Active
698 E Mountain Drive
SANTA BARBARA CA, 93103
$50,000,000
$151,057.40 per sqft
Active
Land
Courtesy of Chris Harrington, Coldwell Banker Realty
Newly Priced and ready for sale. 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.
22-139
MLSⓇ ID
January 18, 2022
Listed
December 9, 2023
Updated
Map
698 E Mountain Drive
SANTA BARBARA CA, 93103
Exterior/Building Features
Lot Size
0.01 acres
Lot Features
Level, Steep Slope, Mountain
School Information
High School
S.B. Sr.
Elementary School
Mont Union
Other Property Details
Area Name
10 - MONTECITO
Garage
No
Parking
No
View
Yes
View Description
Mountain(s), Ocean, City, Panoramic
County
Santa Barbara
Pool
No
Zoning
Other
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
10/6/2023 | Price Change | $50,000,000 -14% |
Courtesy of Coldwell Banker Realty, Chris Harrington,
Listing Contact:
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Data last updated 3:43 AM UTC, 12/9/2023
