Recently Viewed Properties
See This Home
Save This Listing
Close

$3,500,000

  • Sold
  • Closed
  • Single Family
  • 6 Beds
  • 5 Full Baths
  • 1 Partial Bath
  • 5,296 Sq. Ft.
  • 4 Car Garage
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 3040 Gibraltar Rd

General

  • Sold For: $3,500,000
  • Status: Closed
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SR23001289
  • Added to Site: 1, 421 day(s) ago

Interior

  • Rooms/Areas: See Remarks
  • Interior Features: Unfurnished
  • Fireplace(s): None
  • Eating Areas: See Remarks
  • Appliances: None
  • Flooring: See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Exterior

  • Deck/Patio: See Remarks

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Parking: See Remarks

Location

  • County: Santa Barbara
  • Subdivision: Santa Barbara: Other (80)
  • Driving Directions: Must call agent N. or PCH and new construction unpaved rd to Main house dirt rd to Guest House

School Information

  • School District: Other

Community

  • Community Features: Mountainous

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Water: See Remarks

Structural Information

  • Architectural Style: See Remarks
  • Structure Type: Single Family Residence
  • Foundation: See Remarks
  • Roof: See Remarks
  • Common Walls: No Common Walls
  • Windows: Wood Frames
  • Disability Access: Other, See Remarks
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 5,296
  • Year Built: 2022
  • Year Built Source: Builder

Lot Features

  • Property View: City Lights, Coastline, Harbor, Mountain(s), Ocean
  • Lot Size (Acres): 2.98
  • Lot Size Source: Assessor
  • Zoning: 40-E-1
  • Lot Description: Lot Over 40000 Sqft

Financial Considerations

  • Price Per Sq. Ft.: $660.88

Disclosures and Reports

  • Special Conditions: Real Estate Owned
  • Bank-owned: Yes

Listed by Coldwell Banker Exclusive, Melinda Bonini and Lou Lollio, Lou Lollio
Sold by Allison James Estates & Homes, Jennifer Conklin

Listing agents

— 3040 Gibraltar Rd —

  • Melinda Bonini

    Coldwell Banker Exclusive

  • Lou Lollio

    Lou Lollio

818-422-7447

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3040 Gibraltar Rd

School District:Santa Barbara Unified School District
NameGradesDistance
Cleveland Elementary School, Santa Barbara, CA
123 Alameda Padre Serra, Santa Barbara, CA 93103
PK-62.8 mi
Santa Barbara Junior High School
721 East Cota Street, Santa Barbara, CA 93103
7-82.9 mi
Santa Barbara Senior High School
700 East Anapamu Street, Santa Barbara, CA 93103
9-122.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3040 Gibraltar Rd

Date
Details
Price
Change
Source
3/08/2024
Sold
$3,500,000
6.71%
MLS
10/27/2023
Price Reduced
$3,280,000
-6.29%
MLS
7/14/2023
Price Increased
$3,500,000
59.09%
MLS
1/03/2023
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Coldwell Banker Exclusive, Melinda Bonini and Lou Lollio, Lou Lollio
Sold by Allison James Estates & Homes, Jennifer Conklin

Similar Properties near 3040 Gibraltar Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

111 E Pedregosa St, Santa Barbara, CA 93101 - Photo 1 Price Reduced
-$155,000 (-4.03%)
$3,695,000
Open House

111 E Pedregosa St  Santa Barbara, CA 93101

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 4
    Total Baths
  • 3,432
    Sq. Ft.
3213 Calle Mariposa, Santa Barbara, CA 93105 - Photo 1
$3,795,000
Open House

3213 Calle Mariposa  Santa Barbara, CA 93105

  • Single Family
  • Active
  • 5
    Beds
  • 4
    Total Baths
  • 3,379
    Sq. Ft.
1230 Northridge Rd, Santa Barbara, CA 93105 - Photo 1
$3,750,000

1230 Northridge Rd  Santa Barbara, CA 93105

  • Single Family
  • Active
  • 6
    Beds
  • 4
    Total Baths
  • 5,172
    Sq. Ft.
1624 Shoreline Dr, Santa Barbara, CA 93109 - Photo 1
$3,849,000

1624 Shoreline Dr  Santa Barbara, CA 93109

  • Single Family
  • Active
  • Updated 6 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 3,417
    Sq. Ft.

Just Listed near 3040 Gibraltar Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1455 Vincenti Pl, Montecito, CA 93108 - Photo 1 Just Listed
$7,950,000

1455 Vincenti Pl  Montecito, CA 93108

  • Single Family
  • Active
  • Updated 13 hours ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,770
    Sq. Ft.
1032 Fairway Rd, Montecito, CA 93108 - Photo 1 Just Listed
$1,995,000
Open House

1032 Fairway Rd  Montecito, CA 93108

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,278
    Sq. Ft.
1475 E Mountain Dr, Montecito, CA 93108 - Photo 1 Just Listed
$28,500,000

1475 E Mountain Dr  Montecito, CA 93108

  • Single Family
  • Active
  • Updated 13 hours ago
  • 5
    Beds
  • 9
    Total Baths
  • 11,740
    Sq. Ft.
430 Santa Rosa Ln, Montecito, CA 93108 - Photo 1 Just Listed
$9,500,000

430 Santa Rosa Ln  Montecito, CA 93108

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 4,981
    Sq. Ft.

Price Reduced near 3040 Gibraltar Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1381 E Valley Rd, Montecito, CA 93108 - Photo 1
$12,250,000

1381 E Valley Rd  Montecito, CA 93108

  • Single Family
  • Active
  • 5
    Beds
  • 7
    Total Baths
  • 4,917
    Sq. Ft.
2079 Birnam Wood Dr, Montecito, CA 93108 - Photo 1 Price Reduced
-$500,000 (-7.14%)
$6,500,000

2079 Birnam Wood Dr  Montecito, CA 93108

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 2,600
    Sq. Ft.
3091 Hidden Valley Ln, Montecito, CA 93108 - Photo 1 Just Listed
$8,495,000

3091 Hidden Valley Ln  Montecito, CA 93108

  • Single Family
  • Active
  • 6
    Beds
  • 9
    Total Baths
  • 8,292
    Sq. Ft.
313 Northgate Drive, Goleta, CA 93117 - Photo 1
$825,000
Open House

313 Northgate Drive  #Apt D  Goleta, CA 93117

  • Condo
  • Active
  • Updated 9 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,300
    Sq. Ft.

Recent Sales near 3040 Gibraltar Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1907 Coyote Cir, Santa Barbara, CA 93108 - Photo 1 Sold
$3,080,000

1907 Coyote Cir  Santa Barbara, CA 93108

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,281
    Sq. Ft.
2038 Cielito Ln, Santa Barbara, CA 93105 - Photo 1 Sold
$2,995,000

2038 Cielito Ln  Santa Barbara, CA 93105

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
127 Via Alicia, Santa Barbara, CA 93108 - Photo 1 Sold
$3,875,000

127 Via Alicia  Santa Barbara, CA 93108

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,819
    Sq. Ft.
127 Via Alicia, Santa Barbara, CA 93108 - Photo 1 Sold
$3,875,000

127 Via Alicia  Santa Barbara, CA 93108

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,819
    Sq. Ft.

3040 Gibraltar Road, Santa Barbara, CA 93105 (MLS# SR23001289) is a Single Family property that was sold at $3,500,000 on March 08, 2024. Want to learn more about 3040 Gibraltar Road? Do you have questions about finding other Single Family real estate for sale in Santa Barbara? You can browse all Santa Barbara real estate or contact a Coldwell Banker agent to request more information.