331 Rancheria St.

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Description

 

Once in a blue moon opportunity! Let's not gloss over the charming 1933 home, adorned with coved ceilings and cozy fireplace, set on a sprawling 7,000+ sq ft lot; making this an ideal starter home or a great option for a downsize. However, the real value and perhaps best use of the property is in the development potential. The rare R-MH zoning allows for multiple units (4 x two-bedrooms units) and options for different project types. Evaluation and site plans by a land use planner are available upon request. The A+ location is less than a mile to the beach, State St., Santa Barbara City College (i.e. renters!), and all that downtown Santa Barbara offers!

Just sold at $805,000.

 
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