421 S Milpas ST Street, Santa Barbara, CA 93103
421 S Milpas ST Street, Santa Barbara, CA 93103
421 S Milpas ST Street, Santa Barbara, CA 93103
421 S Milpas ST Street, Santa Barbara, CA 93103
421 S Milpas ST Street, Santa Barbara, CA 93103
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$ 6,495,000
Est. payment | /mo

9,583 Sqft Lot

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$ 6,495,000
Est. payment | /mo
Save

9,583 Sqft Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26-1330

Year Built 1954

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 9583.2

Property Sub-Type Business

Source Santa Barbara Multiple Listing Service

Property Description

Blue Sands Inn is a boutique hospitality investment opportunity in Santa Barbara, featuring a 12-key property with full entitlements for the potential addition of a 13th key. The asset can continue operating in its current configuration, providing flexibility for a buyer to implement improvements over time or pursue a repositioning strategy aligned with their vision.

Located near East Beach and Santa Barbara's primary tourism corridors, the property benefits from strong year-round demand and limited new hotel supply. The existing entitlements provide a clear path to enhance the asset, increase room count, and drive ADR growth in one of California's most desirable coastal markets.

Do not disturb management.

Location

State CA

County Santa Barbara

Direction From US-101 (N or S) Take Exit 96B for Milpas St toward Los Angeles/Beaches, head S on S Milpas Street toward the ocean. Continue for about 0.5 miles & the inn will be on your right

Exterior

Parking Features Pub/Lot, Uncovrd

Others

Tax ID 017-313-012

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by Western Hotel Brokers, Inc.

Schools and Properties Nearby

Ryan Gleason

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+1(805) 857-9275

rgleasonmedia@gmail.com

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421 S Milpas ST Street