698 E Mountain Dr
  • City:
  • Santa Barbara
  • State:
  • California
  • Postal Code:
  • 93103
  • County:
  • Santa Barbara
  • Community:
  • Montecito
  • Listing Status:
  • Active
  • Listing Type:
  • Residential/SFR-LandDevelopedVacant
n/a

MONT UNION
Public
n/a

S.B. JR.
Public
n/a

S.B. SR.
Public
  • Miscellaneous Features:
  • Buildable
  • View:
  • City, Mountain, Ocean, Panoramic
  • Lot Description:
  • Combo, Foothills, Hilly, Level, Mountain, Steep
  • Days On Market:
  • 164
  • Terms:
  • Cash, Ctnl
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Coldwell Banker Realty
  • SANBARB

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