Originally built in 1921, this historic Adobe home is being offered mid-restoration. Situated on a large interior lot accessed by a private lane, with peeks of the ocean and islands, this outstanding property is a true ''diamond in the rough''. Located at the base of the Riviera, in the heart of Santa Barbara, this charming home affords the ultimate in privacy, while being in close proximity to all the things that make Santa Barbara great- beaches, shopping, dining, and live entertainment at the Santa Barbara Bowl. Currently, new Spanish style homes are being built on the three neighboring parcels within the development.
Permits to remodel the existing home and construct a two-car garage have been obtained, and conceptual plans for a detached Accessory Dwelling Unit are also included. Existing Mills Act contract offers substantial tax savings. Due to condition, conventional financing is probably not possible.