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    5295-3 Shoreline Dr Santa Barbara, CA 93111

    For Sale
    $4,000,000

    Large parcel with mountain views suitable for various agricultural uses.

    Lot size:
    12.27 Acres

    Property Features for 5295-3 Shoreline Dr

    General Information

    Lot size
    12.27 Acres

    Source: Berkshire Hathaway HomeServices California Properties

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    12.27 Acre Coastal Zone Land

    This 12.27-acre parcel, identified as Shoreline Subdivision Lot 3 of 3, offers privacy and panoramic mountain views. The gently sloping land is suitable for a hobby farm, equestrian estate, or regenerative retreat. Zoned AG-I-10 in the Coastal Zone, the property allows for one primary residence, a 1,200-square-foot accessory dwelling unit (ADU), and an 800-square-foot guest house, in addition to barns, greenhouses, sport courts, and riding arenas. Agricultural use is encouraged, with water provided via the Goleta Water District and agricultural credits preserved. A 45-foot access/utility easement will be recorded with the final map. Fire access has been approved. The buyer is responsible for completing septic testing and turnaround. Structures exceeding 20,000 square feet may require a Development Plan. The final map is expected in late 2025 and is subject to County approval.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.8073319
    Latitude
    34.4199377

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    FAQs

    What type of property is this?
    Land - Large parcel with mountain views suitable for various agricultural uses.
    Where is this land located?
    The property is located at 5295-3 Shoreline Dr Santa Barbara, CA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - Largest parcel in Shoreline Subdivision at 12.27 acres, offering exceptional privacy and panoramic mountain views.; - Zoned AG-I-10 in the Coastal Zone, allowing for a primary residence, 1,200 SF ADU, and 800 SF guest house.; - Gently sloping land suitable for a hobby farm, equestrian estate, or regenerative retreat.
    (805) 688-1794
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    5295-3 Shoreline Dr Santa Barbara, CA 93111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5295-3 Shoreline Dr Santa Barbara, CA 93111
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