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Santa Maria Land/Lot Opportunity
For Sale
$1,400,000

Northpoint Circle, Santa Maria, CA 93455

Land, Santa Maria, CA

Property SizeContact for details
Lot Size3.99 Acres
Days on Market159

Property Features for Northpoint Circle

General Information

Property type Land
Property subtype Other
Zoning DR-3.3
Subdivision Orcutt West(880)
Lot features 6-10 Units/ Acre
View Hills
Directions Union Valley Parkway to Northpoint
Standard status Active
APN 107560033
Lot size 3.99 Acres

Utilities

Utilities Cable Available
Listing Agency: Hart Commercial Real Estate
Listed By: Jason Hart · License #01334694
Added: Mar 18 Changed: Aug 20 Last Checked: Aug 23 at 6:06PM
MLS# PI26059582

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Investment Insights

Based on property information with market context.

This property presents an opportunity to acquire a project with pre-negotiated fee waivers and a resolved airport land use conflict. Although re-entitlement is required, the project history and existing agreements offer a roadmap for bringing 32 new homes to the Orcutt market. A recorded settlement agreement with the Orcutt Union School District means a future developer will not have to pay school impact fees to the OUSD. A settlement with Santa Barbara County states that Quimby/Park fees will not be required as the map has already been recorded. The same settlement agreement with the county determined that no affordable housing mitigation would be required for the project. A mediated settlement with the Northpoint Homeowner's Association clarifies that this phase is not required to join the existing HOA but will contribute to shared road and drainage basin maintenance. While the previous Development Plan for the 32 units expired in 2018, the path to re-entitle the project is straightforward, requiring a new Development Plan application consistent with the prior approvals. A 2023 revision to the Airport Land Use Compatibility Plan has removed a "no build corridor" that previously conflicted with 15 of the lots. The 3.99-acre site may qualify for the permit streamlining provisions of SB 35, as it is in an urban area with 75% of its perimeter already developed.

Key Highlights

  • Significant potential savings with waived school impact fees (OUSD), Quimby/Park fees, and affordable housing in‑lieu fees.
  • Resolved airport land use conflict clears the way for development on previously restricted lots.
  • Clear and de‑risked roadmap for developing 32 new homes in the attractive Orcutt market.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

Demographics for 93455, CA

45,282
Population
16,087
Households
2.8
Avg Household Size
40
Median Age
32%
College-Educated
89%
High-School Grad
118.3 sq mi
ZIP Area
383
Density / Sq Mi
$108,501
Median Household Income
$53,120
Median Earnings
$2,267
Median Rent
$572,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Development opportunity with potential fee waivers in Orcutt market.
Where is this land located?
The property is located at Northpoint Circle Santa Maria, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Significant potential savings with waived school impact fees (OUSD), Quimby/Park fees, and affordable housing in‑lieu fees.; Resolved airport land use conflict clears the way for development on previously restricted lots.; Clear and de‑risked roadmap for developing 32 new homes in the attractive Orcutt market.
More about this property
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