NOT LISTED FOR SALE

290 E Highway 246 Buellton, CA 93427

Estimated Value: $3,011,022

5 Acres
$602,204 Price per Acre
217,800 Sq Ft Lot

Last Sold July 28, 2023

Last sale price $2,800,000

Est. 8% increase in value since last sale

Current estimated payment $18,305/month

144 Days on Market

Highlights

  • Panoramic View
  • 5 Acre Lot
  • No HOA
  • Jonata Middle School Rated 9+

About This Lot

As of July 2023

Live Oak Lanes is an entitled development project in the growing Central Coast community of Buellton, California. The current project is planned for a 39,800 SF building with 12,500 SF of outdoor covered patio space that houses 18 lanes of bowling, 4,000 SF restaurant-bar, a 2,300 SF modern arcade, party rooms and 179 parking spaces.

The property consists of 5 acres in east Buellton, just off the 101 Freeway and Highway 246 corridor. You will find this gem situated in the shopping area of Buellton behind Jack-in-the-Box and O’Reilly’s Auto Parts and clearly visible from the 101 Freeway providing exceptional visibility and exposure. This is one of the few large, commercial sites that remain undeveloped in the market in this area.

All plans, studies, reports and permits are included in the sale. This project is ready for an investor/developer to finalize the grading plans and break ground and complete the project, modify it to suit their needs, or pivot to any number of other possibilities.

Last Agent to Sell the Property

Steve Battaglia

Steven Battaglia, Broker License #01318215 Listed on: 11/09/2022

Last Buyer's Agent

Laura Drammer

Berkshire Hathaway HomeService License #01209580

Berkshire Hathaway HomeService

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Property is zoned CR, Commercial Retail

Property Views

  • River
  • Panoramic
  • Creek or Stream
  • Mountain

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 137200078

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: CR
  • Zoning Description: Commercial Retail
  • Property Type: Land
  • Parcel Number: 137200078
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 12.86

Exterior Features

  • View: Creek/Stream, Mountain(s), Panoramic, River

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000
  • Latitude Manual: 34.60859300

Multi Family

  • Lot Size Area: 5.0000 Acres

Tax Info

  • Tax Census Tract: 19.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jul 18, 2023
Sold by
Carmike-One Llc
Bought by
A Place To Go For Kids Llc
Seller's Agent
Steve Battaglia
Steven Battaglia, Broker
Buyer's Agent
Laura Drammer
Berkshire Hathaway HomeService
List Price
$3,250,000
Sold Price
$2,800,000
Premium/Discount to List
-$450,000
-13.85%
Views
35
Current Estimated Value
$3,011,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,022
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Mar 10, 2016
Sold by
Nielsen Roger A and Nielsen Anlaug M
Bought by
Carmike One Llc

Purchase Details

Closed on
Jun 1, 2006
Sold by
Nielsen Roger A and Nielsen Anlaug M
Bought by
Nielsen Roger A and Nielsen Anlaug M

Purchase Details

Closed on
Sep 18, 1998
Sold by
Neslein Ltd Partnership
Bought by
Nielsen Roger A and Nielsen Anlaug

Purchase Details

Closed on
Feb 13, 1996
Sold by
Nielsens Market Inc
Bought by
Neslein Ltd Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
A Place To Go For Kids Llc $2,800,000 First American Title
Carmike One Llc $1,750,000 First American Title Company
Nielsen Roger A -- None Available
Nielsen Roger A $350,000 Chicago Title Co
Neslein Ltd Partnership -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $2,800,000 -13.8% --
04/02/2023 04/02/23 Pending -- -- --
11/09/2022 11/09/22 For Sale $3,250,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $30,352 $2,856,000 $2,856,000 --
2023 $30,352 $1,952,157 $1,952,157 $0
2022 $20,883 $1,913,880 $1,913,880 $0
2021 $20,537 $1,876,353 $1,876,353 $0
2020 $20,289 $1,857,114 $1,857,114 $0
2019 $19,935 $1,820,700 $1,820,700 $0
2018 $19,583 $1,785,000 $1,785,000 $0
2017 $19,246 $1,750,000 $1,750,000 $0
2016 $5,005 $463,494 $460,856 $2,638
2015 $4,941 $456,533 $453,934 $2,599
2014 -- $447,592 $445,043 $2,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22238594

California Regional Multiple Listing Service (CRMLS)

APN: 137-200-078