Orcutt, CA 93455,0 Northpoint Circle
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
21
Aug
Fri
22
Aug
Sat
23
Aug
Listed by Jason Hart • Hart Commercial Real Estate
$ 1,920,000
Est. payment | /mo

173,804 SqFt


Save
$ 1,920,000
Est. payment | /mo
Save

173,804 SqFt

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 173,804 sqft

Price per Sqft $11

MLS Listing ID CRPI25134425

HOA Y/N Yes

Lot Size 3.990 Acres

Property Sub-Type Unimproved Land

Source Datashare California Regional

Property Description

SUMMARY This property offers a developer the chance to acquire a well-defined project with significant, pre-negotiated fee waivers and a resolved airport land use conflict. While it requires re-entitlement, the extensive project history and existing agreements provide a clear and de-risked roadmap for bringing 32 new homes to the attractive Orcutt market. KEY FINANCIAL ADVANTAGES & REDUCED FEES • No School Fees for OUSD: 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. This represents a considerable savings, as the current OUSD residential development fee is $3.69 per square foot as of June 2024, a potential savings of $160,000. • No Quimby/Park Fees: A settlement with Santa Barbara County states that Quimby/Park fees, currently $5,344 per single-family dwelling, will not be required as the map has already been recorded. This amounts to a potential savings of over $171,000. • No Affordable Housing In-Lieu Fees: The same settlement agreement with the county determined that no affordable housing mitigation would be required for the project, representing another significant potential cost reduction. • HOA Agreement in Place: A mediated settlement with the Northpoint Homeowner's

Location

State CA

County Santa Barbara

Interior

Fireplace No

Exterior

View Hills

Bay East AOR and Contra Costa AOR

GET MORE INFORMATION

agent
Qayes Abdulla

REALTOR® | Lic# DRE# 02150727

+1(510) 779-4525

313 Sycamore Valley Rd Danville CA 94526

Name
Phone*
Message
Go tour this home

0 Northpoint Circle