Santa Barbara CA Real Estate & Commercial for Sale

This Santa Barbara beach hostel located in the most desirable zone between the Pacific Ocean and the train station; directly behind the MOXI children's museum, hotels, and downtown restaurants; bordered by a creek and offering an exceptional opportunity to operate a traveler's hostel with 66 beds including some private suites; this is a once in a lifetime iconic property. Value add opportunities include creating additional private suites, installing car charging technology, and patterning with local restaurants or caterers to facilitate meal services. Currently operating profitably, there are endless possibilities to improve this amazing property. Onsite kitchen, dining room, and game room, plus outdoor sunning and grills.

Hidden Oaks Ranch contains 12.06 acres in two contiguous parcels. One parcel contains 1.92 acres (065-590-083) and the Event Center, the centerpiece of which is a beautiful 7,000 square foot Residential/Clubhouse. The second parcel contains 10.14 acres and the 9-hole golf course. The latter parcel has potential of being redeveloped for other uses. Hidden Oaks is in unincorporated Santa Barbara County. The property is outside of the jurisdiction of the California Coastal Commision. Built in 1952 as a private estate and operating as an Event Center since the 1990's it is perfect for weddings, seminars, executive retreats, family reunions and other special events. The beautiful Residence/Clubhouse was totally remolded in 2022 at a cost of $2.5 million, it features 8 Kingsize bedrooms in two main wings, 11 bathrooms, multiple kitchens, meeting rooms, socializing areas, game rooms and staging areas. Adjacent to the Res/Clubhouse is a large space for outdoor events. Included are: Several large 100-year-old oak trees, 25 foot swimming pool and spa with large outdoor deck area. Also included are a banquet bar, "Great Lawn" and large flagstone terrace, Parking for 52 cars and expansive views of the surrounding oaks and palms with Santa Ynez Mountains in the background. The Golf Course sits on (10.14) acres. Designed by Masters champion Billy Casper in 1969. This 9-hole par three course plays at 2,054 yards from the back tees.