1260 Channel Dr, Montecito, CA 93108
For Lease
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This exceptional retail opportunity is located in Montecito, Santa Barbara County, within a vibrant and affluent community. The property, situated at 1260 Channel Drive, offers a total of 17,706 square feet of commercial space currently entirely vacant and available for lease. Multiple units are available, ranging in size from a minimum of 308 square feet to a maximum contiguous space of 5,675 square feet, providing flexibility for various retail concepts. The property's location offers unparalleled access to the prestigious Four Seasons Resort Biltmore Santa Barbara, a renowned luxury hotel attracting high-end clientele. This prime location within the resort's vicinity ensures high visibility and foot traffic, creating an ideal environment for businesses targeting a discerning customer base. The property is situated in a picturesque setting, nestled between the Pacific Ocean and the Santa Ynez Mountains, within 22 lush acres. This unique combination of luxury, convenience, and stunning natural beauty presents a rare and highly desirable opportunity for businesses seeking a prominent presence in one of California's most exclusive areas. The property is categorized as a multi-tenant retail space, offering a diverse range of possibilities for businesses seeking to establish themselves in this exceptional location. The entire 17,706 square feet is currently vacant, providing a blank canvas for a new tenant or a collection of tenants to create a thriving retail destination.
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TurnOnGreen Charging Station Electric Vehicle Charging Station
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Silverhorn Four Seasons, Biltmore (Bike/Boat/Book/etc) Store
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Ty Lounge Bar & Pub Nightclub
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Encore Rental Equipment Company Tech Support Center
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The Spa at Four Seasons Resort The Biltmore Santa Barbara Spa & Massage Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.