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  • 117 S I Street

117 S I Street, Lompoc, CA 93436

$339,000 Approx. USD 0 beds, 0 baths
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Photo of Joe Stubbins

Joe Stubbins REALTOR® - Sales Associate 805-729-0778 m
805-729-0778 o
Lic#: 01002182
NRDS ID: 199500010
jstubbins7@gmail.com Text Me
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Lic#: 01002182
NRDS ID: 199500010
jstubbins7@gmail.com Montecito Office
1170 Coast Village Rd
Montecito, CA 93108
Phone: 805-969-5026
Fax: 805-969-4982
 Montecito 1170 Coast Village Rd
Montecito, CA 93108
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Listing Agent


Steven Sarahang | steven4realestate@yahoo.com
Lic#: 01386940
Broker: Courtesy of Flat Fee Inc.
Phone: 818-402-4266

Agent Remarks

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 opportunity to revitalize a meaningful piece of Lompoc’s past. With its central location, flat topography, and flexible development possibilities, this property is ideal for a thoughtfully designed residential or mixed-use project. Bring your vision to a site where history, community, and opportunity come together.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# SR25277552
Price: $339,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.20 acres
Lot size: 0.2000
Subdivision: South West Lmpc(54)
County: Santa Barbara
Zoning: Commercial/Mix
Lot description: Level
MLS area: LOMP - Lompoc

Last Updated: 6/11/2026

 Days On Market (DOM): 213

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This listing belongs to the LOMP - Lompoc MLS area

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Lat/Long: 34.638035, -120.459574.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Joe Stubbins

Joe Stubbins REALTOR® - Sales Associate 805-729-0778 m
805-729-0778 o
Lic#: 01002182
NRDS ID: 199500010
jstubbins7@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 01002182
NRDS ID: 199500010
jstubbins7@gmail.com
Montecito Office
1170 Coast Village Rd
Montecito, CA 93108
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