PENDING
$1M PRICE DROP
PRE-FORECLOSURE
The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.
2108 Gibraltar Rd Santa Barbara, CA 93105
Cielito NeighborhoodEstimated payment $9,577/month
Total Views
9,386
1.83
Acres
$860,656
Price per Acre
79,715
Sq Ft Lot
Highlights
- Ocean View
- Hiking Trails
- Cross Fenced
- Santa Barbara Senior High School Rated A-
About This Lot
Discover this once-in-a-lifetime opportunity in the heart of Santa Barbara. Unlock the potential of this expansive property with fully approved design plans through the City of Santa Barbara, meticulously crafted by local renowned architect Dawn Sherry, AIA. Affectionately known as 'La Cima (the perch)' and spanning 1.83 acres, this exceptional lot overlooks Parma Park and Montecito, with mesmerizing ocean views that provide the perfect backdrop for your coastal masterpiece. The approved plans envision a distinguished 4-bedroom residence across three stories, an infinity pool, attached 509-square-foot garage with guest apartment, and a motor court. With an active permit in place, a new owner can jump right in and develop their individual masterpiece! Embrace the art of refined living on this one-of-a-kind canvas of opportunity a short 10 minute drive from Downtown Santa Barbara.
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,443
Lot Details
- 1.83 Acre Lot
- Cross Fenced
- Wire Fence
- No Sprinklers
Property Views
- Ocean
- Coastline
- Panoramic
- Mountain
- Park or Greenbelt
- Neighborhood
Utilities
- Conventional Septic
Community Details
- Hiking Trails
- Bike Trail
Listing and Financial Details
- Assessor Parcel Number 021050028
- Seller Considering Concessions
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $9,443 | $858,330 | $806,310 | $52,020 |
| 2022 | $9,107 | $841,500 | $790,500 | $51,000 |
| 2021 | $4,419 | $408,868 | $353,656 | $55,212 |
| 2020 | $4,689 | $434,676 | $350,030 | $84,646 |
| 2019 | $4,611 | $426,742 | $343,167 | $83,575 |
| 2018 | $4,548 | $418,965 | $336,439 | $82,526 |
| 2017 | $4,403 | $411,340 | $329,843 | $81,497 |
| 2016 | $4,372 | $403,865 | $323,376 | $80,489 |
| 2014 | $4,263 | $391,038 | $322,799 | $68,239 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 02/26/2025 02/26/25 | Price Changed | $1,575,000 | -3.1% | -- |
| 01/24/2025 01/24/25 | Price Changed | $1,625,000 | -9.5% | -- |
| 11/18/2024 11/18/24 | Price Changed | $1,795,000 | -5.3% | -- |
| 10/01/2024 10/01/24 | Price Changed | $1,895,000 | -13.7% | -- |
| 07/08/2024 07/08/24 | Price Changed | $2,195,000 | -10.4% | -- |
| 06/08/2024 06/08/24 | Price Changed | $2,450,000 | -5.6% | -- |
| 05/02/2024 05/02/24 | For Sale | $2,595,000 | -- | -- |
Source: Ventura County Regional Data Share
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | Usa National Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $177,500 | New Conventional | |
| Previous Owner | $1,500,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $350,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $650,000 | No Value Available |
Source: Public Records
Similar Property in Santa Barbara, CA
Source: Ventura County Regional Data Share
MLS Number: V1-23274
APN: 021-050-028
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