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1385 Anderson Ln, Santa Barbara, CA, 93111

0beds
0baths
0sqft
$4,850,000
--price/sqft
$27,884/moest. monthly cost
$1,115,360/yrincome needed

About This Home

NOW VACANT: 5 Acre Commercial Greenhouse Property with potential to become Coastal Ranchette or continue with an Owner/User. OFFER IS ON THE TABLE FOR 625K BUY OUT OF CELL TOWER LEASE.Expansive Views of Coastal Mountains. Property has a loading dock and includes office trailer, shed and cooler and is in close proximity to the beach, hospital, Santa Barbara Airport and the University of California Santa Barbara. Cell Tower Income.

Getting Around

11
WalkingCar-Dependent
7
TransitMinimal Transit
53
BikeBikeable

Schools

8/10

Construction

Materials

  • Foundation: None
  • Roof: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 065250031
  • Zoning description: Residential,Residential Rural,Res Agriculture,Agricultural,Commercial
  • Special condition: Standard

Lot

  • Lot size: 5 Acres
  • Features: Level,Other Agriculture

Parking

  • Parking features: RV Access/Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Landslide
Wildfire

FEMA Declared Disasters in Santa Barbara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $24,524$294,288
Home Insurance *$578$6,936
Property Taxes $2,384$28,608
Electricity $398$4,786
Total$27,884$334,608
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$956,022/yr
40% on housing$836,520/yr
45% on housing$743,573/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 93111$992
Santa Barbara County$1,072

vs Homes Sold Last Month

Median $/sqft

ZIP 93111$984
Santa Barbara County$735

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2023-03-16Listed for sale$4,850,000

For Sale by Agent

AgentJon Ohlgren
BrokerageRadius Commercial RE

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