4555 Hollister Ave, Santa Barbara, California
4555 Hollister Ave, Santa Barbara, California 93110 - Great development opportunity. Recently appraised for $3,000,000. The Santa Barbara County changed the zoning of this property to DR-20 allowing for higher density on this property and to encourage development in this area. It could be possible to put over 20 units on this site. Currently there are 5 units and several garages/carports/out-buildings on this 1.1 acre lot. The existing structures are on half of the lot while the other half is an open field. The Ben Page Youth Center is across the street. Various shops and restaurants to the east, San Marcos High School to the west. The picturesque More Mesa open area to the south, and is very close to the Obern Trail hiking and biking path that leads to UCSB and Goleta Beach.
Listing Courtesy of Goodwin & Thyne Properties