838 Toro Canyon Road, SANTA BARBARA, CA 93108, SANTA BARBARA, 93108 - 4 bed, 5 bath
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SANTA BARBARA, CA 93108
Analysis of 838 Toro Canyon Road, SANTA BARBARA, CA 93108 is currently available with a list price of $2,285,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is currently a vacant 5-acre land parcel with no existing physical structure, kitchen, or bathrooms; the provided images are architectural renderings of a proposed residence, and the value is based solely on the land and its potential for redevelopment.
The ridgetop location offers rare, multi-directional views of the Santa Barbara coastline, harbor, sunsets, and the Santa Ynez mountain range.
Designed by the renowned AB Design Studio, the proposed residence features a Frank Lloyd Wright-inspired contemporary design that integrates seamlessly with the natural landscape.
With plans and permits already in process and a newly completed access road, the property significantly reduces the typical multi-year lead time for Santa Barbara hillside development.
As a land parcel with plans, the buyer must undertake the significant financial and logistical responsibility of a ground-up luxury build.
While plans are in process, final approvals in Santa Barbara County can be subject to strict regulatory hurdles and potential design modifications.
The ridgetop and foothill terrain may present higher engineering and foundation costs compared to flat-land construction.
One of the last ocean view parcels available, plans and permits in process for this ridgetop dreamhome by AB Design Studio. 838 Toro Canyon is for all lovers of open spaces, privacy and design. ''Architectural innovation on the edge of nature'' states AB Design Studio, a one of a kind masterpiece that integrates seamlessly into the Montecito foothills, framed by the Santa Ynez mountain range to the north, overlooking Santa Barbara's stunning coastline to the south, Santa Barbara harbor and setting sun in the west, there is no other parcel available like this. Experience the magical 5 acres where AB Design Studio created ''one of their favorite projects.'' Inspired by ''Frank Lloyd Wright's principles, while embracing contemporary design, the residence's emphasis on integration with nature, use of cantilevering, and strong linear forms pay homage to Wright's Fallingwater. The proposed Toro Canyon residence design is a contemporary interpretation of Wright's ideas, one that respects tradition while embracing modernity. Plans ready for your personal finishes. Single level design with a variety of interior floorplans available. Schedule a tour to view this most special property and building plans, beautiful new road just completed to property. Minutes from Montecito's Upper and Lower Villages. From AB Design Studio: https://www.abdesignstudioinc.com/news/the-toro-canyon-residence-architectural-innovation-on-the-edge-of-nature
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 52% |
| Square foot | - | 3,601 | 7% |
| Lot Size | 217,800 | 40,293.1 | 98% |
| Price | $2.29M | $5.30M | 17% |
| Price per sq ft | $0 | $1.7K | 17% |
| Built year | 0 | 1980 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 440 | 239 | 81% |
Feb 6, 2025
$2,285,000
Initial Listing
Nov 25, 2020
$900,000
Public Record