Rare multi-home development opportunity in a prime Santa Barbara view location. These 2 adjacent R-2 vacant lots could be explored as a 4-home planned unit development. 1609 and 1615 Grand are in a very high-demand location a few blocks from downtown, but just high enough in the lower Riviera to offer commanding city, ocean and island views. There is an easement from the cross street to allow easy access to 2 lower homes, with the 2 upper homes accessed from Grand Avenue. Possibility of added ADU units, consult with a land-use planner for verification. At $680K per potential home lot, this opportunity could be as profitable as it is rare. Develop for re-sale, or keep 1 home for own use paid for by the sale of the other homes. Concept ideas at: www.SantaBarbaraViewDevelopment.com
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