Real estate development project of oceanfront land in Santa Barbara, California known as one of the four most beautiful pieces of land. The 264.49 acres has been called several names: The Jewel of the West, The Jewel of The Pacific, The Jewel of California and has been ranked as one of the 4 most beautiful lands in USA. The brief financial study of the property along with its pictures would give the investor a clear idea about this golden opportunity. This Pacific Oceanfront piece of land was appraised in 2007 at $106 million and the appraisal is available to be sent to you in an email by request.