SOLD 03/08/2024
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Home sold for $3,500,000 in 431 days
3040 Gibraltar Rd Santa Barbara, CA, 93105
Off the market 6 beds 5 full + 1 half baths 5,296 sqft
REO Foreclosure Builder Investor Fix and Flip with income property potential. Live in or Rent out Guest House while finishing Construction. Incomplete new construction builder states approximately 80% completed. Main Estate house 4 BR 4.5 BA 4078 Sq ft. + 400 sq ft. Observation deck, according to the plans. Guest House built in 1982, 1BR and Loft and 2 BA 1151 Sq ft, with a laundry room according to the plans and is move in ready. Each has 4+ car parking. One of the highest homes in the hills with STUNNING OCEAN VIEWS OF SANTA BARBARA, THE COASTLINE, HARBOR AND CITY LIGHTS, CHANNEL ISLANDS, etc. This is a once in a lifetime opportunity for the right buyer. The Builder ran out of money during Covid restrictions and could not complete the buildout. Bring your builder or we have a builder who would love to complete the buildout. We have cost breakdowns and estimates available. Main house has 2 car garage to be finished in the construction.
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Property details
5,296 sqft interior area
Property type
Home
Interior area
5,296 sqft
View
City Lights, Mountain(s), Other, Ocean
Land area
129,808 sqft (2.98 acres)
Price per sqft
$660/sqft
Address
3040 Gibraltar Rd, Santa Barbara, CA, 93105
City of California
Santa Barbara
County
Santa Barbara
Previous price
$3,500,000
Sold price
$3,500,000
nr.of parking places
4
Style
See Remarks
Year Built
2022
District
Listing
Stories
Three or More Stories
Open Houses
No upcoming open houses
Interior Features
4 parking places, See Remarks floors
Beds
6
Baths
5 full + 1 half
Floors
See Remarks
Stories
Three or More Stories
Parking
4
Garage & Parking
Attached, See Remarks
Fireplaces
None
Laundry Features
None
Heathing & Cooling
None, None
Listed by
Melinda Bonini, Coldwell Banker Exclusive
Name
Melinda Bonini
License number
01326360
Brokerage company
Coldwell Banker Exclusive
MLS #
CRSR23001289
Buyer agent
Name
Jennifer Conklin
Brokerage company
Allison James Estates & Homes
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Mortgage
$10,746
Taxes
$0
HOA dues
$0
Mortgage
$700,000 / 20%
2.28%
30 years
Your amount
$10,746 / month
Exterior Features
—
Pool
None
Lot details
TMK #153280020
Parcel nr.
153280020
93105 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 93105
38%
Families with children
National average: 39%
40%
Non family households
90,154
Population
$143,089
Average Income
Age & gender
Median age 44 years
More info
Commute types
72% commute by car
More info
Education level
29% have bachelor education
More info
Number of employees
4% work in management
More info
Vehicles available
39% have 2 vehicle
More info
Vehicles by gender
39% have 2 vehicle
More info
Housing market insights for
$4.21m
Neighborhood average
sales price*
sales price*
$2.6m
Neighborhood median
sales price*
sales price*
21
Number
of sales*
of sales*
Housing type
61% are single detacheds
More info
Rooms
35% of the houses have 4 or 5 rooms
More info
Bedrooms
61% have 2 or 3 bedrooms
More info
Owners vs Renters
58% are owners
More info
5.83 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Mar 8, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 8, 2024 | Sold | $3,500,000 | 660.88 | Public Record |
| Mar 8, 2024 | Price Increase | $3,500,000 +6.71% | 660.88 | MLS #CRSR23001289 |
| Nov 2, 2023 | Price Decrease | $3,280,000 -6.29% | 619.34 | MLS #CRSR23001289 |
| Aug 20, 2023 | For sale | $3,500,000 | 660.88 | MLS #CRSR23001289 |
| Aug 20, 2023 | Price Increase | $3,500,000 +59.09% | 660.88 | MLS #CRSR23001289 |
| Jun 30, 2023 | Price Increase | $2,200,000 +900% | 415.41 | MLS #CRSR23001289 |
| Feb 9, 2023 | Pending | $220,000 | 41.54 | MLS #CRSR23001289 |
| Jan 3, 2023 | New Listing | $220,000 | 41.54 | MLS #CRSR23001289 |
Taxes of 3040 Gibraltar Rd, Santa Barbara, CA, 93105
40-E zoning / MLS #CRSR23001289
Zoning
40-E
Agent viewpoints of 3040 Gibraltar Rd, Santa Barbara, CA, 93105
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Frequently Asked Questions about 3040 Gibraltar Rd
What is 3040 Gibraltar Rd?
3040 Gibraltar Rd, Santa Barbara, CA, 93105 is a single family home located in the city of Santa Barbara, California with zipcode 93105. This single family home has 6 bedrooms & 5 full bathrooms + & 1 half bathroom with an interior area of 5,296 sqft.
Which year was this home built?
This home was build in 2022.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Home?
3040 Gibraltar Rd, Santa Barbara, CA, 93105.
Are grocery stores nearby?
The closest grocery stores are Chapala Market, 2.88 miles away and Trader Joe's, 2.98 miles away.
What is the neighborhood like?
The 93105 zip area has a population of 90,154, and 38% of the families have children. The median age is 44.25 years and 72% commute by car. The most popular housing type is "single detached" and 58% is owner.
Based on information from the bridgeMLS as of 04-27-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 08, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Chapala Market, 2.88 miles away and Trader Joe's, 2.98 miles away.
The 93105 zip area has a population of 90,154, and 38% of the families have children. The median age is 44.25 years and 72% commute by car. The most popular housing type is "single detached" and 58% is owner.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
