This is a terrific opportunity to own on one of the most desirable streets in the highly coveted area of Montecito. As one of the nation’s most affluent communities, Montecito is home to many of the rich and famous with a certain understated “small town” ambiance. This bank owned property is tucked away off the street, situated on a flat and usable 33,541 square foot corner lot. It has mountain views on a natural rural setting in a $2 million+ neighborhood. The current structure is a two bedroom, one & half bath farmhouse. It is tenant occupied. This is located within the Cold Spring School District, a K-6 school California Distinguished School & Blue Ribbon School that serves approximately 200 students. To purchase a property in this key location at this price is not an everyday occurrence.