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Above it All A landmark parcel of unrivaled scale, privacy and options encompassing over 28 acres overlooking Santa Barbara. This unparalleled estate site offers a front-row seat to boundless panoramic views of the Pacific Ocean, Channel Islands, city lights, and dramatic sunsetsall framed by majestic Santa Ynez Mountains. This is a rare building opportunity offering a sophisticated canvas for a visionary owner to create their legacy compound or a strategic developer looking to subdivide and build multiple custom homes. A must see in personreach out for a private tour!The property comes with a significant timeline advantage, including fully permitted plans by renowned architect Brian Cearnal. The plans envision a sprawling 5,000 SF Mediterranean-style compound, showcasing the quintessential Santa Barbara lifestyle. Seamlessly blending indoor elegance with an outdoor sanctuary featuring a pool, spa, sport court and a detached 1,200 SF Additional Residential Unit (ARU)/Guest House. By bypassing years of the typical planning process, a new owner can begin construction immediately to realize their dream estate or development project.This expansive 28.1 acres of useable land is uniquely positioned for a variety of high-level outcomes. Beyond a singular private retreat, there is extraordinary investment potential for an owner to further subdivide into several more highly desirable 1+ acre view parcels. Additionally, a developer has the possibility to create a luxury subdivision of several estate homes. Much of the intensive groundworkincluding architectural plans, civil engineering, grading plans, surveying and environmental investigationshas already been completed, providing remarkable value in both time and financial resources.The premier uppermost building pad offers unobstructed 360 degree views of mountains, ocean and channel islands with proximity to Los Padres National Forest offering starry night sky views and peaceful surroundings. The picturesque grounds currently feature two identified building pads, hundreds of avocado and macadamia nut trees and a network of private roads and pathways that wind through the natural landscape. It is a world unto itself, yet it remains just minutes from the fine dining, high-end shopping and coastal recreation of the American Riviera.Rarely does a property of this magnitude and readiness become available in such a highly desirable location. Whether envisioned as a singular sanctuary or a premier residential enclave, this is a definitive opportunity to shape the future of the Santa Barbara community.
Listing agent: Randy Haden DRE #01988499 Randy.Haden@compass.com, Listing office: Compass
MLS data updated 10/19/2026, 3:29:15 AM PT
Source: CRMLS, MLS #: 26875401
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 21, 2026
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This home · nearest recorded event
$6,495,000Original asking price · Aug 21, 2026ZIP 93105 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.