Bought with Laura Drammer • Berkshire Hathaway Home Services California Proper
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Key Details
Sold Price $2,800,000
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPI22238594
Sold Date 07/28/23
Lot Size 5 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Live Oak Lanes is an entitled development project in the growing Central Coast community of Buellton, California. The current project is planned for a 39,800 SF building with 12,500 SF of outdoor covered patio space that houses 18 lanes of bowling, 4,000 SF restaurant-bar, a 2,300 SF modern arcade, party rooms and 179 parking spaces. The property consists of 5 acres in east Buellton, just off the 101 Freeway and Highway 246 corridor. You will find this gem situated in the shopping area of Buellton behind Jack-in-the-Box and O'Reilly's Auto Parts and clearly visible from the 101 Freeway providing exceptional visibility and exposure. This is one of the few large, commercial sites that remain undeveloped in the market in this area. All plans, studies, reports and permits are included in the sale. This project is ready for an investor/developer to finalize the grading plans and break ground and complete the project, modify it to suit their needs, or pivot to any number of other possibilities.
Location
State CA
County Santa Barbara
Area Buel - Buellton
Zoning LZ
Exterior
View Hills, Panoramic, River / Stream
Building
Water District - Public
Others
Tax ID 137200078
Special Listing Condition Not Applicable
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