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Entitled Boutique Hotel Development Opportunity

2020 De La Vina Street Santa Barbara, CA 93105

2020 De La Vina Street, Santa Barbara, CA, 93105
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For Sale
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33-key boutique hotel development opportunity in Santa Barbara.

Property Size16,918 SF
Lot Size0.65 Acres
Price / SF$325.10
Days on Market53

Property Features for 2020 De La Vina Street

General Information

Standard status
Active
Size
16,918 SF
Lot size
0.65 Acres
Property subtype
Hospitality
Listing Agency Hayes Commercial Group
Listed by Marissa Ruelas
Source Crexi
Added: May 26 Checked: Jul 16 at 9:24 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hayes Commercial Group


Investment Insights

Based on property information with market context.

Located along the Upper De La Vina corridor, the property at 2020 & 2024 De La Vina Street offers the opportunity to acquire a fully entitled 33-key boutique hotel development. The project aims to leverage existing improvements to reduce development timelines and costs while delivering a hospitality asset. The property includes 16,918 square feet of existing improvements across two office buildings on approximately 0.65 acres, with on-site parking. Approved plans allow for guest accommodations featuring single king and double queen guestrooms, plus eight extended-stay suites with one-bedroom and two-bedroom layouts complete with full kitchens. The location is approximately one mile from downtown, a half mile from Cottage Hospital, and minutes from the Funk Zone and beaches. Convenient access to Highway 101 allows for approximately 15-minute travel times to Goleta, Isla Vista, and Carpinteria. The surrounding neighborhood provides walkable access to restaurants, retail amenities, and neighborhood services.

Key Highlights

  • Fully entitled 33‑key boutique hotel development opportunity.
  • Strategically leverages existing improvements to reduce development timelines and costs.
  • Ideally central Santa Barbara location: approximately one mile from downtown, a half mile from Cottage Hospital, and minutes from the Funk Zone and beaches.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Fielding Graduate University University

Suggested Use

Storage Facility (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market Auto Parts Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Hotel - 33-key boutique hotel development opportunity in Santa Barbara.
Where is this hotel located?
The property is located at 2020 De La Vina Street Santa Barbara, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Fully entitled 33‑key boutique hotel development opportunity.; Strategically leverages existing improvements to reduce development timelines and costs.; Ideally central Santa Barbara location: approximately one mile from downtown, a half mile from Cottage Hospital, and minutes from the Funk Zone and beaches.
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