NEW! Buy and sell safely with virtual options - Learn More
Unveiling a rare and premier development opportunity in the hillside heart of Summerland, 2482 Shelby Street offers an expansive canvas for a high-yield residential project. This exceptional parcel boasts 360-degree panoramic views that sweep across the Pacific Ocean, the Channel Islands, and the dramatic Santa Ynez mountain range. As a unique through-lot extending from Shelby Street to Golden Gate Avenue, the property provides the rare luxury of dual street access and unparalleled flexibility for site planning and construction. Situated in a quiet and highly supply-constrained enclave, this location is defined by a sophisticated yet relaxed coastal lifestyle that remains in high demand.This is a true developer's project, featuring comprehensive plans currently in process with the city for two modern duplexes and two detached accessory dwelling units (ADUs). This strategic four-unit configuration maximizes the R-2 zoning and the property's unique topography, offering an incredible opportunity to capitalize on the area's strong rental and resale markets. The property is exceptionally well-prepared for development, featuring connections to public sewer, gas, and water with meters already established on-site to further streamline the transition to construction. The land's gentle downslope is a critical asset, ensuring that the breathtaking ocean vistas remain permanent and unobstructed for all future units.The envisioned "California Modern" design integrates seamlessly with the natural landscape, featuring expansive floor-to-ceiling glass systems to maximize natural light and coastal breezes across the site. Whether the goal is to build a high-end multi-generational compound, a luxury income-producing portfolio, or a landmark residential estate, this property represents the pinnacle of potential. Experience the serenity of Summerland, located just minutes from the boutiques of Lillie Avenue and a short drive to the exclusive amenities of Montecito and Santa Barbara, while taking advantage of a project that is already well on its way through the municipal pipeline.
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -