$1,900,000
$100K PRICE DROP

2888 Gibraltar Rd Santa Barbara, CA 93105

Estimated payment $10,694/month

Total Views 4,350
27 Acres
$70,188 Price per Acre
1,179,169 Sq Ft Lot

Highlights

  • Ocean View
  • 27.07 Acre Lot
  • Hilly Lot
  • Cold Spring Elementary School Rated A

About This Lot

Perched high in the coastal hills above Santa Barbara and Montecito, this remarkable 27-acre parcel offers some of the most dramatic and expansive ocean views in the region. Just a short 15-minute drive from the north end of Santa Barbara, this rare offering combines pristine natural beauty with a unique opportunity to build your dream home in a private, awe-inspiring setting.

From this elevated vantage point, sweeping panoramic views stretch across the Pacific Ocean, with Catalina Island, the Channel Islands, and even Point Conception visible on clear days. The tranquility and sense of seclusion are unmatched, yet the conveniences and charm of Santa Barbara are still within easy reach.

A flat building pad of approximately 0.15 acres provides a ready-made foundation for construction. Included with the property is a basic floorplan for a 1,200 sq. ft. home and an attached 576 sq. ft. two-car garage - ideal for creating a minimalist retreat or expanding into a custom estate. There is a water well on property (unknown as to its functionality) and a permitted structure that could be used as a workshop - or with proper work and permitting - possibly a guest house. Other potential options for the property could include the building of a winery, or perhaps using the additional land for livestock (subject to the proper permits).

This is a once-in-a-generation opportunity to own a truly spectacular piece of the California coast. Whether you're seeking a peaceful getaway or a future investment, this land offers an extraordinary canvas to bring your vision to life.

Listing Agent

Raymond Deckert

Keller Williams West Ventura License #01761150 Listed on: 05/17/2025

Keller Williams West Ventura

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,088

Lot Details

  • 27.07 Acre Lot
  • Steep Slope
  • Hilly Lot

Property Views

  • Ocean
  • City

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Listing and Financial Details

  • Assessor Parcel Number 013-010-003

Property Details

Property Type

Land

Est. Annual Taxes

$4,088

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Steep Slope
  • Property Information Apx # Acres: 27.07
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Hilly2: Yes
  • ViewOcean: Yes
  • View City4: Yes
  • LocationTopo Steep2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, City
  • Acres: 27.07
  • Topography: Steep, Hilly

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-010-003
  • Zoning: Other
  • Lot Size Sq Ft: 1179169.2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,088 $397,953 $397,953 --
2023 $4,088 $375,000 $375,000 $0
2022 $399 $36,215 $36,215 $0
2021 $389 $35,505 $35,505 $0
2020 $383 $35,141 $35,141 $0
2019 $378 $34,452 $34,452 $0
2018 $370 $33,777 $33,777 $0
2017 $364 $33,115 $33,115 $0
2016 $398 $32,466 $32,466 $0
2014 $388 $31,353 $31,353 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $1,900,000 -5.0% --
05/17/2025 05/17/25 For Sale $2,000,000 +433.3% --
03/02/2022 03/02/22 Sold $375,000 -6.2% --
02/07/2022 02/07/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $399,900 -- --
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Grant Deed $375,000 First American Title
Interfamily Deed Transfer -- First American Title Company
Grant Deed $5,000 First American Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1971

Santa Barbara Multiple Listing Service

APN: 013-010-003