421 S Milpas Street, Santa Barbara, CA 93103

$6,495,000
5,918
SqFt

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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.

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Listing courtesy of Western Hotel Brokers, Inc..