Property Details
About this Property
Prime 0.40-Acre Empty land Development Opportunity in Historic Old Town Lompoc at I Street – Includes Two Parcels. Discover a rare investment opportunity in the heart of Old Town Lompoc, Santa Barbara County. This flat, build-ready 0.40-acre land consists of two adjoining parcels (APNs 091-103-021 & 091-103-022) and offers exceptional development potential in a rapidly revitalizing area. Preliminary evaluation indicates the site could accommodate some commercial space and approximately 48 residential units, including 7 affordable units for low-income housing when considering AB 2001 Bill as well as density bonus incentives. No parking is required under these provisions, making this a highly versatile opportunity for developers looking to bring new residential and retail vitality to the downtown corridor. All information should be confirmed with the City of Lompoc and independently verified by the buyer. This land also carries rich historic significance. In 1875, it was home to the iconic Sherman Hotel, later known as the Colonial Inn, built by Lompoc’s first postmaster. Over the years, it held several names—including the Veit House, Cousin’s Hotel, and Mastro's Colony House—before its demolition in 1989. Today, the site stands ready for a new chapter, offering a unique opport
MLS Listing Information
MLS #
CRSR25277552
MLS Source
California Regional MLS
Days on Site
2
Lots & Land Information
Lot Description
Grade - Level
Utilities
Other, Other
Parking, School, and Other Information
HOA Fee
$0
Zoning
LL
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
117 S I is in Lompoc, CA 93436. This Land is currently priced at $339,000. This address can also be written as 117 S I, Lompoc, CA 93436.
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This listing information is up-to-date as of December 17, 2025. For the most current information, please contact Steven Sarahang
