Land Parcel With Potential Development Opportunity Hits the Luxury Santa Barbara Real Estate Market.
This article was created and featured on a Los Angeles based news website “The Plug” and can be found here: http://www.thepluglosangeles.com/land-parcel-potential-development-opportunity-hits-luxury-santa-barbara-real-estate-market/
Real estate investors take notice as a large land parcel in the luxury real estate community of Santa Barbara California lists for sale at $2,295,000 by Louise McKaig of Keller Williams Luxury Homes International.
Just north of Los Angeles you will find our neighbors in Santa Barbara California. For those of you who are not familiar with many of the lavish and luxury stories coming out of the Santa Barbara area then you may want to just think of it as a mix between Bel Air and Malibu. It is a unique mix of luxury living and hippy beach culture that despite all odds just somehow comes together and forms this wonderful community. What you may not know about our brothers in the North is that space and the ability to build is limited. Rents are huge and housing prices continue to climb. With large land parcels and real estate development opportunities becoming difficult to find in luxury communities like Santa Barbara and Beverly Hills we thought this nearly 2-acre real estate listing from Louise McKaig of KW Luxury Homes International could be of interest to our readers who may be into real estate investing or building.
Against all odds, Santa Barbara County has been seeing a number of real estate developments lately. Just take a look at the Goleta area with more than 3 new developments in the last few of years and even more on the way. The Estancia New Development, The Knolls, The Tree Farm just to name a few. Not too long ago the Hideaways and The Bluffs were also built in Goleta. Now this property available on Hope Ave is one of the last spaces of its kind in the area.
The property comes with a pre-existing 3-bedroom 1.5-bathroom home and is conveniently located near schools, luxury shopping, and dining. The property is drawing interest from investors as well as private individuals looking to build their own luxury home on a large piece of land in a central location. Set in a popular Santa Barbara neighborhood with numerous potential opportunities makes this new listing from the Keller Williams Luxury real estate team an exciting one. Visit http://SantaBarbaraMontecito.com/RealEstate for the official Santa Barbara real estate listing information.
“It’s important for buyers and investors to do their own investigations to understand the specifics and possibilities but we recently obtained the due diligence report and are very excited about this property for the location and the potential it has,” says listing agent Louise McKaig. The property located on Hope Ave, in what is known as Santa Barbara’s San Roque area, will have their first public viewings in the coming weeks. It will likely appeal to a broad range of buyers such as real estate investors, real estate developers, and other real estate professionals. To view the property contact Realtor Louise McKaig or her luxury real estate team at Keller Williams Realty Santa Barbara to set up a showing or visit https://SantaBarbaraMontecito.com for more real estate information.