With 175' of Pacific Ocean frontage, 3735 Santa Claus Lane is one of the few remaining small-scale coastal California beachfront development opportunities. In the premium and supply-constrained greater Santa Barbara area sub-market, the parcel is the last vacant lot on Santa Claus Lane - a famous local laid-back strip of restaurants, retail and residential, located between the prestigious 8-figure oceanfront estates of Padaro Lane and the town of Carpinteria. The 20,000+/- SF lot is zoned C-1 to support multiple commercial and residential spaces, with astounding front-row views of the Pacific Ocean and close-by beach access. Consider for development re-sale or investment hold, or for partial-use or full-use as personal residential. More details in Offering Memorandum under Documents.